Listen free for 30 days

Listen with offer

  • Getting Back to Business

  • Why Modern Portfolio Theory Fails Investors and How You Can Bring Common Sense to Your Portfolio
  • By: Daniel Peris
  • Narrated by: Fred Filbrich
  • Length: 9 hrs and 54 mins
  • 5.0 out of 5 stars (2 ratings)
Offer ends May 1st, 2024 11:59PM GMT. Terms and conditions apply.
£7.99/month after 3 months. Renews automatically.
Pick 1 audiobook a month from our unmatched collection - including bestsellers and new releases.
Listen all you want to thousands of included audiobooks, Originals, celeb exclusives, and podcasts.
Access exclusive sales and deals.
£7.99/month after 30 days. Renews automatically. See here for eligibility.
Pick 1 audiobook a month from our unmatched collection - including bestsellers and new releases.
Listen all you want to thousands of included audiobooks, Originals, celeb exclusives, and podcasts.
Access exclusive sales and deals.
Getting Back to Business cover art

Getting Back to Business

By: Daniel Peris
Narrated by: Fred Filbrich
Get this deal Try for £0.00

Pay £99p/month. After 3 months pay £7.99/month. Renews automatically. See terms for eligibility.

£7.99/month after 30 days. Renews automatically. See here for eligibility.

Buy Now for £13.00

Buy Now for £13.00

Pay using card ending in
By completing your purchase, you agree to Audible's Conditions of Use and authorise Audible to charge your designated card or any other card on file. Please see our Privacy Notice, Cookies Notice and Interest-based Ads Notice.

Listeners also enjoyed...

In Pursuit of the Perfect Portfolio cover art
Navigating the Street: A Better Approach to Investing cover art
The Case for Dividend Growth cover art
Risk Parity cover art
The Online Business Academy for Stock Market Investing cover art
The Price of Tomorrow cover art
Stock Market Investing for Beginners cover art
Beyond Diversification cover art
The Allocator's Edge cover art
Austrian School for Investors: Austrian Investing between Inflation and Deflation cover art
The Money Formula cover art
Stock Investing for Beginners: Value Bundle cover art
Coffee Can Investing cover art
Benjamin Graham’s Net-Net Stock Strategy cover art
An Updated Investment Strategy for the Intelligent Investor cover art
The Invisible Hands cover art

Summary

Modern portfolio theory has failed investors. A change in direction is long overdue. 

We are in a time of enormous risk. Economic growth is anemic, and political risk to the capital markets is on the rise. In the US, a generation of white-collar baby boomers is heading into retirement with insufficient assets in their 401(k) programs, and industrial workers are stuck with materially underfunded pension plans. 

Against that backdrop, the investing industry's current set of practices and assumptions - modern portfolio theory (MPT) - is based on a half-century-old formula that is supposed to deliver the maximum amount of return for a given amount of risk. The trouble is that it doesn't work very well. 

In Getting Back to Business, dividend-investing guru Daniel Peris proposes a radical new approach - radical in that it does away with MPT in favor of a more intuitive, common-sense approach practiced by business people in their own affairs everyday: cash returns on cash investments. 

“In a profession utterly lacking a historical sensibility,” Peris writes. “One periodically needs to ask why we do things the way we do, how we got here, and whether perhaps there is a better way.” Balancing detailed historical evidence with a practitioner's real-world expertise, Peris asks the right questions - and provides a solution that makes sense in today's challenging investing landscape.

©2018 Daniel Peris (P)2018 McGraw Hill-Ascent Audio

What listeners say about Getting Back to Business

Average customer ratings
Overall
  • 5 out of 5 stars
  • 5 Stars
    2
  • 4 Stars
    0
  • 3 Stars
    0
  • 2 Stars
    0
  • 1 Stars
    0
Performance
  • 5 out of 5 stars
  • 5 Stars
    2
  • 4 Stars
    0
  • 3 Stars
    0
  • 2 Stars
    0
  • 1 Stars
    0
Story
  • 5 out of 5 stars
  • 5 Stars
    2
  • 4 Stars
    0
  • 3 Stars
    0
  • 2 Stars
    0
  • 1 Stars
    0

Reviews - Please select the tabs below to change the source of reviews.