The Only Guide to a Winning Investment Strategy You'll Ever Need : The Way Smart Money Invests Today

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Summary: Great Investment Book
Review: A must buy book. I read Mr. Swedroe's first edition of Winning Investment several years ago and it changed my investment strategy. Since then following Mr. Swedroe's investment principles has resulted in successful investing. Following the principles within this book will make you money. I have recently read this new edition and have recommended it to many of my friends. This is an easy to read and comprehend book and is a great tool for any person interested in successful investing. I am very appreciative to Mr. Swedroe for sharing his wealth of knowledge on the subject of investing.

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Summary: Great Advice for The Novice Investor
Review: I purchased this book in 1998 and at that time adjusted my investments accordingly. As someone who has a poor gut instinct for investing and has followed a lot of advice from the "experts", I found Mr. Swedroe's advice to be valuable and rewarding. Being mainly a 401k investor, after my employee deduction I do not have much extra cash to invest in stocks or extra time to constantly track the markets. I am not looking for the score of a life time, all I ask is to at least get a return equal to the S&P or do a little better. Picking funds that consistantly do this has been a challenge over the years, and has resulted in either getting out too soon or staying too long. Following the concepts in the book, I have seen my investments weather the downturn in the market and rebound nicely. If you have a large enough sum of liquid savings you are willing to risk with a stock broker you may be able to do better (or worse). For my situation, the guidelines in this book have allowed me to invest in funds that will do as well as the market, and by simply checking the progress four times a year and rebalancing when needed, have beaten the market. It also provides enough information to adjust your risk as your age and goals change through life. It may be basic information for someone with a business education, but it has been a sensable, no nonsense, no guessing approach for me. Especially after losing money listening to the experts with the business educations.

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Summary: A Must Read for My Clients
Review: I'm an investment advisor and I regularly give this book to clients and prospects. I have more than a dozen copies on my bookshelf. After reading this book, I'm not sure how investors can still believe in active investment management. But, Larry doesn't just debunk all of the investment noise and junk. He provides readers with the tools to build long-term, winning investment strategies.

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Summary: If only we could all age so well
Review: This new edition of this book retains the elegant readability of the original, plus it includes new data and reflections on more recent market events. It was interesting to revisit, to realize that the same insights Larry Swedroe described when his book was originally published in 1998 have remained every bit as applicable today, demonstrating the strength of the approach. Whether you've read it the first time or not, it's definitely worth taking a look at today.

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Summary: Winning Investment Strategy
Review: Winning Investment Strategy is a very good book. I learned how the principles of Modern Portfolio Theory are applied through the Five Factor Model into actual passive index portfolios.I better appreciated how an Investment Policy Statement,rebalancing and Monte Carlo Analyses allow an investor to take ownership of their assets' growth and to control one's urge to make impulsive changes that may hurt returns. I am glad the book included a chapter on commodities. Several charts were helpful to me and I copied them for quick reference. These included one that dealt with an asset allocation model that offered the best return with the least risk, as well as charts that assist in determining one's need, willingness,and ability to take risk. No special math or financial skills are required to understand this book just a willingness to read carefully. The glossary too is very helpful.