Comments on: How To Invest http://danweinreb.org/blog/how-to-invest Software and Innovation Sun, 10 Jul 2011 14:13:09 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Dan Weinreb http://danweinreb.org/blog/how-to-invest/comment-page-1#comment-32851 Dan Weinreb Fri, 04 Sep 2009 10:40:42 +0000 http://danweinreb.org/blog/?p=171#comment-32851 My friend Paul Perry suggests these books: <ul> <li>William Bernstein, "The Intelligent Asset Allocator", Mc-Graw Hill, 2000.</li> <li>Ibbotson Associates, Stocks, Bonds, Bills, and Inflation 2004 Yearbook (Chicago: Ibbotson Associates, 2003): 28. (and 2008 )</li> <li>Jorion, Philippe and Goetzmann, William N.,A Century of Global Stock Markets, 1996. Yale School of Management Working Paper No. F-55.</li> <li>Brinson, Hood, and Beebower, Determinants of Portfolio Performance, Financial Analyst Journal 1986, 39-44.</li> <li>Brinson, Singer, and Beebower, Determinants of Portfolio Performance II: An Update , Financial Analyst Journal 1991, 40-48.</li> <li>Ibbotson, Kaplan Does Asset Allocation Policy Explain 40, 90, or 100 Percent of Performance? Financial Analysts Journal 2000, Vol. 56, No. 1: 26-33.</li> <li>Randolph L. Hood, Determinants of Portfolio Performance—20 Years Later Financial Analysts Journal 2005, Vol. 61, No. 5:6-8.</li> <li>Hensel, Ezra, and Ilkiw, The Importance of the Asset Allocation Decision, Financial Analysts Journal 1991, 65-72.</li> <li>Robert Arnott, Andrew Berkin, Jia Ye "How Well Have Taxable Investors Been Served in the 1980s and 1990s?" Journal of Porfolio Management, Summer 2000.</li> <li>Sharpe, William F., “The Arithmetic of Active Management” Financial Analysts Journal 47 (1): 7-9, 1991.</li> </ul> My friend Paul Perry suggests these books:

  • William Bernstein, “The Intelligent Asset Allocator”, Mc-Graw Hill, 2000.
  • Ibbotson Associates, Stocks, Bonds, Bills, and Inflation 2004 Yearbook (Chicago: Ibbotson Associates, 2003): 28. (and 2008 )
  • Jorion, Philippe and Goetzmann, William N.,A Century of Global Stock Markets, 1996. Yale School of Management Working Paper No. F-55.
  • Brinson, Hood, and Beebower, Determinants of Portfolio Performance, Financial Analyst Journal 1986, 39-44.
  • Brinson, Singer, and Beebower, Determinants of Portfolio Performance II: An Update , Financial Analyst Journal 1991, 40-48.
  • Ibbotson, Kaplan Does Asset Allocation Policy Explain 40, 90, or 100 Percent of Performance? Financial Analysts Journal 2000, Vol. 56, No. 1: 26-33.
  • Randolph L. Hood, Determinants of Portfolio Performance—20 Years Later Financial Analysts Journal 2005, Vol. 61, No. 5:6-8.
  • Hensel, Ezra, and Ilkiw, The Importance of the Asset Allocation Decision, Financial Analysts Journal 1991, 65-72.
  • Robert Arnott, Andrew Berkin, Jia Ye “How Well Have Taxable Investors Been Served in the 1980s and 1990s?” Journal of Porfolio Management, Summer 2000.
  • Sharpe, William F., “The Arithmetic of Active Management” Financial Analysts Journal 47 (1): 7-9, 1991.
]]> By: Joel http://danweinreb.org/blog/how-to-invest/comment-page-1#comment-31425 Joel Thu, 30 Jul 2009 18:26:15 +0000 http://danweinreb.org/blog/?p=171#comment-31425 Although it doesn't cover personal investment I read "Naked Economics" by Charles Wheelan shortly after "a random walk ..." and found it very interesting. I believe some insight into economics overall is valuable for every personal investor. Although it doesn’t cover personal investment I read “Naked Economics” by Charles Wheelan shortly after “a random walk …” and found it very interesting. I believe some insight into economics overall is valuable for every personal investor.

]]> By: Jack Unrue http://danweinreb.org/blog/how-to-invest/comment-page-1#comment-30498 Jack Unrue Sat, 11 Jul 2009 23:28:16 +0000 http://danweinreb.org/blog/?p=171#comment-30498 Just a quick note that "The Intelligent Investor" has been republished a few times since the original publication; I've got the 2003 edition which I think is the most recent. I think another good book to read is "Fooled By Randomness" by Nicholas Taleb. It gives you some perspective on what is being "successful" vs being "lucky". Overall great list of books! Just a quick note that “The Intelligent Investor” has been republished a few times since the original publication; I’ve got the 2003 edition which I think is the most recent.

I think another good book to read is “Fooled By Randomness” by Nicholas Taleb. It gives you some perspective on what is being “successful” vs being “lucky”.

Overall great list of books!

]]> By: Ed http://danweinreb.org/blog/how-to-invest/comment-page-1#comment-30383 Ed Fri, 10 Jul 2009 02:34:40 +0000 http://danweinreb.org/blog/?p=171#comment-30383 Seconded. Two special notes: 1. Tobias is just a great writer. Even if you don't have 10 cents to invest, read the book for pure entertainment value, and to hold your own at cocktail parties. 2. Swenson's greatest feature is that he explains how the folks who run your investment in various vehicles may or may not have interests that align with yours. That's worth the slog. But if you don't want to slog, just note his main point: there are stocks, bonds, inflation-protected bonds, real estate and gold. Everything else is a sideshow. Don't waste time learning about xxyyzzy, it's just a composite of the Fab Five and you can compose a portfolio that fits you better than anyone else can. Seconded. Two special notes:
1. Tobias is just a great writer. Even if you don’t have 10 cents to invest, read the book for pure entertainment value, and to hold your own at cocktail parties.
2. Swenson’s greatest feature is that he explains how the folks who run your investment in various vehicles may or may not have interests that align with yours. That’s worth the slog. But if you don’t want to slog, just note his main point: there are stocks, bonds, inflation-protected bonds, real estate and gold. Everything else is a sideshow. Don’t waste time learning about xxyyzzy, it’s just a composite of the Fab Five and you can compose a portfolio that fits you better than anyone else can.

]]> By: Jules http://danweinreb.org/blog/how-to-invest/comment-page-1#comment-30359 Jules Thu, 09 Jul 2009 17:29:20 +0000 http://danweinreb.org/blog/?p=171#comment-30359 Dan, Anytime you cover a topic you cover it so well....so I expect this truly is the very best list of books on personal investing. Knowing you, there are 10 or 20 books you screened to come up with this short list. Thanks for doing all the work. Dan, Anytime you cover a topic you cover it so well….so I expect this truly is the very best list of books on personal investing. Knowing you, there are 10 or 20 books you screened to come up with this short list. Thanks for doing all the work.

]]> By: Corey http://danweinreb.org/blog/how-to-invest/comment-page-1#comment-30349 Corey Thu, 09 Jul 2009 13:37:40 +0000 http://danweinreb.org/blog/?p=171#comment-30349 Also check out "The Four Pillars Of Investing". It follows the random walk theories. William J. Bernstein is a great writer and was obviously influenced my Malkiel. Also check out “The Four Pillars Of Investing”. It follows the random walk theories.

William J. Bernstein is a great writer and was obviously influenced my Malkiel.

]]>