Investing Amid Low Expected Returns: Making the Most When Markets Offer the Least

El libro venía roto de la portada, además parece usado.Una lástima, ya que el contenido es de valor. Lo volveré a pedir pero cuando lo compré inicialmente tenía descuento, ahora el precio es más alto.

Quite a pain to read some figures...

I found this book to be excellent and thoughtful. I'm not an investment professional so some of the material was beyond my needs to fully explore, however, as someone wanting an additional level of depth and detail on key concepts and contemporary research, I found the book to be excellent and exactly what I was hoping it would offer. I expect I'll be keeping this book handy for quick reference for years to come.

I enjoyed Antti Ilmanen's scientific rigour when approaching investing. It is less in-depth compared to Expected Returns which is a bit disappointing.Now we are in 2024 where cash/discount rate is high, and yet asset prices are holding up or even increasing. I wonder what Antti has to say about the current world.

This is an excellent overview of long term investing: I'd argue that many of the ideas presented apply equally to periods of high or low expected returns. While some of the discussion can be overly technical for the non-professional investor, I think the book as a whole provides enough digestible insights & lessons for any investor type. I expect to look back over sections of this book repeatedly for many years to come.One note is that charts can be hard to read. This is often the case with stacked charts in black and white print - it is a critique of print form rather than content.