The Case for Active Portfolio Management in Dangerous Markets
Patience May Be A Virtue, But It Isn't An Investment Strategy. The current academic and financial planning definitions of "risk" are changing at light speed, but the notion of what constitutes "risky" investment strategy for informed investors is still stuck in the dark ages. Wealth management expert Kenneth Solow takes a fresh look at the investment industry's reliance on Buy-and-Hold investing, exposing the flaws and potential dangers of this investment approach in secular bear markets. Patiently waiting for stocks to deliver historical average returns does not rise to the level of an investment strategy, according to Solow, who recommends a different approach called Tactical Asset Allocation. A provocative and thoughtful critique of the current state of the money management industry, Buy and Hold is Dead (AGAIN) is an invaluable investment guide for our financially challenging times.
How to download book
Buy this book
You can buy this book now only for $8.69. This is the lowest price for this book.
Download book free
If you want to download this book for free, please register, approve your account and get one book for free.
After that you may download book «Buy and Hold Is Dead (Again)»: