Lifecycle Investing: A New, Safe, and Audacious Way to Improve the Performance of Your Retirement Portfolio

Lifecycle Investing: A New, Safe, and Audacious Way to Improve the Performance of Your Retirement Portfolio

by Ian Ayres, Barry Nalebuff
     
 

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Diversification provides a well-known way of getting something close to a free lunch: by spreading money across different kinds of investments, investors can earn the same return with lower risk (or a much higher return for the same amount of risk). This strategy, introduced nearly fifty years ago, led to such strategies as index funds.

What if we were all

Overview

Diversification provides a well-known way of getting something close to a free lunch: by spreading money across different kinds of investments, investors can earn the same return with lower risk (or a much higher return for the same amount of risk). This strategy, introduced nearly fifty years ago, led to such strategies as index funds.

What if we were all missing out on another free lunch that’s right under our noses?

In Lifecycle Investing, Barry Nalebuff and Ian Ayres—two of the most innovative thinkers in business, law, and economics—have developed tools that will allow nearly any investor to diversify their portfolios over time. By using leveraging when young—a controversial idea that sparked hate mail when the authors first floated it in the pages of Forbes—investors of all stripes, from those just starting to plan to those getting ready to retire, can substantially reduce overall risk while improving their returns.

In Lifecycle Investing, readers will learn

  • How to figure out the level of exposure and leverage that’s right for you
  • How the Lifecycle Investing strategy would have performed in the historical market
  • Why it will work even if everyone does it
  • When not to adopt the Lifecycle Investing strategy
Clearly written and backed by rigorous research, Lifecycle Investing presents a simple but radical idea that will shake up how we think about retirement investing even as it provides a healthier nest egg in a nicely feathered nest.

Editorial Reviews

From the Publisher
"Gartenberg handles the [narration] skillfully, navigating this well-written but sometimes technical text with ease." —AudioFile

Product Details

ISBN-13:
9780465018291
Publisher:
Basic Books
Publication date:
05/04/2010
Pages:
240
Product dimensions:
6.30(w) x 9.30(h) x 1.00(d)
Age Range:
18 Years

What People are saying about this

From the Publisher
"Gartenberg handles the [narration] skillfully, navigating this well-written but sometimes technical text with ease." —-AudioFile

Meet the Author

Barry Nalebuff is the Milton Steinbach Professor of Economics and Management at Yale School of Management and coauthor of several popular books on strategy.

Gerry Gartenberg, formerly a national award-winning TV consumer and health reporter, was chosen by Elie Wiesel to record a new translation of the author's bestselling holocaust memoir Night. His other audiobooks include Zen Inklings and The Zen Eye.

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