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  What Wall Street Doesn't Want You to Know - Larry Swedroe
 

What Wall Street Doesn't Want You to Know

 

By Larry Swedroe

 

  • Paperback: 400 pages
  • Publisher: St. Martin's Griffin (October 21, 2004)
  • Language: English
  • ISBN-10: 0312335725
  • ISBN-13: 978-0312335724

Why do so many actively managed funds under-perform? Why do passively managed funds provide superior returns, especially after taxes? What are the true interests of fund managers and the financial press? Most important, what strategy is in your best interest?

What Wall Street Doesn't Want You to Know answers all these questions and more, giving you the inside information you need to become a successful investor who plays the winner's game-creating wealth-instead of the loser's game Wall Street wants you to play, of trying to pick stocks and time the market. Larry Swedroe explains why active managers have rarely been able to add value to your portfolio over time. He dispenses with traditional Wall Street wisdom and experts and shows you how to invest the way really smart money invests.

Review
"This wonderfully iconoclastic book drums home the message that beating the stock market is a loser's game."

— John C. Bogle, founder, The Vanguard Group

About the Author

Larry Swedroe is a principal and the director of research for Buckingham Asset Management, which manages more than $1.9 billion. He is the author of several books, including The Only Guide to Alternative Investments You'll Ever Need and Wise Investing Made Simple. He received his MBA in finance from New York University.



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