[Download ebook] Buy and Hold is Still Dead (Again): The Case for Active Portfolio Management in Dangerous Markets






 | #1786732 in eBooks |  2016-01-26 |  2016-01-26 | File Name: B019CCJMGY


||0 of 0 people found the following review helpful.| Essential reading|By NBO|I've now read both the first "edition" and this newer edition. For those who read the first edition, I couldn't say there was a huge difference. This newer book is updated a bit but the basic message is pretty much the same. Solow makes the compelling argument that blindly following modern portfolio strategies is a gamble of potentially immense prop| |“Solow’s one-two punch book delivers a compelling account that the old conventional wisdom of buy-and-hold should be a relic of history. The modern understanding of secular stock market cycles drives his compelling knockout that active portfolio m

The current academic and financial planning industry definitions of “risk” are changing quickly, but the notion of what constitutes a risky investment strategy is still stuck in the Dark Ages. Wealth management expert Kenneth Solow takes a fresh look at the investment industry’s reliance on Buy and Hold investing, exposing the flaws and potential dangers of this strategy during long-term bear markets. The fact is, patiently waiting for stocks to delive...


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