Financial advisers, newspapers, television, and radio reports often qualify information about mutual funds and other investments as “according to Lipper.” They all mean the various Lipper Fund Indices developed by Mike Lipper. Now you can learn, as he has learned, the lessons of creating, managing, and preserving wealth. These lessons are vital for the newly wealthy, the would-be wealthy, the second and third generations of wealth, investment advisers and other wealth managers, and charities and other nonprofits. They come straight from Mike’s own fifty years of experience as an investor and as a member of a family that has spent four generations on Wall Street. Mike’s ideas have direct application to you: - How to measure your wealth. - You as a balance sheet. - You as the single biggest contributor to your satisfaction as an investor. - What kind or kinds of investor personalities describe you. - When and how to use unconventional thinking. - When you should use multiple portfolios. - How to share your wealth with others. There are millions of millionaires in the United States. If you've gotten there, or want to get there, this book will help you answer the question: What now? From the New York Society of Security Analysts Michael Lipper's book is very timely, especially considering the current turbulence in the financial markets. So often these days, many of us get questions about money management from family, friends, and customers. Often these questions come from people who need an analytical structure to respond to what is hitting them with shocking speed. Two of Michael Lipper's statements really hit home. First, is the dangerous failure to think about the “consequences of being wrong.” Second, is “if you do not understand the game, do not play.” This comes from his experience of avoiding Enron after reading its annual report, and being unable to figure out how they got such big earnings out of their balance sheet.” These and other lessons come from a long career in the financial business. Money Wise is filled with explanations and lessons on essential topics such as risk, your personal balance sheet, picking money managers, the dangers in trading, investor psychology, hedge funds, private equity, and investing in new trends. Read this book and give it to those asking questions on how to create and keep wealth. —William A. Hayes

Money Wise: How to Create, Grow, and Preserve Your Wealth

Business & Money

Sease, Douglas R.

Lipper, A. Michael

Investing

St.Martin's Press

“[E]xtremely appealing….[A] book that may help you preserve whatever money you have and think carefully about what you want to do with it.--Paul R. Brown, The New York Times
In These Turbulent Times, Do You Use Your Wealth Wisely?
A. Michael Lipper, the analyst and founder of Lipper Analytical Services, is a lifelong investor and one of the world’s leading authorities on funds. The man whose work is often quoted “according to Lipper,” addresses the growing need to understand how to think about wealth; not only how to invest it, but also how to spend it, and leave it to one’s descendents. Using insights gained from four decades on Wall Street, he shows that wealth is a state of mind as much as the size of a bank account, and gaining wealth and keeping it can be two very different skills. With the wisdom of Mike Lipper’s experience, investors can make sound financial choices for themselves and their heirs.
Topics include:
-How to match your hard and soft assets—your true net worth—with your hard and soft liabilities in a personal balance sheet
-How to put risk to work for you
-How to find the right investment advisors and how to advise them correctly to serve your needs
-How to determine your “investor personality.” Are you an Absolute Investor, a Confident Investor, an Uncertain Investor, a Relative Investor, a Fiduciary Investor, a Bored Investor, a Guilty Investor, a Financial Death-Wish Investor, or a Paralytic Investor?

St. Martin's: Griffin

See the best price to sell, buy, or rent books by Lipper, A. Michael. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Lipper, A. Michael

See the best price to sell, buy, or rent books by Lipper, A. Michael. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Money Wise: How to Create, Grow, and Preserve Your Wealth

Money Wise: How to Create, Grow, and Preserve Your Wealth