Getting Back to Business: Why Modern Portfolio Theory Fails Investors and How You Can Bring Common Sense to Your Portfolio

Getting Back to Business: Why Modern Portfolio Theory Fails Investors and How You Can Bring Common Sense to Your Portfolio

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  • Author: Daniel Peris
  • Publisher: McGraw Hill Professional
  • ISBN: 1260135330
  • Category : Business & Economics
  • Languages : en
  • Pages : 364

Modern Portfolio Theory has failed investors. A change in direction is long overdue. We are in a time of enormous risk. Economic growth is anemic, and political risk to the capital markets is on the rise. In the U.S., a generation of white collar baby-boomers is heading into retirement with insufficient assets in their 401(k) programs, and industrial workers are stuck with materially underfunded pension plans. Against that backdrop, the investing industry’s current set of practices and assumptions—Modern Portfolio Theory (MPT)—is based on a half-century old formula that is supposed to deliver the maximum amount of return for a given amount of risk. The trouble is that it doesn’t work very well. In Getting Back to Business, dividend-investing guru Daniel Peris proposes a radical new approach—radical in that it does away with MPT in favor of a more intuitive, common-sense approach practiced by business people in their own affairs everyday: cash returns on cash investments. “In a profession utterly lacking a historical sensibility,” Peris writes. “One periodically needs to ask why we do things the way we do, how we got here, and whether perhaps there is a better way.” Balancing detailed historical evidence with a practitioner’s real-world expertise, Peris asks the right questions—and provides a solution that makes sense in today’s challenging investing landscape.


Getting Back to Business

Getting Back to Business

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  • Author: Daniel Peris
  • Publisher:
  • ISBN:
  • Category : Portfolio management
  • Languages : en
  • Pages : 368

Résumé : Balancing detailed historical evidence with a practitioners real-world expertise, this book asks the right questions?and provides a solution that makes sense in todays challenging investing landscape. --


Philosophy of the Short Term

Philosophy of the Short Term

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  • Author: Jay Lampert
  • Publisher: Bloomsbury Publishing
  • ISBN: 1350347973
  • Category : Philosophy
  • Languages : en
  • Pages : 257

The concept of the short term involves a complex network of quantitative, qualitative, and operational ideas. It is essential everywhere from the ontology of time, to the science of memory, to the preservation of art, to emotional life, to the practice of ethics. But what does the idea of the short term mean? What makes a temporal term short? What makes a time segment terminate? Is the short term a quantitative idea, or a qualitative or functional idea? When is it a good idea to understand events as short term events, and when is it a good idea to make decisions based on the short term? What does it mean for the nature of time if some of it can be short? Jay Lampert explores these questions in depth and makes use of the resources of short (as well as long) term processes in order to develop best temporal practices in ethical, aesthetic, epistemological, and metaphysical activities, both theoretical and practical. The methodology develops ideas based on the history of philosophy (from Plato to Hegel to Husserl to Deleuze), interdisciplinary studies (from cognitive science to poetics), and practical spheres where short term practices have been studied extensively (from short term psychotherapy to short term financial investments). Philosophy of the Short Term is the first book to deal systematically with the concept of the short term.


10 Ways to Invest

10 Ways to Invest

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  • Author: Tariq Dennison
  • Publisher: Springer Nature
  • ISBN: 9819750318
  • Category :
  • Languages : en
  • Pages : 259


Strong Towns

Strong Towns

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  • Author: Charles L. Marohn, Jr.
  • Publisher: John Wiley & Sons
  • ISBN: 1119564816
  • Category : Business & Economics
  • Languages : en
  • Pages : 262

A new way forward for sustainable quality of life in cities of all sizes Strong Towns: A Bottom-Up Revolution to Build American Prosperity is a book of forward-thinking ideas that breaks with modern wisdom to present a new vision of urban development in the United States. Presenting the foundational ideas of the Strong Towns movement he co-founded, Charles Marohn explains why cities of all sizes continue to struggle to meet their basic needs, and reveals the new paradigm that can solve this longstanding problem. Inside, you’ll learn why inducing growth and development has been the conventional response to urban financial struggles—and why it just doesn’t work. New development and high-risk investing don’t generate enough wealth to support itself, and cities continue to struggle. Read this book to find out how cities large and small can focus on bottom-up investments to minimize risk and maximize their ability to strengthen the community financially and improve citizens’ quality of life. Develop in-depth knowledge of the underlying logic behind the “traditional” search for never-ending urban growth Learn practical solutions for ameliorating financial struggles through low-risk investment and a grassroots focus Gain insights and tools that can stop the vicious cycle of budget shortfalls and unexpected downturns Become a part of the Strong Towns revolution by shifting the focus away from top-down growth toward rebuilding American prosperity Strong Towns acknowledges that there is a problem with the American approach to growth and shows community leaders a new way forward. The Strong Towns response is a revolution in how we assemble the places we live.


