The Little Book of Alternative Invest..., Phil DeMuth
The Little Book of Alternative Invest..., Phil DeMuth
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The Little Book of Alternative Investments
Reaping Rewards by Daring to be Different

Author: Phil DeMuth, Ben Stein

Narrator: Don Hagen

Unabridged: 5 hr 39 min

Format: Digital Audiobook Download

Publisher: Ascent Audio

Published: 04/29/2011


Synopsis

Are you underwhelmed with the way your traditional 60/40 portfolio has been performing lately and wondering why? Do you suspect there might be better ways to invest your money, but aren't sure what they are? What about all those "alternative" investments you keep hearing so much about in the media, such as commodities, real estate, emerging market funds, and, of course, that darling of pirates, Medieval monarchs, and radio talk-show hosts everywhere: gold? And how about the legion of new financial products Wall Street keeps spawning like kudzu—exotic creatures with strange-sounding names like "replicants," "100/30s," and "buy/write" funds? How do they work, and do any of them make sense for you?
The Little Book of Alternative Investments gives you complete, detailed answers to all those questions—and a whole lot more. Like a pair of trusty native guides, bestselling investment authors Ben Stein and Phil DeMuth clear a path through the alternative investments jungle. They identify the flora and fauna, stopping along the way to tell you which ones are safe to consume and which ones will consume you, if given half a chance. And they explain in plain English, not Wall Street Swahili, how each product or class of products works (or doesn't work), and how each can be used to help you reduce risk and boost returns.
Just as important, if not more so, Ben and Phil arm you with proven portfolio management strategies that take full advantage of the best of the best alternative products out there. No matter what your budget, level of experience, or tolerance for risk, you'll discover how to use everything from REITs and futures to hedge funds and hedge fund-like mutual funds to shield your money from the bubble-and-bust, hurly-burly of the markets and come out ahead, in all economic climates.
Making the technical simple, the arcane accessible, and the dry laugh-out-loud funny, The Little Book of Alternative Investments is your guide to taming the alternative investments jungle and cultivating an investment portfolio that consistently delivers better-than-market risk-adjusted performance.

Reviews

Goodreads review by Tim on May 29, 2013

This was the best financial book I've ever read. The authors took what could have been a painfully dry subject and, with engaging writing that included clever metaphors relevant to the common man, communicated their thoughts effectively. The primary theme of the book was to balance an investment por......more

Goodreads review by Jay on March 05, 2019

Stein and DeMuth start this volume with the understanding that the reader is willing to invest in non-traditional assets. By non-traditional, we aren’t talking stocks and bonds and cash interest-bearing investments. We are talking commodities, collectibles, gold, real estate, and other investments t......more

Goodreads review by Dzung on February 25, 2014

Good review of current investment vehicles before he promotes hedge funds. He did not describe BDC Business Development Companies and MLP Master Limited Partnership.......more

Goodreads review by Russell on April 18, 2024

This book does a great job of introducing ideas and products available. It provides a primer on when or where these financial products are useful. It then explains why you don't want too much of these in your portfolio. It also examines hedge funds that typically the wealthy mention. The returns on......more

Goodreads review by Eric on October 06, 2023

Pretty accessible and with good level of detail. Great introduction......more