{"product_id":"high-returns-from-low-risk-isbn-9781119351054","title":"High Returns from Low Risk","description":"\u003cp\u003e\u003cb\u003eHIGH RETURNS\u003c\/b\u003e \u003ci\u003efrom\u003c\/i\u003e \u003cb\u003eLOW RISK\u003ci\u003e\u003c\/i\u003e\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eIf you lie awake at night worrying about your retirement, paying for your children’s schooling or your general financial security, \u003ci\u003eHigh Returns from Low Risk\u003c\/i\u003e is your solution to a sound sleep. This unique wealth management guide is written by a fund manager who oversees billions of dollars in portfolio assets, and who wants to share his approach with individual investors, advisors, bankers and everyone interested in the stock market. Despite all the appeal exciting stocks have, his evidence-based strategy repeatedly proves low-risk stocks historically beat high-risk ones going back well over eighty years. By how much? Over eighteen times the returns!  \u003c\/p\u003e\u003cp\u003eGrowing wealth doesn’t have to be stressful, and it shouldn’t be risky when you get \u003ci\u003eHigh Returns from Low Risk\u003c\/i\u003e. \u003c\/p\u003e\u003cp\u003e\u003ci\u003e‘The low-risk effect, that is the idea that historically, unlike many well-known theories, average return across stocks doesn’t appear to go up with most standard measures of risk, is one of the most important “anomalies” in modern finance. Pim van Vliet is one of the pioneers in studying this effect and using it to improve investor portfolios. Anyone interested in systematic equity investing should carefully read this important book.’\u003c\/i\u003e \u003c\/p\u003e\u003cp\u003e\u003cb\u003e— Clifford S. Asness,\u003c\/b\u003e Founder, Managing Principal and Chief Investment Officer at AQR Capital Management, USA \u003c\/p\u003e\u003cp\u003e\u003ci\u003e‘Pim van Vliet’s experience as one of the pioneers of low-volatility investing gives him unique insight into one of the most fascinating economic anomalies of our time. The idea that risk, properly defined, generates a positive return, is one of those ideas that becomes even more profound when we learn it is not true. There is no cosmic risk karma that pays people for taking risk, and this book will help people understand what types of investment risks generate premiums, and which will actually cost you money.’\u003c\/i\u003e \u003cb\u003e—Eric Falkenstein,\u003c\/b\u003e Author of \u003ci\u003eThe Missing Risk Premium: Why Low Volatility Investing Works,\u003c\/i\u003e USA \u003c\/p\u003e\u003cp\u003eIntroduction 1\u003c\/p\u003e \u003cp\u003eChapter One The Opposite of What You’re Aiming For 5\u003c\/p\u003e \u003cp\u003eChapter Two Mr Thrifty Enters the Stock Market 11\u003c\/p\u003e \u003cp\u003eChapter Three The Tortoise Beats the Hare 19\u003c\/p\u003e \u003cp\u003eChapter Four A Little Bit Is Enough 29\u003c\/p\u003e \u003cp\u003eChapter Five Ignoring the Eighth Wonder of the World 35\u003c\/p\u003e \u003cp\u003eChapter Six It’s All a Matter of Perspective 43\u003c\/p\u003e \u003cp\u003eChapter Seven The Dark Appeal of Risk 53\u003c\/p\u003e \u003cp\u003eChapter Eight Buy Them Cheap and Remember the Trend Is Your Friend 59\u003c\/p\u003e \u003cp\u003eChapter Nine All Good Things Come in Threes 67\u003c\/p\u003e \u003cp\u003eChapter Ten Spotting Tortoises and Hares 77\u003c\/p\u003e \u003cp\u003eChapter Eleven Slice and Dice, But Do It Wisely 83\u003c\/p\u003e \u003cp\u003eChapter Twelve Sit Back and Relax 91\u003c\/p\u003e \u003cp\u003eChapter Thirteen Trade Little, Be Patient 101\u003c\/p\u003e \u003cp\u003eChapter Fourteen The Biggest Victory of All 109\u003c\/p\u003e \u003cp\u003eChapter Fifteen The Golden Rule 117\u003c\/p\u003e \u003cp\u003eChapter Sixteen The Paradox Is Everywhere 123\u003c\/p\u003e \u003cp\u003eChapter Seventeen Will the Paradox Persist? 129\u003c\/p\u003e \u003cp\u003eChapter Eighteen Final Reflections 133\u003c\/p\u003e \u003cp\u003eEpilogue Jan’s Perspective 137\u003c\/p\u003e \u003cp\u003eAppendix ParadoxInvesting.com 143\u003c\/p\u003e \u003cp\u003eAcknowledgments 145\u003c\/p\u003e \u003cp\u003eReferences 147\u003c\/p\u003e \u003cp\u003eIndex 151\u003c\/p\u003e \u003cp\u003e\"A must-read for all institutional investors looking to reap investment rewards in an ever-increasing tough economic environment.