The Retirement Detective

The Basics of Correlation and Why We Own Multiple Asset Classes


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The Basics of Correlation and Why We Own Multiple Asset Classes

Episode 31

In this episode, we walk through the basics of correlation, a statistics concept that explains how two data sets, or variables, might be related.  This has important implications for portfolio construction and sets up some upcoming episodes on alternative investments.

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The Retirement DetectiveBy Philip Mock, CFA®, CFP®