Read Asset Allocation: Balancing Financial Risk (McGraw-Hill Library of Investment & Finance) book reviews & author details and more at leondumoulin.nl
Table of contents
- Special offers and product promotions
- Asset Allocation: Balancing Financial Risk
- Asset Allocation: Balancing Financial Risk by Roger C. Gibson
- Customers who viewed this item also viewed
If you read just one book on investing, this is the book. Gibson explains the principals of modern portfolio theory in a clear logical fashion. See all 20 reviews.
Special offers and product promotions
Most recent customer reviews. Published on December 21, Published on October 1, Published on July 16, Published on July 11, Published on May 24, Published on January 27, Published on August 23, Published on December 30, Amazon Giveaway allows you to run promotional giveaways in order to create buzz, reward your audience, and attract new followers and customers. Learn more about Amazon Giveaway. Set up a giveaway. Customers who bought this item also bought. Ahead of the Curve: The Bogleheads' Guide to Investing. What other items do customers buy after viewing this item? Feedback If you need help or have a question for Customer Service, contact us.
Would you like to report poor quality or formatting in this book? Click here Would you like to report this content as inappropriate? Click here Do you believe that this item violates a copyright? There's a problem loading this menu right now. Get fast, free shipping with Amazon Prime. Your recently viewed items and featured recommendations. View or edit your browsing history. Get to Know Us. English Choose a language for shopping. Not Enabled Word Wise: Not Enabled Screen Reader: Enabled Amazon Best Sellers Rank: Would you like to report this content as inappropriate?
Do you believe that this item violates a copyright? Amazon Music Stream millions of songs. Amazon Drive Cloud storage from Amazon. Alexa Actionable Analytics for the Web. AmazonGlobal Ship Orders Internationally. Less concerned with how investments perform individually than how they perform as a group, it explains how to assemble a long-term portfolio that will actually outperform its parts - while minimizing overall risks - no matter what the market environment. Overriding principles of successful and low-pressure investing are relatively few, and easy to understand.
What becomes difficult is to stick to these principles, remind oneself that both bull and bear markets are historically inevitable, and design a long-term portfolio strategy that - once the day traders and market timers have pulled out to tally their defeats - provides day-to-day peace of mind and lifetime financial security.
This updated third edition remains today's most valuable resource for understanding and applying historically tested asset allocation principles, and designing an investment strategy that shifts the focus from short-term tips and blips to long-term needs and results. The president of Gibson Capital Management, a leading provider of money management services for high net worth individuals, he was named by both "Money" and "Worth" as one of America's top financial advisors.
News and World Report". Read more Read less.
Asset Allocation: Balancing Financial Risk
Special offers and product promotions Rs cashback on Rs or more for purchases made through Amazon Assistant. Offer period 1st September to 30th September. Cashback will be credited as Amazon Pay balance within 15 days from purchase. Here's how terms and conditions apply Go Cashless: Only on your first 2 cashless orders on Amazon. Offer period 4th Sep to 30th Sep. Cashback within 10 days. Offer valid only once per customer including mobile recharges and bill payments.
- Сведения о продавце;
- The Tides of Ones Heart;
- Evaluation for Risk of Violence in Adults (Best Practices for Forensic Mental Health Assessments).
- With Pleasure: Thoughts on the Nature of Human Sexuality.
- Handbook of Stable Isotope Analytical Techniques Vol II: 2?
- Forgiving Others and Trusting God . . . A Handbook for Survivors of Child Abuse Experience Healing f!
Here's how terms and conditions apply. Customers who bought this item also bought.
Page 1 of 1 Start over Page 1 of 1. Ahead of the Curve: All About Index Funds: Common Sense on Mutual Funds. The Intelligent Asset Allocator: Book Description In the get-rich quick atmosphere of day-traders and Internet stocks, investments that maintain a slow, stead climb may have taken a backseat in the public's eye today. See all Product description. To get the free app, enter mobile phone number. See all free Kindle reading apps. I'd like to read this book on Kindle Don't have a Kindle? Be the first to review this item Amazon Bestsellers Rank: Customer reviews There are no customer reviews yet.
