The Quest for Alpha: The Holy Grail of Investing Larry E. Swedroe

ISBN: 9781118005705

Published:

ebook

208 pages


Description

The Quest for Alpha: The Holy Grail of Investing  by  Larry E. Swedroe

The Quest for Alpha: The Holy Grail of Investing by Larry E. Swedroe
| ebook | PDF, EPUB, FB2, DjVu, talking book, mp3, RTF | 208 pages | ISBN: 9781118005705 | 6.74 Mb

The final word on passive vs. active investing.The debate on active investing-stock picking and market timing-versus passive investing-markets are highly efficient and almost impossible to outperform-has raged for decades. Which side is right? InMoreThe final word on passive vs.

active investing.The debate on active investing-stock picking and market timing-versus passive investing-markets are highly efficient and almost impossible to outperform-has raged for decades. Which side is right? In The Quest for Alpha: The Holy Grail of Investing, author Larry E.

Swedroe puts an end to the debate, proving once and for all that active investing is likely to prove futile as the associated expenses-costs, fees, and time spent analyzing individual stocks and the overall market-are likely to exceed any benefits gained.The book presents research, data, and quotations that reveal its extremely difficult to outperform the market.Explains why investors should focus on asset allocation, fund construction, costs, tax efficiency, and the building of a globally diversified portfolio that minimizes, if not eliminates, the taking of idiosyncratic, uncompensated risks.Investors are on a never-ending search for a money manager who will deliver returns above the appropriate risk-adjusted benchmark, aka the Holy Grail of Investing.The Quest for Alpha demonstrates that its a losers game-while its possible to win, its so unlikely that you shouldnt try.



Enter the sum





Related Archive Books



Related Books


Comments

Comments for "The Quest for Alpha: The Holy Grail of Investing":


groszfon.pl

©2008-2015 | DMCA | Contact us