{"product_id":"a-wealth-of-common-sense-why-simplicity-trumps-complexity-in-any-investment-plan-hardcover","title":"A Wealth of Common Sense: Why Simplicity Trumps Complexity in Any Investment Plan - Hardcover","description":"\u003cp\u003eby \u003cb\u003eBen Carlson\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003cb\u003eA simple guide to a smarter strategy for the individual investor\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003ci\u003eA Wealth of Common Sense\u003c\/i\u003e sheds a refreshing light on investing, and shows you how a simplicity-based framework can lead to better investment decisions. The financial market is a complex system, but that doesn't mean it requires a complex strategy; in fact, this false premise is the driving force behind many investors' market \"mistakes.\" Information is important, but understanding and perspective are the keys to better decision-making. This book describes the proper way to view the markets and your portfolio, and show you the simple strategies that make investing more profitable, less confusing, and less time-consuming. Without the burden of short-term performance benchmarks, individual investors have the advantage of focusing on the long view, and the freedom to construct the kind of portfolio that will serve their investment goals best. This book proves how complex strategies essentially waste these advantages, and provides an alternative game plan for those ready to simplify.\u003c\/p\u003e \u003cp\u003eComplexity is often used as a mechanism for talking investors into unnecessary purchases, when all most need is a deeper understanding of conventional options. This book explains which issues you actually should pay attention to, and which ones are simply used for an illusion of intelligence and control.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eKeep up with--or beat--professional money managers\u003c\/li\u003e \u003cli\u003eExploit stock market volatility to your utmost advantage\u003c\/li\u003e \u003cli\u003eLearn where advisors and consultants fit into smart strategy\u003c\/li\u003e \u003cli\u003eBuild a portfolio that makes sense for your particular situation\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eYou don't have to outsmart the market if you can simply outperform it. Cut through the confusion and noise and focus on what actually matters. \u003ci\u003eA Wealth of Common Sense\u003c\/i\u003e clears the air, and gives you the insight you need to become a smarter, more successful investor.\u003c\/p\u003e\u003ch3\u003eFront Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eMuch of the financial advice available these days is so fraught with unnecessary complexity and industry jargon that many investors are either too confused or too intimidated to make wise investment decisions. So how can you approach your own portfolio and the financial markets more confidently? Financial specialist Ben Carlson shows you how. In \u003ci\u003eA Wealth of Common Sense: Why Simplicity Trumps Complexity in Any Investment Plan\u003c\/i\u003e, Carlson explores those issues you should pay attention to, as opposed to those that are used as an illusion of intelligence and control. \u003c\/p\u003e\u003cp\u003eDrawing from his career in portfolio management during which he worked with complex and sophisticated portfolio strategies, Carlson reveals the secret of using basic common sense as you invest in the financial markets, effortlessly bridging the gap between sophistication and simplicity. \u003ci\u003eA Wealth of Common Sense\u003c\/i\u003e helps all investors make more informed decisions using sound thinking as a guiding framework to help alleviate some of the lasting damage from the market crash. \u003c\/p\u003e\u003cp\u003eThis practical guide discusses: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eWhy long-term thinking trumps short-term gains\u003c\/li\u003e \u003cli\u003eHow to identify market and portfolio risk\u003c\/li\u003e \u003cli\u003eWhich market myths are true and which you can ignore\u003c\/li\u003e \u003cli\u003eHow to define yourself as an investor\u003c\/li\u003e \u003cli\u003eWhy diversification matters\u003c\/li\u003e \u003cli\u003eHow to build self-awareness in your own investing abilities\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThere is an assumption that complex systems such as financial markets must require complex investment strategies and organizations to succeed. This is a false premise that far too many both inside and outside of the industry have come to believe. You can adapt to the changing market and economic landscape. Filled with practical advice and in-depth insights, \u003ci\u003eA Wealth of Common Sense\u003c\/i\u003e shows you how with basic, sensible guidance for improving long-term investment results and making rational decisions in all market conditions.