The Four Pillars of Investing: Lessons for Building a Winning Portfolio

William Bernstein

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Sprache: Englisch

Verlag: McGraw-Hill Education - Europe, United States, 2010

0071747052 / 9780071747059

Serie: Buch 11 von 16 - PERSONAL FINANCE & INVESTMENT

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Artikelbeschreibung des Verkäufers

The classic guide to constructing a solid portfoliowithout a financial advisor!With relatively little effort, you can design and assemble an investment portfolio that, because of its wide diversification and minimal expenses, will prove superior to the most professionally managed accounts. Great intelligence and good luck are not required.William Bernsteins commonsense approach to portfolio construction has served investors well during the past turbulent decadeand its what made The Four Pillars of Investing an instant classic when it was first published nearly a decade ago.This down-to-earth book lays out in easy-to-understand prose the four essential topics that every investor must master: the relationship of risk and reward, the history of the market, the psychology of the investor and the market, and the folly of taking financial advice from investment salespeople.Bernstein pulls back the curtain to reveal what really goes on in todays financial industry as he outlines a simple program for building wealth while controlling risk. Straightforward in its presentation and generous in its real-life examples, The Four Pillars of Investing presents a no-nonsense discussion of:The art and science of mixing different asset classes into an effective blendThe dangers of actively picking stocks, as opposed to investing in the whole marketBehavioral finance and how state of mind can adversely affect decision makingReasons the mutual fund and brokerage industries, rather than your partners, are often your most direct competitorsStrategies for managing all of your assetssavings, 401(k)s, home equityas one portfolioInvesting is not a destination. It is a journey, and along the way are stockbrokers, journalists, and mutual fund companies whose interests are diametrically opposed to yours.More relevant today than ever, The Four Pillars of Investing shows you how to determine your own financial direction and assemble an investment program with the sole goal of building long-term wealth for you and your family. The book has been read, but is in excellent condition. Pages are intact and not marred by notes or highlighting. The spine remains undamaged.…

Bestandsnummer des Verkäufers GOR007224950

Titel
The Four Pillars of Investing: Lessons for Building a Winning Portfolio
Autor
William Bernstein
Verlag
McGraw-Hill Education - Europe, United States
Erscheinungsjahr
2010
Zustand
Very Good
Einband
Paperback
Sprache
Englisch
ISBN-10
0071747052
ISBN-13
9780071747059
Artikelgewicht
599 Gramm
Abmessungen
160.0 x 234.0
Serie
Buch 11 von 16: PERSONAL FINANCE & INVESTMENT

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