LEADER 04644nam 2200733 450 001 9910814296203321 005 20230807221444.0 010 $a1-119-12490-5 010 $a1-119-12491-3 035 $a(CKB)3710000000461413 035 $a(EBL)1977647 035 $a(SSID)ssj0001530512 035 $a(PQKBManifestationID)12629672 035 $a(PQKBTitleCode)TC0001530512 035 $a(PQKBWorkID)11531003 035 $a(PQKB)10745643 035 $a(PQKBManifestationID)16114662 035 $a(PQKB)20498003 035 $a(MiAaPQ)EBC4043061 035 $a(MiAaPQ)EBC1977647 035 $a(DLC) 2015015966 035 $a(CaSebORM)9781119071501 035 $a(EXLCZ)993710000000461413 100 $a20150822h20152015 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aDIY financial advisor $ea simple solution to build and protect your wealth /$fWesley R. Gray, PhD, Jack R. Vogel, PhD, and David P. Foulke 205 $a1st edition 210 1$aHoboken, New Jersey :$cWiley,$d2015. 210 4$dİ2015 215 $a1 online resource (224 p.) 225 1 $aWiley Finance Series 300 $aIncludes index. 311 $a1-119-07150-X 320 $aIncludes bibliographical references at the end of each chapters and index. 327 $aCover; Title Page; Copyright; Contents; Preface; Acknowledgments; Part 1 Why You Can Beat the Experts; Chapter 1 Are Experts Trying Too Hard?; Why Do We Rely on Experts?; What Are the Experts' Incentives?; Are Experts Worthless?; The Expert's Hypothesis; Summary; Notes; Chapter 2 Simple Models Typically Beat the Experts; The Evidence Shows...²; A Study of All the Studies; What if Experts Have the Model?; But Investing Is Different, Right?; Why Experts Fail to Beat Models; Summary; Notes; Chapter 3 Experts Are Biased and Overconfident; The Biased Brain; Summary; Notes 327 $aChapter 4 Experts Tell Us Stories, Not FactsStory-Based Investing; Evidence-Based Investing; The Recap: Why Experts Fail; Why Not Use Models?; Summary; Notes; Part 2 How You Can Beat the Experts; Chapter 5 A Framework for Investment Decisions; Assessing an Advisor is Difficult; The FACTS Framework; We've Got the FACTS: Now What?; Summary; Notes; Chapter 6 A Simple Asset Allocation Model That Works; Asset Allocation; A Simple Asset Allocation Model That Works; But Which Assets Do We Choose?; Summary; Notes; Chapter 7 A Simple Risk Management Model That Works 327 $aA Simple Risk Management Model That WorksHow Does ROBUST Work?; Summary; Risk Management Research (For Geeks Only); Notes; Chapter 8 Simple Security Selection Models That Work; Value Investing; Momentum Investing; A Simple Momentum Model That Works; Combining Value and Momentum; International Stocks; Get `Er Done; Summary; Notes; Chapter 9 The Do-It-Yourself (DIY) Solution; Exploring a Simple Equal-Weight Five Asset Class Model; Enhancing the Ivy 5 Concept; Finish Strong: The Ultimate DIY Solution; Get `Er Done; Notes; Chapter 10 Some Practical Advice 327 $aThree Reasons We Will Not Be a DIY InvestorThree Reasons You Might Fail; But Don't Lose Hope!; Is DIY the Only Solution?; Notes; Appendix: Analysis Legend; About the Companion Website; About the Authors; Index; EULA 330 $a DIY Financial Advisor: A Simple Solution to Build and Protect Your WealthDIY Financial Advisor is a synopsis of our research findings developed while serving as a consultant and asset manager for family offices. By way of background, a family office is a company, or group of people, who manage the wealth a family has gained over generations. The term 'family office' has an element of cachet, and even mystique, because it is usually associated with the mega-wealthy. However, practically speaking, virtually any family that manages its investments-independent of the size of the investment pool-c 410 0$aWiley finance series. 517 3 $aDo it yourself financial advisor 606 $aPortfolio management 606 $aFamilies$xEconomic aspects 606 $aWealth$xManagement 606 $aInvestment advisors 615 0$aPortfolio management. 615 0$aFamilies$xEconomic aspects. 615 0$aWealth$xManagement. 615 0$aInvestment advisors. 676 $a332.024 700 $aGray$b Wesley R.$0857158 702 $aVogel$b Jack R.$f1983- 702 $aFoulke$b David P.$f1966- 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910814296203321 996 $aDIY financial advisor$93966294 997 $aUNINA