Edesess M. The big investment lie: what your financial advisor doesn't want you to know / M.Edesess. - San Francisco: Berrett-Koehler publ., 2007. - XI, 298 p. - Bibliogr.: p.283-285. - Ind.: p.287-296. - Пер. загл.: Ложь больших инвестиций: что ваш финансовый советник не хочет, чтобы вы знали. - ISBN 978-1-57675-407-8  Место хранения:   02 | Отделение ГПНТБ СО РАН | Новосибирск

Оглавление / Contents

Preface ........................................................ ix Introduction: Excuse Me, Is This the "Real" World? .............. 1 Part I: How Much You Pay ........................................ 7 1 The Beardstown Ladies versus the Professionals ............... 9 2 The Extraordinarily High Cost of Investment Advice .......... 23 3 The Outer Limits: Hedge Fund Fees ........................... 39 4 Taxes Down the Drain ........................................ 51 5 Why Do We Give Golden Crumbs to Rich People? ................ 61 Part II: How Little You Get .................................... 71 6 Why Investment Professionals Can't Predict Markets .......... 73 7 The Abject Failure of Professional Advisors and Managers .... 87 8 The Market Can Turn on a Dime .............................. 105 9 The Claims of Money Managers: "Smoking Our Brand Prevents Cancer" .................................................... 115 10 Idle, Greedy Hands and Too Much Data Do the Devil's Work ... 127 11 The Simple Rules of Nobel Prize Winners .................... 141 12 There's No Such Thing as a Free Lunch ...................... 149 13 Investment Genius or the Thousandth Coin? .................. 159 Part III: How You Are Sold .................................... 169 14 Effective Pitches to Sell the Big Lie ...................... 171 15 How Investors Delude Themselves ............................ 185 16 How Hedge Funds Operate and Are Sold ....................... 197 17 How Consultants and Money Managers Sell to Institutional Investors .................................................. 213 18 Derivatives: The Good, the Bad, and the Ugly ............... 225 19 The Modern Slippery Slope of Business Ethics ............... 239 Conclusion: The Ten New Commandments for Smart Investing ...... 253 Notes ......................................................... 263 Glossary ...................................................... 271 Bibliography .................................................. 283 Index ......................................................... 287 About the Author .............................................. 297