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Bernstein is a firm believer in asset allocation and life-cycle planning. [Rational Expectations: Asset Allocation for Investing Adults: Volume 4 (Investing for Adults)] [By: Bernstein, William J] [May, 2014] | | ISBN: | Kostenloser Versand … Continuing the theme of the Investing for Adults series, this full-length finance title is not for beginners, but rather assumes a fair degree of quantitative ability and finance knowledge. Review of "Rational Expectations: Asset Allocation for Investing Adults" by William J Bernstein. In 2014 his sixth book, "Rational Expectations: Asset Allocation for Investing Adults" was published. 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