Praise for Invest Like A Fox. . . Not Like A Hedgehog "We've known Bob for years as Trustee and Chairman at Fairfax County Employees' Retirement System. Under Bob's leadership, Fairfax County has moved ahead of the curve by pursuing forward-looking and innovative investment solutions that are enormously beneficial for its members. We pay very close attention to what Bob has to say." --Dan Bernstein, Director of Research, Bridgewater Associates, Inc. "A thoughtful, thorough evaluation of the dynamic processes required to achieve investment success. This book clearly establishes that the only formula for success is a disciplined focus on the way to analyze markets, not on statistical formulas that trigger preprogrammed responses. The essential focus on managing risk and the willingness to pursue strategies that diverge from the crowd are pearls of wisdom that would be worthwhile reading for individual and institutional investors alike." --Thomas H. Weaver, CFA, Managing Director, FrontPoint Partners,Morgan Stanley Investment Management In the competitive world of investing, most individuals earn less than 7% annually--even during good markets. Individual investors are not the only ones reaping lower than expected returns. Many institutional investors, such as mutual funds and pension plans, frequently earn less than their targeted goals. While making money in today's investment arena can be difficult, the key to success lies in acquiring the adaptability of a fox and abandoning the rigid beliefs that define a hedgehog. With Invest Like a Fox . . . Not Like a Hedgehog, financial professional Robert Carlson will show you exactly how this can be accomplished. Written in a straightforward and accessible style, Invest Like a Fox . . . Not Like a Hedgehog outlines a proven approach to long-term investing that focuses on reducing risk while improving returns. Filled with in-depth insights and expert advice, this detailed guide will change the way you think about investing and assist you in developing an investment strategy that will work in today's dynamic markets.