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What Wall Street Doesn't Want You to Know : How You Can Build Real Wealth Investing in Index Funds
Rok: 2000
ISBN: 9780312272609
OKCZID: 110067942
Citace (dle ČSN ISO 690):
SWEDROE, Larry E. What Wall Street doesn't want you to know. 1st ed. New York: Truman Talley Books, 2001. xv, 379 s.
Anotace
Why do so many actively managed funds underperform? Why do passively managed funds provide superior returns, especially after taxes? What are the true interests of fund managers and the financial press? Most important, what strategy is in your best interest?What Wall Street Doesn't Want You to Know answers all these questions and more, giving you the inside information you need to become a successful investor who plays the winner's game-creating wealth-instead of the loser's game Wall Street wants you to play, of trying to pick stocks and time the market. In his revolutionary new guide, investment professional Larry Swedroe explains why active managers have rarely been able to add value to your portfolio over time. He dispenses with traditional Wall Street wisdom and experts and shows you how to invest the way really smart money invests today.What Wall Street Doesn't Want You to Know tells you exactly what Wall Street doesn't want you to know: how to avoid the pitfalls of short-term thinking and to invest so that you can create more wealth-much more wealth-over the long term.