Book (Practical) Economy The Game of the Loser

Product description ※Please note that product information is not in full comprehensive meaning because of the machine translation.

Economics "The Bible of Investment Philosophy" has been read around the world and has sold over 120000 copies in Japan since its first edition in 1985. It is the latest edition of a best-selling book that has been read around the world as a masterpiece of investment philosophy that conveys "the essence of the market and investment." Since the first edition was published in the US in 1 million copies, it has been read around the world. Investors have certainly experienced this experience. They ignore a carefully planned investment plan and sell it at a high price and a low price. What can be done to protect important assets calmly even in such a situation? This book tells you what to do realistically. The thesis of this book is that successful investment is not about finding a rising stock or performing better than a benchmark, but about "carefully formulating a long-term investment plan and asset allocation policy within the limits of the risk they can take, and thoroughly protecting the policy without being affected by market trends." The thesis of this book is that investing in "index funds" is introduced in detail as a specific method to achieve this. In addition, it widely explains the points of basic investment policy that individual investors should hold, how to choose investment trusts, funds of defined contribution pension plans, etc., and it is widely useful for all people involved in investment, both professional and amateur. It includes six new chapters and updates it to reflect market trends in the AI era, including the crash and the recovery period caused by the spread of the novel coronavirus in 2020.