Investment Mistakes Even Smart Investors Make and How to Avoid Them

EVERYONE MAKES MISTAKES. THIS BOOK SHOWS YOU HOW TO MAKE MONEY. swedroe and balaban show you how to avoid being your own worst enemy and how to win the investment game by not losing. burton g. malkiel, author of A Random Walk Down Wall Street sure, weve all made mistakes, and they can be pretty expensive, even the first time. this wonderful volume will pay for itself a thousand times over. william bernstein, author of A Splendid Exchange and the investors manifesto in his new book, larry swedroeamericas preeminent writer on passive investingshows you how to recognize your mistakes and, more importantly, how to avoid future mistakes to secure a worry-free financial future. this book will prove to be a classic blueprint on sidestepping the blunders made by even the smartest of investors. bill schultheis, author of The New Coffeehouse Investor this is a book that does not belong on your bookshelf; it belongs in your hands. buy it, read it (and its fun reading), and prosper. harold evensky, president, evensky & katz wealth management swedroes tour through the world of money and psychology is a trip every investor should take. gary belsky, coauthor, Why Smart People Make Big Money Mistakes...And How to Correct Them With a Foreword by Meir Statman, author of award-winning what investors really want even the most experienced investors in the world can screw upand dont let anyone tell you otherwise. whether youre an old pro with a well-designed portfolio or a newbie investor just starting out, bestselling author larry swedroe with rc balaban can show you how to live and learn from others mistakesand invest in good times and bad. by answering the key questions every investor should ask, youll learn how to avoid: Mistake #1: Feeling too confident in your investing skills mistake #6: Allowing yourself to be swayed by popular opinion mistake #11: Holding on to assets because of the price you paid mistake #15: Letting friendships influence your choice of advisors mistake #31: Expecting miracles from hedge fund managers mistake #48: Confusing speculation with investing mistake #60: Underestimating the number of stocks you need to diversify mistake #71: Forgetting that you can be too conservative mistake #77: Repeating the same mistake be warned: this groundbreaking guide will shatter the myths about money youve come to accept and challenge the conventional wisdom youve received from friends, advisors, and other experts. by exposing these all-too-common mistakes, one by one, youll be able to rethink your strategy and reinvest in your future with confidence. youll discover the truth about misleading demographics, high-return investments, active managers, and o...