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A Wealth of Common Sense: Why Simplicity Trumps Complexity in Any Investment Plan
book

A Wealth of Common Sense: Why Simplicity Trumps Complexity in Any Investment Plan

by Ben Carlson
June 2015
Beginner
224 pages
5h 28m
English
Bloomberg Press
Content preview from A Wealth of Common Sense: Why Simplicity Trumps Complexity in Any Investment Plan

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Defining Market and Portfolio Risk

The stock market is a giant distraction to the business of investing.

—John Bogle

In the 1960s there was a French film called The Lovers (Les Amants). It turned out to be a little risqué for some people in the Midwest. The state of Ohio ruled the film to be obscene and pornographic. The case eventually made it all the way to the Supreme Court, where it was ruled that the movie was not, in fact, too obscene to be viewed by the public. Justice Potter Stewart had this to say when describing the film and pornography in general, “I shall not today attempt further to define the kinds of material I understand to be ...

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Publisher Resources

ISBN: 9781119024859Purchase book