6 books found
The bestselling author of Pioneering Portfolio Management, the definitive template for institutional fund management, returns with a book that shows individual investors how to manage their financial assets. In Unconventional Success, investment legend David F. Swensen offers incontrovertible evidence that the for-profit mutual fund industry consistently fails the average investor. From excessive management fees to the frequent "churning" of portfolios, the relentless pursuit of profits by mutual fund management companies harms individual clients. Perhaps most destructive of all are the hidden schemes that limit investor choice and reduce returns, including "pay-to-play" product-placement fees, stale-price trading scams, soft-dollar kickbacks, and 12b-1 distribution charges. Even if investors manage to emerge unscathed from an encounter with the profit-seeking mutual fund industry, individuals face the likelihood of self-inflicted pain. The common practice of selling losers and buying winners (and doing both too often) damages portfolio returns and increases tax liabilities, delivering a one-two punch to investor aspirations. In short: Nearly insurmountable hurdles confront ordinary investors. Swensen's solution? A contrarian investment alternative that promotes well-diversified, equity-oriented, "market-mimicking" portfolios that reward investors who exhibit the courage to stay the course. Swensen suggests implementing his nonconformist proposal with investor-friendly, not-for-profit investment companies such as Vanguard and TIAA-CREF. By avoiding actively managed funds and employing client-oriented mutual fund managers, investors create the preconditions for investment success. Bottom line? Unconventional Success provides the guidance and financial know-how for improving the personal investor's financial future.
by David B. Marsh
2023 · Cedar Fort Publishing & Media
Doubts will come, but you can stay strong. Learn how to help your loved ones who are dealing with doubts about the Church. Written by CES professional and experienced author David Marsh, this book helps you examine common sources of doubt, shows you how to find answers to tough questions, and teaches you to address these struggles as the Savior did.
In light of our increasingly post-Christian Western contexts, David Gustafson offers a mission-oriented ecclesiology that moves from missional theory to practices of missional engagement. Introducing “God’s human drama” as a way to explain the gospel within God’s redemptive story, he outlines specific ways for pastors and church leaders to shape a “gospeling” culture within their congregations. Gustafson expertly lays the foundations of and approaches to evangelism that are seminal and apt for the church today.
A study of the massacre at Wounded Knee in history and memory.