Summary of David Alan Carter's THE 12% SOLUTION
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#1 Warren Buffett is an American business magnate, investor, and philanthropist. He is the third wealthiest person on the planet, and his net worth is $82 billion. In 2017, he won a bet with one of his investment managers that he could outperform any professional money manager selecting a set of five or more hedge funds over a ten-year period. The winner donated a million dollars to charity.
#2 Not everyone takes the advice to ignore rock-star money managers and stick to low-cost funds. Some do, but typically those with little money to spare. Those with the money to hire a high-fee manager or who are easily infatuated with gurus ignore the advice.
#3 Sidebar: The first of many charts and tables in the book. For those unfamiliar with touchscreen tablets or e-readers, you can often enlarge the image by double tapping it, or by highlighting it and pressing the magnifying glass icon above it.
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Summary of David Alan Carter's THE 12% SOLUTION - IRB Media
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Contents
Insights from Chapter 1
Insights from Chapter 2
Insights from Chapter 3
Insights from Chapter 4
Insights from Chapter 5
Insights from Chapter 6
Insights from Chapter 7
Insights from Chapter 8
Insights from Chapter 9
Insights from Chapter 10
Insights from Chapter 1
#1
Warren Buffett is an American business magnate, investor, and philanthropist. He is the third wealthiest person on the planet, and his net worth is $82 billion. In 2017, he won a bet with one of his investment managers that he could outperform any professional money manager selecting a set of five or more hedge funds over a ten-year period. The winner donated a million