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Rational Investing in Irrational Times: How to Avoid the Costly Mistakes Even Smart People Make Today Book
It's well known that the technology world is changing at a rapid pace due in part to innovations in computers, the Internet, telecommunications, and biotechnology.It is less well known that the financial world is in a far different place than it was just a few years ago as witnessed by the bursting dot.com and NASDAQ bubbles in March 2000.But even when financial markets change-especially when the change is irrational-investors need to return and hold fast to the basic principles of prudent investing.Rational Investing in Irrational Times is a timely new handbook for every investor today.Using a question and answer format, rising star Larry Swedroe identifies the many mistakes even the smartest investors make whether markets are strong or troublesome.He attributes almost all current … read more...mistakes and losses to investors' human vulnerability (a tendency to stray from proven investment principles), a lack of investing experience, faulty investment strategies, or errors of portfolio development.Unlike most investment books, the author further shows how investment performance can be greatly improved by building a globally diversified portfolio of passive index funds and/or Exchange Traded Funds consisting of multiple asset classes. Apart from offering a winning strategy, Rational Investing in Irrational Times presents an efficient and proven way to avoid the most common (and costly) mistakes investors make.AUTHORBIO: A native New Yorker, LARRY E. SWEDROE graduated from New York University with an MBA in finance. Author of The Only Guide to a Winning Investment Strategy You'll Ever Need and What Wall Street Doesn't Want You to Know, Swedroe lives in St. Louis, Missouri, where he is head of research and a principal in the firm of Buckingham Asset Management.Read More read less...
from£13.46 | RRP: * Excludes Voucher Code Discount Also available Used from £8.60
- 0312291302
- 9780312291303
- Larry E. Swedroe
- 1 June 2002
- Truman Talley Books
- Hardcover (Book)
- 352
- 1
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