The Four Pillars of Investing: Lessons for Building a Winning Portfolio

Bernstein, W. M.

Published by McGraw-Hill Education - Europe
ISBN 10: 0071747052 / ISBN 13: 9780071747059
Used / Quantity Available: 0
Available From More Booksellers
View all  copies of this book

About the Book

We're sorry; this specific copy is no longer available. AbeBooks has millions of books. We've listed similar copies below.

Description:

2010. 1st Edition. Hardcover. Covers the four fundamental topics that every investor must understand: the theory, history, psychology, and business of investing. Num Pages: 352 pages, black & white tables, figures. BIC Classification: KF. Category: (P) Professional & Vocational. Dimension: 230 x 162 x 28. Weight in Grams: 596. . . . . . Books ship from the US and Ireland. Bookseller Inventory #

About this title:

Book ratings provided by Goodreads:
4.19 avg rating
(2,782 ratings)

Synopsis:

The classic guide to constructing a solid portfolio―without a financial advisor!

“With relatively little effort, you can design and assemble an investment portfolio that, because of its wide diversification and minimal expenses, will prove superior to the most professionally managed accounts. Great intelligence and good luck are not required.”

William Bernstein’s commonsense approach to portfolio construction has served investors well during the past turbulent decade―and it’s what made The Four Pillars of Investing an instant classic when it was first published nearly a decade ago.

This down-to-earth book lays out in easy-to-understand prose the four essential topics that every investor must master: the relationship of risk and reward, the history of the market, the psychology of the investor and the market, and the folly of taking financial advice from investment salespeople.

Bernstein pulls back the curtain to reveal what really goes on in today’s financial industry as he outlines a simple program for building wealth while controlling risk. Straightforward in its presentation and generous in its real-life examples, The Four Pillars of Investing presents a no-nonsense discussion of:

  • The art and science of mixing different asset classes into an effective blend
  • The dangers of actively picking stocks, as opposed to investing in the whole market
  • Behavioral finance and how state of mind can adversely affect decision making
  • Reasons the mutual fund and brokerage industries, rather than your partners, are often your most direct competitors
  • Strategies for managing all of your assets―savings, 401(k)s, home equity―as one portfolio

Investing is not a destination. It is a journey, and along the way are stockbrokers, journalists, and mutual fund companies whose interests are diametrically opposed to yours.

More relevant today than ever, The Four Pillars of Investing shows you how to determine your own financial direction and assemble an investment program with the sole goal of building long-term wealth for you and your family.

From the Back Cover:

Since its initial publication, The Four Pillars of Investing has become a staple for the independent-minded investor looking to make better-informed investment decisions. Written by noted financial expert and neurologist William Bernstein, this time-honored investing guide provides the knowledge and tools for achieving long-term profitability.

Bernstein bridges the four fundamental topics successful investors use to generate exceptional profits on a consistent basis:

  • The Theory of Investing: “Do not expect high returns without risks.”
  • The History of Investing: “About once every generation, the markets go barking mad. If you are unprepared, you are sure to fail.”
  • The Psychology of Investing: “Identify the era’s conventional wisdom and assume that it is wrong. More often than not, it is.”
  • The Business of Investing: “The stockbroker services his clients in the same way that Bonnie and Clyde serviced banks.”

From the essential soundness of classic portfolio theory through the inherent wisdom of investing in multiple asset classes, The Four Pillars of Investing provides a distinctive blend of market history, investing theory, and behavioral finance to help you become a successful, self-sufficient investor.

"About this title" may belong to another edition of this title.

Bibliographic Details

Title: The Four Pillars of Investing: Lessons for ...
Publisher: McGraw-Hill Education - Europe
Book Condition: New

Top Search Results from the AbeBooks Marketplace

1.

Bernstein, William
Published by McGraw-Hill (2010)
ISBN 10: 0071747052 ISBN 13: 9780071747059
Used Hardcover Quantity Available: 5
Seller
PlumCircle
(West Mifflin, PA, U.S.A.)
Rating
[?]

