{"product_id":"successful-investing-is-a-process-structuring-efficient-portfolios-for-outperformance-9781118459904","title":"Successful Investing Is a Process: Structuring Efficient Portfolios for Outperformance","description":"\u003cb\u003eA process-driven approach to investment management that lets you achieve the same high gains as the most successful portfolio managers, but at half the cost\u003c\/b\u003e \u003cp\u003eWhat do you pay for when you hire a portfolio manager? Is it his or her unique experience and expertise, a set of specialized analytical skills possessed by only a few? The truth, according to industry insider Jacques Lussier, is that, despite their often grandiose claims, most successful investment managers, themselves, can't properly explain their successes. In this book Lussier argues convincingly that most of the gains achieved by professional portfolio managers can be accounted for not by special knowledge or arcane analytical methodologies, but proper portfolio management processes whether they are aware of this or not. More importantly, Lussier lays out a formal process-oriented approach proven to consistently garner most of the excess gains generated by traditional analysis-intensive approaches, but at a fraction of the cost since it could be fully implemented internally.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eProfit from more than a half-century's theoretical and empirical literature, as well as the author's own experiences as a top investment strategist\u003c\/li\u003e \u003cli\u003eLearn an approach, combining several formal management processes, that simplifies portfolio management and makes its underlying qualities more transparent, while lowering costs significantly\u003c\/li\u003e \u003cli\u003eDiscover proven methods for exploiting the inefficiencies of traditional benchmarks, as well as the behavioral biases of investors and corporate management, for consistently high returns\u003c\/li\u003e \u003cli\u003eLearn to use highly-efficient portfolio management and rebalancing methodologies and an approach to diversification that yields returns far greater than traditional investment programs\u003c\/li\u003e \u003c\/ul\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Bloomberg Press\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 01\/21\/2013\u003cbr\u003e\u003cb\u003eISBN:\u003c\/b\u003e 9781118459904\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 384\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.95lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 10.00h x 7.20w x 1.30d","brand":"Jacques Lussier","offers":[{"title":"Default Title","offer_id":41489651630261,"sku":"9781118459904","price":80.75,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0473\/0804\/6492\/products\/img_0155c537-0a9b-42d1-90b7-fb738386d9ac.jpg?v=1640913711","url":"https:\/\/pastforward.org\/products\/successful-investing-is-a-process-structuring-efficient-portfolios-for-outperformance-9781118459904","provider":"Past Forward","version":"1.0","type":"link"}