
The Investor's Manifesto
by William J. Bernstein · first published 2010
4mentions
4recommended by
4HN commenters
2010–2021first – last mentioned
100% recommend
Why HN recommends it
Practical, plain-spoken introduction to investing for prosperity and downturns; recommended for individual investors who want a sound, low-cost long-term approach and a grounding in how markets behave.
Summarised by Claude from recommending comments
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Read any of William Bernstein's books. The Investor's Manifesto is a good one. If you don't want to engage in the emotional rollercoaster of price, it's a good idea to set your investments on autopilot--have your broker automatically buy a certain amount each month…
on “Ask HN: How to start learning about investments?” ↗…Many decisions are better made by going with the gut feeling. Gets a little too technical with deep brain/neuro/cortex talk, but brings it back to usable points. http://sivers.org/book/HowWeDecide The Investor's Manifesto - by William J. Bernstein: Absolutely my favorite author and advisor on the subject of investing. Anyone with any money to invest (or already invested) please read this book. Such clear thinking, using…
on “Ask HN: Great books you read in 2009?” ↗…the market doesn't work, and telling yourself not to time the market usually doesn't work, either. For much more on this topic see the work of e.g. William Bernstein (The Four Pillars of Investing, The Investor's Manifesto) or any of the so-called Bogleheads, or try Ramit Sethi: https://wordsofward.wordpress.com/2010/01/10/the-single-best... Here's another example: The ideal amount of time to spend monitoring your weight…
on “Status Chart: Your Personal Status Dashboard” ↗Yes to everything the parent said. You can learn most of what you need to know from these two books: "The Investor's Manifesto: Preparing for Prosperity, Armageddon, and Everything in Between" - William J. Bernstein "The Random Walk Guide To Investing" - Burton Malkiel Do I believe that the market is completely efficient, and…
on “Ask HN: How did you learn about stock market/trading investing ?” ↗