Simple But Not Easy (Second Edition) by Richard Oldfield

Simple But Not Easy (Second Edition) by Richard Oldfield

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Summary

A cult classic for its candid confessions and sparkling wit, this extended edition of Simple But Not Easy remains an indispensable companion for all those interested in the rewarding but enigmatic pursuit of investing.

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Simple But Not Easy (Second Edition) by Richard Oldfield

Described by the author as a slightly autobiographical and heavily biased book about investing, Simple But Not Easy won fans among both professional and private investors alike when first released in 2007. The theme of the book is that investment is simpler than non-professionals think it is, in that the rudiments can be expressed in ordinary English and picked up by anybody. It is not a science. But investment is also difficult. People on the outside tend to think that anyone on the inside should be able to do better than the market indices. This is not so. Picking the managers who are likely to do better is a challenge. Richard Oldfield begins with a detailed confession of some of his worst mistakes and what they have taught him. He discusses the different types of investment, why fees matter, and the importance of measuring performance properly. He also outlines what to look for (and what not to look for) in an investment manager, when to fire a manager, and how to be a successful client. A cult classic for its candid confessions and sparkling wit, this extended edition of Simple But Not Easy - featuring a new author's preface and a substantial afterword - remains an indispensable companion for all those interested in the rewarding but enigmatic pursuit of investing.
Richard Oldfield was chief executive until 2017 of Oldfield Partners LLP, which manages equity portfolios for families, trusts, charities, endowment funds and pension funds with an approach the firm describes as long-only, concentrated, value-focused, and index-ignorant.
SKU Unavailable
ISBN 13 9780857198006
ISBN 10 0857198009
Title Simple But Not Easy (Second Edition)
Author Richard Oldfield
Condition Unavailable
Binding Type Paperback
Publisher Harriman House Publishing
Year published 2021-12-14
Number of pages 294
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
Note Unavailable