Book description
"The Ages of the Investor: A Critical Look at Life-cycle Investing" is intended to be the first installment in the "Investing for Adults" series. Just as grown-ups do not believe in the Tooth Fairy, the Easter Bunny, or Santa Claus, “Investing adults” know that there is no such creature as…
- Coming soon!
Why read it?
1 author picked The Ages of the Investor as one of their favorite books. Why do they recommend it?
Recently retired, I re-read this series and felt insights I had the first time I read these. What are the many kinds of investment risks? Most people think of the risk of losing their money. William Bernstein dissects this simple view into many different shades of risk and astutely discusses that not all risks are of equal possibility. So while some may worry about a certain risk, they should also consider how possible that event to create the risk may be. Yes, markets go up and down all the time. But, that is not risk! The risk comes from how…
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