Unconventional Success: A Fundamental Approach to Personal Investment For Kindle
- 5 years ago
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HardCover. Pub Date :2005-08-09 Pages: 352 Language: English Publisher: Simon Schuster Books for Young Readers 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. Swensen offers incontrovertible evidence that the for-profit mutual-fund industry consistently fails the average investor. From excessive management fees to the frequent churning of portfolios. the relentless pursuit of profits by mutual-fund management companies harms individual clients. 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 cha...
HardCover. Pub Date :2005-08-09 Pages: 352 Language: English Publisher: Simon Schuster Books for Young Readers 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. Swensen offers incontrovertible evidence that the for-profit mutual-fund industry consistently fails the average investor. From excessive management fees to the frequent churning of portfolios. the relentless pursuit of profits by mutual-fund management companies harms individual clients. 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 cha...