TY - JOUR T1 - Practical Applications of Stability-Adjusted Portfolios JF - Practical Applications SP - 1 LP - 4 DO - 10.3905/pa.2016.4.2.174 VL - 4 IS - 2 AU - Mark Kritzman AU - David Turkington A2 - Mack, Barbara J. Y1 - 2016/10/31 UR - https://pm-research.com/content/4/2/1.9.abstract N2 - Stability-Adjusted Portfolios Mark Kritzman David Turkington By failing to sufficiently taking estimation errors into account, investors commonly misperceive risk, dooming otherwise thoughtful portfolio strategies to sub-par performance.In Stability-Adjusted Portfolios, authors Mark Kritzman, CEO of Windham Capital Management , and David Turkington, Senior Vice President and Head of Portfolio and Risk Research at State Street Global Exchange , introduce a new method for assessing risk that has the potential to significantly affect portfolio construction and risk profiles.Kritzman and Turkington identify three main estimation errors, and demonstrate a series of straightforward steps that to incorporate them into a more stable framework.“These portfolios have more stable risk profiles and offer investors another way to handle the continual flux of the markets,” says Mark Kritzman. ER -