Summary of David Alan Carter's THE 12% SOLUTION

Please note: This is a companion version & not the original book. Book Preview:

#1 Warren Buffett is an American business magnate, investor, and philanthropist. He is the third wealthiest person on the planet, and his net worth is $82 billion. In 2017, he won a bet with one of his investment managers that he could outperform any professional money manager selecting a set of five or more hedge funds over a ten-year period. The winner donated a million dollars to charity.

#2 Not everyone takes the advice to ignore rock-star money managers and stick to low-cost funds. Some do, but typically those with little money to spare. Those with the money to hire a high-fee manager or who are easily infatuated with gurus ignore the advice.

#3 Sidebar: The first of many charts and tables in the book. For those unfamiliar with touchscreen tablets or e-readers, you can often enlarge the image by double tapping it, or by highlighting it and pressing the magnifying glass icon above it.

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Rafbók: 13 juni 2022