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portada the quest for alpha,the holy grail of investing
the quest for alpha,the holy grail of investingthe quest for alpha,the holy grail of investing
Type
Physical Book
Year
2011
Language
English
Pages
190
Format
Hardcover
Dimensions
22.3x14.7x2.1 cm
Weight
0.33 kg.
ISBN13
9780470926543

the quest for alpha,the holy grail of investing

Larry E. Swedroe (Author) · Bloomberg Press · Hardcover

the quest for alpha,the holy grail of investing - Swedroe, Larry E.

New Book Imported to South Africa
Delivery: 21 Oct - 29 Oct Shipping: 7 to 8 business days.
R 406
R 406

Synopsis "the quest for alpha,the holy grail of investing"

The final word on passive vs. active investing The debate on active investing-stock picking and market timing-versus passive investing-markets are highly efficient and almost impossible to outperform-has raged for decades. Which side is right? In The Quest for Alpha: The Holy Grail of Investing, author Larry E. Swedroe puts an end to the debate, proving once and for all that active investing is likely to prove futile as the associated expenses-costs, fees, and time spent analyzing individual stocks and the overall market-are likely to exceed any benefits gained. The book Presents research, data, and quotations that reveal it's extremely difficult to outperform the market Explains why investors should focus on asset allocation, fund construction, costs, tax efficiency, and the building of a globally diversified portfolio that minimizes, if not eliminates, the taking of idiosyncratic, uncompensated risks Other titles by Swedroe: The Only Guide to Alternative Investments You'll Ever Need and The Only Guide You'll Ever Need for the Right Financial Plan Investors are on a never-ending search for a money manager who will deliver returns above the appropriate risk-adjusted benchmark, aka the "Holy Grail of Investing." The Quest for Alpha demonstrates that it's a loser's game-while it's possible to win, it's so unlikely that you shouldn't try.

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