What Wall Street Doesn't Want You to Know: How You Can Build Real Wealth Investing in Index Funds - Softcover

"This wonderfully iconoclastic book drums home the message that beating the stock market is a loser's game. Larry Swedroe's new book tilts-successfully-at the windmills of professional managers, Wall Street analysts, owing 'the best 100 companies' (or the best ten funds), hedge funds market timers, investment newsletters, and short-term strategies. Once you're convinced by the powerful case the author has made, he then offers seven steps to playing a winner's game. The diagnosis is right on the mark, and his essential prescription-rely on portfolio construction, index funds, broad diversification, minimal costs and taxes, risk control, and time-also comes close to the center of the target: the optimal accumulation of your financial wealth." --John C. Bogle, founder and former chairman of The Vanguard Group

An insider's peek at Wall Street's dirty laundry exposes the bad stock managers and faulty advice encouraged by the current trading system and offers valuable advice on how to profit from index-related portfolios. Reprint. 20,000 first printing.