The investor's manifesto Preparing for prosperity, Armageddon, and everything in between

William J. Bernstein

Book - 2009

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Subjects
Published
Hoboken, N.J. : Wiley 2009.
Language
English
Main Author
William J. Bernstein (-)
Physical Description
xxii, 201 p. : ill. ; 23 cm
Bibliography
Includes bibliographical references and index.
ISBN
9780470505144
  • Foreword
  • Preface
  • Chapter 1. A Brief History of Financial Time
  • In the Beginning
  • Near-Death in Venice
  • The Incredible Shrinking Risk Premium
  • Summary
  • Chapter 2. The Nature of the Beast
  • Of Ravens and Returns
  • History versus Math
  • Mr. Gordon's Curious Equation
  • Math Detail: The Discounted Dividend Model
  • Home Sweet Home?
  • Adventures in Equity
  • Math Detail: Risk
  • Throwing Dice with God
  • Gene Fama Looks for Angles and Finds None
  • Sandbagged by a Superstar
  • Jack Bogle Outfoxes the Suits
  • It Is Better to Be Lucky Than Smart
  • Bond Funds: A Flatter Playing Field
  • Summary
  • Chapter 3. The Nature of the Portfolio
  • Four Essential Preliminaries
  • The Asset Allocation Two-Step
  • Math Detail: Mean-Variance Analysis
  • With Luck, Zigs, and Zags
  • Chasing Rainbows
  • Summary
  • Chapter 4. The Enemy in the Mirror
  • Inner Demons
  • Behaving Badly
  • Bargain-Basement Psychotherapy
  • Summary
  • Chapter 5. Muggers and Worse
  • The World's Largest Bad Neighborhood
  • The Fund Funhouse
  • Summary
  • Chapter 6. Building Your Portfolio
  • Financial Planning for a Lifetime: The Basics
  • Saving for Retirement: Nuts and Bolts
  • How to Save: Dollar Cost Averaging and Value Averaging
  • Four Investors, Four Plans
  • The Rebalancing Question
  • Math Detail: Rebalancing, Momentum, and Mean Reversion
  • Teach Your Children Well
  • Summary
  • Chapter 7. The Name of the Game
  • Investment Theory and History: The Short Course
  • The Portfolio Theory of Everything
  • We Have Met the Enemy, and He Is Us
  • Heads I Win, Tails You Lose
  • Fire When Ready
  • The Books You Need...Aged Like Fine Wine
  • Notes
  • Acknowledgments
  • About the Author
  • Index