Reasons to Pass: A Guide to Making Fewer and Better Investments | Agenda Bookshop Skip to content
Selected Colleen Hoover Books at €9.99c | In-store & Online
Selected Colleen Hoover Books at €9.99c | In-store & Online
A01=Ralph Birchmeier
Age Group_Uncategorized
Age Group_Uncategorized
Author_Ralph Birchmeier
automatic-update
Category1=Non-Fiction
Category=KFFM
COP=United States
Delivery_Delivery within 10-20 working days
Language_English
PA=Available
Price_€20 to €50
PS=Active
softlaunch

Reasons to Pass: A Guide to Making Fewer and Better Investments

English

By (author): Ralph Birchmeier

Confidence and conviction are the keys to success in asset management. Analysts projecting these traits become more likely candidates for promotion; clients gravitate to portfolio managers who radiate assurance about future performance. However, these qualities do a disservice to optimal decision making and long-term investment performance. The future is too complex to justify such levels of confidence.

In Reasons to Pass, the seasoned practitioner Ralph Birchmeier argues that an optimal portfolio-building strategy means patiently waiting for the few investments worthy of capital allocation. He outlines the principles required for success then examines specific reasons to pass on investments, detailing behavioral biases that disrupt optimal decision making. Although professional and retail investors alike are tempted by various opportunities, the wisdom of experience proves the value of prudence. An investing strategy built to last requires humility and the willingness to accept uncertainty; most of the time, its best to pass.

Reasons to Pass brings investing back to the basics, helping readers navigate the complexity of the financial landscape and bringing clarity to the investment process. By underscoring the perils of overconfidence and the importance of humility, this book offers invaluable new perspective on investing for the long term. See more
Current price €35.99
Original price €39.99
Save 10%
A01=Ralph BirchmeierAge Group_UncategorizedAuthor_Ralph Birchmeierautomatic-updateCategory1=Non-FictionCategory=KFFMCOP=United StatesDelivery_Delivery within 10-20 working daysLanguage_EnglishPA=AvailablePrice_€20 to €50PS=Activesoftlaunch
Delivery/Collection within 10-20 working days
Product Details
  • Dimensions: 152 x 229mm
  • Publication Date: 07 Mar 2023
  • Publisher: Columbia University Press
  • Publication City/Country: United States
  • Language: English
  • ISBN13: 9780231207089

About Ralph Birchmeier

Ralph Birchmeier was a CPA became a CFA charterholder and worked at Brandes Investment Partners LP as a global equity analyst and investment committee member for nearly twenty years building global equity portfolios. Today he is a private investor and guest lecturer on accounting finance and valuation.

Customer Reviews

Be the first to write a review
0%
(0)
0%
(0)
0%
(0)
0%
(0)
0%
(0)
We use cookies to ensure that we give you the best experience on our website. If you continue we'll assume that you are understand this. Learn more
Accept