
If You Can
by William J Bernstein · first published 2014
10mentions
9recommended by
9HN commenters
2016–2024first – last mentioned
100% recommend
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…the-best-time-to-invest-is-tomorrow-so-just-do-it answer. There are a number of things you should do if you want to learn more about how to invest your money in stocks (and maybe bonds): 0) A good resource to get started quickly is If You Can, by William Bernstein: https://smile.amazon.com/If-You-Can-Millennials-Slowly-ebook... But you can skip it if you want to dive deeper with the stuff that follows. 1) Learn about what investing in the…
on “Are Index Funds Eating the World?” ↗If You Can: How Millennials Can Get Rich Slowly By William Bernstein
on “Ask HN: Best Book for Personal Finance and Investment” ↗…Pillars of Investing. Bernstein's books are all more or less re-writes of the same book multiple times in an attempt to make the Bogle/indexing idea approachable for different audiences. In addition to If You Can, Chapter 1 of Four Pillars is a history of securities returns and is the best thing I've ever read in terms of getting into the right head-space for long-term investing and thinking about risk. http://www.efficientfrontier.com/t4poi/Ch1.htm…
on “John C. Bogle Has Died” ↗Read Goldstein's (edit: Bernstein's!) book "If You Can". It's a whopping 16 page book of plain talk and he made it free on the internet, no strings. [1] It's the best introduction to planning for retirement, especially for those under 35, I've read so far. [1] https://www.etf.com/docs/IfYouCan.pdf
on “Investing for Geeks” ↗Is it really unreasonable for someone to read something like Bernstein's "If You Can"? It takes an hour. https://www.etf.com/docs/IfYouCan.pdf
on “Champions of the 401(k) Lament the Revolution They Started” ↗If you don't know who Bogle is, and don't know much about individual investing for retirement, I would recommend you read William Bernstein's If You Can, a (free!) little 16-page booklet that just lays out the "Bogle method" for simple investing for retirement. [0] https://www.etf.com/docs/IfYouCan.pdf
on “John C. Bogle Has Died” ↗"If You Can" by William Bernstein is a free, meant-to-be simple primer on investing aimed at Millennials: https://www.etf.com/docs/IfYouCan.pdf
on “Millennials are sicker than Gen X, which bodes ill for the future economy” ↗I recommend “If You Can”. It’s an short, accessible and entertaining guide to self-managed passive investing targeted to millennials. https://www.etf.com/docs/IfYouCan.pdf
on “Ask HN: How to save/invest/deal with money?” ↗"If You Can" by William J Bernstein. It gives a simple conservative investing strategy, and refers to other great books for the details. Available here: https://www.etf.com/docs/IfYouCan.pdf
on “How and Why Athletes Go Broke (2009)” ↗More of a pamphlet than a book, I give it to all the college graduates in the family. https://www.etf.com/docs/IfYouCan.pdf
on “Ask HN: What book have you given as a gift?” ↗