Reducing the Risk of Black Swans: Using the Science of Investing to Capture Returns with Less Volatility
Language: English
Published by Buckingham, 2018
- Softcover
- Used

Seller: YESIBOOKSTORE, MIAMI, FL, U.S.A.YESIBOOKSTORE
AbeBooks seller since July 11, 2025
Condition: Used - As new
£ 57.34
Quantity: 1 available
Add to basketSeller Inventory # 069206074X-VB
- Title
- Reducing the Risk of Black Swans: Using the Science of Investing to Capture Returns with Less Volatility
- Author
- Swedroe, Larry
- Publisher
- Buckingham
- Publication year
- 2018
- Condition
- As New
- Binding
- paperback
- Language
- English
- ISBN 10
- 069206074X
- ISBN 13
- 9780692060742
In their expanded and updated 2018 edition of “Reducing the Risk of Black Swans: Using the Science of Investing to Capture Returns with Less Volatility,” Larry Swedroe, author of the bestselling "The Only Guide" series of investment books, and Kevin Grogan, co-author of "The Only Guide You'll Ever Need for the Right Financial Plan," revisit what it takes to build more efficient portfolios in today’s evolving financial landscape.
Designed specifically for those seeking to enrich their technical knowledge of recent advancements in the world of evidence-based investing, the revised second edition reexamines and enhances Swedroe and Grogan’s roadmap to an investment strategy that can deliver higher returns without increased risk (or the same return with reduced risk). In addition to refreshing the data and returning to the themes that made their original work so influential with experienced investors and practitioners alike, the authors add an entirely new section on alternative investments. In it, Swedroe and Grogan explain how developments in the financial industry have enabled retail investors to access new and unique sources of risk and return previously locked away on the balance sheets of corporate and financial institutions, without the higher costs so prevalent in the past. Because each of the alternative investments they discuss has attractive expected returns that show low to no correlation to the stocks and bonds dominant in traditional portfolios, including an allocation to them can result in superior portfolio efficiency and greater diversification.
The way today’s investors hold risk is changing, and Swedroe and Grogan bring you an essential resource for making the informed and prudent investment decisions necessary to help secure your financial future. From factor-based investing to newly available alternatives, they an offer in-depth look at portfolio construction ideal for those interested in refining their portfolio. In “Swans,” Swedroe and Grogan begin by inviting you to explore improvements in asset pricing models and the academic underpinnings that have led to what we now commonly recognize to be modern financial theory; then, based on an overwhelming amount of hard data and research, incorporate the latest strategies to make their case for reducing the risk of black swans in your portfolio.
"Synopsis" may belong to another edition of this title.
Shipping rates within U.S.A.
| Item | 6 to 19 business days | 4 to 12 business days |
|---|---|---|
| First item | £ 0.00 | £ 18.90 |
Payment methods
Store description
WELCOME TO MY BOOKSTORE! I OFFER A CAREFULLY SELECTED COLLECTION OF USED, VINTAGE, AND HARD-TO-FIND BOOKS ACROSS A VARIETY OF GENRES. EVERY ITEM IS DESCRIBED HONESTLY AND SHIPPED PROMPTLY WITH CARE. FAST,SECURE SHIPPING-TYPICALLY WITHIN 1 BUSINESS DAY ACURATE DESCRIPTIONS-I AIM FOR TRANSPARENCY IN EVERY LISTING ...? QUESTIONS? I RESPOND QUICKLY AND POLITELY I VALUE EACH CUSTOMER AND STRIVE TO MAKE EVERY PURCHASE SMOOTH AND SATISFYING.THANK YOU FOR SUPPORTING A SMALL, INDEPENDENT BOOKSELLER!
Specialty
PRINTED BOOKSSeller's business information
YESIBOOKSTORE
FL, U.S.A.
Right of withdrawal
If you are a consumer you can withdraw from the contract in accordance with the following. Consumer means any natural person who is acting for purposes which are outside his trade, business, craft or profession.
Information regarding the right of withdrawal
Statutory right to withdraw
You have the right to withdraw from this contract within 14 days without giving any reason.
The withdrawal period will expire after 14 days from the day on which you acquire, or a third party other than the carrier and indicated by you acquires, physical possession of the last good or the last lot or piece.
To exercise the right of withdrawal, electronically fill in and submit a clear statement on our website, under "My Purchases" in "My Account". We will communicate to you an acknowledgement of receipt of such a withdrawal on a durable medium (e.g. by e-mail) without delay.
To meet the withdrawal deadline, it is sufficient for you to send your communication concerning your exercise of the right of withdrawal before the withdrawal period has expired.
Effects of withdrawal
If you withdraw from this contract, we will reimburse to you all payments received from you, including the costs of delivery (except for the supplementary costs arising if you chose a type of delivery other than the least expensive type of standard delivery offered by us).
We may make a deduction from the reimbursement for loss in value of any goods supplied, if the loss is the result of unnecessary handling by you.
We will make the reimbursement without undue delay, and not later than 14 days after the day on which we are informed about your decision to withdraw from this contract.
We will make the reimbursement using the same means of payment as you used for the initial transaction, unless you have expressly agreed otherwise; in any event, you will not incur any fees as a result of such reimbursement.
We may withhold reimbursement until we have received the goods back, or you have supplied evidence of having sent back the goods, whichever is the earliest.
You shall send back the goods or hand them over to YESIBOOKSTORE, MIAMI, Florida, U.S.A., without undue delay and in any event not later than 14 days from the day on which you communicate your withdrawal from this contract to us. The deadline is met if you send back the goods before the period of 14 days has expired. You will have to bear the direct cost of returning the goods. You are only liable for any diminished value of the goods resulting from the handling other than what is necessary to establish the nature, characteristics and functioning of the goods.
Exceptions to the right of withdrawal
The right of withdrawal does not apply to:
- The delivery of newspapers, journals or magazines with the exception of subscription contracts; and
- The supply of digital content which is not supplied on a tangible medium (e.g. on a CD or DVD) if you accepted when you placed your order that we could start to deliver it, and that you could not withdraw once delivery had started.