Money Logic
by Moshe Arye Milevsky, Michael Posner
Category: Business & Economics

In an original look at the science of investing, Milevsky shows how to use probabilities to answer questions such as: Can you create investment protection yourself by "cooking" portfolio insurance at home? What are the odds that your mutual fund manager was just lucky? Should you use dollar-cost averaging to enter the stock market, or invest in one lump sum? When should you borrow to invest? For any financial question, The Probability of Fortune answer is simple but powerful: Weigh the odds. Then put them to work for you.