The Ivy Portfolio How to Invest Like the Top Endowments and Avoid Bear Markets
May 5, 2009 by Investing Today · Leave a Comment
The Ivy Portfolio How to Invest Like the Top Endowments and Avoid Bear Markets
A do-it-yourself guide to investing like the renowned Harvard and Yale endowments.
The Ivy Portfolio shows step-by-step how to track and mimic the investment strategies of the highly successful Harvard and Yale endowments. Using the endowment Policy Portfolios as a guide, the authors illustrate how an investor can develop a strategic asset allocation using an ETF-based investment approach.
The Ivy Portfolio also reveals a novel method for investors to reduce their risk through a tactical asset allocation strategy to protect them from bear markets. The book will also showcase a method to follow the smart money and piggyback the top hedge funds and their stock-picking abilities. With readable, straightforward advice, The Ivy Portfolio will show investors exactly how this can be accomplished—and allow them to achieve an unparalleled level of investment success in the process.
With all of the uncertainty in the markets today, The Ivy Portfolio helps the reader answer the most often asked question in investing today - “What do I do”?
Mebane T. Faber, CAIA, CMT (El Segundo, CA), researches and manages a number of quantitative strategies at Cambria Investment Management, including equity and global tactical asset allocation portfolios.
Eric W. Richardson, JD (El Segundo, CA), is the founder and President of Cambria Capital, LLC, a FINRA member investment banking and securities brokerage firm.
User Ratings and Reviews
5 Stars Knowing How to Work the Machine
The Ivy Portfolio contains a variety of useful advice - not the least of which is a concise explanation of how some very legendary investors have done well over the last 25 years. What’s terrific about the book is that the authors do not waste time pretending that the wizard is for real. They immediately “pull back the curtain” and show you that the wizard is simply one individual who doesn’t follow the hype, and just follows a discipline. In other words, YOU can be the wizard, and actually do well with your own investments. This is an excellent read with information and advice that you can immediately begin using to improve your own portfolio.
5 Stars You’ll be smarter than most advisors
Best investment book I’ve read in years (and I’m a professional investor). Read this book, then talk to you advisor. You will probably be smarter on things–sadly. And if you aren’t smarter than your advisor after this book, then you’ve found a good advisor.
This book offers a clear history and approach on why you should be investing using the tools from this book. A quick read too. Buy it and add it to your essential library.
1 Star FAKE REVIEWS
You can always tell when someone writes a series of fake reviews (in this case, maybe every single review?)… the reviews all use similar sentence structure, the reviewers, if you check their profiles, all review only one book (this will probably be corrected now that I’ve brought it up) and “16 of 16 people found the book review to be helpful.”
5 Stars Powerful Insight for All Investors
This book is highly recommended for any reader who appreciates the fact that any individual has a finite amount of time to save and invest and doesn’t want the random date of his/her birth to be the determining factor for investment success. As a tactical, professional money manager and a lover of historical analysis I thoroughly enjoyed this book. Technical analysis simply applied across diverse asset classes has been a methodology which has served both professionals and individuals for decades. This book confirms the value of such an approach by taking one discipline of technical analysis- trendline analysis- and testing and applying it over multiple assets for many years. Many investors now know what risk truly is. They are still in the dark as to how to manage it. Read this book and it will give you ideas that will serve you and your family for generations
5 Stars Excellent Useful Advice
I’ve read many investment books over the years, and while many are good, they often suffer from a lack of practical advice, or rely on cherry-picked situations to make a point. The Ivy Portfolio is neither; it provides useful advice that you can implement tomorrow. It is incredibly well annotated, with a detailed bibliography and footnotes and excellent quotes. Numerous charts from Ned Davis Research show the various equity curves and return figures. The accompanying website provides current updates.
The authors provide a clear, useful strategy to reduce volatility in your portfolio and earn reasonable returns. There is no black box here, everything is fully disclosed in simple to understand terms. Get the book! Even if you don’t choose to implement the strategy, you will have a much better understanding of the alternatives to buy and hold. Simply reading Chapter 9, the shortest chapter, can change your investing life.
