The Intelligent Fund Investor
eBook - ePub

The Intelligent Fund Investor

Practical steps for better results in active and passive funds

  1. English
  2. ePUB (mobile friendly)
  3. Available on iOS & Android
eBook - ePub

The Intelligent Fund Investor

Practical steps for better results in active and passive funds

About this book

Investing in funds is not straightforward. We are faced with a countless range of options and constantly distracted by meaningless noise and turbulent markets. To make matters worse, our flawed beliefs and behavioural biases lead to repeated and costly mistakes, such as a damaging obsession with past performance and a dangerous attraction to thematic funds. There is a solution—a more intelligent way to invest in funds. In The Intelligent Fund Investor, experienced portfolio manager and behavioural finance expert Joe Wiggins brings simplicity and clarity to fund investing. Each chapter of this fascinating and highly readable book focuses on a vital element of investing in funds—exploring how and why investors can get it badly wrong, and providing direct, actionable steps for better results. Joe reveals: why we should avoid investing with star managers; how to decide between active and passive funds; why we should beware of smooth performance and captivating stories; why risk is far more than just volatility; the importance of a long time horizon; and much, much more. Using a combination of stories, empirical evidence and experience, Joe gives all fund investors—active and passive—what they need to reassess their beliefs, understand their biases, and make better investment decisions.

Frequently asked questions

Yes, you can cancel anytime from the Subscription tab in your account settings on the Perlego website. Your subscription will stay active until the end of your current billing period. Learn how to cancel your subscription.
At the moment all of our mobile-responsive ePub books are available to download via the app. Most of our PDFs are also available to download and we're working on making the final remaining ones downloadable now. Learn more here.
Perlego offers two plans: Essential and Complete
  • Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
  • Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.4M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
Both plans are available with monthly, semester, or annual billing cycles.
We are an online textbook subscription service, where you can get access to an entire online library for less than the price of a single book per month. With over 1 million books across 1000+ topics, we’ve got you covered! Learn more here.
Look out for the read-aloud symbol on your next book to see if you can listen to it. The read-aloud tool reads text aloud for you, highlighting the text as it is being read. You can pause it, speed it up and slow it down. Learn more here.
Yes! You can use the Perlego app on both iOS or Android devices to read anytime, anywhere — even offline. Perfect for commutes or when you’re on the go.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Yes, you can access The Intelligent Fund Investor by Joe Wiggins in PDF and/or ePUB format, as well as other popular books in Personal Development & Personal Finance. We have over one million books available in our catalogue for you to explore.

Information

Publisher
Harriman House
Year
2022
Print ISBN
9780857198761
eBook ISBN
9780857198778
Topic
Personal Development
Subtopic
Personal Finance

Table of contents

  1. Contents
  2. Introduction
  3. Prologue: It’s a Matter of Beliefs and Behaviour
  4. Chapter 1: Don’t Invest in Star Fund Managers
  5. Chapter 2: The Death of Active Funds Has Been (Somewhat) Exaggerated
  6. Chapter 3: Smooth Fund Performance Conceals Risk
  7. Chapter 4: Choose Simple Over Complex
  8. Chapter 5: Great Stories Make for Awful Investments
  9. Chapter 6: Investment Risk Is not Volatility; It Is Disaster and Disappointment
  10. Chapter 7: Past Performance Is a Terrible Way to Select a Fund
  11. Chapter 8: The Incentives of Asset ManagerS Are Not Aligned with Their Investors
  12. Chapter 9: A Long Time Horizon Is a Fund Investor’s Greatest Advantage
  13. Chapter 10: Seeing Beyond the Myths and Marketing of ESG Investing
  14. Conclusion
  15. Acknowledgements
  16. About the Author
  17. Publishing details