What Wall Street Doesn't Want You T
Larry E. Swedroe. Truman Talley Books, $25.95 (379pp) ISBN 978-0-312-27260-9
Investment adviser Larry E. Swedroe (The Only Guide to a Winning Investment Strategy You'll Ever Need) wants individual investors to understand What Wall Street Doesn't Want You to Know: How You Can Build Real Wealth Investing in Index Funds. With clarity and conviction, he cuts through market mythology (principally that actively managed funds--even those managed by professionals--tend to beat market returns), and explains how to apply his fundamental Modern Portfolio Theory to ""passively"" manage investments and ""deliver the greatest expected return for any given level of expected risk.""
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Reviewed on: 01/01/2001
Genre: Nonfiction