What Wall Street Doesn't Want You to Know by Larry E. Swedroe

What Wall Street Doesn't Want You to Know

How You Can Build Real Wealth Investing in Index Funds

Larry E. Swedroe

St. Martin's Press · Print & ebook · November 9, 2004

Why do so many actively managed funds underperform?

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Who it’s for
Swedroe examines active management, passive funds, taxes, and long-term investing strategy.
Genres
Investing (Personal), Mutual Funds & ETFs, Wealth Management
Published
St. Martin's Press, November 9, 2004

About this book

Why do so many actively managed funds underperform? Why do passively managed funds provide superior returns, especially after taxes? What are the true interests of fund managers and the financial press? Most important, what strategy is in your best interest?

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What Wall Street Doesn't Want You to Know answers all these questions and more, giving you the inside information you need to become a successful investor who plays the winner's game--creating wealth--instead of the loser's game Wall Street wants you to play, of trying to pick stocks and time the market. In his revolutionary new guide, investment professional Larry Swedroe explains why active managers have rarely been able to add value to your portfolio over time. He dispenses with traditional Wall Street wisdom and experts and shows you how to invest the way really smart money invests today. What Wall Street Doesn't Want You to Know tells you exactly what Wall Street doesn't want you to know: how to avoid the pitfalls of short-term thinking and to invest so that you can create more wealth--much more wealth--over the long term.

Index Fund Investing

Swedroe examines active management, passive funds, taxes, and long-term investing strategy.

Come here for

  • The case against active managers adding value over time
  • How taxes shape comparisons with passively managed funds

Expect

  • A challenge to stock-picking and market-timing
  • Advice on avoiding short-term thinking

Where it sits

Investing (Personal)92%
Mutual Funds & ETFs47%
Wealth Management35%

Percentages are BookFrontier’s reading of the book.

Publisher categories

  • Investing
  • Investing (Personal)
Authors
Larry E. Swedroe
Publisher
St. Martin's Press
Published
November 9, 2004
Format
Print & ebook
Reading lane
Investing