Simple But Not Easy : An autobiographical and biased book about investing / Richard Oldfield.

Format:

Book

Author/Creator:

Oldfield, Richard, 1955- author.

Language:

English

Subjects (All):

Investments.

Physical Description:

1 online resource (213 pages)

Edition:

Second edition.

Place of Publication:

Petersfield, England : Harriman House Ltd, 2021.

Summary:

Described by the author as "a slightly autobiographical and heavily biased book about investing", Simple But Not Easy won fans among both professional and private investors alike when first released in 2007.The theme of the book is that investment is simpler than non-professionals think it is, in that the rudiments can be expressed in ordinary English and picked up by anybody. It is not a science. But investment is also difficult. People on the outside tend to think that anyone on the inside should be able to do better than the market indices. This is not so. Picking the managers who are likely to do better is a challenge.Richard Oldfield begins with a detailed confession of some of his worst mistakes and what they have taught him. He discusses the different types of investment, why fees matter, and the importance of measuring performance properly. He also outlines what to look for (and what not to look for) in an investment manager, when to fire a manager, and how to be a successful client.A cult classic for its candid confessions and sparkling wit, this extended edition of Simple But Not Easy - featuring a new author's preface and a substantial afterword - remains an indispensable companion for all those interested in the rewarding but enigmatic pursuit of investing.

Contents:

Intro

Title

Preface to the Second Edition

Introduction

One: Howlers Galore

Two: Types of Investments

Three: Hedge Funds

Four: Fees

Five: Indices and Index-hugging

Six: Benchmarks

Seven: What to Look for in a Manager

Eight: What Not to Look for in a Manager

Nine: How to be a Successful Client

Ten: When to Fire a Manager

Eleven: Keep Your Distance

Twelve: The Folly of Forecasting

Thirteen: Valuation Matters

Fourteen: Heuristics

Afterword and Acknowledgements - First Edition

Afterword - Second Edition

Acknowledgements - Second Edition

Index

Back Cover.

Notes:

Description based on print version record.

Includes index.

Other Format:

ebook version :

ISBN:

9780857198013

0857198017