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Abstract
The complexities of long-term planning can seem overwhelming, especially given today’s global multiasset, multicurrency investing environment. But a rigorous, forwardlooking, comprehensive tool built on the multifaceted drivers of asset returns—leavened with a dose of humility—has been developed. Such a “capital-markets engine” can drive forecasting by integrating mathematical rigor with a worldwide perspective and an acknowledgment of the unknowables that are inescapable in investing.
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