Heads I Win, Tails I Win: Why Smart Investors Fail And How To Tilt The Odds In Your Favor

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 Experienceaccording To Wall Street Journal Investing Columnist Spencer Jakab, Most Of Us Have No Idea How Much Money Were Leaving On The Tableor That The Average Saver Doesnt Come Anywhere Close To Earning The Average Returns Touted In Those Glossy Brochures. Were Handicapped Not Only By Psychological Biases And A Fear Of Missing Out, But By An Industry With Multimilliondollar Marketing Budgets And An Eye On Its Own Bottom Line, Not Yours.Unless Youre Very Handy, You Probably Dont Know How To Fix Your Own Car Or Give A Family Member A Decent Haircut. But Most Americans Are Expected To Be Parttime Fund Managers. With A Steady, Livable Pension Check Becoming A Rarity, Weve Been Entrusted With Our Own Finances And, For The Most Part, Failed Miserably.Since Leaving His Job As A Toprated Stock Analyst To Become An Investing Columnist, Jakab Has Watched His Readersand His Family, Friends, And Colleaguesmake 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 Explainshow 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 Highperforming Mutual Fund Manager End Up Worse Off Than If Theyd 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 Isnt Nearly As Good At Investing As The Media Would Have You Think.He Also Explains Why You Should Never Trust A World Cuppredicting Octopus, Why You Shouldnt 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.

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This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).

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