The Ages of the Investor

  • by William J. Bernstein
  • Narrated by Brian Holsopple
  • 1 hrs and 36 mins
  • Unabridged Audiobook

Publisher's Summary

The Ages of the Investor: A Critical Look at Lifecycle Investing is intended to be the first installment in the Investing for Adults series.
Just as grownups do not believe in the Tooth Fairy, the Easter Bunny, or Santa Claus, "Investing adults" know that there is no such creature as the Stock-picking Fairy or the Market-timing Fairy. Further, there is no Risk Fairy who will write you cheap options that will protect your stock holdings against loss. Investing adults are familiar with Gene Fama, Zvi Bodie, Jack Bogle, and Burton Malkiel, and understand that a mean variance optimizer does not blend vegetables.
In other words, this series is not for beginners.
Future topics will, with luck, include the limits of market efficiency and diversification in increasingly nonsegmented global markets.


See More Like This

Customer Reviews

Most Helpful


This is a valuable introduction to retirement planning, something we all have to consider as soon as we start working, to assure we aren't poverty stricken when we can least afford to be vulnerable.
Read full review

- DS

Best of the best

In my opinion, listen did this audiobook as many times as you can. This would really help understand the whole process. Dr. Bernstein is the best.
Read full review

- Bhaskar Gundabolu

Book Details

  • Release Date: 10-01-2012
  • Publisher: Podium Publishing