A Wealth of Common Sense: Why Simplicity Trumps Complexity in Any Investment Plan (Bloomberg)

A Wealth of Common Sense: Why Simplicity Trumps Complexity in Any Investment Plan (Bloomberg)
Description
Drawing from his career in portfolio management during which he worked with complex and sophisticated portfolio strategies, Carlson reveals the secret of using basic common sense as you invest in the financial markets, effortlessly bridging the gap between sophistication and simplicity. . You can adapt to the changing market and economic landscape. A Wealth of Common Sense helps all investors make more informed decisions using sound thinking as a guiding framework to help alleviate some of the lasting damage from the market crash. This is a false premise that far too many both inside and outside of the industry have come to believe. F
this is a very good book to read For anyone interested in investing, and especially for the long term, this is a very good book to read. I have been investing for over thirty years and I wish I had a book like this when I started to invest. It is a very practical book with no get-rich-quick schemes. Rather the emphasis is on simplicity, planning and patience. Th. "One of the best wealth management books out there" according to Amazon Customer. One of the best wealth management books out there. Ben is a fantastic writer and hits many of the behavioral and cognitive aspects that affect investors. If you work in money management - read this book. If you do your own investing - read this book.. It is a must-read for those who wish to successfully Tharatorn Supasiti It is a must-read for those who wish to successfully invest their hard-earned living. Carlson provided a systematic way of structuring your investment to achieve your desired outcome, and warning against many common mistakes made by majority of investors.
A Wealth of Common Sense clears the air, and gives you the insight you need to become a smarter, more successful investor.. The financial market is a complex system, but that doesn't mean it requires a complex strategy; in fact, this false premise is the driving force behind many investors' market "mistakes." Information is important, but understanding and perspective are the keys to better decision-making. This book proves how complex strategies essentially waste these advantages, and provides an alternative game plan for those ready to simplify.Complexity is often used as a mechanism for talking investors into unnecessary purchases, when all most need is a deeper understanding of conventional options. Cut through the confusion and noise and focus on what actually matters. With
. He is also the creator and author of the blog A Wealth of Common Sense (awealthofcommonsense) and is a Yahoo! Finance Contributor. BEN CARLSON, CFA, has spent his career managing institutional portfolios for endowments, foundations, and pension plans