{"product_id":"investors-paradox-brian-portnoy-9781137278487","title":"Investor's Paradox: The Power of Simplicity in a World of Overwhelming Choice","description":"\u003cp\u003e\u003ci\u003eInvestors are in a jam\u003c\/i\u003e. A troubled global economy, unpredictable markets, and a bewildering number of investment choices create a dangerous landscape for individual and institutional investors alike. To meet this challenge, most of us rely on a portfolio of fund managers to take risk on our behalves. Here, investment expert Brian Portnoy delivers a powerful framework for choosing the right ones - and avoiding the losers. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003ePortnoy reveals that the right answers are found by confronting our own subconscious biases and behavioral quirks. A paradox we all face is the natural desire for more choice in our lives, yet the more we have, the less satisfied we become - whether we're at the grocery store, choosing doctors, or flipping through hundreds of TV channels. So, too, with investing, where there are literally tens of thousands of funds from which to choose. Hence the investor's paradox: We crave abundant investment choices to conquer volatile markets, yet with greater flexibility, the more overwhelmed and less empowered we become. \u003cp\u003e\u003c\/p\u003eLeveraging the fresh insights of behavioral economics, Portnoy demystifies the opaque world of elite hedge funds, addresses the limits of mass market mutual funds, and discards the false dichotomy between traditional and alternative investments. He also explores why hedge funds have recently become such a controversial and disruptive force. Turns out it's not the splashy headlines - spectacular trades, newly minted billionaires, aggressive tactics - but something much more fundamental. The stratospheric rise to prominence and availability of alternative strategies represents a further explosion in the size and complexity of the choice set in a market already saturated with products. It constitutes something we all both crave and detest. \u003cp\u003e\u003c\/p\u003e\u003ci\u003eThe Investor's Paradox\u003c\/i\u003e lights a path toward simplicity in a world of dangerous markets and overwhelming choice. Written in accessible, jargon-free language, with a healthy skepticism of today's money management industry, it offers not only practical tools for investment success but also a message of empowerment for investors drowning in possibility.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Brian Portnoy\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 113727848X\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781137278487\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e St. Martin's Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 01\/07\/2014\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 256\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.95lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.62h x 6.38w x 0.93d","brand":"Brian Portnoy","offers":[{"title":"Hardcover","offer_id":43924162085119,"sku":"9781137278487","price":32.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/products\/img_780a0324-8634-4c13-88f0-efe3daffa1b0.jpg?v=1681068835","url":"https:\/\/www.whiterainbookhouse.com\/products\/investors-paradox-brian-portnoy-9781137278487","provider":"WR Book House","version":"1.0","type":"link"}