"Sinopsis" puede pertenecer a otra edición de este libro.
Our financial system and personal financial decisions are both inherently complex. However, there is an abundance of opportunities for improvement.
Nobody understands this better than coauthors Jarrod Wilcox and Frank Fabozzi. Now, in Financial Advice and Investment Decisions: A Manifesto for Change, they build a foundation for further progress in this area by offering key facts, presenting easy-to-remember conceptual models to help you think about financial problems, and sharing advice from their extensive experience in this filed.
Engaging and informative, this reliable resource skillfully provides you with the building blocks for developing a productive framework for financial thinking and puts them in perspective through detailed discussions regarding implementation. Along the way, it:
· Outlines models for financial planning using balance sheets extended to include planned future cash flows.
· Explores the concept of “mostly” efficient markets, which upends conventional thinking
· Looks at the discretionary wealth approach to financial decisions - which helps set risk tolerances for better long-term performance.
· Talks about more tax-efficient investing
· Distinguishes active from passive investing and discusses when each is appropriate
· And much more
Everywhere you look, there are opportunities for better financial decision-making. This book will put you in a better position to achieve this elusive goal.
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