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Informationen zum Autor William J. Bernstein , PhD, MD, is a bestselling author known as a grassroots hero to independent investors. Formerly a practicing neurologist, Bernstein approaches the problems of saving and investing as someone who had to figure it out for himself-from first principles up. He is the author of The Intelligent Asset Allocator and The Four Pillars of Investing -highly regarded, plain-spoken guides on how to build a diversified portfolio without the help of a financial advisor-the editor of the asset allocation journal Efficient Frontier , and the founder of the popular website efficientfrontier.com. He has also written two volumes of economic history, The Birth of Plenty and A Splendid Exchange , and is a coprincipal in Efficient Frontier Advisors. Klappentext Praise for The Investor's Manifesto "Bill Bernstein's impassioned new book is indeed a manifesto-a call to action for Main Street investors to free themselves from exploitation by Wall Street money moguls; to understand the brute principles that ultimately determine stock market returns; and to establish the sound and simple strategies necessary for investment success. The Investor's Manifesto is a grand-slam home run." - John C. Bogle , founder of the Vanguard Group, Inc. "This is the investment book that my kids, step-kids, and sisters will read, remember, and thank me for. Bernstein's way with ideas and words means that for all of them, practical investment is no longer too hard or too dull to master. The aha! moment for me was finding out what Bernstein is recommending to his readers now." - Ed Tower , Professor of Economics, Duke University "The Investor's Manifesto is packed with wisdom and charmingly written. It belongs on every investor's bookshelf." - Burton G. Malkiel , author of A Random Walk Down Wall Street "There is no better writer on investing than William Bernstein. If he has written it, it is a must-read. Whether you are just beginning your journey or already in retirement, this book is an invaluable guide filled with pearls of wisdom." - Larry Swedroe , Principal and Director of Research, The Buckingham Family of Financial Services, author of Wise Investing Made Simple and The Only Guide You'll Ever Need series "In The Investor's Manifesto , author William Bernstein, PhD, MD, has condensed his long experience and intellectual wisdom into an easy-to-read and easy-to-understand book that deserves to be on the bookshelf of every serious investor." - Taylor Larimore , coauthor of The Bogleheads' Guide to Investing and The Bogleheads' Guide to Retirement Planning " The Investor's Manifesto brilliantly lays out timeless investment strategies in a clear, easy-to-understand manner. Whether an investing novice or an experienced investor, Bill Bernstein helps you recover from the market decline and build a solid financial future. Longtime Bernstein fans will find the answer to the question 'What would Bill do?'" - Laura F. Dogu , coauthor of The Bogleheads' Guide to Retirement Planning Zusammenfassung A timeless approach to investing wisely over an investment lifetime With the current market maelstrom as a background! this timely guide describes just how to plan a lifetime of investing! in good times and bad! discussing stocks and bonds as well as the relationship between risk and return. Inhaltsverzeichnis Foreword ix Preface xiii Chapter 1 A Brief History of Financial Time 1 In the Beginning 2 Near-Death in Venice 8 The Incredible Shrinking Risk Premium 11 Summary 12 Chapter 2 The Nature of the Beast 13 Of Ravens and Returns 13 History versus Math 18 Mr. Gordon's Curious Equation 25<...