Book Description McGraw-Hill, 2010. Hardcover. Book Condition: Very Good. Publisher overstock or return with minor shelfwear. May have remainder mark. Leaves our warehouse same or next business day. Most continental U.S. orders lead time 4-10 days. International - most countries 10-21 days, others 4 weeks. Bookseller Inventory # mon0000838366

More Information About This Seller | Ask Bookseller a Question

Buy Used
7.18
Convert Currency

Add to Basket

Shipping: 3.04
Within U.S.A.
Destination, Rates & Speeds

2.

Bernstein, William J.
Published by McGraw-Hill Education
ISBN 10: 0071747052 ISBN 13: 9780071747059
Used Hardcover Quantity Available: 1
Seller
glenthebookseller
(Montgomery, IL, U.S.A.)
Rating
[?]

Book Description McGraw-Hill Education. Hardcover. Book Condition: Very Good. 0071747052 Item in very good condition and at a great price! Textbooks may not include supplemental items i.e. CDs, access codes etc. Bookseller Inventory # Z0071747052Z2

More Information About This Seller | Ask Bookseller a Question

Buy Used
9.43
Convert Currency

Add to Basket

Shipping: 2.29
Within U.S.A.
Destination, Rates & Speeds

3.

Bernstein, William J.
Published by McGraw-Hill Education
ISBN 10: 0071747052 ISBN 13: 9780071747059
Used Hardcover Quantity Available: 1
Seller
glenthebookseller
(Montgomery, IL, U.S.A.)
Rating
[?]

Book Description McGraw-Hill Education. Hardcover. Book Condition: Good. 0071747052 Item in good condition. Textbooks may not include supplemental items i.e. CDs, access codes etc. Bookseller Inventory # Z0071747052Z3

More Information About This Seller | Ask Bookseller a Question

Buy Used
9.43
Convert Currency

Add to Basket

Shipping: 2.29
Within U.S.A.
Destination, Rates & Speeds

4.

ISBN 10: 0071747052 ISBN 13: 9780071747059
Used Quantity Available: 1
Seller
Goodwill Industries of South Florida
(Fort Lauderdale, FL, U.S.A.)
Rating
[?]

Book Description Book Condition: Good. All of our books are in excellent shape! May contain some wear or contain minimal highlighting-writing. Bookseller Inventory # 3NCE25001URM

More Information About This Seller | Ask Bookseller a Question

Buy Used
9.20
Convert Currency

Add to Basket

Shipping: 3.05
Within U.S.A.
Destination, Rates & Speeds

5.

Bernstein, William J.
Published by McGraw-Hill Education (2010)
ISBN 10: 0071747052 ISBN 13: 9780071747059
New Quantity Available: > 20
Seller
Books2Anywhere
(Fairford, GLOS, United Kingdom)
Rating
[?]

Book Description McGraw-Hill Education, 2010. HRD. Book Condition: New. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Bookseller Inventory # CM-9780071747059

More Information About This Seller | Ask Bookseller a Question

Buy New
14.05
Convert Currency

Add to Basket

Shipping: 9.01
From United Kingdom to U.S.A.
Destination, Rates & Speeds

6.

BERNSTEIN
Published by Mcgraw Hill Publishers
ISBN 10: 0071747052 ISBN 13: 9780071747059
New Quantity Available: > 20
Seller
INDOO
(Avenel, NJ, U.S.A.)
Rating
[?]

Book Description Mcgraw Hill Publishers. Book Condition: New. Brand New. Bookseller Inventory # 0071747052

More Information About This Seller | Ask Bookseller a Question

Buy New
14.05
Convert Currency

Add to Basket

Shipping: 2.67
Within U.S.A.
Destination, Rates & Speeds

7.

Bernstein, William J.
ISBN 10: 0071747052 ISBN 13: 9780071747059
New Quantity Available: > 20
Seller
Paperbackshop-US
(Wood Dale, IL, U.S.A.)
Rating
[?]

