The Index Revolution: Why Investors Should Join It Now
| Author | : | |
| Rating | : | 4.11 (527 Votes) |
| Asin | : | B01LIE5HUE |
| Format Type | : | |
| Number of Pages | : | 531 Pages |
| Publish Date | : | 2014-12-18 |
| Language | : | English |
DESCRIPTION:
By adjusting your portfolio asset weights to match a performance index, you consistently earn higher rates of returns and come out on top in the long run. "Beating the market" is much harder than it used to be, and investors who continue to approach the market with that mindset populate the rolls of market losers time and time again. Structure your portfolio to perform better over the long termTrust in the pricing and earn higher rates of returnLearn why a passive approach is more consistent and worthwhileIgnore overblown, outdated advice that is doomed to disappointAll great investors share a common secret to success: rational decision-making based on objective information. By indexing investment operations at a very low cost, and trusting that active professionals have set securities prices as correctly as possible, you will achieve better long-term results than those who look down on passive approaches while following outdated advice that no longer works. This book explains wh
"one of the best investment books I have ever read and is likely to be influential." (All About DC, March 2017)
Does a Great Job of Selling the Benefits of Passive Index Investing over Active Investment Management I didn't really get what I expected from this book; however, that was mostly my fault for not carefully understanding the book's intended purpose. This is a well written book, but I was already sold on the benefits of index investing. I was looking for a book with some practical advice abo. "Excellent book for beginner investors and experienced alike" according to Rice P. Burns, Jr.. Excellent book for beginner investors and experienced alike. Confirms that John Bogle was right in promoting index investing. Especially in these unpredictable times.. EVERYONE should read this book. It really explains the EVERYONE should read this book. It really explains the investment rationale for passive management. Lots of interesting historical detail from an author who was there at the beginning of the modern age of investment.