The Little Book That Saves Your Assets: What the Rich Do to Stay Wealthy in Up and Down Markets by David M. Darst, James J. Cramer (Foreword by)

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(Hardcover)

  • Pub. Date: August 2008
  • 207pp
  • Sales Rank: 41,980
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    Product Details

    • Pub. Date: August 2008
    • Publisher: Wiley, John & Sons, Incorporated
    • Format: Hardcover, 207pp
    • Sales Rank: 41,980

    Synopsis

    If you’ve ever wondered how investors continue to see substantial market-beating investment returns with portfolios that just seem to grow and grow, The Little Book that Saves Your Assets: What the Rich Do to Stay Wealthy in Up and Down Markets will reveal some secrets. David Darst, also known as Mr. Asset Allocations, shows you how to use savvy asset allocation strategies that you can use to invest like the rich do. This dynamic and easy-to-understand book allows you to rethink your asset allocation strategies and make the leap from mediocre to stellar returns.

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    Biography

    David M. Darst is a Managing Director at Morgan Stanley. He serves as Chief Investment Strategist of the firm's Global Wealth Management Group and is the Chairman of the Asset Allocation Committee. Darst is also the founding president of the Morgan Stanley Investment Group. Prior to joining Morgan Stanley in 1996, he was with Goldman Sachs for over twenty years, where he served as a senior executive in the Equities Division. Darst is often quoted in the New York Times, Wall Street Journal, and Financial Times, among others. He is also a frequent guest on CNBC, Bloomberg, and FOX News. He earned his MBA from Harvard Business School and received a BA in economics from Yale University. Darst is a CFA charterholder.

    Customer Reviews

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    Little Book That Saves Your Assets: What the Rich Do to Stay Wealthy in Up and Down Marketsby Anonymous

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    July 30, 2008: The Little Book that Saves your Assets is it. Wow. Finally someone has written a book that can and will make a difference in how we look at the mysteries of money, wealth, and assets in a way this investor has not seen before. 'Surely you must be mistaken, someone must have written on this before!' I can hear people thinking even as I type. I am sure the same thing was said about MS-Dos, Netscape, the automobile, the electric light, and all new ideas that changed the way we live. This book provides the tools to change the way we look at wealth. If we control our assets, our money, our wealth, we can control our lives. I am sure there was a time when food was just food. When it did not matter what you ate as long as you were eating. Somewhere along the way we became aware that there are different types of food, that they affect our bodies and minds differently, that food can help you be healthier or speed you on your way to an untimely demise if not properly handled. Now even though we know this to be the case with money, assets, and wealth in general also, we still sort of wing it most of the time. EVEN THE PROFESSIONALS AMONGST US. How many people think of money, managing assets, and wealth creation and preservation as something that is arcane, luck based, and out of their control? Read this book. You will begin to feel that you can control your financial destiny. This book will change how you look at your assets, and your own economic health. For the first time, distilled into an easy to understand applicable codex of wisdom, are a series of guidelines, suggestions and 'rules of thumb' that can be our first steps to a balanced economic diet. We can now get control of our financial bodies and plan for a long and healthy life. This could not have come at a better time. Thank you David Darst, this book is like penicillin for world fighting economic infections!