Investor's Manifesto : Preparing for Prosperity, Armageddon, and Everything in Between
By: Bernstein, William J. (Author).
John Wiley and Sons Ltd. Published: 11/11/2009. Audience Guide: Professional & Vocational. Hardback. Sourced from U.S.A.
A proven investment approach that maximizes returns over time Simply put, investing is a difficult endeavor-especially for those with little professional experience in this arena. Only now, with the market's recent collapse, has this become apparent. With the current market maelstrom as a background, this timely guide describes just how to plan a lifetime of investing, discussing stocks and bonds as well as the relationship between risk and return. Filled with in-depth insights and practical advice, "Investing for the Ages" will help you understand the nuts and bolts of executing a lifetime investment plan, including: how to survive dealing with the investment industry, the practical meaning of market efficiency, how much to save, how to maintain discipline in the face of panics and manias, and what vehicles to use to achieve financial security and freedom. Written by William J. Bernstein, a leading light in the world of investing Examines how the financial landscape has radically altered in the past two years, and what investors should do about it Contains practical insights that the everyday investor can understand Focuses on the concept of Pascal's Wager-identifying and avoiding worst-case scenarios With "Investing for the Ages" as your guide, you'll quickly discover the timeless investment approaches that can put you in a better position to profit over time. Item Details
ISBN10/13: 0470505141/9780470505144
TITLE: Investor's Manifesto, The CONTRIBUTORS: Bernstein, William J. (Author) IMPRINT: John Wiley & Sons Ltd PUBLISHER: John Wiley and Sons Ltd FORMAT: Hardback PUBLICATION DATE: 11/11/2009
SUBJECT: Business, Industry & Management, Investment & Securities PAGES: 224 AUDIENCE GUIDE: Professional & Vocational CONTENTS: Foreword. Preface. Chapter 1: A Brief History of Financial Time. The Price of Money. Near-Death in Venice. The Incredible Shrinking Risk Premium. Chapter 2: The Nature of the Beast. Of Ravens and Returns. History versus Math. Mr. Gordon's Curious Equation. Home Sweet Home? Adventures in Equity. Throwing Dice with God. Gene Fama Looks for Angle and Finds None. Sandbagged by a Superstar. Jack Bogle Outfoxes the Suits. It's Better to be Lucky than Smart. Bond Funds: A Flatter Playing Field. Summary. Chapter 3: The Nature of the Portfolio. Four Essential Preliminaries. The Asset Allocation Two-Step. With Luck, Zigs and Zags. Chasing Rainbows. Summary. Chapter 4: The Enemy in the Mirror. Inner Demons. Behaving Badly. Bargain-basement Psychotherapy. Summary. Chapter 5: Muggers and Worse. The World's Largest Bad Neighborhood. The Fund Funhouse. Summary. Chapter 6: Building Your Portfolio. Financial Planning for a Lifetime: The Basics. Saving for Retirement: Nuts and Bolts. How to Save: Dollar Cost Averaging and Value Averaging. Four Investors, Four Plans. The Rebalancing Question. Teach Your Children Well. Summary. Chapter 7: The Name of the Game. Investment Theory and History: The Short Course. The Portfolio Theory of Everything. We Have Met the Enemy, and He is Us. Heads I Win, Tails You Lose. Fire When Ready. The Books You Need...Aged Like Fine Wine. Notes. Acknowledgments. About the Author. Index.
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