A Wealth of Common Sense audiobook cover - Why Simplicity Trumps Complexity in Any Investment Plan

A Wealth of Common Sense

Why Simplicity Trumps Complexity in Any Investment Plan

Ben Carlson

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A Wealth of Common Sense
Institutional vs. Individual
Institutional Advantages
The Yale Model
Nonprofit Edge
Individual Strategy
Costly Mistakes to Avoid
Get-Rich-Quick Schemes
Overconfidence
Herd Mentality
Crucial Psychological Traits
Emotional Intelligence
Composure
Wariness
Risk and Reward
Core Principle
Stocks
Bonds
Cash
Tailored Investment Plan
Self-Assessment
Written Strategy
Discipline
Portfolio Management
Diversification
Benign Neglect
Minimize Tinkering

Quiz — Test Your Understanding

Question 1 of 7
Why does the author argue that individual investors should not simply copy the investment strategies of institutional giants like Yale University?

A Wealth of Common Sense — Full Chapter Overview

A Wealth of Common Sense Summary & Overview

A Wealth of Common Sense (2015) reveals how sound decisions can lead you to long-term success as an investor. These blinks provide the tips that every investor should know from the outset and explain how you can create a diverse, consistent strategy that will stand the test of time.

Who Should Listen to A Wealth of Common Sense?

  • Investors who have suffered since the financial crisis
  • New investors feeling a little lost
  • Readers unsure about whether they should start investing

About the Author: Ben Carlson

Ben Carlson is the director of institutional asset management at Ritholtz Wealth Management, specializing in financial planning and asset management. He’s also the blogger behind acclaimed site www.awealthofcommonsense.com, which provides vital information about wealth management, financial markets and investor psychology.

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