\u003c\/p\u003e\u003ch3\u003eBack Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003ePRAISE FOR \u003cbr\u003e\u003cb\u003eA WEALTH OF COMMON SENSE\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\"The content of this book lives up to the title. Ben Carlson has mastered the art of exposing the few big topics that matter most to investors, leaving out the complicated--but often unnecessary--topics found in other investment books. Any investor, from a beginner to a professional, can learn a tremendous amount from \u003ci\u003eA Wealth of Common Sense\u003c\/i\u003e.\" \u003cbr\u003e\u003cb\u003e--Morgan Housel, \u003c\/b\u003e columnist for \u003ci\u003eThe Motley Fool\u003c\/i\u003e and the \u003ci\u003eWall Street Journal\u003c\/i\u003e \u003c\/p\u003e\u003cp\u003e\"Through hard work Ben Carlson has rapidly established himself as one of the nation's premier investment bloggers. In his new book, \u003ci\u003eA Wealth of Common Sense\u003c\/i\u003e, Carlson cements his position as a prudent and practical voice for the individual investor.\"\u003cbr\u003e \u003cb\u003e--Tadas Viskanta, \u003c\/b\u003e founder and editor of \u003ci\u003eAbnormal Returns\u003c\/i\u003e and author of \u003ci\u003eAbnormal Returns: Winning Strategies from the Frontlines of the Investment Blogosphere\u003c\/i\u003e \u003c\/p\u003e\u003cp\u003e\"Ben Carlson seemingly came out of nowhere and took the financial commentariat by storm with his straightforward, insightful blog posts. True investing wisdom--born out of experience and success--cannot be faked; it must be earned. This is precisely the type of wisdom that comes oozing out of every chapter in \u003ci\u003eA Wealth Of Common Sense\u003c\/i\u003e.\"\u003cbr\u003e \u003cb\u003e--Downtown Josh Brown, \u003c\/b\u003e author of the bestselling book \u003ci\u003eBackstage Wall Street\u003c\/i\u003e and \u003ci\u003eThe Reformed Broker\u003c\/i\u003e blog, star of CNBC's \u003ci\u003eThe Halftime Report, \u003c\/i\u003e \u003c\/p\u003e\u003cp\u003e\u003cb\u003eYOUR NO-NONSENSE GUIDE TO COMMON SENSE INVESTING\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eCut through the confusion and noise and focus on what actually matters. \u003ci\u003eA Wealth of Common Sense\u003c\/i\u003e clears the air and gives you the insight you need to become a smarter, more successful investor. \u003c\/p\u003e\u003cp\u003eComplexity is often used as a mechanism for talking investors into unnecessary purchases, when all most need is a deeper understanding of conventional options. This book explains which issues are important--and which are not. \u003c\/p\u003e\u003cp\u003eTake a look inside for guidance on how to: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eKeep up with--or beat--professional money managers\u003c\/li\u003e \u003cli\u003eExploit stock market volatility to your utmost advantage\u003c\/li\u003e \u003cli\u003eLearn where advisors and consultants fit into a smart strategy\u003c\/li\u003e \u003cli\u003eBuild a portfolio that makes sense for your particular situation\u003c\/li\u003e \u003c\/ul\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eBEN CARLSON, CFA, \u003c\/b\u003e has spent his career managing institutional portfolios for endowments, foundations, and pension plans. He is also the creator and author of the blog \u003ci\u003eA Wealth of Common Sense\u003c\/i\u003e (awealthofcommonsense.com) and is a Yahoo! Finance Contributor.\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 224\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.8 x 9.3 x 6.3 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e June 22, 2015\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":51772723560736,"sku":"9781119024927","price":42.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0974\/9764\/5344\/files\/6b85c103c78b846e9c9da8b31dc28a55.webp?v=1780412527","url":"https:\/\/ebocreations.com\/products\/a-wealth-of-common-sense-why-simplicity-trumps-complexity-in-any-investment-plan-hardcover","provider":"The E-Book Oasis LLC","version":"1.0","type":"link"}