Share your thoughts with other customers. Write a product review. Return to Book Page. Preview — Asset Allocation by Roger C. Balancing Financial Risk by Roger C. Balancing Financial Risk 3.
Dispensing with luck, market timing, and Buy low, sell high sleights of hand, this book aims to outline sensible decisions that all investors can make on their own. Hardcover , pages. To see what your friends thought of this book, please sign up. To ask other readers questions about Asset Allocation , please sign up. Lists with This Book. This book is not yet featured on Listopia. Particularly liked the discussions on portfolio diversification and withdrawal rates.
As a minor complaint, it might have been helpful in some places e. Sep 18, Mark rated it liked it. The fundamental theme of the book is that the two risks investors face are volatility and inflation. Depending on the investment time table longer investments are subject to inflation and should be kept mostly in equities while short term investments are more affect by volatility and should be kept in fixed income securities such as bonds.
Asset Allocation: Balancing Financial Risk by Roger C. Gibson
He does mention that market timing is very difficult as is superior stock selection, but he does not advocate index funds as much as the books by Bernstein and Ellis, nor does he criticize the fact that most money managers do not beat the market. In fact he actually says higher fees are warranted as long as the manager is doing a good job, where a good job means keeping the portfolio balanced. Interestingly enough, even though time decreases the effects of volatility, a well balanced portfolio will likely provide higher returns than a single highly volatile asset class because the extra risk in associated with lower diversification is not rewarded by the diverse market.
Gibson makes almost no mention of small value or growth asset classes, just large and small company stocks. He stressess foreign investment in bonds and stocks to properly diversify more than previous books, along with some exposure to REITs and commodities. Overall this is a very informative, objective, financial book giving a good academic background, but focuses too much on an audience made of professional money managers. Gibson's Asset Allocation is a book written for readers interested in advance topics in investment or for potential financial investment managers. Readers with some statistical background may find the discussion of risk and time horizon very informative and appealing, but may be too specialized for others.
In the beginning, Gibson revisits common investment basics with some mathematical angle such as correlations comparison among different assets.
Customers who viewed this item also viewed
This segues into the importance of broadening an Gibson's Asset Allocation is a book written for readers interested in advance topics in investment or for potential financial investment managers. This segues into the importance of broadening and diversifying portfolio to mitigate inherent and unnecessary risk in subsequent chapters. The middle of the book discusses more on establishing "efficient frontier" and optimizing portfolio, topics that may interests those keen on seeking "active" management and optimization.
Last chapters of the book focuses on client management as well as reflection of the financial crisis. Asset Allocation, in comparison with most investment books I have read, introduces "uncommon" assets to broaden investment portfolio such commodities as well as international bonds, and why they are necessary in diversification of a portfolio.
In summary, I find most of the content informative if not interesting, but would only recommend this for people with a penchant for statistics and in-depth analysis of asset allocation. Jun 05, Krenzel rated it really liked it Shelves: Yet neither investors, money managers, nor the financial press seem to give much attention to this topic.
- See a Problem?.
- Asset Allocation: Balancing Financial Risk by Roger C. Gibson | eBay;
- Safe Patient Handling and Movement: A Practical Guide for Health Care Professionals;
- Shame: Theory, Therapy, Theology?
- Nadia Comaneci: Perfect 10.
Balancing Financial Risk," author Roger Gibson explains the importance of asset allocation not only in helping investors to realize higher returns, but also in controlling risk. Therefore, before actually managing their money and allocating assets to classes such as bonds and stocks, investors should develop an investment philosophy that incorporates a realistic outlook as far as the risk and return they should expect with each asset class, and the relationship of asset classes to one another. As part of this discussion, Gibson provides great detailed information about the historical performance of various investments, including Treasury bills, bonds, and stocks, showing their returns in comparison to their volatility, as well as their correlation to one another.
Gibson also discusses the two most important money management risks — inflation and volatility — and illustrates how investors' time horizons are the key variables in determining which risk they should be most concerned with. In addition to providing this general discussion, Gibson includes sample asset allocations for investors based on risk preferences.