Make sense of college admissions and prepare a successful application Admission Matters offers comprehensive, expert, and practical advice for parents and students to guide them through the college admissions process. From building a college list, to understanding standardized tests, to obtaining financial aid, to crafting personal statements, to making a final decision, this book guides you every step of the way with clear, sensible advice and practical tips. This new fourth edition has been completely updated to reflect the latest changes in college admissions. including new developments in standardized testing, applications, financial aid and more. Questionnaires, interactive forms, checklists, and other tools help you stay focused and organized throughout the process.. With the answers you need and a down-to-earth perspective, this book provides an invaluable resource for stressed-out students and parents everywhere. Applying to college can be competitive and complex. Admission Matters offers real-world expert advice for all students, whether you're aiming an Ivy or the state school close to home. It also includes much needed guidance for students with special circumstances, including students with disabilities, international students, and transfer students. In addition, athletes, artists and performers, and homeschoolers will find valuable guidance as they plan for and apply to college. Understand how the admissions process works and what you can and cannot control Learn how to build a strong list of good-fit colleges Craft a strong application package with a compelling personal statement Get expert advice on early admissions, financial aid, standardized testing, and much more Make a final decision that is the right one for you Whether you think you've got applying to college under control or don't even know where to begin, Admission Matters is your expert guide throughout the college admissions process.
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Koning Jan de. High Returns from Low Risk
Introduction
Chapter 1. The Opposite of What You’re Aiming For
Chapter 2. Mr Thrifty Enters the Stock Market
Chapter 3. The Tortoise Beats the Hare
Chapter 4. A Little Bit Is Enough
Chapter 5. Ignoring the Eighth Wonder of the World
Chapter 6. It’s All a Matter of Perspective
Chapter 7. The Dark Appeal of Risk
Chapter 8. Buy Them Cheap and Remember the Trend Is Your Friend
Chapter 9. All Good Things Come in Threes
Chapter 10. Spotting Tortoises and Hares
Chapter 11. Slice and Dice, But Do It Wisely
Chapter 12. Sit Back and Relax
Chapter 13. Trade Little, Be Patient
Chapter 14. The Biggest Victory of All
Chapter 15. The Golden Rule
Chapter 16. The Paradox Is Everywhere
Chapter 17. Will the Paradox Persist?
See It
Be Able to Exploit It
Be Willing to Do It
Chapter 18. Final Reflections
Epilogue. Jan’s Perspective
Appendix. ParadoxInvesting.com
Acknowledgments
References
Отрывок из книги
THIS BOOK REVEALS A STORY ABOUT THE STOCK MARKET WHICH WILL CHANGE THE WAY YOU THINK ABOUT INVESTING. It is a story about a paradox I stumbled upon many years ago, one that still amazes me today. It is the story of an ‘inconvenient truth’ for economics professors as it turns their models upside down. A delusional story for professional investors who are managing other people’s money. It’s also a personal story which will make you smile and wonder. But most importantly, it’s a story that will help you become a better investor, as it describes how to turn scientific insights into profits. It is the modern stock market equivalent of ‘the tortoise and the hare’: a remarkable tale of how low-risk stocks beat high-risk stocks.
My goal is to explain this stock market paradox to you as I would explain it to my father. He is a retired businessman with stock market investing experience. Although he is not an expert in finance, he is a wise man with an entrepreneurial mindset. He has taught our family to respect classical virtues such as prudence, patience, and persistence. Over the years I have discovered that there is a close link between these principles and successful investing. By referring to his values, I will explain this paradox in an understandable way. If my father can understand this story, you might understand it as well.
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A lot of these investors ‘aim for the moon’ when it comes to managing money for their investment portfolios. They try to find the next potential Apple, Google, or Tesla. Investing in these kinds of exciting stocks is risky, as you might lose your initial investment if your potential ‘super stock’ turns out to be not quite so super, and perhaps even files for bankruptcy.
But what if you were to succeed in finding the next Google or Tesla in time and the stock quadrupled in price? Oh yes, then you would be laughing all the way to the bank, knowing that you’d won the jackpot and reached the moon! And what about the less exciting stocks? Well, according to many investors, boring stocks won’t get you very far in life. After all, doesn’t low risk equal low return? Do you know anybody who got rich quickly by investing in a slow-moving low-risk stock?
