|
" The investor's dilemma : "
Louis Lowenstein.
| Document Type
|
:
|
BL
|
| Record Number
|
:
|
1040275
|
| Doc. No
|
:
|
b794645
|
| Main Entry
|
:
|
Lowenstein, Louis.
|
| Title & Author
|
:
|
The investor's dilemma : : how mutual funds are betraying your trust and what to do about it /\ Louis Lowenstein.
|
| Publication Statement
|
:
|
Hoboken, NJ :: J. Wiley & Sons,, ©2008.
|
| Page. NO
|
:
|
xx, 220 pages ;; 24 cm
|
| ISBN
|
:
|
0470117656
|
|
|
:
|
: 9780470117651
|
| Bibliographies/Indexes
|
:
|
Includes bibliographical references (pages 193-212) and index.
|
| Abstract
|
:
|
This book offers an in-depth look at the pitfalls and potential of today's mutual funds. Mutual funds offer investors great opportunities, but recently these vehicles have run into some difficulties. The fund families in particular have become behemoths, with billions of dollars under management. Their primary goal is to collect even more assets. During the course of this process investors are the ones who usually suffer. Several luminaries have taken on the modern mutual fund business from Jack Bogle to Eliot Spitzer--and their efforts have led to important and positive change. But there is more work to be done. This book uncovers a litany of troubling problems within today's mutual fund industry. Based on cutting-edge research by corporate critic Louis Lowenstein, this book reveals how highly overpaid mutual fund managers (or management companies) really are and examines how they consistently cost investors through unreasonable fees and expenses. Step by step, Lowenstein walks readers through the maze of conflicts of interest and financial double-dealing with clarity. Then, just when the worst has been revealed, Lowenstein's research uncovers those fund and fund types that are of actual value to investors. Written with every serious investor in mind, this book not only identifies what's wrong with this system, but also addresses the silver linings in these clouds. Louis Lowenstein (New York, NY) is the Simon Rifkind Professor Emeritus of Finance and Law, Columbia Law School. Long known as a corporate critic, he was editor in chief of the Columbia Law Review, chairman of the Coalition for the Homeless, member of the Panel on Audit Effectiveness, and a frequent writer on mutual fund performance.
|
| Subject
|
:
|
Investments.
|
| Subject
|
:
|
Mutual funds-- United States.
|
| Subject
|
:
|
Investments.
|
| Subject
|
:
|
Investments.
|
| Subject
|
:
|
Mutual funds-- United States.
|
| Subject
|
:
|
Mutual funds.
|
| Subject
|
:
|
United States.
|
| Dewey Classification
|
:
|
332.63/27
|
| LC Classification
|
:
|
HG4930.L689 2008
|
| |