Lifecycle Investing: A New, Safe, and Audacious Way to Improve the Performance of Your Retirement Portfolio - Hardcover

Ayres, Ian; Nalebuff, Barry J.

Hardcover

ISBN 10: 0465018297 ISBN 13: 9780465018291

Publisher: Basic Books, 2010

Synopsis

Lifecycle Investing A bold, new investment strategy: diversify your portfolio over your lifetime Full description

About this title

Review

Robert Shiller, author of Irrational Exuberance
" A most provocative book. The real advantages of time diversification have never been laid out so clearly or with such a program of action."

Tim HarfordFinancial Times
"Here are the chief investment lessons of the financial crisis for today’s young people: they should be buying more shares and running up debts to do so. . . . [T]here is nothing intrinsically risky about regular borrowing to get that fund off to an early start. . . . Not only does the concept make sense, it has paid off in the past. . . . Ayres and Nalebuff have looked at historical stock market data. . . . For every single cohort, the early leverage strategy beat the conventional wisdom."

Moshe A. Milevsky, Ph.D., Finance Professor, York University, and author ofAre You a Stock or a Bond?
“This bold book promotes more early equity exposure for the masses, precisely at a time when many practitioners are re-thinking the ‘buy and hold stocks for the long run’ mantra. Whether you are comfortable with this strategy or not, the book is a must read for anyone who claims to think about their personal finances in a rigorous and logical manner.”

About the Author

Ian Ayres is an economist, a lawyer, and the William K. Townsend Professor at Yale Law School. He has written for the New York Times, Wall Street Journal, Financial Times, Slate, and The New Republic, and his research has been featured on PrimeTime Live, Oprah, and Good Morning America. He is the author of ten books, including the bestseller Super Crunchers. A graduate of Yale and MIT, he was recently elected to the American Academy of Arts and Sciences. He lives in New Haven, Connecticut. Barry Nalebuff is the Milton Steinbach Professor of Economics and Management at Yale School of Management. He is the author of fifty scholarly articles and multiple books--including Co-opetition and The Art of Strategy--and is the cofounder of Honest Tea. A graduate of MIT and a Rhodes Scholar, he earned his doctorate at Oxford University. He lives in New Haven, Connecticut.

Edition details

• Publisher: Basic Books
• Publication date: 2010
• ISBN 10: 0465018297
• ISBN 13: 9780465018291
• Binding: Hardcover
• Language: English
• Number of pages: 240