Jackass Investing: Don't do it. Profit from it.
| Author | : | |
| Rating | : | 4.50 (899 Votes) |
| Asin | : | 0983504016 |
| Format Type | : | paperback |
| Number of Pages | : | 284 Pages |
| Publish Date | : | 2016-05-26 |
| Language | : | English |
DESCRIPTION:
"Jackass Investing: Not for the small investor" according to Lowell. "Jackass Investing" came to my attention through a recommendation by the author, Michael Dever. Normally, such a title would cause me to pass over the book. After reading many of the above reviews (highly recommended) I decided to buy and read the book. It is sufficiently challenging that it merits not only reading, but additional study. I applaud the book (and author) in that it challenges the reader to rethink many investing truisms.When reading any type of investment book I want to come away with some suggestions I can put to use. Dever meets this standard with his "Composition of the Free Lunch Portfolio" at the end of the book. Exposes investment myths in a clear, common sense presentation In this informative, entertaining, and quick read, the author - Mike Dever, Founder, CEO & Director of Research of Brandywine Asset Management examines the misconceptions or "myths" of current investment theory and replaces it with what he describes as a "return driver" based methodology that results in both greater returns and lower risk.I read the entire book on a recent flight from San Diego to Chicago to attend a business meeting. I wasn't planning on finishing it in one sitting but once I started I couldn't put it down. It was well written, concise, and I thoroughly enjoyed it.A few weeks later I had the book with me again on . Especially Fine for Investment Luddites Grady Harp Michael Dever has hit so many nails on the head in this valuable and very readable JACKASS INVESTING that it will be snatched up by people who manage their own money with or without advisors. He offers common errors in investment strategies that are myths (20 of them to be precise) including such controversial topics such as 'Buy Low, Sell High', 'Stocks Provide an Intrinsic Return', 'Government Regulations Protect Investors', 'Commodity Trading is Risky', ''Trading is Gambling - Investing is safer', and so on - and for the informed reader this may sound like a list of Rule to Follow: wrong!What Dever does - and this is where the m
Read this book. --Futures MagazineI read the entire book on a recent flight. --NIBA Journal . The author clearly shows he knows what he's talking about and expresses his wisdom concisely. I highly recommend it to both new and experienced investors. It is very well written. Readers will find Dever's investment principles practical and compelling. Jackass Investing is one book that does both. Once I started I couldn't stop. There aren't too many books that are able to both introduce ground-breaking concepts, yet also provide specific strategies to use to exploit those concepts
It is extremely readable and includes entertaining and relevant references to popular culture - such as Criss Angel's magic, the rock band Rush and heavyweight boxing contender "Fast" Eddie Chambers - to help describe investment concepts in a truly approachable way. There is no other book like it that combines entertainment with financial education and a practical "how-to" guide. See actual portfolios you can use to produce greater returns with less risk than those that follow conventional financial wisdom. More than ten years in the making, and supported by the twin pillars of extensive research and more than 30 years of trading experience, this book finally lays to rest the traditional investme