For the first time, this book exposes exactly how most private investors perform in real life. It shows they are likely to perform 6% a year worse than the industry’s theoretical predictions of their returns (whether using funds or direct investing). The book reveals that many have earned less than if they had saved in a building society.
Part I of the book looks in detail at reasons why investors underperform: poor skill, charges and survivorship bias. The second part turns to the implications for the private investor, the finance industry and regulators.
Monkey with a Pin encourages private investors to review their investing style and strategy to help them achieve better returns.
Part I of the book looks in detail at reasons why investors underperform: poor skill, charges and survivorship bias. The second part turns to the implications for the private investor, the finance industry and regulators.
Monkey with a Pin encourages private investors to review their investing style and strategy to help them achieve better returns.