\" (\u003ci\u003ePensions Age,\u003c\/i\u003e June 2017)\u003c\/p\u003e \u003cp\u003e\"... it's a great edition to any stock market investors library.\" (\u003ci\u003eStockopedia,\u003c\/i\u003e June 2017)\u003c\/p\u003e \u003cp\u003e\"This cleverly defined set of arguments poses an interesting challenge for those who remain intent on chasing higher premiums.\" (\u003ci\u003eInvestment Europe,\u003c\/i\u003e March 2017)\u003c\/p\u003e  \u003cp\u003e\u003cb\u003ePIM VAN VLIET, PhD,\u003c\/b\u003e is the Founder and fund manager of the multi-billion dollar Conservative Equity funds at Robeco. These low-risk funds are based on academic research and provide investors with a stable source of income from the stock market. Pim is a guest lecturer at several universities, the author of numerous financial publications and travels the world advocating low-volatility investing. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eJAN DE KONING, CFA, CAIA, CMT\u003c\/b\u003e is an investment specialist for Robeco’s quantitative equities strategies and conducts client and consultant meetings, speaks at conferences, and gives seminars on low-volatility investing. In the past, he published regular investment updates and was an investment advisor, portfolio manager and fiduciary manager for institutional investors.   \u003c\/p\u003e\u003cp\u003eIf you lie awake at night worrying about your retirement, paying for your children’s schooling or your general financial security, \u003ci\u003eHigh Returns from Low Risk\u003c\/i\u003e is your solution to a sound sleep. This unique wealth management guide is written by a fund manager who oversees billions of dollars in portfolio assets, and who wants to share his approach with individual investors, advisors, bankers and everyone interested in the stock market. Despite all the appeal exciting stocks have, his evidence-based strategy repeatedly proves low-risk stocks historically beat high-risk ones going back well over eighty years. By how much? Over eighteen times the returns!  \u003c\/p\u003e\u003cp\u003eGrowing wealth doesn’t have to be stressful, and it shouldn’t be risky when you get \u003ci\u003eHigh Returns from Low Risk\u003c\/i\u003e. \u003c\/p\u003e\u003cp\u003e\u003ci\u003e‘The low-risk effect, that is the idea that historically, unlike many well-known theories, average return across stocks doesn’t appear to go up with most standard measures of risk, is one of the most important “anomalies” in modern finance. Pim van Vliet is one of the pioneers in studying this effect and using it to improve investor portfolios. Anyone interested in systematic equity investing should carefully read this important book.’\u003c\/i\u003e \u003c\/p\u003e\u003cp\u003e\u003cb\u003e— Clifford S. Asness,\u003c\/b\u003e Founder, Managing Principal and Chief Investment Officer at AQR Capital Management, USA \u003c\/p\u003e\u003cp\u003e\u003ci\u003e‘Pim van Vliet’s experience as one of the pioneers of low-volatility investing gives him unique insight into one of the most fascinating economic anomalies of our time. The idea that risk, properly defined, generates a positive return, is one of those ideas that becomes even more profound when we learn it is not true. There is no cosmic risk karma that pays people for taking risk, and this book will help people understand what types of investment risks generate premiums, and which will actually cost you money.’\u003c\/i\u003e \u003cb\u003e—Eric Falkenstein,\u003c\/b\u003e Author of \u003ci\u003eThe Missing Risk Premium: Why Low Volatility Investing Works,\u003c\/i\u003e USA\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989362950373,"sku":"NP9781119351054","price":27.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119351054.jpg?v=1761783821","url":"https:\/\/k12savings.com\/es\/products\/high-returns-from-low-risk-isbn-9781119351054","provider":"K12savings","version":"1.0","type":"link"}