|
Unconventional Success: Investment guide
Good grounding in the fundamentals of the stock market, pitfalls, and a safer, less expensive way to invest. Well worth the effort to read thoroughly. Provides guidance as to how to avoid high fees of mutual funds, financial advisors (?) etc.
Unconventional Success-- an opinion
This book is a real contribution to the problem of individual investing. It
br /requires discipline and patience-- both of which will turn off many
br /potential users. However, the author is well worth listening to. He has proved his mettle in a superlative way, and has capsulized his advice in a way that can work, but you must do your part, this is not magic or alleged to be.Unconventional Success: A Fundamental Approach to Personal Investment
It left me hanging
The author makes a compelling case for an alternative investment strategy that really does, as the title suggests,fly in the face of conventional investment wisdom. He does so by methodically working through the range of alternatives available to the personal investor, looking at risk, performance, fees and potential conflicts of interest that work to the detriment of the investor. Conventional wisdom mainstays like mutual funds, corporate bonds, REITS to name a few are tarred and feathered by the author. The remaining investment vehicles, US Government Securities, foreign and domestic index funds form the basis of his portfolio. He also advocates for a nerves of steel ridged adherence to an asset allocation model where you sell winners on the way up and buy losers on the way down to maintain allocation targets. What is missing is a concluding chapter that summarizes his approach and provides an overview of a plan for action. I was left with a feeling of "Where do I go from here?"
Cookbook for ETF investing
This was a cookbook for investing in Exchange Traded Funds. The book is a bit repeatative but each chapter has a summery to spare you of some repeated details. However, it is hard to refute the logic and thinking behind the recommendations. And, if this is as indisputable as the author claims, it provides a recipe for investment that requires little effort and little cost overhead.
A must read for investors
I spend 45 years in the Wall Street enviroment. the book
br /sheds a refreshing new look at all investment catagories.
br /Should be required reading in all Business Schools.
|
|