Title: Monkey with a Pin: Why you may be missing 6% a year from your investment returns
Author: Pete Comley
Price: FREE
Rating: 4.7 out of 5 stars (19)
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For the first time, this book exposes exactly how most private investors perform in real life. It shows they are likely to perform 6% a year worse than the industry’s theoretical predictions of their returns (whether using funds or direct investing). The book reveals that many have earned less than if they had saved in a building society.Part I of the book looks in detail at reasons why investors underperform: poor skill, charges and survivorship bias. The second part turns to the…