Richard Bernstein | Richard Bernstein
1 Great!
Another great book from Bernstein. This one is more accessible than Style Investing and has some great financial planning tips/exercises. After the last 2 years in the markets many investors should reasses their tolerance and goals and Bernstein gives a nice framework to do that within.
2 I strongly recommend Richard Bernstein?s ?Navigate the Noise
This readable book explains very important concepts (risk/reward, asset allocation etc.) very well. Serious long-term investors would be well advised to navigate the noise (I would suggest shutting off CNBC as a start), read Richard's book, and then create a diversified portfolio that is expected to help them fund their long-term liabilities (education, retirement etc.) while matching their true risk tolerance.
3 Terrific Book
This is an outstanding book---the best I've read in 3 years. I particularly like the discussion of risk--how the general perception of risk differs form the investors point of view. And how the investor's perception of risk can be misinterpreted by the broker or financial consultant. A great discussion of value verses growth stocks and which do better under which circumstances. I learned alot by reading this book.
4 Terrific Book
This is the best book I've read in several years. It is thought provoking and backed up by data to show which stocks do well and poorly over time. Alot of the information is counter-intuitive--i.e. shows how your gut instinct is often incorrect. I particularly like the book's discussion of risk, and how the conventional view of risk differs considerably for the average investors view of risk. I plan to reread this book soon.
5 Necessity
While working on a trading desk, I have witnessed people,"long term investors", lose significant sums of money by paying attention to noise. I sincerely believe this is a must read for any investor. While this book is written in a manner that novice investors can easily understand, I know of several professionals that would benefit by reading this book.
6 A Timely Subject
A topic that I would suggest is in the back of investors' minds yet one they aren't willing to address for a variety of reasons. Rich Bernstein brings to light the media's influence on investing decisons and that the "noise" generated by the media distracts us from long term investment objectives. This book is to the point and in layman's terms...a must read for all investors AND financial advisors.
7 Navigate the Noise: Investing in the New Age of Media and Hy
Rich Bernstein is one of the "Wisest" Professionals on Wall Street. While there are a lot of smart people in the investment community that can easily rattle off facts and figures, Rich helps you understand why much of the information is worthless and can even be harmful to an individual investor. "Navigate the Noise: Investing in the New Age of Media and Hype" helps explain how individuals can avoid following the croud, or getting caught up in the news event of the moment. He provides a common sense and thoughful appoach to what information is important to achieving YOUR investment goals and objectives, and not simply following the croud when it comes to making investment decisions. With all the talking heads in the media and investment community Rich Bernstein is a "Breed Apart".
This is one book on investing that can help new and experienced investors stay focused on the information that can make a positive difference to their investment returns.
8 Blueprint for Investing
If you are a long-term investor, or if you are in the business of providing investment advice, this book is required reading. Richard Bernstein points out, in simple terms, how investors let the media, friends, co-workers, and even financial analysts deter them from a well thought out financial plan. NAVIGATE THE NOISE is a blueprint for disciplined, long-term, goal driven investing.
9 ANOTHER GREAT JOB!
Rich
Another great job. You continue to show us all why you are one of the best minds on WALL STREET. You have a wonderful ability to make the complexities of the market understandable. I love your candor and easy to read writing style. Thanks.
10 Recommended Reading for my clients
Rich has given me many tools in his well written book to help explain to my clients what is important for investment success. As an investment professional, the greatest value I bring clients is a sense of security that can be achieved if they will concentrate on what is important, rather than the current 'hot' news. Every market period in history has been characterized by near-term uncertainty that, in hindsight, has been shown to be of little consequence for investors with a true long-term time horizon. A very timely book.
11 Great Insights in this Book
Bernstein makes the whole investment process very clear and understandable. I was amazed at how many stupid investment errors I was making by simply watching CNBC and reading every word in every business magazine.
It's an easy and quick read. Definitely worth it!!
12 Highly Recommended!
The more information a market provides the more efficiently it will operate, right? Well, in theory that’s so. In fact, market transparency has been a top goal of financial regulators in the U.S. for decades. But is it possible to have too much information? Richard Bernstein makes a compelling argument that not all information is good information. Noise — the deluge of 24-hour news coverage, constant cable TV market-chatter, continuous Internet feeds and barrages of electronic updates — is a danger to most investors, who lack the resources to separate the accurate from the spurious. This book is a Godsend for investors who think — usually mistakenly — they can make sense of it all. Bernstein tells you how to cut through the noise by focusing on long-term investment plans, diversifying and clearly assessing risk. We [...] recommend this informative book for its crisp, personal style, and for its practical approach to bringing some peace and quiet to your portfolio.
