Are you underwhelmed with the way your traditional 60/40 portfolio has been performing lately and wondering why? Do you suspect there might be better ways to invest your money, but aren't sure what they are? What about all those "alternative" investments you keep hearing so much about in the media, such as commodities, real estate, emerging market funds, and, of course, that darling of pirates, Medieval monarchs, and radio talk-show hosts everywhere: gold? And how about the legion of new financial products Wall Street keeps spawning like kudzuexotic creatures with strange-sounding names like "replicants," "100/30s," and "buy/write" funds? How do they work, and do any of them make sense for you?
The Little Book of Alternative Investments gives you complete, detailed answers to all those questionsand a whole lot more. Like a pair of trusty native guides, bestselling investment authors Ben Stein and Phil DeMuth clear a path through the alternative investments jungle. They identify the flora and fauna, stopping along the way to tell you which ones are safe to consume and which ones will consume you, if given half a chance. And they explain in plain English, not Wall Street Swahili, how each product or class of products works (or doesn't work), and how each can be used to help you reduce risk and boost returns.
Just as important, if not more so, Ben and Phil arm you with proven portfolio management strategies that take full advantage of the best of the best alternative products out there. No matter what your budget, level of experience, or tolerance for risk, you'll discover how to use everything from REITs and futures to hedge funds and hedge fund-like mutual funds to shield your money from the bubble-and-bust, hurly-burly of the markets and come out ahead, in all economic climates.
Making the technical simple, the arcane accessible, and the dry laugh-out-loud funny, The Little Book of Alternative Investments is your guide to taming the alternative investments jungle and cultivating an investment portfolio that consistently delivers better-than-market risk-adjusted performance.
They also give you their picks for accessible ETN's and ETF's to construct your alternative portfolio.
Fortunately, authors Ben Stein and Phil DeMuth come to the rescue with their latest collaboration titled "The Little Book of Alternative Investments."
If it was all easy you would already know it and learning this stuff will make you smarter than any talking head on CNBC.
Another great little book. These 2 guys do fantastic explaining and writing in a very fun way. They say brains are sexy and I do agree. FYI this book contains no frontal nudity. Read morePublished 2 months ago by lance ramrod
I found this book to be mostly collection of pretty common advice. The unusual part about hedge funds merely said that lots of people are making money this way, so you should have... Read morePublished 2 months ago by Samuel Clemens
I liked how easy it was to read and gave great information. I am following some of their strategies. They have written se good books.Published 4 months ago by Bryan B.
This book gives a good explanation for allocating investments, like a 401k, based on total risk, rather than just on rule-of-thumb stock to bond ratios. Read morePublished 14 months ago by Tony Rose
Although... I can save you time from reading the book -- none of them are really worth it for you :)Published 14 months ago by Reading by Accident
For those wanting a peek behind the curtain of Hedge Funds with a great fundamental lesson in your Portfolio management, I loved it.Published 22 months ago by JS