By turns technical, analytical and anecdotal, Ben Warwick’s expert investment guide takes you on a whirlwind tour of modern investment theory and practice. Accessible enough to reward dabblers in the field, this book at the same time raises serious issues and attempts to, if not explain them completely, at least point you down the path to financial enlightenment. Abstract or downright abstruse concepts are generously illuminated by side trips into the worlds of one-armed oil wildcatters, Beethoven, Dom Perignon and the mathematician who managed to stop Napoleon’s invading armies. getabstract recommends this book as one of the finest overviews of financial theory, technique and practice ever to grace our library’s shelves.
In this summary, you will learn
- Why it’s almost impossible to forecast the market;
- Why investors should be as concerned with risk as with return; and
- Why it’s not reasonable to expect to outperform the market.
About the Author
Ben Warwick is a principal of The Bornhoft Investment Group, a registered investment advisor specializing in alternative investments, and of Warwick Capital Management, a quantitative trading firm. He holds his B.S. in Chemical Engineering from the University of Florida and an M.B.A. from the University of North Carolina, and has authored three previous books on finance and investing. A resident of Denver, Colorado, he is the Market View columnist for worldyinvestor.com, a financial Web site.
Comment on this summary
Customers who read this summary also read
G. Andrew Karolyi
Oxford UP, 2015
Benjamin Graham and David Dodd
Helaine Olen and Harold Pollack
Columbia UP, 2017