Money – Protect and Grow

As the stock market has risen to ever-greater heights in recent years, high-tech stocks have led the way. But how many investors, though up to their ears in tech stocks, truly understand what they own? Michael Murphy, editor of the California Technology Stock Letter, makes it his business to understand the breakthroughs in science and engineering that are reshaping our lives. His book, Every Investor’s Guide to High-Tech Stocks and Mutual Funds, is a useful guide for investors, both beginners and pros. It includes rundowns on the latest trends in semiconductors, computers, software, communications, and medical technology. This second edition includes a chapter on investing in Internet stocks. Murphy presents his own strategy for picking tech stocks, and offers recommendations of stocks and technology mutual funds that may have the best long-term prospects.
–This text refers to an out of print or unavailable edition of this title.

A Wired columnist and the founder and editor of the top-rated newsletter California Technology Stock Letter, Murphy gives advice on investing in high-tech stocks.
Copyright 1997 Reed Business Information, Inc.
–This text refers to an out of print or unavailable edition of this title.

A noted money manager shows mutual fund investors how to build portfolios that maximize mutual fund returns while minimizing risk, offering strategies for moving between funds and model portfolios to suit a wide variety of individual needs.

A noted money manager shows mutual fund investors how to build portfolios that maximize mutual fund returns while minimizing risk, offering strategies for moving between funds and model portfolios to suit a wide variety of individual needs.

A noted money manager shows mutual fund investors how to build portfolios that maximize mutual fund returns while minimizing risk, offering strategies for moving between funds and model portfolios to suit a wide variety of individual needs.

A noted money manager shows mutual fund investors how to build portfolios that maximize mutual fund returns while minimizing risk, offering strategies for moving between funds and model portfolios to suit a wide variety of individual needs.

A noted money manager shows mutual fund investors how to build portfolios that maximize mutual fund returns while minimizing risk, offering strategies for moving between funds and model portfolios to suit a wide variety of individual needs.

Using a 12-Step Program for Active Investors, author Mark T. Hebner delivers investing facts straight-up, with supporting quotes from Nobel Prize winners. The dozens of original art paintings throughout the book (by Lala Ragimov) lend humanity and humor to a serious and thought-provoking subject.

Hebner begins with the little-known fact that markets usually outperform managers, and he sets out to prove this conclusion in a modern, understandable, and intelligent book. After his “lack of understanding of how markets worked had cost me a mind-boggling amount of money, ” Hebner researched his portfolio’s performance and realized his knowledge could help investors “break these destructive patterns of investing.”

The author makes a profound argument for going against the common assumption that investors need to actively manipulate their portfolios in order to out-guess the unpredictable and random attributes of the movements of stocks, markets, managers, and styles.

–Joan Phelps – Forward Magazine

Index Funds: The 12-Step Program for Active Investors is the treatment of choice for wayward investors. John Bogle called Hebner s book “incredibly handsome and wise,” while Burton Malkiel stated that “Hebner gives good advice presented in a very appealing manner.” Nobel Laureate Paul Samuelson calls it “a valuable reference,” and Anders Oldenger of Seligson & Company nominated it as one of the three “All-time Greatest Investment Books,” along with the writings of John Bogle and Warren Buffett.

Hebner s book addresses why an overwhelming majority of investors continue to embrace an active investing strategy, despite the extensive academic research demonstrating its ineffectiveness to beat a market index and the overall futility of such a strategy. Speculating on the next winning stock, fund manager, investment style or market timing are all akin to gambling. Below market returns in investment portfolios and pension accounts are the result of investors gambling with their hard earned money. This 12-Step Program will put active investors on the road to recovery. Each step is designed to bring investors closer to embracing a prudent and sound strategy of buying, holding, and rebalancing a risk-calibrated portfolio of passively managed, globally diverse index funds.

A noted money manager shows mutual fund investors how to build portfolios that maximize mutual fund returns while minimizing risk, offering strategies for moving between funds and model portfolios to suit a wide variety of individual needs.

A professional’s guide to the world of hedge fund investing

Throughout the financial crisis of 2008, many hedge funds suffered massive losses and were often blamed for the extreme market upheavals. In the wake f the crisis, hedge funds remain a source of fascination for the media, legislators, and investors, mostly due to misunderstanding. Historically portrayed as risky investment funds for the very wealthy run by swashbuckling traders, the truth is hedge funds are simply an investment vehicle designed to generate superior returns and reduce an investor’s overall portfolio risk.

Investors have good reasons to remain fascinated with hedge funds. Although many individual funds have underperformed or collapsed, hedge funds as a whole have provided solid returns while reducing risks. Savvy institutions have invested in hedge funds for many years and have made them a large and powerful force in the markets. Investing in hedge funds requires sophisticated knowledge, understanding, skill, access, and experience. Individuals and institutions, whether they are new to hedge funds or need to improve, can find those attributes in the stories of the successful hedge fund investors profiled in Hedge Fund Investors.

Hedge Fund Investors chronicles the challenges and rewards these investors face, in selecting hedge fund managers, managing risks, and constructing portfolios. In revealing conversations, leading hedge fund investors who place hundreds of billions of dollars in hedge funds, share their philosophies, strategies, and advice.

• Profiles a variety of different investors from the pioneers in hedge fund investing to managers for high net-worth individuals and fund of funds investors
• Discusses winners and losers in the recent market decline, problematic hedge fund strategies, and how these current events will change future strategies
• Provides lessons, insights, and advice beneficial to all hedge fund investors

Engaging and informative, Hedge Fund Investors will prove valuable to anyone involved in placing money with hedge funds, as well as hedge funds who seek to better understand their clients.

A noted money manager shows mutual fund investors how to build portfolios that maximize mutual fund returns while minimizing risk, offering strategies for moving between funds and model portfolios to suit a wide variety of individual needs.