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Books : The Four Pillars of Investing: Lessons for Building a Winning Portfolio

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Binding: Hardcover
Dewey Decimal Number: 332.6
EAN: 9780071385299
ISBN: 0071385290
Label: McGraw-Hill
Manufacturer: McGraw-Hill
Number Of Items: 1
Number Of Pages: 240
Publication Date: April 26, 2002
Publisher: McGraw-Hill
Sales Rank: 7793
Studio: McGraw-Hill




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Editorial Review:

Product Description:
Sound, sensible advice from a hero to frustrated investors everywhere

William Bernstein's The Four Pillars of Investing gives investors the tools they need to construct top-returning portfolios­­without the help of a financial adviser. In a relaxed, nonthreatening style, Dr. Bernstein provides a distinctive blend of market history, investing theory, and behavioral finance, one designed to help every investor become more self-sufficient and make betterinformed investment decisions. The 4 Pillars of Investing explains how any investor can build a solid foundation for investing by focusing on four essential lessons, each building upon the other. Containing all of the tools needed to achieve investing success, without the help of a financial advisor, it presents:
  • Practical investing advice based on fascinating history lessons from the market
  • Exercises to determine risk tolerance as an investor
  • An easy-to-understand explanation of risk and reward in the capital markets




Customer Reviews
Average Rating:  out of 5 stars

Rating: 5 out of 5 stars - Fantastic Read
This is an excellent read for every investor, especially with the current economic climate. Great stuff!

Joshua P. Itzoe, Author of Fixing the 401(k): What Fiduciaries Must Know (And Do) to Help Employees Retire Successfully



Rating: 5 out of 5 stars - great book
Excellent book about history and current investing. Would recommend it to anyone. If you do not know if you are speculating, read this



Rating: 5 out of 5 stars - Perfect, Couldn't be happier
Book was shipped fast, and came in great condition. Couldn't ask for anything more



Rating: 5 out of 5 stars - A Must Read for Your Library
William Bernstein has written another must read for the individual investor who wants to chart his own course in the investment world. I was first introduced to this book at a local AAII chapter meeting. Everyone there who had read this book highly recommended it. I suggest reading this book before reading "The Intelligent Asset Allocator" also by the author.Both are excellent books on investing and well worth the time and money spent.



Rating: 5 out of 5 stars - Essential guide for investors
In the introduction to his book, "The Four Pillars of Investing: Lessons for Building a Winning Portfolio," Dr. William Bernstein states that the "competent investor never stops learning." Yet, because the world of investing can be such a confusing place, it sometimes seems that the more you learn, the more confused you get. As a participant on the Bogleheads message board, I feel I am an educated investor but still I often get lost after reading all the different debates: Should I invest in total ... Read More



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Disclaimer: Futures, forex, stock, and options trading is not appropriate for everyone. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using these methodologies or systems will generate profits or ensure freedom from losses.

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