The Naked Portfolio Manager: Why Rules Trump Reason on Wall Street

by Fischer, Robert J.

• ISBN13: 9780984089437
• ISBN10: 0984089438
• Format: Hardcover
• Copyright: 2009-10-21
• Publisher: Emerald Book Co

Summary

Traditionally, investment portfolios are managed by people with years of experience who graduated from the best schools. We are told they have nearly mystical ways of forecasting stock prices that we ordinary investors wouldn't understand. However, now there is a small but growing number of managers who reject the traditional ''you-wouldn't-understand'' approach. Instead, they are completely open and transparent about the process they apply to make investment decisions. These are the Naked Portfolio Managers. When you've had enough of other methods that are being used to manage your portfolio, The Naked Portfolio Manager can help. By understanding the disciplined rule-based decision-making methodologies based on Statistical Prediction Methods (SPMs), you can transform the way you make investment decisions. The Naked Portfolio Manager makes the case for a new approach to investment decision-making.

Author Biography

Robert J. Fischer brings a rare combination of skills, talents, and background to his career as senior portfolio manager and as an adviser for affluent individuals at a national brokerage firm. His noteworthy success in the investment field is based upon his in-depth knowledge of decision making, which he applies in a disciplined rule-based approach: the application of Statistical Prediction Methods. Fischer has written numerous articles on investment and financial planning for respected industry publications. He lives with his family in Midlothian, Virginia.