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In The Elusive Trade, investment consultant and financial expert Ralph H. Lehman takes a close look at the development of the successful Spider fund amid its competitors as the ETF became a fixture of the market. Lehman reviews the people and the regulations that paved the way for the Spider's success.

Produktbeschreibung
In The Elusive Trade, investment consultant and financial expert Ralph H. Lehman takes a close look at the development of the successful Spider fund amid its competitors as the ETF became a fixture of the market. Lehman reviews the people and the regulations that paved the way for the Spider's success.
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Autorenporträt
Ralph Lehman has spent twenty years managing portfolios for clients and advising them on investment, tax, estate, and financial planning issues. When he first encountered ETFs, he was intrigued by this hybrid security that was changing how people could invest in the markets. He began researching the ETF's history and noticed that no one had written a full account of their incredible story. What began as hobby of ordinary research and several curious phone calls progressed into writing a book on the story of how the first ETFs were developed. Ralph works for a financial firm that advises defined benefit and defined contribution retirement plans on their investments. He is an avid reader and enjoys a broad range of history-American, financial, economic, ancient Greek and Roman, and early Church. Ralph and his wife Charlotte reside in Knoxville, Tennessee, along with their pet Brittany, Rocky.