#16637
Mentioned in 3 episodes
The Missing Billionaires: A Guide to Better Financial Decisions
Book • 2023
The Missing Billionaires: A Guide to Better Financial Decisions addresses the puzzle of why there are no billionaire heirs from generations-old fortunes despite optimal financial conditions.
The book focuses on the critical mistake of poor risk decisions in both investing and spending.
It provides a simple yet powerful framework for making important lifetime financial decisions, starting with the theory of optimal investment sizing, covering lifetime financial decision-making, and including practical implementation details.
The authors draw on their extensive experience in finance and wealth management to offer practical advice and case studies, making the book accessible to readers with a baseline level of financial literacy.
The book focuses on the critical mistake of poor risk decisions in both investing and spending.
It provides a simple yet powerful framework for making important lifetime financial decisions, starting with the theory of optimal investment sizing, covering lifetime financial decision-making, and including practical implementation details.
The authors draw on their extensive experience in finance and wealth management to offer practical advice and case studies, making the book accessible to readers with a baseline level of financial literacy.
Mentioned by
Mentioned in 3 episodes
Erwähnt von Thomas Rappold , der in der Zeitschrift Economist einen Artikel darüber gelesen hat und es bestellt hat.
30 snips
Die 12 Zukunftsaktien des Silicon-Valley-Kenners
Recommended by Victor Hagani as a book containing their thinking about risk, return, sensible long-term investing, and spending policies.
13 snips
Wall Street Pro Reveals Why He Ditched Trading for Index Funds
Mentioned by Mark Rzepczynski as a book with interesting research on perfect information in trading.
SI322: Market Narratives and the Unpredictable Alpha ft. Mark Rzepczynski
