The Four Pillars of Investing: Lessons for Building a Winning Portfolio (Personal Finance & Investment)
| Author | : | |
| Rating | : | 4.80 (649 Votes) |
| Asin | : | 0071747052 |
| Format Type | : | paperback |
| Number of Pages | : | 352 Pages |
| Publish Date | : | 2013-04-12 |
| Language | : | English |
DESCRIPTION:
Investing 101! As the title suggests, the author presents within this book four essential pillars of successful investing. Each section of the book is then dedicated to investigating and detailing each of these pillars and they are: 1) Theory 2) History 3) Psychology and Investing 101! O. Halabieh As the title suggests, the author presents within this book four essential pillars of successful investing. Each section of the book is then dedicated to investigating and detailing each of these pillars and they are: 1) Theory 2) History 3) Psychology and 4) Business. The first section on theory, is one which the. ) Business. The first section on theory, is one which the. but this one is more detail and an overall better reference book brian This should be required reading at the high school or college level. It's fair to say this book, along with "Boglehead's Guide to Investing," changed my life. If you have to pick one, pick "Boglehead's", but this one is more detail and an overall better reference book. Until i read these books, investing seemed to. Unanimouse said A classic. A must have. Others needed for a better picture.. Swedroe, Bernstein, Bogle, Larimore, Buffet. Get them. Then get online to the "Bogleheads forum", or Morningstar forum.They are a must for personal investment finance for retirees and those working toward a healthy retirement.
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. Great intelligence and good luck are not required.”William Bernstein’s commonsense approach to portfolio construction has served investors well during the past turbulent decadeand it’s 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
Bernstein is currently working on a history book exploring the effects of access to technology on human relations and politics. Bernstein, Ph.D., M.D., is a neurologist and the cofounder of the investment management firm Efficient Frontier Advisors. William J. He is the author of three finance booksThe Intelligent Asset Allocator, The Four Pillars of Investing, and The Investor’s Manifestoand two
Written by noted financial expert and neurologist William Bernstein, this time-honored investing guide provides the knowledge and tools for achieving long-term profitability.Bernstein bridges the four fundamental topics successful investors use to generate exceptional profits on a consistent basis:The Theory of Investing: “Do not expect high returns without risks.” The History of Investing: “About once every generation, the markets go barking mad. From the Back CoverSince its initial publication, The Four Pillars of Investing has become a staple for the independent-minded investor looking to make better-informed investment decisions. If you are unprepared, you are sure to fail.” The Psychology of Investing: “Identify the era’s conventional wisdom and assume that it is wrong. More often than not, it is.” The Business of Investing: “The stockbroker services his clients in t