In finance, as in life, there's no such thing as a free lunch—unless you're well diversified. The push toward diversification inspires many investors to buy index funds, which is a smart move. But most people have missed the chance to diversify over their investing lifecycle.
Now, for the first time, Ian Ayres and Barry Nalebuff—two of the most innovative thinkers in business, law, and economics—present investors with a set of tools that will allow us to diversify our portfolios over time, a radical innovation. By leveraging our portfolios when we're young (and leveraging less as we get older), nearly all investors can reduce risk while improving returns. Clearly written and extensively supported by ground-breaking research, Lifecycle Investing presents a simple idea for individual investors that promises to radically transform how all of us retire.
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"Gartenberg handles the [narration] skillfully, navigating this well-written but sometimes technical text with ease."
— AudioFile
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Ian Ayres is an economist and lawyer who is the William K. Townsend Professor at Yale Law School and a professor at Yale’s School of Management. He is a columnist for Forbes magazine and a regular contributor to the New York Times Freakanomics blog. He is the author of several books, including Super Crunchers, which was a New York Times bestseller and named one the Best Economics and Business Books of the Year by the Economist. He lives in New Haven, Connecticut.
Barry Nalebuff is the Milton Steinbach Professor of economics and management at Yale School of Management. He is the author of fifty scholarly articles and multiple books, including Co-opetition and The Art of Strategy, and is the cofounder of Honest Tea. A graduate of MIT and a Rhodes Scholar, he earned his doctorate at Oxford University. He lives in New Haven, Connecticut.
Gerry Gartenberg brings more than ten years’ broadcasting experience as a national award-winning television consumer and health reporter to his work as a narrator. He was chosen by Elie Wiesel to record a new translation of the author’s bestselling holocaust memoir Night. His other audiobooks include Zen Inklings and The Zen Eye, both collections of stories, fables, parables, sermons, and lectures from the world of Zen. Gartenberg holds a bachelor’s degree from Columbia University and a master’s degree in broadcast journalism from the University of Missouri School of Journalism. He resides in White Plains, New York.