#x98;The#x9C; four pillars of investing lessons for building a winning portfolio

Review The Four Pillars of Investing offers a comprehensive, incisive and pithy treatment of the issues. -- Barron's; May 27, 2002 Product Description Sound, sensible advice from a hero to frustrated investors everywhere William Bernstein's The Four Pillars of Investing gives investors the tools they need to construct top-returning portfolios­­without the help of a financial adviser. In a relaxed, nonthreatening style, Dr. Bernstein provides a distinctive blend of market history, investing theory, and behavioral finance, one designed to help every investor become more self-sufficient and make betterinformed investment decisions. The 4 Pillars of Investing explains how any investor can build a solid foundation for investing by focusing on four essential lessons, each building upon the other. Containing all of the tools needed to achieve investing success, without the help of a financial advisor, it presents: Practical investing advice based on fascinating history lessons from the market Exercises to determine risk tolerance as an investor An easy-to-understand explanation of risk and reward in the capital markets Presents advice on constructing top-returning portfolios without the help of a financial adviser, using a blend of market history, investment theory, and behavioral finance to help investors become more self-sufficient and make better informed investment decisions Presents advice in developing a financial portfolio by examining the theory, history, psychology and business of investing William J. Bernstein. Includes Bibliographical References (p. 299-303) And Index.