Overview
Patience May Be A Virtue, But It Isn't An Investment Strategy The current academic and financial planning definitions of """"risk"""" are changing at light speed, but the notion of what constitutes """"risky"""" investment strategy for informed investors is still stuck in the dark ages. Wealth management expert Kenneth Solow takes a fresh look at the investment industry's reliance on Buy-and-Hold investing, exposing the flaws and potential dangers of this investment approach in secular bear markets. Patiently waiting for stocks to deliver historical average returns does not rise to the level of an investment strategy, according to Solow, who recommends a different approach called Tactical Asset Allocation. A provocative and thoughtful critique of the current state of the money management industry, Buy and Hold is Dead (AGAIN) is an invaluable investment guide for our financially challenging times.
Full Product Details
Author: Kenneth R Solow
Publisher: Morgan James Publishing llc
Imprint: Morgan James Publishing llc
Dimensions:
Width: 15.10cm
, Height: 2.10cm
, Length: 22.70cm
Weight: 0.494kg
ISBN: 9781600376207
ISBN 10: 1600376207
Pages: 340
Publication Date: 21 May 2009
Audience:
General/trade
,
General
Format: Paperback
Publisher's Status: Active
Availability: In Print
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Reviews
. ..If the government fails to mop up the recent flood of liquidity, active asset allocation, as Solow advocates, will be required to adjust for a dangerous new inflation environment. This is an excellent book for financial advisors. -- Steve Leuthold Founder and Chief Investment Officer, The Leuthold Group
.. .If the government fails to mop up the recent flood of liquidity, active asset allocation, as Solow advocates, will be required to adjust for a dangerous new inflation environment. This is an excellent book for financial advisors. -- Steve Leuthold Founder and Chief Investment Officer, The Leuthold Group
. ..If the government fails to mop up the recent flood of liquidity, active asset allocation, as Solow advocates, will be required to adjust for a dangerous new inflation environment. This is an excellent book for financial advisors. -- Steve Leuthold Founder and Chief Investment Officer, The Leuthold Group
.. . If the government fails to mop up the recent flood of liquidity, active asset allocation, as Solow advocates, will be required to adjust for a dangerous new inflation environment. This is an excellent book for financial advisors. -- Steve Leuthold Founder and Chief Investment Officer, The Leuthold Group
Author Information
Kenneth R. Solow, CFP, CLU, ChFC is a founding partner and Chief Investment Officer with Pinnacle Advisory Group, Inc., a Registered Investment Advisor providing Private Wealth Management services to more than 500 families in the Mid-Atlantic Region and around the world. As Chief Investment Officer, Solow is responsible for the research direction and management of Pinnacle's investment analysts, as well as the philosophy, tactics, and trading strategy for more than half a billion dollars of assets. Solow has over 25-years of experience as a financial planner working directly with clients, and is nationally known for his views on active portfolio management and Tactical Asset Allocation strategy.
