{"product_id":"the-index-revolution-why-investors-should-join-it-now-hardback-9781119313076","title":"The Index Revolution; Why Investors Should Join It Now (Hardback) 9781119313076","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eThe Index Revolution\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eWhy Investors Should Join It Now\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eCharles D. Ellis (Author), Burton G. Malkiel (Foreword by)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781119313076, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 15 November 2016\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e240 pages\u003cbr\u003e17.8 x 13.5 x 2.5 cm, 0.272 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e\u003cp\u003e\"... one of the best investment books I have ever read and is likely to be influential.\"??(\u003cem\u003eAll About DC,\u003c\/em\u003e March 2017)\u003c\/p\u003e\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003e\u003cb\u003eThe evidence-based approach to a more worthwhile portfolio\u003c\/b\u003e \u003cp\u003e\u003ci\u003eThe Index Revolution\u003c\/i\u003e argues that active investing is a loser's game, and that a passive approach is more profitable in today's market. By adjusting your portfolio asset weights to match a performance index, you consistently earn higher rates of returns and come out on top in the long run. This book explains why, and describes how individual investors can take advantage of indexing to make their portfolio stronger and more profitable. By indexing investment operations at a very low cost, and trusting that active professionals have set securities prices as correctly as possible, you will achieve better long-term results than those who look down on passive approaches while following outdated advice that no longer works. \u003c\/p\u003e\n\u003cp\u003e\"Beating the market\" is much harder than it used to be, and investors who continue to approach the market with that mindset populate the rolls of market losers time and time again. This book explains why indexing is the preferred approach in the current investment climate, and destroys the popular perception of passive investing as a weak market strategy. \u003c\/p\u003e\n\u003cul\u003e \u003cli\u003eStructure your portfolio to perform better over the long term\u003c\/li\u003e \u003cli\u003eTrust in the pricing and earn higher rates of return\u003c\/li\u003e \u003cli\u003eLearn why a passive approach is more consistent and worthwhile\u003c\/li\u003e \u003cli\u003eIgnore overblown, outdated advice that is doomed to disappoint\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eAll great investors share a common secret to success: rational decision-making based on objective information. \u003ci\u003eThe Index Revolution\u003c\/i\u003e shows you a more rational approach to the market for a more profitable portfolio.\u003c\/p\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eForeword vii \u003cp\u003eIntroduction xvii\u003c\/p\u003e \u003cp\u003eAcknowledgments xxxvii\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart One Over 50 Years of Learning to Index 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1 My Half-Century Odyssey 3\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Two The 10 Good Reasons to Index 73\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e2 The Stock Markets of the World Have Changed Extraordinarily 75\u003c\/p\u003e \u003cp\u003e3 Indexing Outperforms Active Investing 83\u003c\/p\u003e \u003cp\u003e4 Low Fees Are an Important Reason to Index 97\u003c\/p\u003e \u003cp\u003e5 Indexing Makes It Much Easier to Focus on Your Most Important Investment Decisions 125\u003c\/p\u003e \u003cp\u003e6 Your Taxes Are Lower When You Index 147\u003c\/p\u003e \u003cp\u003e7 Indexing Saves Operational Costs 151\u003c\/p\u003e \u003cp\u003e8 Indexing Makes Most Investment Risks Easier to Live With 153\u003c\/p\u003e \u003cp\u003e9 Indexing Avoids “Manager Risk” 157\u003c\/p\u003e \u003cp\u003e10 Indexing Helps You Avoid Costly Troubles with Mr. Market 161\u003c\/p\u003e \u003cp\u003e11 You Have Much Better Things to Do with Your Time 169\u003c\/p\u003e \u003cp\u003e12 Experts Agree Most Investors Should Index 171\u003c\/p\u003e \u003cp\u003eAppendix A: How About “Smart Beta”? 177\u003c\/p\u003e \u003cp\u003eAppendix B: How to Get Started with Indexing 185\u003c\/p\u003e \u003cp\u003eAppendix C: How Index Funds Are Managed 193\u003c\/p\u003e \u003cp\u003eAbout the Author 197\u003c\/p\u003e \u003cp\u003eIndex 199\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Finance \u0026amp; accounting [\u003ca title=\"See our other books on Finance \u0026amp; accounting\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20\u0026amp;%20accounting%20%5BKF%5D%22\"\u003eKF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52511408324888,"sku":"9781119313076","price":15.56,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9781119313076_11934.jpg?v=1786599535","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/the-index-revolution-why-investors-should-join-it-now-hardback-9781119313076","provider":"Freshly Printed Books","version":"1.0","type":"link"}