Kenneth R SolowBuy and Hold Is Still Dead (Again)
The Case for Active Portfolio Management in Dangerous Markets
EKenneth R. Solow is the co-founder and Investment Committee Chair at Pinnacle Advisory Group, Inc. A popular speaker and writer, he is nationally known for his views on active management, and his 2009 book, Buy and Hold is Dead (Again): The Case for Active Portfolio Management in Dangerous Markets, is considered the definitive work in the field.
Part one: buy and hold is dead
Chapter 1: WE¿RE ALL IN
Chapter 2: The Risks of Buy and Hold Investing In Bear Markets (or, Why You
May Never Be Able To Retire)
Chapter 3: Why The Financial Industry Believes In Buy and Hold Investing
Chapter 4: Hogs, Cobwebs, And Other Imperfect Assumptions
Chapter 5: The Theoretical Case For Active Portfolio Management
Chapter 6: The Trouble With Quant Models
Chapter 7: Compelling Evidence That Active Management Really Works
Part Two: Active Portfolio Management
Chapter 8: Portfolio Strategy In A Post-Lehman World
Chapter 9: Becoming An Investment Expert (or, How To Be Right For The Right
Reasons)
Chapter 10: The Incredible, Amazing P/E Ratio
Chapter 11: Developing A Point Of View With Top-Down Analysis
Chapter 12: Bottom-Up Investment Analysis: A Case Study
Chapter 13: The Psychology Of Making Investment Mistakes
Chapter 14: The Tax Tail And The Portfolio Dog
Chapter 15: Decisions, Decisions, Decisions
Chapter 16: Industry Forecast (An Essay)