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  • The Ages of the Investor

  • A Critical Look at Lifecycle Investing
  • De: William J. Bernstein
  • Narrado por: Brian Holsopple
  • Duración: 1 h y 36 m
  • 4.3 out of 5 stars (148 calificaciones)

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The Ages of the Investor

De: William J. Bernstein
Narrado por: Brian Holsopple
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Resumen del Editor

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.

©2012 William J Bernstein (P)2012 Podium Publishing

Lo que los oyentes dicen sobre The Ages of the Investor

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RETIREMENT OVERVIEW

This is a valuable introduction to retirement planning, something we all have to consider as soon as we start working, to assure we aren't poverty stricken when we can least afford to be vulnerable.

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Best of the best

In my opinion, listen did this audiobook as many times as you can. This would really help understand the whole process. Dr. Bernstein is the best.

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