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The Dick Davis Dividend doesn't avoid these basic concepts but it spotlights others, which are seldom discussed, that the author believes will strongly tilt the odds toward investors and give them a valuable edge. These are passionately held convictions expressed with unusual candor and clarity.
The second part of this engaging guide makes a compelling case for combining both passive investing via index funds and active investing via stocks and mutual funds. Davis focuses on twenty-eight buy and hold, diversified, index fund model portfolios. Each one is recommended by a leading authority in the world of indexing. Included are the favorite index portfolios of Burton Malkiel, John Bogle, Ben Stein, Jonathan Clements, and twenty-four others. The wide selection of models makes a passive/active strategy easy to implement. The Dick Davis Dividend is filled with in-depth insight and straightforward, practical advice labeled "timeless wisdom" by bestselling author Andrew Tobias. It is an uncomplicated explanation of how today's investor can meet the challenge of an unpredictable market and come out a winner. |
A pioneer in the
financial media, Dick Davis has interacted with the investment public as
a radio and TV broadcaster, newsletter editor, columnist, lecturer, and
teacher for over forty years. With The Dick Davis Dividend, he
continues this trend. The first part of the book contains an
easy-to-read, yet profound discussion of the essentials of
investing—focusing on the savvy veteran's often unconventional, core
beliefs. For example, Davis pounds the table about the over-exaggerated
value of homework, the irrelevance of news, the underappreciated
durability of major trends, the predisposition of investors to fail, the
curse of being totally and instantly informed, and the rarely
acknowledged role of pure luck.
