Wall Street is built on the myth of the star manager, the lone genius who can outsmart the market. But what if the search for brilliance is the single greatest threat to your long-term wealth? From the spectacular collapse of celebrated 'masterminds' like Neil Woodford to the quiet, consistent failure of the industry as a whole, the data tells a shocking story. This book dismantles the mastermind illusion. It reveals the hard numbers: over a twenty-year period, nearly 95% of active fund managers failed to beat their simple, low-cost index benchmarks. Through a clear-eyed analysis of concepts like the 'Paradox of Skill' and the brutal arithmetic of fees, the author demonstrates why the hunt for market-beating returns is a negative-sum game for the vast majority of investors. Instead of chasing complexity, you will discover a powerful, mathematically superior alternative rooted in deliberate boredom. The Index Argument provides a compelling case for abandoning the chaotic search for the next star manager and embracing the quiet, compounding power of the averages. This investigation uncovers how the most effective investment strategy is the one Wall Street doesn't want you to know about.
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Vendeur : BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, Allemagne
Taschenbuch. Etat : Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Wall Street is built on the myth of the star manager, the lone genius who can outsmart the market. But what if the search for brilliance is the single greatest threat to your long-term wealth From the spectacular collapse of celebrated 'masterminds' like Neil Woodford to the quiet, consistent failure of the industry as a whole, the data tells a shocking story.This book dismantles the mastermind illusion. It reveals the hard numbers: over a twenty-year period, nearly 95% of active fund managers failed to beat their simple, low-cost index benchmarks. Through a clear-eyed analysis of concepts like the 'Paradox of Skill' and the brutal arithmetic of fees, the author demonstrates why the hunt for market-beating returns is a negative-sum game for the vast majority of investors.Instead of chasing complexity, you will discover a powerful, mathematically superior alternative rooted in deliberate boredom. The Index Argument provides a compelling case for abandoning the chaotic search for the next star manager and embracing the quiet, compounding power of the averages. This investigation uncovers how the most effective investment strategy is the one Wall Street doesn't want you to know about. 128 pp. Englisch. N° de réf. du vendeur 9783565567386
Quantité disponible : 2 disponible(s)
Vendeur : AHA-BUCH GmbH, Einbeck, Allemagne
Taschenbuch. Etat : Neu. Druck auf Anfrage Neuware - Printed after ordering - Wall Street is built on the myth of the star manager, the lone genius who can outsmart the market. But what if the search for brilliance is the single greatest threat to your long-term wealth From the spectacular collapse of celebrated 'masterminds' like Neil Woodford to the quiet, consistent failure of the industry as a whole, the data tells a shocking story.This book dismantles the mastermind illusion. It reveals the hard numbers: over a twenty-year period, nearly 95% of active fund managers failed to beat their simple, low-cost index benchmarks. Through a clear-eyed analysis of concepts like the 'Paradox of Skill' and the brutal arithmetic of fees, the author demonstrates why the hunt for market-beating returns is a negative-sum game for the vast majority of investors.Instead of chasing complexity, you will discover a powerful, mathematically superior alternative rooted in deliberate boredom. The Index Argument provides a compelling case for abandoning the chaotic search for the next star manager and embracing the quiet, compounding power of the averages. This investigation uncovers how the most effective investment strategy is the one Wall Street doesn't want you to know about. N° de réf. du vendeur 9783565567386
Quantité disponible : 2 disponible(s)
Vendeur : preigu, Osnabrück, Allemagne
Taschenbuch. Etat : Neu. The Index Argument | Why Boring Beats Brilliant in Long-Term [.] | Otto Brenner | Taschenbuch | Englisch | epubli | EAN 9783565567386 | Verantwortliche Person für die EU: Neopubli GmbH (Imprint: epubli), Köpenicker Str. 154a, 10997 Berlin, produktsicherheit[at]epubli[dot]com | Anbieter: preigu. N° de réf. du vendeur 135988372
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