Unconventional Success: A Fundamental Approach to Personal Investment Swensen David F.Pevná vazba
Unconventional Success: A Fundamental Approach to Personal Investment Swensen David F.Pevná vazba The bestselling author of Pioneering Portfolio Management, the definitive template for institutional…
Specifikacia Unconventional Success: A Fundamental Approach to Personal Investment Swensen David F.Pevná vazba
Unconventional Success: A Fundamental Approach to Personal Investment Swensen David F.Pevná vazba
The bestselling author of Pioneering Portfolio Management, the definitive template for institutional fund management, returns with a book that shows individual investors how to manage their financial assets.In Unconventional Success, investment legend David F. From excessive management fees to the frequent churning of portfolios, the relentless pursuit of profits by mutual fund management companies harms individual clients. Swensen offers incontrovertible evidence that the for-profit mutual fund industry consistently fails the average investor.
Perhaps most destructive of all are the hidden schemes that limit investor choice and reduce returns, including pay-to-play product-placement fees, stale-price trading scams, soft-dollar kickbacks, and 12b-1 distribution charges.Even if investors manage to emerge unscathed from an encounter with the profit-seeking