Год выпуска: 2005 Автор: Michael Oyster Издательство: Страниц: 0 ISBN: 1419511300
Описание
Book DescriptionCan a celebrity fund manager truly beat the market? Can an individual investor fiddling with a blue chip portfolio achieve a stellar rate of return? "Not likely," says veteran analyst Mike Oyster. "Our low-return world calls for cutting-edge solutions." In Mission Possible, financial whiz Oyster demystifies investing in today’s volatile climate. Written for intermediate and advanced investors, this book provides a highly critical review of "active management" investment practices. Showing that active investing provides only an illusion of control, the author tells readers exactly how to outperform the market without ever timing it or picking stocks. According to Oyster, the convergence of new theory, regulation, and technology will inhibit traditional active investors from achieving their goals. Lightning-fast delivery of electronic data gives everyone the same information at the same time. Mission Possible also debunks the myth of the "alpha edge"-that...
