A primary goal of prudent investing is to minimize risk for any sought rate of return, and correspondingly maximize returns for any given level of risk. A graphical representation mapping investment returns of all securities and portfolios leads to what is commonly referred to as “the efficient frontier”. This frontier represents portfolios that provide the least level of risk, estimated by their standard deviations, for any given expected return. Most securities and combinations thereof fall below and to the right of that line. It is rare that a portfolio manager achieves a long term record with a risk/return relationship above and to the left of this line. The "Efficient Frontier"
Over the past 11+ years, Byrne Asset Management has produced just such results – higher than average returns with lower than expected volatility. Some managers outperform the market by taking more than usual risk. Byrne Asset Management has outperformed the market both on an absolute basis and on a risk-adjusted basis.* Sources Large Cap Stocks – Vanguard 500 Index Fund, which
tracks the Standard & Poor's 500 Index |
