Learning For Building a Winning Portfolio 2 ppt
Learning For Building a Winning Portfolio_2 ppt
... high-octane Manhattan Fund. Unfortunately for Tsai, just at that point, he was struck with a fatal case of chimpanzee syndrome. The years 1966–1967 were mediocre for Manhattan and in 1968, the patient ... at a fairly young age, ran Oakmark Fund. Mr. Sanborn was an undisputed superstar manager. From its inception in 1991 to year-end 1998, Oakmark’s annualized return was 24 .91% ver- s...
Ngày tải lên: 21/06/2014, 15:20
Learning For Building a Winning Portfolio_5 pptx
... the railroads made overland travel cheap, safe, rapid, and relatively comfortable. Even more importantly, the steam engine was undoubtedly the most dramatic, romantic, and artistically appeal- ing ... financial chaos of Paris arrived a most extraordinary Scotsman: John Law. After escaping the hangman for killing a man in a 1694 duel, he studied the banking system in Amsterdam and even...
Ngày tải lên: 21/06/2014, 15:20
Learning For Building a Winning Portfolio_10 ppt
... 20 % 22 .5% 25 % Vanguard Short-Term — 2. 5% 5% 7.5% 10% 12. 5% 15% 17.5% 20 % 22 .5% 25 % Corporate Bond Vanguard Limited-Term — 2. 5% 5% 7.5% 10% 12. 5% 15% 17.5% 20 % 22 .5% 25 % Tax-Exempt Vanguard California ... be factored into your asset allocation. Defining Your Mix 27 9 • 5% Vanguard Small-Cap Value Index (IRA) • 12. 5% Vanguard Tax-Managed International • 5% Vanguard REI...
Ngày tải lên: 21/06/2014, 15:20
Learning For Building a Winning Portfolio_1 doc
... 14 .23 $24 .86 20 21 $371.46 4.66 $79.70 16.37 $22 .70 20 22 $390.03 5.03 $77.48 18. 82 $20 . 72 2 023 $409.54 5.44 $75.33 21 .64 $18. 92 2 024 $430.01 5.87 $73 .24 24 .89 $17 .28 20 25 $451.51 6.34 $71 .20 28 .63 ... $67. 62 2010$ 21 7.19 2. 00 $108.65 3. 52 $61.74 20 11 $22 8.05 2. 16 $105.63 4.05 $56.37 20 12 $23 9.45 2. 33 $1 02. 69 4.65 $51.47 20 13 $25 1. 42 2. 52...
Ngày tải lên: 21/06/2014, 15:20
Learning For Building a Winning Portfolio_3 docx
... 28 Vanguard 500 Index Fund (Large-Cap Blend) 20 Vanguard Large-Cap Value Fund 34 Barra Mid-Cap Growth Index Fund 8 S&P 400 Mid-Cap Index (Mid-Cap Blend) 23 Barra Mid-Cap Value Index 24 Vanguard ... years has penal- ized its taxable shareholders by distributing about 10% of its value each year as capital gains. Fortunately, there are now “tax-efficient” index funds designed for t...
Ngày tải lên: 21/06/2014, 15:20
Learning For Building a Winning Portfolio_9 pot
... of a finan- cial advisor just to gain access to DFA? Probably not. Their tax-man- aged, foreign-small and foreign-value funds carry expenses which are 0 .2% to 0.6% higher than Vanguard’s, and ... Ultra-Small-Company Tax- Advantaged Fund—and the other small-company funds. The Bridgeway fund, which is aimed at taxable accounts, invests in much smaller companies than the other small company ....
Ngày tải lên: 21/06/2014, 15:20
Learning For Building a Winning Portfolio_11 doc
... 9–13 pricing and risk, 13 variable annuity, 20 4 -20 5 Arithmetic display, 21 22 , Armstrong, Frank, 1 72 ASAF Bernstein, 21 6 “Asian Contagion,” 69 Asness, Cliff, 136 Asset allocation, 24 3 27 9 about, 24 3 24 4 bonds, ... (lack of), 1 92 Financial Analysts Journal, 24 4 Financial calculator, 23 0, 23 7 Financial goals, 22 9, 23 9 24 0 First Quadrant, 88 Fisher, Irving, 43–48, 5...
Ngày tải lên: 21/06/2014, 15:20
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 ... nomenclature. In common parlance, theshares ofgood companies arecalled “growth stocks,” and those ofbad companies arecalled“value stocks.” Let’s considerfor a moment, Wal-Martand Kmart....
Ngày tải lên: 20/06/2014, 20:20
The Four Pillars of Investing: Lessons for Building a Winning Portfolio_8 ppt
... gravitational equation from a falling apple and Darwin’s extrapolating the theory of evolution from observ- ing gardeners and farmers select for favorable plant characteristics are two spectacular ... should have a firm asset allocation pol- icy in place. What separates the professional from the amateur are two things: First, the knowledge that brutal bear markets are a fact of life a...
Ngày tải lên: 20/06/2014, 20:20
Lessons for Building a Winning Portfolio_2 ppt
... $22 .70 20 22 $390.03 5.03 $77.48 18. 82 $20 . 72 2 023 $409.54 5.44 $75.33 21 .64 $18. 92 2 024 $430.01 5.87 $73 .24 24 .89 $17 .28 20 25 $451.51 6.34 $71 .20 28 .63 $15.77 20 26 $474.09 6.85 $69 .23 32. 92 $14.40 20 27 ... $35.77 20 17 $305.60 3.43 $89 .20 9.36 $ 32. 66 20 18 $ 320 .88 3.70 $86. 72 10.76 $29 . 82 2019 $336.93 4.00 $84. 32 12. 38 $27 .23 20 20 $353.77 4. 32...
Ngày tải lên: 21/06/2014, 02:20