The Case Against Diversification: and Other Investing Myths - Paperback

by Jim Grant (Author)

Diversification is for people who don't know what they are doing. Are you upset that the value of your investment portfolio dropped over 40% during the financial crisis of late 2008? Are you upset that the value of your investment portfolio dropped over 30% when the tech bubble burst in 2000? - - - You should be Are you looking for an investment strategy that will materially out-perform the stock market over the long term, lower the variability in the value of your portfolio, which requires no data gathering, no calculations, and only takes you 15-20 minutes a week? Higher profits, lower risk, little effort, what more do you want? The strategy described in this book has been back-tested over 62 years to confirm the above claims. Make money whether the stock market is going up or down.

Author Biography

I have a bachelor's degree in mathematics and a Master's degree in Operations Research, which focuses on mathematical optimization and statistical analysis. I worked in businesses for over 30 years. Most of that time I managed business, financial, and operations analysts who determined what caused the past and predicted the future. Since I retired five years ago, I've had the opportunity to spend a lot of time on investing. I read several investing books. I listened to everything I could on the financial news. I joined an investment club in which we pooled money. I went to investment seminars. I participated in a small group of private investors. I tried out many investments strategies. I even developed a back-testing model which tested many different strategies over the last 62 years. I've written a variety of investment articles and made presentations at various groups of investors. As a private investor, I now, hopefully, have 20 years to apply what I've learned, discovered, and explained in this book to leave a nice nest egg for my sons.