Unbeatable Market: Taking the Indexing Path to Financial Peace of Mind

by Ron Ross

Book Overview

With this book learn how to avoid the active management scam that can cost plenty and eat into the retirement nest egg. Ross counsels on giving up on all those beat-the-market strategies pushed by... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 0972223002
• ISBN13: 9780972223003
• Release Date: September 2002
• Publisher: Ron Ross
• Length: 256 Pages
• Weight: 1.28 lbs.
• Dimensions: 0.9" x 6.8" x 8.8"

Customer Reviews

Better than the Best

Wow, this book is simply a must have. I am the holder of an MBA, and am currently researching various aspects of passive investing towards a Ph.D, so am very familiar with the terrain. I bought the book thinking that it would trot out the same old arguments in favour of indexing. Prof. Ross does this, but in a manner that is lucid, unique in its approach and totally convincing. He does not pull his punches, and truly has a remarkable knack of conveying his message in a manner that makes the subject appealing. Even if you do not subscribe to the passive investing philosophy it would do you good to buy the book as it will challenge your existing thinking. If you are one of those that has been burnt by recent market events I encourage you to buy this book first before all others. The next in line would be Four Pillars by William Bernstein.

The Unbeatable Market

Are you frustrated by your investment mistakes? Do you have very little confidence that you will know how to avoid the same mistakes in the future? Join the club!! Here is a book that explains why you feel so helpless, and offers, in my opinion, the only sensible way to invest. Understand this: the best you can hope for is to achieve market returns while managing risk. You will not beat the market, and all the hype of the talking heads and investment magazines is noise, not information. This is a wonderfully informative book that has helped me understand why I have made poor investment choices in the past, and given me a plan of action for the future. If you think you know how to invest and beat the market, lotsa luck. If you want to invest sensibly, read this remarkable book. Note: this is not a book that appeals to your greed with a get rich quick philosophy. Quite the contrary. Dr. Ross takes you on a guided tour of how and why the markets work, why all the hype of Wall Street can be so misleading to investors, and how you can invest efficiently. And efficiency, as Dr. Ross explains, means avoiding waste - wasted money, wasted time, wasted aggrivation. Work smarter, not harder, as I like to say.

terrific read

I am an author of three books on Modern Portfolio Theory and as the director of research for an investment advisory firm I read many books on investing every year---this is one of the best books I have read in recent years, doing a great job of explaining why the markets are efficient. Ron is an excellent teacher, using simple analogies to make often difficult concepts easy to understand. Anyone interested in learning how the market really works, and not how Wall Street wants and needs you to believe it works, (and that should be everyone)should read this book

clear and persuasive

nobody can beat the market consistently, ron ross says, and so nobody should really try. go with the market and you'll stay solvent even in the worst of times. in clear, intelligent english, backing every argument with lots of evidence, ron ross, once a professor of economics and now an investment adviser, provides an overview of modern investment theory that actually makes sense. if the last couple of years have blown your confidence in the stock market, this book will restore your faith.

Look Out Wall Street!

The Unbeatable Market is the clearest statement yet as to why using index funds is the superior investment alternative. The Wall Street crowd will hate this book. It exposes their doomed strategies and uses devastating logic and scientific evidence to prove the case. This is a highly rewarding book to read and quite thought provoking. The Unbeatable Market is destined to become an extremely controversial book, although I feel sorry for anyone taking the other side of the debate.