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Buy and Hold Is Dead (Again)

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Patience May Be A Virtue, But It Isn't An Investment Strategy The current academic and financial planning definitions of ""risk"" are changing at light speed, but the notion of what constitutes ""r...
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  • 01 May 2009
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Patience May Be A Virtue, But It Isn't An Investment Strategy

The current academic and financial planning definitions of ""risk"" are changing at light speed, but the notion of what constitutes ""risky"" investment strategy for informed investors is still stuck in the dark ages. Wealth management expert Kenneth Solow takes a fresh look at the investment industry's reliance on Buy-and-Hold investing, exposing the flaws and potential dangers of this investment approach in secular bear markets.

Patiently waiting for stocks to deliver historical average returns does not rise to the level of an investment strategy, according to Solow, who recommends a different approach called Tactical Asset Allocation. A provocative and thoughtful critique of the current state of the money management industry, Buy and Hold is Dead (AGAIN) is an invaluable investment guide for our financially challenging times.

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Price: $21.95
Pages: 340
Publisher: Morgan James Publishing
Imprint: Morgan James Publishing
Publication Date: 01 May 2009
Trim Size: 8.96 X 5.98 in
ISBN: 9781600376207
Format: Paperback
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.""..If the government fails to mop up the recent flood of liquidity, active asset allocation, as Solow advocates, will be required to adjust for a dangerous new inflation environment. This is an excellent book for financial advisors."" -- Steve Leuthold ""Founder and Chief Investment Officer, The Leuthold Group""