The Evidence-Based Investor

Investing is simple in theory, yet difficult in practice. Investors give up returns and often unknowingly increase risk by falling for one or more of the investment myths. This open access book explores why countless investors keep falling into the same traps, warns against the alluring though deceptive voices of the investment world, and unravels ten specific myths that often lead investors astray. To avoid these pitfalls, a scientifically-based and disciplined approach to investing is presented, one which is centered around only three sub-portfolios. Based on empirical and theoretical insights, this book empowers readers to make smarter, better-informed investment decisions. If you want to master the art of investing and build a prosperous financial future, this book will serve as your essential guide.

This book is open access, which means that you have free and unlimited access Explores ten investment myths and what is needed to conquer them Offers a scientifically based and disciplined approach to investing based on only three sub-portfolios Illustrates how institutional capital market assumptions can be utilized to guide a multi-asset world portfolio

Autorentext

Pascal Böni is a financial economist and Professor of Finance at Tilburg University's School of Economics and Management, and its business school, TIAS, the Netherlands. He is also the CEO of Remaco, a Swiss financial advisory and consulting firm.

Tim Kröncke is a Professor of Finance at the School of Business at the University of Applied Sciences and Arts Northwestern Switzerland, FHNW, where he heads the Institute of Finance. He is also the CIO of Remaco Asset Management.

Inhalt

1. Prologue.- 2. The Performance of Simplicity.- 3. Ten Common Investing Myths Laid Bare.- 4. Principles of Evidence-Based Investing.- 5. The Global Market Portfolio.- 6. The Alpha Portfolio.-

2. The Risk-Free Investment.- 8. Mastering Investment Myths: A Recapitulation.