Ebook: The New Rules for Investing Now: Smart Portfolios for the Next Fifteen Years
Author: James P. O'Shaughnessy
- Year: 2007
- Publisher: Portfolio Trade
- Language: English
- pdf
A unique and timely new wealth-building strategy from a legendary investment guru
When the dot-com bubble burst, many investors assumed that it was just another temporary setback for the mighty S&P 500, which had just enjoyed its best twenty-year real rate of return in over a century.
But James P. O’Shaughnessy, the bestselling author of What Works on Wall Street and How to Retire Rich, doesn’t trust assumptions; he does rigorous analysis. After digging into the long-term cyclical patterns of the last hundred years, he concluded that almost every "lesson" investors learned in the past twenty years no longer applies.
If you think you can protect your money by focusing on "safe" large-cap stocks and mutual funds, you’re in for a big disappointment. In the new cycle now under way, the stocks of small and midsize companies will consistently outperform the large-cap growth stocks of the S&P 500. Large company value stocks and intermediate term bonds will also do better than expected. The New Rules for Investing Now explains how the investment landscape has changed—and what you should do about it.
When the dot-com bubble burst, many investors assumed that it was just another temporary setback for the mighty S&P 500, which had just enjoyed its best twenty-year real rate of return in over a century.
But James P. O’Shaughnessy, the bestselling author of What Works on Wall Street and How to Retire Rich, doesn’t trust assumptions; he does rigorous analysis. After digging into the long-term cyclical patterns of the last hundred years, he concluded that almost every "lesson" investors learned in the past twenty years no longer applies.
If you think you can protect your money by focusing on "safe" large-cap stocks and mutual funds, you’re in for a big disappointment. In the new cycle now under way, the stocks of small and midsize companies will consistently outperform the large-cap growth stocks of the S&P 500. Large company value stocks and intermediate term bonds will also do better than expected. The New Rules for Investing Now explains how the investment landscape has changed—and what you should do about it.
Download the book The New Rules for Investing Now: Smart Portfolios for the Next Fifteen Years for free or read online
Continue reading on any device:
Last viewed books
Related books
{related-news}
Comments (0)