Investment Policy

This walks you through building a proper Investment Policy Statement, from calculating required returns and assessing risk tolerance to setting rebalancing triggers and manager selection criteria. You get the full LLTU+U constraint framework, the spending rate formula for endowments (spending + inflation + fees), and the rule that when risk ability and willingness conflict, the lower one governs. It covers both individual portfolios and institutional funds with worked examples for each. The benchmark selection criteria and Five Ps for manager evaluation are solid reference material. If you need to document investment strategy or reconcile a client's financial capacity with their actual comfort level, this gives you the structure and formulas to do it right.

Install to Claude Code

npx -y skills add joellewis/finance_skills --skill investment-policy --agent claude-code