Lessons for Building a Winning Portfolio 1 pdf
The Four Pillars of Investing: Lessons for Building a Winning Portfolio_4 pdf
... Tsai, just at that point, he was struck with a fatal case of chimpanzee syndrome. The years 19 66 19 67 were mediocre for Manhattan and in 19 68, the patient crashed. In the first half of the year, ... returns. The peak of apparent Japanese invincibility occurred around 19 90. A dollar of Japanese stock bought in January 19 90 was worth just 67 cents 11 years later, yielding an ann...
Ngày tải lên: 20/06/2014, 20:20
The Four Pillars of Investing: Lessons for Building a Winning Portfolio_9 pdf
... 13 .98%0.96% 13 .66% 1. 64% 0.63% Mid Growth14. 21% 1. 06% 13 .53% 1. 82% 0.67% Mid Blend 13 .76% 1. 09% 12 .83% 1. 72% 0.66% Mid Value 14 .36% 1. 12% 15 .09% 1. 84% 0.66% Small Growth14.67% 1. 17% 11 .86% 1. 92% 0.66% Small ... $ 71 million. At that point, the fund’s performance turned around, and it gradually began to accumulate assets again, finally reaching the $1 billi...
Ngày tải lên: 20/06/2014, 20:20
Lessons for Building a Winning Portfolio_1 pdf
... Year Dividends FactorValue FactorValue 20 01 $14 0.00 1. 00 $14 0.00 1. 00 $14 0.00 2002 $14 7.00 1. 08 $13 6 .11 1. 15 $12 7.83 2003 $15 4.35 1. 17 $13 2.33 1. 32 $11 6. 71 2004 $16 2.0 71. 26 $12 8.65 1. 52 $10 6.56 2005 ... $17 0 .17 1. 36 $12 5.08 1. 75 $97.30 2006 $17 8.6 81. 47 $12 1. 61 2. 01 $88.84 2007 $18 7. 611 .59 $11 8.23 2. 31 $ 81. 11 2008 $19 6.99 1. 71 $11 4...
Ngày tải lên: 21/06/2014, 12:20
Lessons for Building a Winning Portfolio_6 pdf
... Period 19 70 19 74 Japan 4 19 75 19 79 U.S. Small 1 1980 19 84 U.S. Small 6 19 85 19 89 Japan 6 19 90 19 94 Pacific Rim 5 19 95 19 99 U.S. Large ?? remaining favorites more advantageous than they should be. After all, it ... gravitational equation from a falling apple and Darwin’s extrapolating the theory of evolution from observ- ing gardeners and farmers select for favorable plan...
Ngày tải lên: 21/06/2014, 12:20
The Four Pillars of Investing: Lessons for Building a Winning Portfolio_2 ppt
... formeris finan- cially healthyand universallyadmired, withlegendary management, a steadily growing stream of earnings, and a hugepileof cash on hand for emergencies. The latterisasick puppy, having ... of an all-stock investment strategy. The data for the U.S. markets displayed in Figures 1- 9 to 1- 14 are summarized in Table 1- 1. It’s pretty clear that there’s a relationship be...
Ngày tải lên: 20/06/2014, 20:20
The Four Pillars of Investing: Lessons for Building a Winning Portfolio_3 potx
... 1. 08 $13 6 .11 1. 15 $12 7.83 2003 $15 4.35 1. 17 $13 2.33 1. 32 $11 6. 71 2004 $16 2.0 71. 26 $12 8.65 1. 52 $10 6.56 2005 $17 0 .17 1. 36 $12 5.08 1. 75 $97.30 2006 $17 8.6 81. 47 $12 1. 61 2. 01 $88.84 2007 $18 7. 611 .59 ... $11 8.23 2. 31 $ 81. 11 2008 $19 6.99 1. 71 $11 4.94 2.66 $74.06 2009 $206.84 1. 85 $11 1.75 3.06 $67.62 2 010 $ 217 .19 2.00 $10 8.65 3.52 $ 61. 74...
Ngày tải lên: 20/06/2014, 20:20
The Four Pillars of Investing: Lessons for Building a Winning Portfolio_5 docx
... value each year as capital gains. Fortunately, there are now “tax-efficient” index funds designed for taxable accounts, which are generally able to avoid capital gains. In 19 99, Vanguard created ... expense are least for large-cap funds, intermediate for small-cap and foreign funds, and greatest for emerging market funds. They are tabulated in Table 3 -1. 94 The Four Pillars of Inv...
Ngày tải lên: 20/06/2014, 20:20
The Four Pillars of Investing: Lessons for Building a Winning Portfolio_6 pot
... requirements are immaterial. For example, if you havesaved a largeamount forretirementand do not plan to leavealarge estate for 11 4 The Four Pillars of Investing Table 4 -1. 19 01 2000, 10 0-Year Annualized ... Morgan Stanley’s EAFE (Europe, Australasia, and Far East) Index. As of year-end 2000, there is a 32-year track record of accurate foreign returns. For the peri- od, this...
Ngày tải lên: 20/06/2014, 20:20
The Four Pillars of Investing: Lessons for Building a Winning Portfolio_7 doc
... the roads and public safety made travel a danger- ous, slow, and extremely uncomfortable endeavor. At a stroke, the railroads made overland travel cheap, safe, rapid, and relatively comfortable. ... financial chaos of Paris arrived a most extraordinary Scotsman: John Law. After escaping the hangman for killing a man in a 16 94 duel, he studied the banking system in Amsterdam and...
Ngày tải lên: 20/06/2014, 20:20
The Four Pillars of Investing: Lessons for Building a Winning Portfolio_8 ppt
... Asset Classes Rank (1 to 6) in Time PeriodBest Asset Class Next Five-Year Period 19 70 19 74 Japan 4 19 75 19 79 U.S. Small 1 1980 19 84 U.S. Small 6 19 85 19 89 Japan 6 19 90 19 94 Pacific Rim 5 19 95 19 99 ... gravitational equation from a falling apple and Darwin’s extrapolating the theory of evolution from observ- ing gardeners and farmers select for favorable plant character...
Ngày tải lên: 20/06/2014, 20:20