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Buy and Hold is Still Dead (Again): The Case for Active Portfolio Management in Dangerous Markets

Kenneth R. Solow




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 | #1800630 in eBooks |  2016-01-26 |  2016-01-26 | File type: PDF

||0 of 0 people found the following review helpful.| Essential reading|By NBO|I've now read both the first "edition" and this newer edition. For those who read the first edition, I couldn't say there was a huge difference. This newer book is updated a bit but the basic message is pretty much the same. Solow makes the compelling argument that blindly following modern portfolio strategies is a gamble of potentially immense propo| |“Solow’s one-two punch book delivers a compelling account that the old conventional wisdom of buy-and-hold should be a relic of history. The modern understanding of secular stock market cycles drives his compelling knockout that active portfolio ma

The current academic and financial planning industry definitions of “risk” are changing quickly, but the notion of what constitutes a risky investment strategy 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 strategy during long-term bear markets. The fact is, patiently waiting for stocks to deliver...

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