Author(s): Kevin Armstrong
Over the last sixteen years investors have celebrated several of the highest highs and endured a number of the lowest lows across multiple asset classes including real estate, commodities and equity markets. Anyone who has been actively engaged in markets for any length of time has been repeatedly delivered a painful lesson; namely that the supposed 'experts' do not really understand what drives markets and why they change direction. Investing: The Expectations Game explores why most investors fail and highlights the danger of listening to so-called experts; the inherent risk and cost of complexity, and the very real possibility that whoever you employ to look after your money almost certainly doesn't share your view as to what your investment's single greatest risk is: the permanent loss of capital. Totally original, this book not only provides answers to these challenges and questions but also provides a disciplined and unique solution that can deliver what most investors should be striving for.
Kevin Armstrong has worked for Merrill Lynch in London on their US Institutional Equity Sales Desk, as well as CIO for New Zealand s largest bank. Kevin is an independent writer and consultant on global investment markets and the author of Bulls, Birdies, Bogeys & Bears."