Lifecycle Investing: A New, Safe, and Audacious Way to Improve the Performance of Your Retirement Portfolio

· Hachette UK
4.0
2 reviews
Ebook
240
Pages
Eligible
Ratings and reviews aren’t verified  Learn More

About this ebook

Diversification provides a well-known way of getting something close to a free lunch: by spreading money across different kinds of investments, investors can earn the same return with lower risk (or a much higher return for the same amount of risk). This strategy, introduced nearly fifty years ago, led to such strategies as index funds.

What if we were all missing out on another free lunch that's right under our noses?

In Lifecycle Investing, Barry Nalebuff and Ian Ayres -- two of the most innovative thinkers in business, law, and economics -- have developed tools that will allow nearly any investor to diversify their portfolios over time. By using leveraging when young -- a controversial idea that sparked hate mail when the authors first floated it in the pages of Forbes& -- investors of all stripes, from those just starting to plan to those getting ready to retire, can substantially reduce overall risk while improving their returns.

In Lifecycle Investing, readers will learn:
  • How to figure out the level of exposure and leverage that's right for you
  • How the Lifecycle Investing strategy would have performed in the historical market
  • Why it will work even if everyone does it
  • When not to adopt the Lifecycle Investing strategy
Clearly written and backed by rigorous research, Lifecycle Investing presents a simple but radical idea that will shake up how we think about retirement investing even as it provides a healthier nest egg in a nicely feathered nest.

Ratings and reviews

4.0
2 reviews

About the author

Ian Ayres is an economist, a lawyer, and the William K. Townsend Professor at Yale Law School. He has written for the New York Times, Wall Street Journal, Financial Times, Slate, and the New Republic, and his research has been featured on PrimeTime Live, Oprah, and Good Morning America. He is the author of ten books, including the bestseller Super Crunchers. A graduate of Yale and MIT, he was elected to the American Academy of Arts and Sciences. He lives in New Haven, Connecticut.

Barry Nalebuff is the Milton Steinbach Professor of Economics and Management at Yale School of Management. He is the author of fifty scholarly articles and multiple books -- including Co-opetition and The Art of Strategy -- and is the cofounder of Honest Tea. A graduate of MIT and a Rhodes Scholar, he earned his doctorate at Oxford University. He lives in New Haven, Connecticut.

Rate this ebook

Tell us what you think.

Reading information

Smartphones and tablets
Install the Google Play Books app for Android and iPad/iPhone. It syncs automatically with your account and allows you to read online or offline wherever you are.
Laptops and computers
You can listen to audiobooks purchased on Google Play using your computer's web browser.
eReaders and other devices
To read on e-ink devices like Kobo eReaders, you'll need to download a file and transfer it to your device. Follow the detailed Help Center instructions to transfer the files to supported eReaders.