Upcoming Webinar Secrets of Customer Service Leaders – How They Differentiate by Daring to be Different
The Restored Book of Tobiya
The Southern Area Of Preparing Food Delivers Heart And Soul To Be Able To Food
Little Book of Leadership Powerpoint
Local politics and foreign ventures in China's transitional economy: the political economy of Singaporean investments in China
Top 20 Vendors: Culture Beats Scale. Auriga (Size 300) Ahead Of Google And Infosys In The Black Book Of Outsourcing 2010
The thin book of appreciative inquiry by sue annis organizational change & productivity begins with what’s right
The Vintage Book of Contemporary American Poetry by J.D. McClatchy
Wilderness: The Lost Writings of Jim Morrison, Volume 1 by Jim Morrison
The Little Book of Success and Happiness
"Ben and Phil have done it again. Another lucid, insightful book, designed to enhance your wealth! In today's stock-addled cult of equities, there is a gaping hole in most investors' portfolios...the whole panoply of alternative investments that can simultaneously help us cut our risk, better hedge our inflation risk, and boost our return. This Little Book is filled with big ideas on how to make these markets and strategies a treasured part of our investing toolkit."
—Robert Arnott, Chairman, Research Affiliates
"I have been reading Ben Stein for thirty-five years and Phil DeMuth since he joined up with Ben ten years ago. They do solid work, and this latest is no exception."
—Jim Rogers, author of A Gift to My Children
"If anyone can make hedge funds sexy, Stein and DeMuth can, and they've done it with style in this engaging, instructive, and tasteful how-to guide for investing in alternatives. But you should read this Kama Sutra of investment manuals not just for the thrills, but also to learn how to avoid the hazards of promiscuous and unprotected investing."
—Andrew Lo, Professor and Director, MIT Laboratory for Financial Engineering Q&A with Co-Authors Ben Stein and Phil DeMuthCo-Author Ben Stein The book discusses the 60/40 portfolio – what are the good and bad sides of it? The 60/40 stock/bond portfolio has evolved by natural selection to be the default preference for many investors. Since 1976 it has offered about 93 percent of the returns of the entire stock market with only about 65% of the risk. That's a pretty good trade-off. On the other hand, the vast majority of the risk comes from the stock side. It is basically riding the stock market with a shock-absorber from the bonds. This is the impetus to our search for alternatives -- the desire to spread our risks so we don't get jerked around as much. Why do you say in the book “Luck is a terrible strategy” ? If you scratch the surface, most investors are terrified. They know the pain of losing money, yet they have to do something with their savings, so they are led by the financial services industry to throw it at whatever has done well lately and then cross their fingers. Wall Street's basic strategy is to post impressive performance numbers by taking on added risks that are not visible until it is too late. This is what lures the suckers into the tent. It works most of the time, because most of the time the market is up. When it collapses, if investors move at all, it is simply to the next guy with a great recent track record. This is not a profitable way to invest. Co-Author Phil DeMuth Why are you against gold (i.e. If you are a king or pirate, you need a chest of gold. If not, you don’t) Most assets are supported by underlying earning power. Gold is supported by other people's fascination with gold. This is a circular argument. Gold is extremely difficult to value rationally, which means that its price is wildly susceptible to fanaticism and gold metaphysics. By definition, most people will get most interested precisely when the price is highest and the expected future returns are lowest. That said, we do believe that a small allocation to a broad basket of commodities (including precious metals) can be a useful portfolio diversifier. Why are hedge funds the ultimate alternative investment? Hedge funds are the ultimate alternative investment because they set out to be. They set out to 'hedge" or bet against whatever is the prevailing wisdom or trend. Their whole purpose is to go against whatever the general market feeling is: so, if people are loading up on crude oil, they sell crude; if people are going long on real estate, they go short on real estate. If the market generally is optimistic, they short the market. That is at least what hedge funds are supposed to be. Some are really just managed investment pools, but their goal is to be contrary.
Use coupon below to get discount at eCampus.com!
$3 off textbook orders over $75
$4 off textbook orders over $90
$5 off textbook orders over $100
Copy the coupon code before clicking the button!
|Amazon US||Paperback||$2.28 - $19.95|
Savor the inside scoop on over-the-top superstars. "I'm not a paranoid, deranged millionaire. . . . I'm a billionaire!". "Acting is an empty and useless profession.". ...
The Complete Book of Baby Names: The Most Names (100,001+), Most Unique Names, Most Idea-Generating Lists (600+) and the Most Help to Find the Perfect Name
The Blue Book of Grammar and Punctuation is filled with easy-to-understand rules,real-world examples, dozens of reproducible exercises, and pre- and post-tests.This handy workbook is ideal ...
Everyone needs to invest, but where do you invest during bear markets?. The massive stock declines over the past year have eroded savings, but this doesn't mean you should stuff your money under ...
One of today's most influential financial commentators offers his advice on keeping your money safe in an uncertain world. The Little Book of Safe Money acts as a guide for those trying to make ...
Unmatched in scope and literary quality, The Anchor Book of Chinese Poetryspans three thousand years, bringing together more than six hundred poems by more than one hundred thirty ...
Investing do's and don'ts from some of the most recognizable voices in personal finance. It's been a tough year for investors. Many have seen their retirement accounts dwindle ...
There are many ways to make money in today’s market, but the one strategy that has truly proven itself over the years is value investing. Now, with The Little Book of Value Investing, ...
"It's hard to talk clearly about investing and make sense to ordinary readers at the same time. Katsenelson gives a lucid explanation of today's markets with sound advice about how to make money ...
An accessible guide to trading the fast-moving foreign exchange market The foreign exchange market, or forex, was once dominated by global banks, hedge funds, and multinational ...