The Incredible Shrinking Alpha 2nd Edition - Bookswagon UAE
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The Incredible Shrinking Alpha 2nd Edition

The Incredible Shrinking Alpha 2nd Edition


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About the Book

Active managers persistently lag the returns of benchmarks and index funds that track them, with the excuses for underperformance recycled every year. This comprehensive book is the antidote for the active managers' siren song. If you understand the benefits of indexing, or systematic investing, it will reinforce your commitment while increasing your knowledge.

If you don't yet believe, Swedroe and Berkin provide a compelling case that you're playing the loser's game of active management. Alpha, or outperformance against appropriate risk-adjusted benchmarks, is shrinking as it gets converted into beta, or factor exposures. They demonstrate that even for the most talented managers, their ability to add value is waning because: the amount of alpha available is declining; it must be split among an increasing amount of investment dollars; and the competition is getting tougher.

In this greatly expanded second edition, Swedroe and Berkin show you how to develop an investment plan that focuses on what risks to take, and how much of them, as well as how to build a diversified portfolio. They present a list of vehicles to consider when implementing your plan and provide guidance on the care and maintenance of your portfolio. As a bonus they add appendices that will make you a more informed and, therefore, better investor.


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Product Details
  • ISBN-13: 9780857198242
  • Publisher: Harriman House
  • Publisher Imprint: Harriman House
  • Height: 213 mm
  • No of Pages: 222
  • Spine Width: 15 mm
  • Weight: 277 gr
  • ISBN-10: 0857198246
  • Publisher Date: 25 Aug 2020
  • Binding: Paperback
  • Language: English
  • Returnable: Y
  • Sub Title: How to Be a Successful Investor Without Picking Winners
  • Width: 142 mm


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    BoxerLover2 - 5 Days ago
    A Thrilling But Totally Believable Murder Mystery

    Read this in one evening. I had planned to do other things with my day, but it was impossible to put down. Every time I tried, I was drawn back to it in less than 5 minutes. I sobbed my eyes out the entire last 100 pages. Highly recommend!


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