#1,801 in Business & money books
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Reddit mentions of The Intelligent Asset Allocator: How to Build Your Portfolio to Maximize Returns and Minimize Risk
Sentiment score: 2
Reddit mentions: 3
We found 3 Reddit mentions of The Intelligent Asset Allocator: How to Build Your Portfolio to Maximize Returns and Minimize Risk. Here are the top ones.
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| Release date | October 2000 |
William Bernstein is fantastic for learning the basics of asset allocation. The Four Pillars of Investing is probably the best overview, with a lot of practical advice. If you want a little more underlying theory, with just a bit of arithmetic, get The Intelligent Asset Allocator.
r/leanfire
https://www.amazon.com/Random-Walk-Down-Wall-Street/dp/0393330338
https://www.amazon.com/dp/B005XM6NRY/ref=dp-kindle-redirect?_encoding=UTF8&btkr=1
Those two books are 95% of what you need to know.
I think you'll get a lot of good advice on stock picking. Find out if there is a https://www.aaii.com/ near you. They help people start on stock picking.
The rest of the advice is about portfolio design. Stock picking doesn't get you out of portfolio considerations. You can use funds and say allocate 10% to stock picking or do your own stock picking across the board or at least domestically. You have to decide that. I stock pick but the vast majority of my money is in funds (more of the 90/10 approach). I don't know my Brazilian REITs or German utilities but I want broad exposure.
I don't usually recommend this book to new investors but you seem mathy so I'd say first asset allocation book: https://www.amazon.com/Intelligent-Asset-Allocator-Portfolio-Maximize-ebook/dp/B005XM6NRY