• The Four Pillars of Investing
  • The Four Pillars of Investing
ISBN: 0071385290
EAN13: 9780071385299
Language: English
Pages: 316
Dimensions: 1.34" H x 8.98" L x 5.98" W
Weight: 2.07 lbs.
Format: Hardcover
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Book Overview

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The classic guide to constructing a solid portfolio--without a financial advisor

With relatively little effort, you can design and assemble an investment portfolio that, because of its wide diversification and minimal expenses, will prove superior to the most professionally managed accounts. Great intelligence and good luck are not required.

William Bernstein's commonsense approach to portfolio construction has served investors well during the past turbulent decade--and it's what made The Four Pillars of Investing an instant classic when it was first published nearly a decade ago.

This down-to-earth book lays out in easy-to-understand prose the four essential topics that every investor must master: the relationship of risk and reward, the history of the market, the psychology of the investor and the market, and the folly of taking financial advice from investment salespeople.

Bernstein pulls back the curtain to reveal what really goes on in today's financial industry as he outlines a simple program for building wealth while controlling risk. Straightforward in its presentation and generous in its real-life examples, The Four Pillars of Investing presents a no-nonsense discussion of:

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