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07-14-2016, 09:39 PM
Post: #1
[GET] Heads I Win, Tails I Win: Why Smart Investors Fail and How to Tilt the Odds in Your Favor
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INVESTING IS ONE OF THE FEW AREAS IN LIFE WHERE EVEN VERY SMART PEOPLE LET HOPE TRIUMPH OVER EXPERIENCE

According to Wall Street Journal investing colum­nist Spencer Jakab, most of us have no idea how much money we’re leaving on the table—or that the average saver doesn’t come anywhere close to earning the “average” returns touted in those glossy brochures. We’re handicapped not only by psychological biases and a fear of missing out, but by an industry with multimillion-dollar marketing budgets and an eye on its own bottom line, not yours.

Unless you’re very handy, you probably don’t know how to fix your own car or give a family member a decent haircut. But most Americans are expected to be part-time fund managers. With a steady, livable pension check becoming a rarity, we’ve been entrusted with our own finances and, for the most part, failed miserably.

Since leaving his job as a top-rated stock ana­lyst to become an investing columnist, Jakab has watched his readers—and his family, friends, and colleagues—make the same mistakes again and again. He set out to evaluate the typical advice people get, from the clearly risky to the seemingly safe, to figure out where it all goes wrong and how they could do much better.
Blending entertaining stories with some sur­prising research, Jakab explains

·How a typical saver could have a retirement nest egg twice as large by being cheap and lazy.
·Why investors who put their savings with a high-performing mutual fund manager end up worse off than if they’d picked one who has struggled.
·The best way to cash in on your hunch that a recession is looming.
·How people who check their brokerage accounts frequently end up falling behind the market.
·Who isn’t nearly as good at investing as the media would have you think.

He also explains why you should never trust a World Cup–predicting octopus, why you shouldn’t invest in companies with an X or a Z in their names, and what to do if a time traveler offers you eco­nomic news from the future.

Whatever your level of expertise, Heads I Win, Tails I Win can help you vastly improve your odds of investment success.



https://mega.nz/#!VEgmmLxA!OHKCG2Vna3b8l...0Ep3rKIBIs
07-15-2016, 06:21 AM
Post: #2
RE: [GET] Heads I Win, Tails I Win: Why Smart Investors Fail and How to Tilt the Odds ...
Thanks for the share -goran1977- YOU ROCK! -reps given

A review:

Spencer Jakab’s, author of HEADS I WIN, TAILS I WIN implies that most investors, even the most professional of fund managers; fool themselves constantly.

Most believe that they’re “winning” even when they have worse returns than the general market. Not unlike people who go the Las Vegas and come back saying that they won enough to cover their hotel and food expense there.

Psychologically, they delude themselves into thinking that they've made money when they really lost it.

It is terribly entertaining. Especially if you've survived the last 15 - 20 of investing. You'll know all the players about whom you've wanted to know "the rest of the story".

If you take away only one lesson from HEADS I WIN, TAILS I WIN; it’s that being smart is way more important than being lucky.

Not genius smart - but smart enough to know to always step out of the way of a speeding bus. Not to catch a falling knife. Or risk your $800 tires driving on broken glass to pick up a loose $10 bill on a busy roadway.

Successful investing is a result of repeated responsible actions. Some which will result in irritating losses, some from which you will profit greatly. It is more about acting smart, consistently and ruthlessly. And knowing that time is the greatest asset you'll ever need to succeed once you get yourself "sorted out".

I wish I'd written it. It is that good.

The price is right.

Download it immediately if you have any interest in investing.
The suggestions Spenser Jakab makes are simple, just not easy.

Magic Button :
Code:
https://mega.nz/#!VEgmmLxA!OHKCG2Vna3b8ltFF1a4SapguPbg0aD1uQ0Ep3rKIBIs

AbeLincolnBart

"Success leaves clues, but rarely within reach of a couch."
---Blair Warren
07-15-2016, 06:29 AM
Post: #3
RE: [GET] Heads I Win, Tails I Win: Why Smart Investors Fail and How to Tilt the Odds in Your Favor
Thank you for taking your time for the review




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