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Free Download Unconventional Success: A Fundamental Approach to Personal Investment (Audiobook)
English | ASIN: B0D9KX33GZ | 2024 | 14 hours and 56 minutes | M4B@64 kbps | 426 MB
Author: David F. Swensen
Narrator: Scott R. Pollak
From The best-selling author, the definitive template for institutional fund management, returns with an audiobook that shows individual investors how to manage their financial assets. In Unconventional Success, investment legend David F. Swensen offers incontrovertible evidence that the for-profit mutual-fund industry consistently fails the average investor. From excessive management fees to the frequent churning of portfolios, the relentless pursuit of profits by mutual-fund management companies harms individual clients. Perhaps most destructive of all are the hidden schemes that limit investor choice and reduce returns, including pay-to-play product-placement fees, stale-price trading scams, soft-dollar kickbacks, and 12b-1 distribution charges. Even if investors manage to emerge unscathed from an encounter with the profit-seeking mutual-fund industry, individuals face the likelihood of self-inflicted pain.