The Incredible Shrinking Alpha 2nd edition: How to be a successful investor without picking winners by Swedroe, Larry
The Incredible Shrinking Alpha 2nd edition: How to be a successful investor without picking winners by Swedroe, Larry

The Incredible Shrinking Alpha 2nd edition: How to be a successful investor without picking winners

Active managers persistently lag the returns of benchmarks and index funds that track them, with the excuses...
€33,20 EUR
€33,20 EUR
SKU: 9780857198242
Product Type: Books
Please hurry! Only 0 left in stock
Author: Larry Swedroe
Format: Paperback
Language: English
Subtotal: €33,20
10 customers are viewing this product
The Incredible Shrinking Alpha 2nd edition: How to be a successful investor without picking winners by Swedroe, Larry

The Incredible Shrinking Alpha 2nd edition: How to be a successful investor without picking winners

€33,20
The Incredible Shrinking Alpha 2nd edition: How to be a successful investor without picking winners by Swedroe, Larry

The Incredible Shrinking Alpha 2nd edition: How to be a successful investor without picking winners

€33,20
Author: Larry Swedroe
Format: Paperback
Language: English
Description

Active managers persistently lag the returns of benchmarks and index funds that track them, with the excuses for underperformance recycled every year. This comprehensive book is the antidote for the active managers' siren song. If you understand the benefits of indexing, or systematic investing, it will reinforce your commitment while increasing your knowledge.

If you don't yet believe, Swedroe and Berkin provide a compelling case that you're playing the loser's game of active management. Alpha, or outperformance against appropriate risk-adjusted benchmarks, is shrinking as it gets converted into beta, or factor exposures. They demonstrate that even for the most talented managers, their ability to add value is waning because: the amount of alpha available is declining; it must be split among an increasing amount of investment dollars; and the competition is getting tougher.

In this greatly expanded second edition, Swedroe and Berkin show you how to develop an investment plan that focuses on what risks to take, and how much of them, as well as how to build a diversified portfolio. They present a list of vehicles to consider when implementing your plan and provide guidance on the care and maintenance of your portfolio. As a bonus they add appendices that will make you a more informed and, therefore, better investor.



Author: Larry Swedroe, Andrew Berkin
Publisher: Harriman House
Published: 08/25/2020
Pages: 220
Binding Type: Paperback
Weight: 0.50lbs
Size: 8.40h x 5.60w x 0.60d
ISBN: 9780857198242

About the Author
Swedroe, Larry E.: - Larry E. Swedroe is the chief research officer for Buckingham Strategic Wealth and Buckingham Strategic Partners. Larry holds an MBA in finance and investments from New York University and a bachelor's degree in finance from Baruch College. Larry was among the first authors to publish a book that explained the science of investing in layman's terms, The Only Guide to a Winning Investment Strategy You'll Ever Need. He has since authored nine more books and co-authored seven books on investing and financial planning. His books have been published in seven languages.Berkin, Andrew L.: - Andrew L. Berkin, Ph.D., is head of research and oversees the development and implementation of Bridgeway's statistically driven, evidence-based efforts. Andrew joined Bridgeway in 2013. Prior to joining Bridgeway, Andrew was co-chief investment officer and director of research for Vericimetry Advisors and director of the quantitative research group at First Quadrant. Andrew has published articles in peer reviewed journals and co-authored two books. He is a reviewer for and served on the editorial board of the Financial Analysts Journal. Andrew earned his Bachelor of Science with honors in physics from the California Institute of Technology and a Doctor of Philosophy in physics from the University of Texas.

This title is not returnable
Shipping & Return

Returns Policy

You may return most new, unopened items within 30 days of delivery for a full refund. We'll also pay the return shipping costs if the return is a result of our error (you received an incorrect or defective item, etc.).

You should expect to receive your refund within four weeks of giving your package to the return shipper, however, in many cases you will receive a refund more quickly. This time period includes the transit time for us to receive your return from the shipper (5 to 10 business days), the time it takes us to process your return once we receive it (3 to 5 business days), and the time it takes your bank to process our refund request (5 to 10 business days).

If you need to return an item, simply login to your account, view the order using the "Complete Orders" link under the My Account menu and click the Return Item(s) button. We'll notify you via e-mail of your refund once we've received and processed the returned item.

Shipping

We can ship to virtually any address in the world. Note that there are restrictions on some products, and some products cannot be shipped to international destinations.

When you place an order, we will estimate shipping and delivery dates for you based on the availability of your items and the shipping options you choose. Depending on the shipping provider you choose, shipping date estimates may appear on the shipping quotes page.

Please also note that the shipping rates for many items we sell are weight-based. The weight of any such item can be found on its detail page. To reflect the policies of the shipping companies we use, all weights will be rounded up to the next full pound.

Review

Related Products

Example product title
€33,20 EUR
€33,20 EUR
Example product title
€33,20 EUR
€33,20 EUR
Example product title
€33,20 EUR
€33,20 EUR
Example product title
€33,20 EUR
€33,20 EUR
Example product title
€33,20 EUR
€33,20 EUR
Example product title
€33,20 EUR
€33,20 EUR
Example product title
€33,20 EUR
€33,20 EUR
Example product title
€33,20 EUR
€33,20 EUR
Example product title
€33,20 EUR
€33,20 EUR
Example product title
€33,20 EUR
€33,20 EUR

Recently Viewed Products