William Bernstein is one of today's most unlikely financial heroes. A practicing neurologist, he used his self-taught investment knowledge and research to build a popular investor's Web site. Now, in the plain-spoken The Intelligent Asset Allocator, he shows independent investors how to build a diversified portfolio without the help of a financial advisor. A breath of fresh air for investors tired of overly technical investment tomes, this book will help investors:
©2001 McGraw-Hill; (P)2004 AMI
Dr. Bernstein does a great job summarizing the passive investor's approach to asset allocation. This is a valuable book, whether you are a novice to investing, or want to hear the fine details about every asset class and the Gordon equation....I can't wait for the next edition of this book.
There is some over lapping of materials but that for some this allows for a good refresher. Definately not a one time read, but bite size portions are unquestionately worth it.
Liked this book as a high-level treatment of asset allocation concepts. Read to grasp the fundamentals of developing a portfolio of investments and the factors that underpin the portfolio's return behavior. Light-hearted and easy to follow.
Good information that helps you determine where you should allocate your assets based on your needs.
Worth the credit or price.
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