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William Bernstein

The Four Pillars of Investing: Lessons for Building a Winning Portfolio

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ReviewThe Four Pillars of Investing offers a comprehensive, incisive and pithy treatment of the issues. — Barron’s; May 27, 2002

Product DescriptionSound, sensible advice from a hero to frustrated investors everywhere

William Bernstein’s The Four Pillars of Investing gives investors the tools they need to construct top-returning portfolios­­without the help of a financial adviser. In a relaxed, nonthreatening style, Dr. Bernstein provides a distinctive blend of market history, investing theory, and behavioral finance, one designed to help every investor become more self-sufficient and make betterinformed investment decisions. The 4 Pillars of Investing explains how any investor can build a solid foundation for investing by focusing on four essential lessons, each building upon the other. Containing all of the tools needed to achieve investing success, without the help of a financial advisor, it presents:

Practical investing advice based on fascinating history lessons from the market Exercises to determine risk tolerance as an investor An easy-to-understand explanation of risk and reward in the capital markets
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