The Dividend Imperative: How Dividends Can Narrow the Gap Between Main Street and Wall Street

The Dividend Imperative: How Dividends Can Narrow the Gap Between Main Street and Wall Street

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  • Author: Daniel Peris
  • Publisher: McGraw Hill Professional
  • ISBN: 0071818790
  • Category : Business & Economics
  • Languages : en
  • Pages : 210

IF YOU'RE INVESTED IN THE FUTURE OF THE STOCK MARKET, THIS IS YOUR WAKE-UP CALL. DIVIDENDS ARE NOT THE PROBLEM. THEY'RE PART OF THE SOLUTION. Forget the Great Recession. According to fund manager and author Daniel Peris, the real threat to investment returns from stocks is the Great Retreat--a 30-year drop in the dividend payout ratio of the leading corporations in the United States that has rendered the U.S. stock market a grand casino rather than a business investment platform. Peris believes that profit distributions--the dividends of publicly traded corporations--are the greatest indicators of a business's success. Investors and company executives should focus on them. This is The Dividend Imperative, a bold new vision for anyone interested in having a stronger, broader, and healthier stock market for everyone. If you're a personal investor ... this book will show you how to identify and invest incompanies that value shareholders by rewarding them with ample, growing dividends. If you're a portfolio manager ... this book will help you shift your focus from near-term earnings to long-term dividends--even if it goes against conventional wisdom. If you’re a business leader ... this book will show you how to restore trust and confidence in the corporate world, the stock market, and the future of investing. This is no get-rich-quick scheme or one-size-fits-all money guide. It is a realistic, tightly reasoned approach to dividend investing that could have far-reaching effects on Main Street and Wall Street alike. Using real-world case studies and analytic models, Peris shows investors and companies that concentrating on dividend generation and growth can lead to mutually rewarding results. You'll learn why stocks go up when dividends go up--and what it means to a company's bottom line. You'll discover practical financial tools for assessing the value of higher dividend payouts and determining the value of a dividend growth trajectory. Even if your direct stock market experience has been disappointing or your mutual funds have performed poorly in recent years, refocusing your efforts on dividend strategies can provide just the vision you need to achieve long-term success with your investments. This is what business is all about. This is how investors and companies can share profi ts, build trust, and create opportunities for the future. This is The Dividend Imperative. You've seen the markets swing from bubble to scandal and back again. You’ve watched the divide between Wall Street and Main Street grow larger each year. You've wished there was a strategic approach to investing that strengthened portfolios, benefited companies, and bolstered the economy as well. The answer, according to business investor Daniel Peris, is simple. You need to focus on dividends. Investors need to demand bigger dividends, and U.S. corporations need to pay out more of their profits as dividends. This is THE DIVIDEND IMPERATIVE--a powerful new call to action for investors and corporate leaders by the acclaimed author of The Strategic Dividend Investor. "[Peris's] ideas about aligning interests through higher dividend payments may be counter to current Wall Street wisdom, but savvy investors should trust Peris to guide them toward a strategy that focuses on generating strong long-term returns." -- JOHN EADE, President, Argus Research "Peris makes a compelling case that investors and companies need to focus more on dividends, which have accounted for the lion’s share of stock market returns." -- JOHN HEINZL, Toronto's The Globe and Mail "If you’re a shareholder, and not a near-term 'shareseller,' you deserve a better deal. Most companies can afford to pay higher dividends. Here's why they should. Investors who like cash should cheer for Peris." -- JEFFREY KOSNETT, editor of Kiplinger's Investing for Income "The book is a rallying cry for long-term investors to regain their rightful position using a simple but very powerful tool that they have at their disposal--demand for increased dividends." -- WILLIAM LYONS, CFO, CONSOL Energy


The Little Book of Value Investing

The Little Book of Value Investing

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  • Author: Christopher H. Browne
  • Publisher: John Wiley & Sons
  • ISBN: 0470105496
  • Category : Business & Economics
  • Languages : en
  • Pages : 211

