The Little Book That Saves Your Assets: What the Rich Do to Stay Wealthy in Up and Down Markets

by David M. Darst

Book Overview

If you've ever wondered how investors continue to see substantial market-beating investment returns with portfolios that just seem to grow and grow, The Little Book that Saves Your Assets: What the... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 0470250046
• ISBN13: 9780470250044
• Release Date: August 2008
• Publisher: John Wiley & Sons
• Length: 207 Pages
• Weight: 0.60 lbs.
• Dimensions: 0.9" x 5.3" x 7.2"

Customer Reviews

Another classic added to the Darst pantheon!

After reading every one of David Darst's asset allocation classics, I have to say that this latest work is by far the most readable and enjoyable yet. David's inimitable style and wisdom shine though, and his writing is, at last, as captivating as his television appearances. Can't wait to see David Darst gives us next, though I will be savoring this one for a long time.

The Little Book that Could...change your fortunes.

This latest installment in publisher John Wiley & Sons' "Little Book" series of investment books, could be the most important and relevant one for a mainstream investor's portfolio, especially in these trying times. Serial investment Author David Darst brings an life-time of professional, world-class blue-chip investment expertise to bear in this concise little tome. A good example of this is David's "Objective-Based Asset Allocation" discussion in Chapter four. In pragmatic and humorous language, he explains the nuts and bolts of determining the most important part of any investment portfolio, the Asset Allocation, that's best suited to the personal needs of the investor. The book is helpful for both novice and experienced investors, bringing together a medley of time-tested investment principles in a really fresh way. What's remarkable is that David manages to distill the institutional-grade investment allocation advice from his earlier, larger books, into clear investment mantras for the individual. Highly Recommended.

Absolutely the best little investment book ever!

I keep the The Little Book That Save your Assets on my nightstand and read it so that I can get a good nights rest thinking about my savings and investments! It is an easy read and David Darst explains financial terms in such a way that it is easy to grasp and apply to your life! We all need an Uncle Frank and David Darst is the only one who can fill those shoes!

Excellent Asset Allocation Book!

The Little Book That Saves Your Assets is an incredibly accessible and insightful book about the key steps to effectively achieve one's optimal asset allocation strategy. I have read several of the other Little Book series and this is definitely my favorite as David Darst impressively integrates the art and science of asset allocation in a very readable format. He includes sports teams, house building, and horse racing metaphors that make the lessons easy to understand and highly enjoyable to read. He also has created several useful new frameworks including the asset allocation clock to facilitate his ideas. The forward by Jim Cramer gives some very interesting background on his admiration for the author and the book received a number of other well-deserved endorsements by legends in the field. I feel more confident tackling the markets and devising my own asset allocation plan after reading this book. Thank you David Darst!

A Must Read For Any Individual Investor

David Darst explains the biggest investment secret in the fourteen chapters of The Little Book That Saves Your Assets: Asset Allocation. This book provides investors with a knowledge of a in-depth analysis on individual asset class, objective based asset allocation, strategic asset allocation, tactical asset allocation, correlations, compounding and reinvesting, portfolio protection, efficient frontier, manager selection, and other important concepts for building and retaining wealth. I especially appreciate the straight-forward exhibits which explain to me what I need each asset class for. Also, check out the appendix in the back for personalized advice and answer the questions about your investment profile, investment outlook, and investment selection. I highly recommend this book to anyone who is serious about investing. This book is a must read and so important for investors, especially in the light of the current financial conditions.