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Value Averaging: The Safe and Easy Strategy for Higher Investment Returns

Value Averaging: The Safe and Easy Strategy for Higher Investment Returns Paperback - 2006

by Michael E. Edleson; Foreword by William J. Bernstein

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Summary

Michael Edleson first introduced his concept of value averaging to the world in an article written in 1988. He then wrote a book entitled Value Averaging in 1993, which has been nearly impossible to find--until now. With the reintroduction of Value Averaging, you now have access to a strategy that can help you accumulate wealth, increase your investment returns, and achieve your financial goals.

From the publisher

Michael Edleson first introduced his concept of value averaging to the world in an article written in 1988. He then wrote a book entitled Value Averaging in 1993, which has been nearly impossible to find--until now. With the reintroduction of Value Averaging, you now have access to a strategy that can help you accumulate wealth, increase your investment returns, and achieve your financial goals.

From the rear cover

"Since its first printing in 1991, the cachet of Value Averaging has steadily grown to cult classic status."
--From the Foreword by William J. Bernstein

PRAISE FOR VALUE AVERAGING

"Dollar cost averaging is making a comeback, and Mike Edleson's value averaging approach is dollar cost averaging on steroids. A must-read for serious investors willing to adhere to the principles found in these pages."
--William G. Christie, Frances Hampton Currey Professor of Finance and Professor of Law, Owen Graduate School of Management, Vanderbilt University

"Dr. Edleson's book is truly a classic that needs to be perpetuated. I have spent a significant chunk of my career trying to debunk value averaging, but with no success. I'm a believer!"
--Paul S. Marshall, PhD, Professor of Finance, Widener University

FROM THE FIRST EDITION

"Today's best way to invest."
--Money magazine

"Value averaging takes dollar cost averaging one step further. Besides buying low, you sell shares when the markets soar."
--The New York Times

Michael Edleson first introduced his concept of value averaging to the world in an article written in 1988. To satisfy investor interest, he wrote a book entitled Value Averaging, which further detailed this method. Following the publication of the last edition of this highly sought-after book in 1993, it has been nearly impossible to find--until now. With the reintroduction of Value Averaging, you now have access to Edleson's original work on a strategy that can help you accumulate wealth, increase your investment returns, and achieve your financial goals.

Details

  • Title Value Averaging: The Safe and Easy Strategy for Higher Investment Returns
  • Author Michael E. Edleson; Foreword by William J. Bernstein
  • Binding Paperback
  • Edition Revised
  • Pages 256
  • Volumes 1
  • Language ENG
  • Publisher Wiley, Somerset, New Jersey, U.S.A.
  • Date 2006-10-01
  • Illustrated Yes
  • ISBN 9780470049778 / 0470049774
  • Weight 0.59 lbs (0.27 kg)
  • Dimensions 8.54 x 5.54 x 0.69 in (21.69 x 14.07 x 1.75 cm)
  • Library of Congress subjects Finance, Personal, Investments
  • Library of Congress Catalog Number 2006047512
  • Dewey Decimal Code 332.6

About the author

MICHAEL E. EDLESON is a Managing Director of Morgan Stanley and oversees the firm's equity risk globally. Prior to that, he was Chief Economist of NASDAQ and a finance professor at Harvard Business School. Edleson earned his PhD at MIT.

Includes spreadsheets on a companion Web site: www.wiley.com/go/valueaveraging

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