Book Description 2010. HRD. Book Condition: New. New Book. Shipped from US within 10 to 14 business days. Established seller since 2000. Bookseller Inventory # VJ-9780071747059

More Information About This Seller | Ask Bookseller a Question

Buy New
13.99
Convert Currency

Add to Basket

Shipping: 3.04
Within U.S.A.
Destination, Rates & Speeds

8.

William J. Bernstein
Published by McGraw-Hill Education - Europe
ISBN 10: 0071747052 ISBN 13: 9780071747059
New Hardcover Quantity Available: 2
Seller
THE SAINT BOOKSTORE
(Southport, United Kingdom)
Rating
[?]

Book Description McGraw-Hill Education - Europe. Hardback. Book Condition: new. BRAND NEW, The Four Pillars of Investing: Lessons for Building a Winning Portfolio, William J. Bernstein, The classic guide toconstructing a solid portfolio-with out a financial advisor! "With relatively little effort, youcan design and assemble aninvestment portfolio that, becauseof its wide diversification and minimalexpenses, will prove superior to themost professionally managed accounts.Great intelligence and good luckare not required." William Bernstein's commonsense approachto portfolio construction has served investorswell during the past turbulent decade-andit's what made The Four Pillars of Investing aninstant classic when it was first published nearlya decade ago. This down-to-earth book lays out in easy-to-understandprose the four essential topics thatevery investor must master: the relationship ofrisk and reward, the history of the market, thepsychology of the investor and the market, andthe folly of taking financial advice from investmentsalespeople. Bernstein pulls back the curtainto reveal what really goes on in today's financialindustry as he outlines a simple program forbuilding wealth while controlling risk.Straightforward in its presentation and generous inits real-life examples, The Four Pillars of Investingpresents a no-nonsense discussion of: The art and science of mixingdifferent asset classes into aneffective blend The dangers of actively pickingstocks, as opposed to investingin the whole market Behavioral finance and howstate of mind can adverselyaffect decision making Reasons the mutual fund andbrokerage industries, rather thanyour partners, are often yourmost direct competitors Strategies for managing all of yourassets-savings, 401(k)s, homeequity-as one portfolio Investing is not a destination. It is a journey, andalong the way are stockbrokers, journalists, andmutual fund companies whose interests are diametricallyopposed to yours. More relevant today than ever, The Four Pillars ofInvesting shows you how to determine your ownfinancial direction and assemble an investmentprogram with the sole goal of building long-termwealth for you and your family. Bookseller Inventory # B9780071747059

More Information About This Seller | Ask Bookseller a Question

Buy New
15.59
Convert Currency

Add to Basket

Shipping: 6.94
From United Kingdom to U.S.A.
Destination, Rates & Speeds

9.

ISBN 10: 0071747052 ISBN 13: 9780071747059
Used Hardcover Quantity Available: 1
Seller
AMAZINGBOOKDEALS
(IRVING, TX, U.S.A.)
Rating
[?]

Book Description Hardcover. Book Condition: Good. Used book in GOOD condition. Good enough to read. Binding in GOOD shape with no missing pages. Cover has visible wear. Markings, writings and highligtings inside the book. Text ONLY. Does NOT include accessories such as CD, DVD, access code etc. Fast Shipping. Prompt Customer Service. Satisfaction guaranteed. Bookseller Inventory # 0071747052GOA

More Information About This Seller | Ask Bookseller a Question

Buy Used
15.51
Convert Currency

Add to Basket

Shipping: 3.04
Within U.S.A.
Destination, Rates & Speeds

10.

William Bernstein
Published by McGraw-Hill Professional 2010-08-01 (2010)
ISBN 10: 0071747052 ISBN 13: 9780071747059
New Hardcover Quantity Available: 2
Seller
Chiron Media
(Wallingford, United Kingdom)
Rating
[?]

Book Description McGraw-Hill Professional 2010-08-01, 2010. Hardback. Book Condition: New. Bookseller Inventory # NU-BER-00012645

More Information About This Seller | Ask Bookseller a Question

Buy New
16.76
Convert Currency

Add to Basket

Shipping: 2.99
From United Kingdom to U.S.A.
Destination, Rates & Speeds

There are 40 more copies of this book

View all search results for this book