Invest Like an Institution: Professional Strategies for Funding a Successful Retirement
Autor Michael C. Schlachteren Limba Engleză Paperback – 22 aug 2013
As an advisor to large pension funds and endowments, Michael Schlachter counts among his clients the elite. Institutional investors like the retirement systems of states and major companies, as well as the largest university endowments, are among the few that consistently outperform the market. Sure, average retail investors can't make the same types of private deals in real estate, private equity, or hedge funds that institutional investors use to reap large returns or offset market volatility. But as this book demonstrates, you can replicate in your own portfolio the very same diversification strategies that large funds employ to achieve long-term gains. To that end, Invest Like an Institution shows how to build a portfolio that is every bit as diversified and risk-controlled as a multi-billion-dollar institutional fund—and a portfolio more likely to result in a happy, financially secure retirement.
Filled with easy-to-implement guidelines that will put you on the path to financial success without encouraging you to chase trends, take on unneeded risks, or spend unnecessary fees, Invest Like anInstitution analyzes:
- Why asset allocation and consistent retirement contributions are the single largest determinant of your success or failure
- The merits of a global portfolio versus those of a home country–biased portfolio
- How newer investment strategies are used by institutional investors to supplement a well-diversified portfolio
- Why fixed income investments are not as safe as most investors think and how to understand their role in your portfolio
- The best alternative asset classes that are readily available to individual investors
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Specificații
ISBN-13: 9781430250593
ISBN-10: 1430250593
Pagini: 200
Ilustrații: XV, 228 p. 60 illus.
Dimensiuni: 178 x 254 x 22 mm
Greutate: 0.34 kg
Ediția:1st ed.
Editura: Apress
Colecția Apress
Locul publicării:Berkeley, CA, United States
ISBN-10: 1430250593
Pagini: 200
Ilustrații: XV, 228 p. 60 illus.
Dimensiuni: 178 x 254 x 22 mm
Greutate: 0.34 kg
Ediția:1st ed.
Editura: Apress
Colecția Apress
Locul publicării:Berkeley, CA, United States
Public țintă
Popular/generalNotă biografică
Michael C. Schlachter is a Managing Director and Principal at Wilshire Associates, a diversified financial services company, and the lead investment consultant to many of the largest pension plans in the United States. Previously, he worked for several years as an equity analyst and trader at Goldman Sachs. Schlachter's experience working as both a hands-on securities analyst/trader and a high-level investment consultant has given him an understanding of the investment industry that ranges from the 40,000-foot view right down to the weeds. He earned an MBA at the University of Chicago's Graduate School of Business and an undergraduate degree from Princeton University.
Caracteristici
In Invest Like an Institution, Michael C. Schlachter reveals that investors looking to boost the returns on their retirement funds without taking on added portfolio risk can do so if they adapt the strategies of one of the few categories of players in the investment arena that consistently outperforms the market: large institutional investors.