The Unbeatable Market: Taking the Indexing Path to Financial Peace of MindWith this book learn how to avoid the active management scam that can cost plenty and eat into the retirement nest egg. Ross counsels on giving up on all those beat-the-market strategies pushed by Wall Street whiz kids. This book will set the reader on the safe road to investment efficiency and enhanced financial peace of mind. |
Contents
The Greatest Obstacle to Your Financial Peace of Mind | 1 |
Step One in Understanding the Stock Market | 19 |
Critical Characteristics of the Stock Market | 37 |
Copyright | |
10 other sections not shown
Common terms and phrases
active management actively managed funds alternatives analysis asset class attempting to beat average basic Beardstown Ladies beat the market behavior benefits bonds buyers choices costs Davis Love III decisions difference diversification economic economists efficient market Efficient Market Hypothesis equilibrium errors evidence example excess returns fact financial peace future growth hedge funds impact important incentives increase index funds individual stocks inflation interest rates investors Journal of Finance long-term luck market efficiency market risk means Modern Portfolio Theory mutual fund mutual fund performance passive management percent period point spreads portfolio manager portfolio turnover predict price changes price system probability profit question random rate of return rational expectations reality reflect relative result securities markets sell shares skill someone stock market stock prices strategy theory there's traded trying to beat uncertainty uncompensated risk voluntary exchange Wall Street Journal what's winning