Book details

What Wall Street Doesn't Want You to Know

How You Can Build Real Wealth Investing in Index Funds

Author: Larry E. Swedroe

What Wall Street Doesn't Want You to Know

What Wall Street Doesn't Want You to Know

$27.99

About This Book

Why do so many actively managed funds underperform? Why do passively managed funds provide superior returns, especially after taxes? What are the true interests of fund managers and the financial...

Page Count
400
Genre
On Sale
10/21/2004

Book Details

Why do so many actively managed funds underperform? Why do passively managed funds provide superior returns, especially after taxes? What are the true interests of fund managers and the financial press? Most important, what strategy is in your best interest?

What Wall Street Doesn't Want You to Know answers all these questions and more, giving you the inside information you need to become a successful investor who plays the winner's game--creating wealth--instead of the loser's game Wall Street wants you to play, of trying to pick stocks and time the market. In his revolutionary new guide, investment professional Larry Swedroe explains why active managers have rarely been able to add value to your portfolio over time. He dispenses with traditional Wall Street wisdom and experts and shows you how to invest the way really smart money invests today.

What Wall Street Doesn't Want You to Know tells you exactly what Wall Street doesn't want you to know: how to avoid the pitfalls of short-term thinking and to invest so that you can create more wealth--much more wealth--over the long term.

Imprint Publisher

St. Martin's Griffin

ISBN

9780312335724

In The News

“This wonderfully iconoclastic book drums home the message that beating the stock market is a loser's game. Larry Swedroe's new book tilts-successfully-at the windmills of professional managers, Wall Street analysts, owing 'the best 100 companies' (or the best ten funds), hedge funds market timers, investment newsletters, and short-term strategies. Once you're convinced by the powerful case the author has made, he then offers seven steps to playing a winner's game. The diagnosis is right on the mark, and his essential prescription-rely on portfolio construction, index funds, broad diversification, minimal costs and taxes, risk control, and time-also comes close to the center of the target: the optimal accumulation of your financial wealth.” —John C. Bogle, founder and former chairman of The Vanguard Group

About the Creators

What Wall Street Doesn't Want You to Know

What Wall Street Doesn't Want You to Know

$27.99