Product Description Next in the Little Book, Big Profit series, The Little Book of Big Return,s shows the listener how to profit like the rich from a powerful, proven investment strategy. It was written by the leading thinker in asset allocation, David Darst.
With somewhat of a dry reputation, the topic of asset allocation has been seen as a concern only to professionals and academics disputing research papers and academic theory. However the reality of the rich and their use of asset allocation tell a different story.
Asset allocation is the ultimate determinant of returns and can make the difference between matching the market or beating the market (or not losing in the market). How assets are allocated (stocks, bonds, cash, other mix) does make a substantial difference to the average portfolio, and the wealthy have long used asset allocation strategies to increase their wealth -- substantially. Now these same strategies can be understood and used by anyone.
BrutalNovember 30, 2008 Save your money. This book touts asset allocation but does not provide any practical advice on how to develop or implement a plan. The book asks many questions but provides absolutely no answers!
Another winner for the "Little Book, Big Profits" seriesSeptember 29, 2008 2 out of 2 found this review helpful
This is the latest book in the "Little Books, Big Profits" series and was timed just right. All the books before it teach you how to invest, and this book teaches you how to keep what you've invested.
David Darst is a good writer. He kept my attention and I wasn't bored. I read the entire book one Saturday night.
The true value of this book is in reading the entire series. They all make up a sound investing education. All of the books in the series are good; some better than others, but are all written by financial masters. Take a piece from one and apply it to another and you have a winning formula.
Overall, this book is definitely worth three or four hours on a Saturday night. But, get the other books in the series too. Each present a view that the other doesn't.
Save your $ - don't buy this bookSeptember 24, 2008 28 out of 30 found this review helpful
Mr. Darst must have had all of his buddies write in with 5-star reviews. I bought this book based on the subject and reviews, but it didn't meet my expectations. The title and description imply he will share HOW to balance your portfolio to weather the market ups and downs. His magic solution...allocate your investment $ to various asset classes which have a low correlation to each other (i.e. don't respond similarly to interest rates and economic conditions). How much to allocate to what classes depends on your goals and situation. DUHH! Rather than following through with real examples of asset allocation strategies which have worked for real people, he leaves you in the dark and tells you to hire a financial advisor.
The Little Book you must have.August 27, 2008 1 out of 3 found this review helpful
David Darst has successfully managed to write a book that is informative and an easy read . Whether you are a novice investor or an experienced advisor " The Little Book That Saves Your Assets " should be on your desk at all times !
Save your moneyAugust 12, 2008 4 out of 11 found this review helpful
This book is one step short of basic. Total waste. Unless you are into similes.
