Kliv in i en oändlig värld av stories
Ekonomi & Business
The Chief Investment Officer of Merrill Lynch Wealth Management explains why goals, not markets, should be the primary focus of your investment strategy.
Everyone wants to invest wisely, but many of us have the wrong priorities—increasing returns at all costs, or beating “the market.” Conventional portfolio theory have offered investors only incomplete solutions. What is needed, argues Ashvin B. Chhabra, is a framework that shifts the focus of investment strategy from portfolios and markets to individuals and the objectives that really matter: protecting against unexpected financial crises, paying for education or retirement, and financing philanthropy and entrepreneurship.
The Aspirational Investor is a practical, innovative approach to managing wealth based on key goals and the careful allocation of risks rather than responding to the whims of the financial markets. Chhabra introduces his “Wealth Allocation Framework,” which accommodates the three objectives that must underpin every sound wealth management plan: the need for financial security in the face of known and unknowable risks; the need to maintain current living standards over time despite inflation; and the need to pursue aspirational goals for wealth creation.
Chhabra reinterprets the success formulas of investing greats like Warren Buffett, and closes the gap between theory and practice by simplifying our understanding of key asset classes and laying out a roadmap for identifying and prioritizing financial goals. Raising the bar for what we should expect from our investment portfolios—and our financial advisors—The Aspirational Investor sets us on a path to more confident and fulfilling financial lives.
“Ashvin Chhabra is one of the smartest and wisest investment experts I know” —Eric Maskin, Nobel Laureate in Economics
© 2024 Harper Business (E-bok): 9780062235107
Utgivningsdatum
E-bok: 19 mars 2024
1 miljon stories
Lyssna och läs offline
Exklusiva nyheter varje vecka
Kids Mode (barnsäker miljö)
För dig som vill prova Storytel.
1 konto
20 timmar/månad
Spara upp till 100 olyssnade timmar
Exklusivt innehåll varje vecka
Avsluta när du vill
Obegränsad lyssning på podcasts
För dig som lyssnar och läser ofta.
1 konto
100 timmar/månad
Exklusivt innehåll varje vecka
Avsluta när du vill
Obegränsad lyssning på podcasts
För dig som vill lyssna och läsa obegränsat.
1 konto
Lyssna obegränsat
Exklusivt innehåll varje vecka
Avsluta när du vill
Obegränsad lyssning på podcasts
För dig som vill dela stories med hela familjen.
2-6 konton
100 timmar/månad för varje konto
Exklusivt innehåll varje vecka
Avsluta när du vill
Obegränsad lyssning på podcasts
2 konton
239 kr /månadSvenska
Sverige