The Fundamental Index: A Better Way to Invest - Couverture rigide

Arnott, Robert D.; Hsu, Jason C.; West, John M.

Couverture rigide

ISBN 10 : 047027784X ISBN 13 : 9780470277843

Editeur : John Wiley & Sons Inc, 2008

Synopsis

Offers a breakthrough strategy to capturing the best market returns at the lowest cost and with the least risk. In this important new book, the highly respected Rob Arnott explains how passive, market capitalization weighted index investing falls short and fails to serve investors, particularly during market downturns.

A propos du livre

Quatrième de couverture :

Praise for the fundamental index

"The Fundamental Index® method is a controversial financial innovation in the field of passive investing, but this book confronts the whole range of controversy head on. The case for use of the Fundamental Index method and against cap–weighted indexes is uncommonly lucid, well illustrated, and attention–grabbing. You cannot reach a judgment on the Fundamental Index strategy, pro or con, without reading The Fundamental Index."
Peter L. Bernstein, author of Capital Ideas Evolving

"The Fundamental Index method is a financial innovation so logical that it is compelling to any and all who believe that common sense is a required ingredient for portfolio construction."
Bill Gross, Chief Investment Officer and founder of PIMCO

"Rob Arnott′s idea is both elegant and profound, yet some very smart people have trouble grasping his idea because of their unexamined assumptions about how the market works. This book will help the reader get past those assumptions."
Jack Treynor, President of Treynor Capital Management, Inc.

"Rob Arnott is a financial pioneer and this volume is a welcome addition to the rapidly evolving debate surrounding the true nature of indexation and passive investing."
Andrew W. Lo, Harris & Harris Group Professor, Director, MIT Laboratory for Financial Engineering, MIT Sloan School of Management

"Rob′s research on the Fundamental Index approach was a major epiphany for me. He has turned conventional investing wisdom on its head. This idea is a BIG deal it will be the fastest new investment idea to reach $100 billion in assets in history. Every investor needs to read this book."
John Mauldin, Millennium Wave Investments, author of Bull′s Eye Investing and Just One Thing

Revue de presse :

2008 American Publishers Awards for Professional and Scholarly Excellence (The PROSE Awards) Finalist/Honorable mention, Business, Finance & Management.

In The Fundamental Index, the leading industry thinker, Rob Arnott and his colleagues, present a new indexing method that captures more return for equity investors. In this important new book, the authors explain how passive, market–capitalization–weighted index investing falls short and fails to serve investors by investing too much in overpriced stocks and too little in underpriced shares. In short, Arnott et al. s innovative and straightforward strategy provides investors with a new tool for achieving excess returns in a projected low–return environment while preserving the many positive attributes of index fund investing.– Financial Markets and Portfolio Management

"Rob Arnott and his colleagues have, in The Fundamental Index, produced one of the most controversial books in years in the investment world Investment professionals would be very well advised to read it."– Financial Times

"...one of the most controversial books in years...Investment professionals would be very well advised to read it." (Financial Times, September 15, 2008)

À propos de cette édition

• Éditeur: John Wiley & Sons Inc
• Date d'édition: 2008
• ISBN 10: 047027784X
• ISBN 13: 9780470277843
• Reliure: Relié
• Nombre de pages: 336