{"product_id":"four-pillars-investing-bernstein-9780071385299","title":"The Four Pillars of Investing by William J. Bernstein","description":"\u003ch1\u003e\u003cstrong\u003eThe Four Pillars of Investing: Lessons for Building a Winning Portfolio by William J. Bernstein\u003c\/strong\u003e\u003c\/h1\u003e\n\u003ch3\u003eThe classic guide to constructing a solid portfolio—\u003cstrong\u003ewithout a financial advisor!\u003c\/strong\u003e\n\u003c\/h3\u003e\n\u003cblockquote\u003e\n\u003cp\u003e\u003cem\u003e“With relatively little effort, you can design and assemble an investment portfolio that, because of its wide diversification and minimal expenses, will prove superior to the most professionally managed accounts. Great intelligence and good luck are not required.”\u003c\/em\u003e\u003cbr\u003e\u003cstrong\u003e—William Bernstein\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/blockquote\u003e\n\u003cp\u003eWilliam Bernstein’s commonsense approach to portfolio construction has served investors well during the past turbulent decade—and it’s what made \u003cem\u003eThe Four Pillars of Investing \u003c\/em\u003ean instant classic when it was first published nearly a decade ago.\u003c\/p\u003e\n\u003cp\u003eThis down-to-earth book lays out in easy-to-understand prose the four essential topics that every investor must master: the relationship of risk and reward, the history of the market, the psychology of the investor and the market, and the folly of taking financial advice from investment salespeople.\u003c\/p\u003e\n\u003cp\u003eBernstein pulls back the curtain to reveal what really goes on in today’s financial industry as he outlines a simple program for building wealth while controlling risk.\u003c\/p\u003e\n\u003ch3\u003e\u003cstrong\u003eStraightforward in its presentation and generous in its real-life examples, \u003cem\u003eThe Four Pillars of Investing\u003c\/em\u003e presents a no-nonsense discussion of:\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003eThe art and science of mixing different asset classes into an effective blend\u003c\/li\u003e\n\u003cli\u003eThe dangers of actively picking stocks, as opposed to investing in the whole market\u003c\/li\u003e\n\u003cli\u003eBehavioral finance and how state of mind can adversely affect decision making\u003c\/li\u003e\n\u003cli\u003eReasons the mutual fund and brokerage industries, rather than your partners, are often your most direct competitors\u003c\/li\u003e\n\u003cli\u003eStrategies for managing all of your assets—savings, 401(k)s, home equity—as one portfolio\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eInvesting is not a destination. It is a journey, and along the way are stockbrokers, journalists, and mutual fund companies whose interests are diametrically opposed to yours.\u003c\/p\u003e\n\u003cp\u003eMore relevant today than ever, \u003cem\u003eThe Four Pillars of Investing \u003c\/em\u003eshows you how to determine your own financial direction and assemble an investment program with the sole goal of building long-term wealth for you and your family.\u003c\/p\u003e","brand":"Bust-Down Books","offers":[{"title":"Default Title","offer_id":47708256239931,"sku":"0071747052","price":16.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0855\/2077\/7531\/files\/9780071747059.jpg?v=1736500433","url":"https:\/\/bustdownbooks.com\/products\/four-pillars-investing-bernstein-9780071385299","provider":"Bust-Down Books","version":"1.0","type":"link"}