| While it's difficult to outperform the market year in and year out, some people continue to earn substantial market-beating returns from their portfolios. How do they do it? With the help of savvy asset allocation strategies, such as those developed by author David Darst, one of the world's leading thinkers in the field of asset allocation. Now, with The Little Book That Saves Your Assets, Darst discusses how readers can invest like the rich by implementing this proven approach in their everyday investment endeavors.
Based on brilliant thinking and innovative research, this book is crisp, clear, and down-to-earth. It explores both the art and science of asset allocation and makes this crucial method accessible to anyone--investors and professionals alike--all of whom can benefit from asset allocation strategies. Along the way, Darst details the importance of spreading assets among uncorrelated classes, and building a portfolio that can beat the market at best, and match it at worst. Page by page, he describes the principles behind this process and stresses the substantial investment returns that the right mix of stocks, bonds, cash, real estate, gold, commodities, and other assets can bring to the average portfolio.
Wealthy individuals and financial institutions have successfully used this strategy to achieve excellent returns in a variety of markets. And with The Little Book That Saves Your Assets, these same strategies can now be understood and used by anyone.
About The Author:
David M. Darst is a Managing Director at Morgan Stanley. He serves as Chief Investment Strategist of the firm's Global Wealth Management Group and is the Chairman of the Asset Allocation Committee. Darst is also the founding president of the Morgan Stanley Investment Group. Prior to joining Morgan Stanley in 1996, he was with Goldman Sachs for over twenty years, where he served as a senior executive in the Equities Division. Darst is often quoted in the New York Times, Wall Street Journal, and Financial Times, among others. He is also a frequent guest on CNBC, Bloomberg, and FOX News. He earned his MBA from Harvard Business School and received a BA in economics from Yale University. Darst is a CFA charterholder.
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