Can I read Unconventional Success : a Fundamental Approach to Personal Investment on EtoBox?

Unconventional Success : a Fundamental Approach to Personal Investment by Swensen, David F., 1954- is a business book available to read on EtoBox.

What is Unconventional Success : a Fundamental Approach to Personal Investment about?

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 charges. Even if investors manage to emerge unscathed from an encounter with the profit-seeking mutual fund industry, individuals face the likelihood of self-inflicted pain. The common practice of selling losers and buying winners (and doing both too often) damages portfolio returns and increases tax liabilities, delivering a one-two punch to investor aspirations. In short: Nearly insurmountable hurdles confront ordinary inv

Who reads Unconventional Success : a Fundamental Approach to Personal Investment?

Author

Swensen, David F., 1954-

Publisher

Free Press, ©2005.

Published

2005

Language

EN

ISBN

9780743228381

Category

business

Subjects

Finance, Management, Economics

Rating

3.94 / 5 (698 ratings)

Updated

2026-03-13