![]() ![]() There are 2 camps of stock fund investors: those who slice and dice the market and those who hold the total market. I agreed with Bernstein in almost all areas, with the exception of tilting or overweighting market sectors. ![]() All this background information ensures that your investment decisions will be based on a wealth of data, rather than blindly following his recommendations. The book contains statistics, tables, graphs, analogies, examples, and theory in a decently proportioned mix my eyes never glazed over because of too many numbers. I can see why! Instead of immediately offering advice on how to invest, Bernstein takes a step back and makes sure you understand market theory, the history of the markets, the role of psychology in choosing investments, and the very real impact of expenses and the media's influence. An investment adviser and I were talking about the financial books we had read, and he highly recommended this book as the next on my list. ![]()
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