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.

eBook - ePub
Simple But Not Easy, 2nd edition
A practitioner's guide to the art of investing (Expanded second edition of the investing cult classic)
- English
- ePUB (mobile friendly)
- Available on iOS & Android
eBook - ePub
Simple But Not Easy, 2nd edition
A practitioner's guide to the art of investing (Expanded second edition of the investing cult classic)
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INDEX
13D, 45, 269
Adami, Manfred, 113
Adamson, John, 30
Aetna Life & Casualty, 266
Agtmael, Antoine van, 38–40
AIDS, 45
AIG, 200
Aiken, Adam, 259
Albert, Prince viii
Allen, Gubby, 198
Alta Advisers, 236
Amaranth, 74
Amazon, 245
Arbib, Sir Martyn, 204
Arnott, Robert, 112
Arrow, Kenneth, 130, 208
Bachop, Norman, 37, 237
Bagehot, Walter, 272
Bailey, 256
Bain & Co., 251
Ballmer, Steve, 201
Bank of England, 51, 250
Barclays Capital, 31, 33
Baring, Julian, 52–4
Barra, Mary, 269
Barrick Gold, 255
Barron’s, 163, 243, 254
Baupost Group, 63, 89, 222
Bear Stearns, 32
Beaufort, Duke of, 207
Bedlam Asset Management, 90
Berkshire Hathaway, 139, 163–4, 206, 259–60
Bernanke, Ben, 255
Bernstein, Peter, 33, 50, 51, 91, 148
Bernstein, Richard, 41
Blair, Alistair, 88
Blakeney Management, 183, 189, 193
Bogle, John, 160–1, 193
Booth, John, 237
Boothby, Lord, 234–5
Botton, Gilbert de, 101
Bridgewater Associates, 64
Britannia Arrow, 226
British Rail, 56
Brown, Gordon, 51, 235
Browne, Chris, 237
Bruce, Alistair, 88
Buffett, Warren, 27, 72, 137, 139, 163, 201, 204, 205, 219, 223, 259–60, 263, 280
Burgess, James, 237
Cairncross, Alan, 275
Caldecott, Dominic, 16
Cambridge Associates, 158, 160, 287
Camping, Harold, 240
Capital Group, 143...
Table of contents
- Cover
- 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
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Yes, you can access Simple But Not Easy, 2nd edition by Richard Oldfield in PDF and/or ePUB format, as well as other popular books in Business & Investments & Securities. We have over 1.5 million books available in our catalogue for you to explore.