<< 1 >>
Rating: 
Summary: Wall Street Stripped Bare
Review: Are you a trader, or even a gambler, without knowing it? In The Unbeatable Market Ron Ross shows you how a person who intends to be an investor is usually hoodwinked by the financial world into putting his money at unnecessary risk while forgoing even an average rate of return. Just a few simple, but extremely important concepts (which Ross thoroughly explains in plain enjoyable English) woven together quite logically and well supported with facts, are enough to expose how the brokerage business and the mutual fund industry, through their own self-interest and without malice, tend to guide the investor away from successful investing. If you read this book you will see behind the illusion that has been created by marketing. Then, if you really want to be an investor, you will be able to see where the true course of successful investing lies, as distinguished from the disguised trading and/or gambling into which most would-be investors have been lured. This is the best book on investing I've ever read.
Rating:
Summary: The Unbeatable Market
Review: Are you frustrated by your investment mistakes? Do you have very little confidence that you will know how to avoid the same mistakes in the future? Join the club!! Here is a book that explains why you feel so helpless, and offers, in my opinion, the only sensible way to invest. Understand this: the best you can hope for is to achieve market returns while managing risk. You will not beat the market, and all the hype of the talking heads and investment magazines is noise, not information. This is a wonderfully informative book that has helped me understand why I have made poor investment choices in the past, and given me a plan of action for the future. If you think you know how to invest and beat the market, lotsa luck. If you want to invest sensibly, read this remarkable book. Note: this is not a book that appeals to your greed with a get rich quick philosophy. Quite the contrary. Dr. Ross takes you on a guided tour of how and why the markets work, why all the hype of Wall Street can be so misleading to investors, and how you can invest efficiently. And efficiency, as Dr. Ross explains, means avoiding waste - wasted money, wasted time, wasted aggrivation. Work smarter, not harder, as I like to say.
Rating:
Summary: The Unbeatable Market
Review: Are you frustrated by your investment mistakes? Do you have very little confidence that you will know how to avoid the same mistakes in the future? Join the club!! Here is a book that explains why you feel so helpless, and offers, in my opinion, the only sensible way to invest. Understand this: the best you can hope for is to achieve market returns while managing risk. You will not beat the market, and all the hype of the talking heads and investment magazines is noise, not information. This is a wonderfully informative book that has helped me understand why I have made poor investment choices in the past, and given me a plan of action for the future. If you think you know how to invest and beat the market, lotsa luck. If you want to invest sensibly, read this remarkable book. Note: this is not a book that appeals to your greed with a get rich quick philosophy. Quite the contrary. Dr. Ross takes you on a guided tour of how and why the markets work, why all the hype of Wall Street can be so misleading to investors, and how you can invest efficiently. And efficiency, as Dr. Ross explains, means avoiding waste - wasted money, wasted time, wasted aggrivation. Work smarter, not harder, as I like to say.
Rating:
Summary: terrific read
Review: I am an author of three books on Modern Portfolio Theory and as the director of research for an investment advisory firm I read many books on investing every year---this is one of the best books I have read in recent years, doing a great job of explaining why the markets are efficient. Ron is an excellent teacher, using simple analogies to make often difficult concepts easy to understand.
Anyone interested in learning how the market really works, and not how Wall Street wants and needs you to believe it works, (and that should be everyone)should read this book
Rating:
Summary: An Unbeatably, Efficiently Perfect Book
Review: I have been an active money manager for more than 25 years. I loved this book. I found the advice in Ron Ross's book to be totally on the money. He displays how most mutual fund companies squander investors assets by charging high hidden fees. He effectively takes Wall Street to task for covering up poor performance while exxagerating the performance of the few (and temporarily) winning funds. Each chapter contains a wealth of logical presentations aimed at educating the individual investor.
I learned how survivor bias increases the perception of outperformance, and why active funds can never be 100% invested. While I do still believe that Warren Buffet, Stan Druckenmiller and Michael Steinhardt have an uncanny ability to capitalize on market inefficiencies, Ross Convincingly proves that the typical Mutual Fund can never outperform the market and that investors are better off in low fee low turnover index vehicles. An Excellent Investment Book!
Rating:
Summary: Funny, educational, clear and readable investing advice.
Review: Mr. Ross's book is a great educational and entertaining read. His logical and well-researched chapters simply savage the "Wall Street" BS that pervades the investment community and the populist press. With a sigh of relief you will realize that you aren't a dummy but are confused because it is in the interest of most brokers and investment writers to keep you lost and bewildered. Once the obfuscation is stripped away the basics of investing are revealed as straightforward and accessible. Use index funds, avoid management charges, diversify your investments and live your life.
Rating:
Summary: clear and persuasive
Review: nobody can beat the market consistently, ron ross says, and so nobody should really try. go with the market and you'll stay solvent even in the worst of times. in clear, intelligent english, backing every argument with lots of evidence, ron ross, once a professor of economics and now an investment adviser, provides an overview of modern investment theory that actually makes sense. if the last couple of years have blown your confidence in the stock market, this book will restore your faith.
Rating:
Summary: Look Out Wall Street!
Review: The Unbeatable Market is the clearest statement yet as to why using index funds is the superior investment alternative. The Wall Street crowd will hate this book. It exposes their doomed strategies and uses devastating logic and scientific evidence to prove the case. This is a highly rewarding book to read and quite thought provoking. The Unbeatable Market is destined to become an extremely controversial book, although I feel sorry for anyone taking the other side of the debate.
Rating:
Summary: Contentful and serious, yet understandable
Review: This book is an excellent and easily understood survey of the arguments in favor of the Efficient Market Hypothesis. Material is compellingly presented, abstract ideas are made easy to understand, and strong arguments are put forth in favor of passive funds (ie Index Funds) as against actively managed funds.
This book is one of few business books directed toward the general public that isn't trendy, insulting, ridiculous, or trite. I intend to buy this book for the next friend of mine that starts "day trading" or doing anything similar.
Rating:
Summary: Better than the Best
Review: Wow, this book is simply a must have. I am the holder of an MBA, and am currently researching various aspects of passive investing towards a Ph.D, so am very familiar with the terrain. I bought the book thinking that it would trot out the same old arguments in favour of indexing. Prof. Ross does this, but in a manner that is lucid, unique in its approach and totally convincing. He does not pull his punches, and truly has a remarkable knack of conveying his message in a manner that makes the subject appealing. Even if you do not subscribe to the passive investing philosophy it would do you good to buy the book as it will challenge your existing thinking. If you are one of those that has been burnt by recent market events I encourage you to buy this book first before all others. The next in line would be Four Pillars by William Bernstein.
<< 1 >>
|
