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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Successful Investing Is a Process

Successful Investing Is a Process

Hardcover

Investing & Finance

Publisher Price: $95.00

ISBN10: 1118459903
ISBN13: 9781118459904
Publisher: Bloomberg Press
Published: Dec 17 2012
Pages: 384
Weight: 1.95
Height: 1.30 Width: 7.20 Depth: 10.00
Language: English
A process-driven approach to investment management that lets you achieve the same high gains as the most successful portfolio managers, but at half the cost

What do you pay for when you hire a portfolio manager? Is it his or her unique experience and expertise, a set of specialized analytical skills possessed by only a few? The truth, according to industry insider Jacques Lussier, is that, despite their often grandiose claims, most successful investment managers, themselves, can't properly explain their successes. In this book Lussier argues convincingly that most of the gains achieved by professional portfolio managers can be accounted for not by special knowledge or arcane analytical methodologies, but proper portfolio management processes whether they are aware of this or not. More importantly, Lussier lays out a formal process-oriented approach proven to consistently garner most of the excess gains generated by traditional analysis-intensive approaches, but at a fraction of the cost since it could be fully implemented internally.

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Investing & Finance