eBooks that do not fit in any of the other categories
Oct 7th, 2020, 1:03 pm
The Conceptual Foundations of Investing: A Short Book of Need-to-Know Essentials by Bradford Cornell, Andrew Cornell, Shaun Cornell
Requirements: .ePUB reader, 2.5 MB
Overview: The need-to-know essentials of investing

This book explains the conceptual foundations of investing to improve investor performance. There are a host of investment mistakes that can be avoided by such an understanding. One example involves the trade-off between risk and return. The trade-off seems to imply that if you bear more risk you will have higher long-run average returns. That conclusion is false. It is possible to bear a great deal of risk and get no benefit in terms of higher average return.

Understanding the conceptual foundations of finance makes it clear why this is so and, thereby, helps an investor avoid bearing uncompensated risks. Another choice every investor has to make is between active versus passive investing. Making that choice wisely requires understanding the conceptual foundations of investing.
Genre: Non-Fiction > General

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Oct 7th, 2020, 1:03 pm