A concise and masterful discussion of a proven investing strategy There are many ways to make money in today’s market, but the one strategy that has truly proven itself over the years is value investing. Now, with The Little Book of Value Investing, Christopher Browne shows you how to use this wealth-building strategy to successfully buy bargain stocks around the world. You’ll explore how to value securities and find bargains in the stock market. You’ll also learn to ignore irrelevant noise, “advice” from self-proclaimed gurus, and other obstacles that can throw you off your game. The Little Book of Value Investing also offers: Strategies for analyzing public company financial statements and disclosures Advice on when you truly require a specialist’s opinion Tactics for sticking to your guns when you’re tempted to abandon a sound calculation because of froth in the market Perfect for beginning retail investors of all stripes, The Little Book of Value Investing will also earn a place in the libraries of veteran investors and portfolio managers seeking an expert reference covering the most time-tested lessons of value investing.


A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing (Ninth Edition)

A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing (Ninth Edition)

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  • Author: Burton G. Malkiel
  • Publisher: W. W. Norton & Company
  • ISBN: 0393330338
  • Category : Business & Economics
  • Languages : en
  • Pages : 454

Updated with a new chapter that draws on behavioral finance, the field that studies the psychology of investment decisions, the bestselling guide to investing evaluates the full range of financial opportunities.


Rich Dad's Increase Your Financial IQ

Rich Dad's Increase Your Financial IQ

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  • Author: Robert T. Kiyosaki
  • Publisher: Business Plus
  • ISBN: 0446515914
  • Category : Business & Economics
  • Languages : en
  • Pages : 192

For years, Robert Kiyosaki has firmly believed that the best investment one can ever make is in taking the time to truly understand how one's finances work. Too many people are much more interested in the quick-hitting scheme, or trying to find a short-cut to real wealth. As Kiyosaki has preached over and over again, one has to truly under the process of how money works before one can start out on trying to escape the daily financial Rat Race. Now, in this latest book in the popular Rich Dad Poor Dad series, Kiyosaki lays out his 5 key principles of Financial Intelligence for all to understand. In INCREASE YOUR FINANCIAL IQ, Kiyosaki provides real insights on these key steps to wealth: o How to increase your money -- how to assess what you're really worth now, what your prospects are, and how to start mapping out your financial future. o How to protect your money -- for better or for worse, taxes are a way of life. Kiyosaki shows you that "it's not what you make....it's what you keep." o How to budget your money -- everybody wants to live large, but you have to learn how to live within your budget. Kiyosaki shows you how you can. o How to leverage your money -- as you build your financial IQ, knowing how to put your money to work for you is a crucial step. o How to improve your financial information -- Kiyosaki shows you how to accelerate your wealth as you learn more and more.


Pioneering Portfolio Management

Pioneering Portfolio Management

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  • Author: David F. Swensen
  • Publisher: Simon and Schuster
  • ISBN: 1416554033
  • Category : Business & Economics
  • Languages : en
  • Pages : 433

In the years since the now-classic Pioneering Portfolio Management was first published, the global investment landscape has changed dramatically -- but the results of David Swensen's investment strategy for the Yale University endowment have remained as impressive as ever. Year after year, Yale's portfolio has trumped the marketplace by a wide margin, and, with over $20 billion added to the endowment under his twenty-three-year tenure, Swensen has contributed more to Yale's finances than anyone ever has to any university in the country. What may have seemed like one among many success stories in the era before the Internet bubble burst emerges now as a completely unprecedented institutional investment achievement. In this fully revised and updated edition, Swensen, author of the bestselling personal finance guide Unconventional Success, describes the investment process that underpins Yale's endowment. He provides lucid and penetrating insight into the world of institutional funds management, illuminating topics ranging from asset-allocation structures to active fund management. Swensen employs an array of vivid real-world examples, many drawn from his own formidable experience, to address critical concepts such as handling risk, selecting advisors, and weathering market pitfalls. Swensen offers clear and incisive advice, especially when describing a counterintuitive path. Conventional investing too often leads to buying high and selling low. Trust is more important than flash-in-the-pan success. Expertise, fortitude, and the long view produce positive results where gimmicks and trend following do not. The original Pioneering Portfolio Management outlined a commonsense template for structuring a well-diversified equity-oriented portfolio. This new edition provides fund managers and students of the market an up-to-date guide for actively managed investment portfolios.