Investor Manifesto: Preparing for Shocks, Prosperity, and Everything Else
Original title: The Investor's Manifesto: Preparing for Prosperity, Armageddon, and Everything in Between
AuthorWilliam J. Bernstein / Bernstein William J.
Publisher: Alpina Publisher, 2014.
ISBN 978-5-9614-4613-5 , 978-5-9614-1815-6
Pages: 229 pp.
Format: 60×90/16 (145×215 mm)
Circulation: 1500 copies.
Weight: 380 g
Binding: Hardcover
Read "The Investor's Manifesto: Preparing for Shocks, Prosperity, and Everything Else"
A book on profitable investing
"Notable successes in managing one's money are achieved by few," William Bernstein.
About "The Investor's Manifesto: Preparing for Shocks, Prosperity, and Everything Else"
About the basics investing and portfolio planning. The main thing the author is trying to convey to readers is the recommendation to never forget that market crashes happen. That is why it is important to build a long-term (and let's face it, a short-term) strategy so that they do not come as a surprise.
Why The Investor's Manifesto: Preparing for Shocks, Prosperity, and Everything Else Is Worth Reading
- Understandable interpretive language that does not need to be translated from financial to more readily comprehensible.
- No unsubstantiated admonitions from the art of investing: just advice on how to reduce the likely damage in advance.
- Investing - a game and a struggle at the same time, how to combine them?
- The more dangerous the financial situation, the more profits it promises: the rules of investor behavior in crisis situations.
Will be of interest to both professional investors and a wide range of readers thinking at least about retirement savings.
Author
William Bernstein - a neurologist from Portland, Oregon - had always been interested in investing, but worried that he hadn't reached the pinnacle of excellence. So 17 years ago he decided to devote half his time to the task. Since then, he has written several books on personal finance and extensive historical writings. His books use scientific facts to demolish investment myths and expose the adviser industry. Bernstein's ideas were first outlined in The Intelligent Asset Allocation, then he wrote an easier-to-read version, The Four Pillars of Investment.