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Sto caricando le informazioni... The Ages of the Investor: A Critical Look at Life-cycle Investingdi William J. Bernstein
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Iscriviti per consentire a LibraryThing di scoprire se ti piacerà questo libro. Attualmente non vi sono conversazioni su questo libro. Short, interesting and sensible look into asset allocation strategies during one life time. Clarifies the distinction between lump sum investment risk and periodic investing sequence risk. Also has good advice on investment strategies at retirement, focussing on avoiding the risk of running out of money. ( ) nessuna recensione | aggiungi una recensione
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The Ages of the Investor: A Critical Look at Lifecycle Investing is intended to be the first installment in the Investing for Adults series. Just as grownups do not believe in the Tooth Fairy, the Easter Bunny, or Santa Claus, "Investing adults" know that there is no such creature as the Stock-picking Fairy or the Market-timing Fairy. Further, there is no Risk Fairy who will write you cheap options that will protect your stock holdings against loss. Investing adults are familiar with Gene Fama, Zvi Bodie, Jack Bogle, and Burton Malkiel, and understand that a mean variance optimizer does not blend vegetables. In other words, this series is not for beginners. Future topics will, with luck, include the limits of market efficiency and diversification in increasingly nonsegmented global markets. Non sono state trovate descrizioni di biblioteche |
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Google Books — Sto caricando le informazioni... GeneriSistema Decimale Melvil (DDC)332.6Social sciences Economics Finance InvestingClassificazione LCVotoMedia:
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