Beating the Indexes: Investing in Convertible Bonds to Improve Performance and Reduce Risk (Minyanville Media) - Tapa dura

You can beat the market by avoiding risk-averse, career-protecting investment managers and index-based strategies that are perfectly satisfied with mediocrity. Fact is, as indexing and quasi-indexing have become more prevalent, the dangers of these strategies have become more pronounced: a bias toward overvalued, overgrown, large-cap stocks likely to hit long periods of underperformance. But there's good news: If you're willing to invest a bit more of your own time, you have a much better chance of beating the pros than they want you to think. In Beating the Indexes, leading trader and Minyanville columnist Bill Feingold shows you how to systematically exploit the biases and mediocrity of index investors, and continuously make winning investments. Writing for individual investors as well as professional advisors and money managers, Feingold introduces a more profitable set of investing strategies based on convertible bonds and related alternative investments. In this surprisingly readable (even fun to read) book, each chapter exposes one index investing myth - and presents a powerful strategy for beating investors who still buy into it. If you're tired of minimal returns that disappear with the slightest market volatility, this is the book you've been searching for.

Stop Settling for Average Returns!

If you merely aim to keep up with the indexes, you’re settling for mediocrity--or worse. Indexing is actually becoming dangerous, thanks to its bias toward overvalued, overgrown, large cap stocks likely to hit long periods of underperformance. But simply choosing active management isn’t the solution: Many investment pros have quietly adopted “quasi-indexing” strategies that protect themselves at your expense.

Here’s the good news: You have a much better chance of beating the pros than they want you to think.

In Beating the Indexes , leading trader and Minyanville columnist Bill Feingold shows how to systematically exploit the biases of index investing and continuously make winning investments. Writing for sophisticated individual investors as well as professionals, Feingold introduces more profitable strategies based on convertible bonds and other alternative investments. He systematically exposes growing cracks in the theory of index investing, presenting long-term strategies capable of consistently outperforming index investors.

Tired of minimal returns that disappear with the slightest market volatility? This is the book you’ve been searching for.

· Why investment pros accept mediocrity--and how you can do better
   Why individual investors are now well-positioned to beat the indexes and experts

· Convertibles: A better solution
   Part bond, part stock, all opportunity

· Uncovering the consistent attributes of high-profit convertible investments
   “Protected stock investing” strategies that really work

· Advanced techniques: how professional convertible traders think and operate
   Expert-level strategies: advantages, drawbacks, and when to consider them

You can’t afford “average” performance any more--and with Bill Feingold’s help, you don’t have to accept it!