000 01075nam a22001697a 4500
005 20250411095034.0
020 _a9781119747918
082 _a305.523
100 _aHaghani, Victor.
245 _aThe missing billionaires :
_ba guide to better financial decisions
260 _aNew Jersey
_b Wiley
_c2023
300 _axiii,340p.
504 _aIncludes index
520 _aMoving from coin flipping to real world investing, there's a large body of evidence suggesting that investors also do a poor job when it comes to sizing major financial decisions. One example is that in aggregate, individual investors severely under-perform market returns. Some of this underperformance comes from paying high fees, but much also arises from having too much or too little at risk, usually at just the wrong times.6 As Victor suggested in his 2013 TEDx talk, "Where Are All The Billionaires And Why Should We Care?" the rapid dissipation of dynastic wealth in the US over the past 120 years comes in large part from poor investment sizing decisions
650 _aWealth
942 _cBK
999 _c11242
_d11242