Passport Program

    The CFA Societies Global Passport Program encourages visiting members to attend our local programs at the member rate.  Welcome to Atlanta!

    CFA Society New York

    Past Events - Video Archives

    Industry Partner

    Local Society Events 

    Amid, the COVID-19 crisis, the safety and well-being of our members, guests, volunteers, and staff are of the utmost importance to us.  With a state of emergency being declared state and nationwide, we have postponed all live events until further notice.  Take good care, stay safe and be well.   

    Joint Meeting with MTA | The 60/40 Portfolio is Dead: How Machine Learning Can Drive a Better Dynamic Portfolio

    February 18, 2015
    5:30 PM - 8:00 PM
     Add to Calendar

    103 West 103 West Paces Ferry Rd
    Atlanta, GA 30305
    http://www.buckheadrestaurants.com/103-west/  Directions

    Tickets

    $0.00 Member Fee

    $35.00 Guest Fee

    We are partnering with the Market Technicians Association on this Event and is free to ASFIP and MTA members.  Please join us!  


    The 60% stock / 40% bond portfolio has been a cornerstone of investment practice for decades.  The general idea is to allocate one’s assets in this static ratio, with occasional rebalancing to maintain the ratio.  The 60/40 approach does have benefits and many wealth managers and conservative investors still follow this practice.  It is conservative, reliable and “time proven.” But we believe there’s a better way — A dynamic portfolio using conservative instruments (large cap stocks and fixed income) can outperform the 60/40 and even the recent bull market.

    Lucena Research CTO Tucker Balch, Ph.D. will show you how we can improve on the 60/40 in two ways: First, by using a Machine Learning-inspired macro economic model we can dynamically shift the ratio between stocks and bonds in anticipation of downturns or bull markets.  Second, by choosing better equity instruments and more reactive fixed income assets to reduce volatility as well.

    The talk will cover:
    * A review of the 60/40 portfolio and its benefits.
    * How macro economic factors can forecast market strength.
    * Building a macro model using Machine Learning approaches.
    * Using the macro model to dynamically allocate assets.
    * How more reactive fixed income securities make a better portfolio.
    * A review of backtests and live trading results.


    Tucker Balch, Ph.D is a former F-15 pilot, current co-founder and CTO of Lucena Research, Inc. and current professor of Interactive Computing at the Georgia Institute of Technology.  His research focuses on topics that range from understanding social animal behavior to the challenges of applying Machine Learning to Finance. His online course, Computational Investing Part I, is the top online course offered by Georgia Tech with over 175,000 students enrolled. Balch earned his B.S. and Ph.D. at Georgia Tech.  Tucker’s honors include the NSF CAREER Award, the Georgia Tech Outstanding Service Award and a distinguished graduate designation from the USAF in Undergraduate Pilot Training. His work has been reported in Institutional Investor, the New York Times and the New Scientist.  Tucker has authored over 150 technical papers, journal articles and books, including the recent book What Hedge Funds Really Do with Philip Romero. His work has been covered by CNN and by the New York Times. His graduated students work at Goldman Sachs, Morgan Stanley, Citadel, AQR, and Yahoo! Finance.

     

    Future Events

    Online Series: Investing in Innovation: The New Core Equity Class

    June 03, 2020
    12:00 PM - 1:00 PM

    Webinar
    Details to follow

    1hr Professional Learning Credit

    Read More

    Online Series: Candidate Round-table

    June 09, 2020
    12:00 PM - 1:00 PM

    Webinar
    Details to follow

    Join us for this open forum

    Read More

    Online Series: Annual Meeting | A Fireside Chat with Rupal J. Bhansali & Stephanie Lang, CFA

    June 10, 2020
    12:00 PM - 1:30 PM

    Webinar
    Details to follow

    1hr Professional Learning Credit

    Read More

    Online Course: Introduction To Data Science & Python for Finance | A Cognitir Workshop

    June 16, 2020 1:00 PM to June 18, 2020 4:30 PM

    Webinar
    Details to follow

    This online course is Instructed by our training partner, Cognitir

    Read More