The four pillars of investing : lesson for building a winning portfolio

By: Material type: TextTextPublication details: New York ; McGraw-Hill; 2010Description: xiv, 331 p; Includes bibliography and indexISBN:
  • 978-0-07-174705-9
Subject(s): DDC classification:
  • C 332.6 B46f
Summary: In the mid-1990s, I began writing a small book, The Intelligent Asset Allocator, which ultimately became a successful failure: successful because it attracted positive notice and sold enough copies to please my publisher and myself, and a failure because it did not accomplish its ultimate goal. My aim had been to explain modern portfolio theory, a powerful way of understanding investing, to the general public. What I instead produced was a work comprehensible only to those with a considerable level of mathematical training and skill.
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In the mid-1990s, I began writing a small book, The Intelligent Asset Allocator, which ultimately became a successful failure: successful because it attracted positive notice and sold enough copies to please my publisher and myself, and a failure because it did not accomplish its ultimate goal. My aim had been to explain modern portfolio theory, a powerful way of understanding investing, to the general public. What I instead produced was a work comprehensible only to those with a considerable level of mathematical training and skill.

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