Synopses & Reviews
Time-Tested Techniques - Safe, Simple, and Proven Effective - for Building Your Own Investment Portfolio.
"As its title suggest, Bill Bernstein's fine book honors the sensible principles of Benjamin Graham in the Intelligent Investor Bernstein's concepts are sound, his writing crystal clear, and his exposition orderly. Any reader who takes the time and effort to understand his approach to the crucial subject of asset allocation will surely be rewarded with enhanced long-term returns."
- John C. Bogle, Founder and former Chief Executive Officer, The Vanguard Group President, Bogle Financial Markets Research Center Author, common Sense on Mutual Funds.
"Bernstein has become a guru to a peculiarly '90s group: well-educated, Internet-powered people intent on investing well - and with minimal 'help' from professional Wall Street."
- Robert Barker, Columnist, BusinessWeek.
"I go home and tell my wife sometimes, 'I wonder if [Bernstein] doesn't know more than me.' It's humbling."
- John Rekenthaler, Research Chief, Morningstar Inc.
William Bernstein is an unlikely financial hero. A practicing neurologist, he used his self-taught investment knowledge and research to build one of today's most respected investor's websites. Now, let his plain-spoken The Intelligent Asset Allocator show you how to use the time-honored techniques of asset allocation to build your own pathway to financial security - one that is easy-to-understand, easier-to-apply, and supported by 75 years of solid history and wealth-building results.
Bernstein offers tools for independent investors to understand asset allocation techniques and modern portfolio theory as they learn to act as their own investment advisor. 50 illustrations.
“Bernstein has become a guru to a peculiarly 90s group: well-educated, Internet-powered people intent on investing welland with minimal ‘help from professional Wall Street.”
--Robert Barker, BusinessWeek
William Bernstein is one of todays most unlikely financial heroes. A practicing neurologist, he used his self-taught investment knowledge and research to build a popular investors website. Now, in the plain-spoken The Intelligent Asset Allocator, he shows independent investors how to build a diversified portfoliowithout the help of a financial advisor. A breath of fresh air for investors tired of overly technical investment tomes, this book will help investors:
- Learn the risk/reward characteristics of various investment types
- Understand and apply portfolio theory for an improved risk/reward ratio
- Sharpen their focus, and take control of their investment programs
runs a websitewww.efficientfrontier.comknown for its quarterly journal of asset allocation and portfolio theory, Efficient Frontier.
The author's message is to use efficient diversification (asset allocation) to develop portfolios that provide the best possible returns for the risk and doing all of this without the help of a financial advisor.
Includes bibliographical references (p. 195-197) and index.
About the Author
William Bernstein (North Bend, OR) runs a website--www.efficientfrontier.com--known for its quarterly journal of asset allocation and portfolio theory, Efficient Frontier.
Table of Contents
Risk and Return.
The Behavior of Multiple-Asset Portfolios.
The Behavior of Real-World Portfolios.
Optimal Asset Allocations.
Odds and Ends.
Implementing Your Asset Allocation Strategy.