Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Which Bernstein book to buy for someone?
Old 01-22-2010, 06:27 AM   #1
Full time employment: Posting here.
Join Date: Oct 2007
Location: New York
Posts: 898
Which Bernstein book to buy for someone?

I want to buy one of Bernstein's books for a friend who's ready to take asset allocation and index investing seriously.

I've only ever read the first one (The Intelligent Asset Allocator).

Should I assume his latest book contains his most current thinking and is most relevant? Or is the latest book just dumbed down for a wider audience, thus I'd be better off with an earlier book?

The guy I want to buy this book for works in finance and is highly numerate.

I appreciate suggestions from those who have read several or all of his books.

Money's just something you need in case you don't die tomorrow.
Maurice is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 01-22-2010, 08:00 AM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2005
Posts: 10,121
While I enjoy Bernstein and just finished his recent "The Investor's Manifesto", I would be hesitant to recommend any of them to a non-receptive reader. The shortest one is the last one TIM, but it wastes too much time in history which Bernstein's obviously loves.

If you want to get right into the meat of indexing and asset allocation, then I would recommend Larry Swedroe's "The Only Guide to a Winning Investment Strategy You'll Ever Need" instead. It gets right into the meat of how to set up a portfolio and why.

Bernstein spends too much time on real estate along LeeuwenBrug in Amsterdam in the 1300s. It's a good 2nd or 3rd book to read.

Another possibility is Rick Ferri's "All About Asset Allocation"

LOL! is offline   Reply With Quote
Old 01-22-2010, 08:25 AM   #3
Recycles dryer sheets
Join Date: Nov 2009
Posts: 67
Given your description of the person as highly numerate, I would definitely go with Intelligent Asset Allocator. I've read the other two. Four Pillars taught me how this stuff works, but Intelligent Asset Allocator taught me how to do it.

stevenst is offline   Reply With Quote
Old 01-22-2010, 12:38 PM   #4
Recycles dryer sheets
figner's Avatar
Join Date: Jan 2007
Location: Los Angeles area
Posts: 329
Agree with stevenst. I've read TIAA and T4P, am halfway through TIM. TIAA is a book for geeks/engineers who like to know the math (mostly probability/statistics in this case) behind the arguments. TIM seems to be geared more towards someone with a general college education, and T4P is somewhere inbetween. I happen to like the history sections as well, and think they provide useful perspectives to think about how one might deal with similar situations.
figner is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Bernstein now in Money magazine Htown Harry Other topics 3 09-01-2008 11:59 PM
I Wonder if Carl Reads Bogle and Bernstein haha FIRE and Money 8 06-10-2008 04:14 PM
Whats your Bernstein index? cute fuzzy bunny FIRE and Money 60 04-10-2008 10:15 PM
Bernstein - Boomers among us will have SS.... Cut-Throat Other topics 14 11-27-2004 12:53 PM
Update on Bernstein calculator arrete FIRE and Money 7 01-19-2003 07:59 AM

» Quick Links

All times are GMT -6. The time now is 09:00 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2020, vBulletin Solutions, Inc.