What Wall Street Doesn't Want You to Know
What Wall Street Doesn't Want You to Know gives you the inside information you need to become a successful investor who plays the winner's game. This revolutionary new guide explains why active managers have rarely been able to add value to your portfolio over time. What Wall Street Doesn't Want You to Know tells you exactly how to avoid the pitfalls of short-term thinking and to invest so that you can create more wealth over the long term.
Praise for What Wall Street Doesn't Want You to Know
“This wonderfully iconoclastic book drums home the message that beating the stock market is a loser's game. Larry Swedroe's new book tilts-successfully-at the windmills of professional managers, Wall Street analysts, owing 'the best 100 companies' (or the best ten funds), hedge funds market timers, investment newsletters, and short-term strategies. Once you're convinced by the powerful case the author has made, he then offers seven steps to playing a winner's game. The diagnosis is right on the mark, and his essential prescription-rely on portfolio construction, index funds, broad diversification, minimal costs and taxes, risk control, and time-also comes close to the center of the target: the optimal accumulation of your financial wealth.”
― John C. Bogle, founder and former chairman of The Vanguard Group