{"product_id":"unconventional-success-a-fundam","title":"UNCONVENTIONAL SUCCESS: A FUNDAM","description":"The bestselling author of Pioneering Portfolio Management, the definitive template for institutional fund management, returns with a book that shows individual investors how to manage their financial assets.\n\nIn Unconventional Success, investment legend David F. Swensen offers incontrovertible evidence that the for-profit mutual fund industry consistently fails the average investor. From excessive management fees to the frequent \"churning\" of portfolios, the relentless pursuit of profits by mutual fund management companies harms individual clients. Perhaps most destructive of all are the hidden schemes that limit investor choice and reduce returns, including \"pay-to-play\" product-placement fees, stale-price trading scams, soft-dollar kickbacks, and 12b-1 distribution charges.\n\nEven if investors manage to emerge unscathed from an encounter with the profit-seeking mutual fund industry, individuals face the likelihood of self-inflicted pain. The common practice of selling losers and buying winners (and doing both too often) damages portfolio returns and increases tax liabilities, delivering a one-two punch to investor aspirations.\n\nIn short: Nearly insurmountable hurdles confront ordinary investors.\n\nSwensen's solution? A contrarian investment alternative that promotes well-diversified, equity-oriented, \"market-mimicking\" portfolios that reward investors who exhibit the courage to stay the course. Swensen suggests implementing his nonconformist proposal with investor-friendly, not-for-profit investment companies such as Vanguard and TIAA-CREF. By avoiding actively managed funds and employing client-oriented mutual fund managers, investors create the preconditions for investment success.\n\nBottom line? Unconventional Success provides the guidance and financial know-how for improving the personal investor's financial future.\u003cbr\u003eASIN: 0743228383\u003cbr\u003eVSKU: 4EKGY3007VRM_ns\u003cbr\u003eCondition: Good\u003cbr\u003eAuthor\/Artist:Swensen, David F.\u003cbr\u003eBinding: Hardcover\u003cbr\u003e\u003cb\u003eNote:\u003c\/b\u003e Any images shown are stock photographs and product may differ from what is shown.  \u003cbr\u003e\u003cb\u003eCondition Notes\u003c\/b\u003e: Gently used with minimal wear on the corners and cover. A few pages may contain light highlighting or writing, but the text remains fully legible. Dust jacket may be missing, and supplemental materials like CDs or codes may not be included. May be ex-library with library markings. Ships promptly!  \u003cbr\u003e","brand":"Dream Books Co.","offers":[{"title":"Default Title","offer_id":41456069083194,"sku":"4EKGY3007VRM_ns","price":4.19,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0555\/6011\/0138\/files\/0743228383-0.jpg?v=1781073758","url":"https:\/\/shop.dreambooksco.com\/products\/unconventional-success-a-fundam","provider":"Dream Books Co.","version":"1.0","type":"link"}