Now, more than ever, the business of investing can be a daunting task. Communications technology has advanced at a dizzying pace, and streams of data have swelled to torrents. How can investors isolate the essentials without being swamped by a glut of information? Having successfully navigated the treacherous financial waters of investing for over twenty years, renowned financial expert John Mauldin knows the value of an experienced guide. In what is sure to become an immediate classic, his newest book is a priceless anthology of investment advice--nuggets of practical wisdom offered by a stellar assembly of market masters. And, in a master stroke of his own, Mauldin has hit upon a perfect remedy for information overload, asking each contributor to share the single most useful insight gleaned from long years of experience: just one thing. In Just One Thing, you will not be overwhelmed by unwieldy formulae and tedious data. Mauldin's esteemed colleagues--with refreshing and liberating clarity--get right to the heart of the matter, offering time-tested trading methods that can be put to immediate and profitable use. Conversational rather than technical in tone, each contributor's personal principle for success is illustrated with entertaining and illuminating real-life stories.
These are not mere theorists, but practitioners--men who have enjoyed extraordinary success in the market; professional investors who can tell you what works, because it's worked for them. In Just One Thing you will learn: How to boost returns with "the 2% alpha solution" The risk-return fallacy Why you should use "volatility throttling" when assembling your portfolio The secret of "investing in the fog" Why "the winner's rule" really works Why the best-performing funds have the highest percentage of realized losses How psychology often trumps economics The strength of a nonconsensus investment theme Rich with sage advice, refined in the crucible of the market, this collection represents both an uncommon trove of wisdom and an unparalleled investment tool. Applying any one of these financial principles can increase the value of your portfolio--imagine what they can do for your personal wealth when collectively applied!.