Simple But Not Easy (Second Edition): A practitioner's guide to the art of investing (Expanded second edition of the investing cult classic) - Softcover

Oldfield, Richard

Softcover

ISBN 10: 0857198009 ISBN 13: 9780857198006

Publisher: Harriman House, 2021

Synopsis

Described by the author as "a slightly autobiographical and heavily biased book about investing", Simple But Not Easy won fans among both professional and private investors alike when first released in 2007.

The theme of the book is that investment is simpler than non-professionals think it is, in that the rudiments can be expressed in ordinary English and picked up by anybody. It is not a science. But investment is also difficult. People on the outside tend to think that anyone on the inside should be able to do better than the market indices. This is not so. Picking the managers who are likely to do better is a challenge.

Richard Oldfield begins with a detailed confession of some of his worst mistakes and what they have taught him. He discusses the different types of investment, why fees matter, and the importance of measuring performance properly. He also outlines what to look for (and what not to look for) in an investment manager, when to fire a manager, and how to be a successful client.

A cult classic for its candid confessions and sparkling wit, this extended edition of Simple But Not Easy – featuring a new author's preface and a substantial afterword – remains an indispensable companion for all those interested in the rewarding but enigmatic pursuit of investing.

About this title

About the Author

Richard Oldfield is the founder and executive chairman of Oldfield Partners, a value-style asset management firm with over $4bn in assets under management.

Richard was Chairman of the Oxford University Investment Committee and of Oxford University Endowment Management Ltd from the latter's inception in 2007 until 2014 and is a director of Witan Investment Trust plc and a trustee of Royal Marsden Cancer Charity and Canterbury Cathedral Trust.

Richard holds a BA Hons in History from Oxford University.

Richard resides in the England.

Edition details

• Publisher: Harriman House
• Publication date: 2021
• Language: English
• ISBN 10: 0857198009
• ISBN 13: 9780857198006
• Binding: Paperback
• Number of pages: 294