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Swedroe, Larry E.

The Quest for Alpha: The Holy Grail of Investing

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

27,80€

Ebook, ePUB with Adobe DRM
ISBN: 9781118005705
DRM Restrictions

Printing58 pages with an additional page accrued every 13 hours, capped at 58 pages
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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? 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 it's 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
  • Other titles by Swedroe: The Only Guide to Alternative Investments You'll Ever Need and The Only Guide You'll Ever Need for the Right Financial Plan

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 it's a loser's game-while it's possible to win, it's so unlikely that you shouldn't try.

Keywords: Investments & Securities, larry e. swedroe, larry swedroe, quest for alpha, holy grail of investing, passive investing, active investing, passive vs. active investing, market timing, timing the market, outperform the market

Author(s)
Publisher
John Wiley and Sons, Inc.
Publication year
2011
Language
en
Edition
1
Series
Bloomberg
Page amount
192 pages
Category
Economy
Format
Ebook
eISBN (ePUB)
9781118005705
Printed ISBN
9780470926543

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