David
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Lifecycle Investing
- A New, Safe, and Audacious Way to Improve the Performance of Your Retirement Portfolio
- De: Ian Ayres, Barry Nalebuff
- Narrado por: Gerry Gartenberg
- Duración: 6 h y 37 m
- Versión completa
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General
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Narración:
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Historia
In finance, as in life, there's no such thing as a free lunch - unless you're well diversified. The push toward diversification inspires many investors to buy index funds, which is a smart move. But most people have missed the chance to diversify over their investing lifecycle.
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Pay Attention to Ideas, not Details
- De David en 08-23-10
- Lifecycle Investing
- A New, Safe, and Audacious Way to Improve the Performance of Your Retirement Portfolio
- De: Ian Ayres, Barry Nalebuff
- Narrado por: Gerry Gartenberg
Pay Attention to Ideas, not Details
Revisado: 08-23-10
This book is amazing, and is meant for anyone who is philosophically open when it comes to digesting new concepts in investing. Prior to purchasing this book, I was familiar with the author's works and was excited about the release. I wanted to read some reviews, however.
Predictably, all the negative reviews were written from the perspective that leverage is wrong under all circumstances. No doubt, such a bedrock view is driven by something personal, be it an options strategy gone wrong, poor advice from an investment adviser, or ending up underwater on one's own over-leveraged mortgage.
Investments, mortgages, financial products, and strategies of all kinds are AGNOSTIC. There are virtually no uniformly bad ideas. But the world is FILLED TO THE BRIM with the misapplication of otherwise sound advice.
And so it is with this wonderful book. That it is demonized by individuals for whom the strategies may not personally apply. But I promise you that if you go into this thing with an open mind, you will be vastly rewarded. Even if you don't find the investment philosophy to your liking, you will find the content very compelling.
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