Unconventional Success
A Fundamental Approach to Personal Investment
by:
David F. Swensen
in:
Investing
Summary:
The book provides a blueprint for individual investors to achieve market success by adopting a long-term, disciplined investment approach, focusing on a diversified, low-cost portfolio that mirrors endowment strategies. It critiques the mutual fund industry and offers practical advice on constructing a personal investment plan using exchange-traded funds and other financial instruments.
Key points:
1. Diversification: Swensen advises spreading investments across various asset classes to reduce risk and boost potential returns.
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