City of Belmont - Ruth Faulkner Public Library

The four pillars of investing, lessons for building a winning portfolio, William J. Bernstein

eng

Includes bibliographical references (p. 299-303) and index

illustrations

index present

non fiction

The four pillars of investing

bibliography

William J. Bernstein

lessons for building a winning portfolio

Since its initial publication, The Four Pillars of Investing has become a staple for the independent-minded investor looking to make better-informed investment decisions. Written by noted financial expert and neurologist William Bernstein, this time-honored investing guide provides the knowledge and tools for achieving long-term profitability. Bernstein bridges the four fundamental topics successful investors use to generate exceptional profits on a consistent basis: -- The Theory of Investing: "Do not expect high returns without risks." -- The History of Investing: "About once every generation, the markets go barking mad. If you are unprepared, you are sure to fail." -- The Psychology of Investing: "Identify the era's conventional wisdom and assume that it is wrong. More often than not, it is." -- The Business of Investing: "The stockbroker services his clients in the same way that Bonnie and Clyde serviced banks." --This down-to-earth book lays out in easy-to-understand prose the four essential topics that every investor must masterùthe relationship of risk and reward, the history of the market, the psychology of the investor and the market, and the folly of taking financial advice from investment salespeople. Bernstein pulls back the curtain to reveal what really goes on in today's financial industry as he outlines a simple program for building wealth while controlling risk. --

Machine generated contents note: ch. 1 No Guts, No Glory -- ch. 2 Measuring the Beast -- ch. 3 The Market Is Smarter Than You Are -- ch. 4 The Perfect Portfolio -- ch. 5 Tops: A History of Manias -- ch. 6 Bottoms: The Agony and the Opportunity -- ch. 7 Misbehavior -- ch. 8 Behavioral Therapy -- ch. 9 Your Broker Is Not Your Buddy -- ch. 10 Neither Is Your Mutual Fund -- ch. 11 Oliver Stone Meets Wall Street -- ch. 12 Will You Have Enough? -- ch. 13 Defining Your Mix -- ch. 14 Getting Started, Keeping It Going -- ch. 15 A Final Word