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    Investing with Serenity by Antti Ilmanen Summary

    Investing with Serenity
    Antti Ilmanen
    3.79 (210 Reviews)
    FinanceBusinessEconomics
    Panoramica
    Punti Chiave
    Autore
    Domande Frequenti

    Overview of Investing with Serenity

    In a world of diminishing returns, AQR's Antti Ilmanen delivers the investment blueprint endorsed by Harvard's Lawrence Summers. What if the secret to thriving when markets offer the least lies in timeless wisdom that even CalSTRS' Christopher Ailman calls "solid investment wisdom"?

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    “

    We've effectively "borrowed returns from the future" through the windfall gains of falling discount rates - a one-time boost that cannot be repeated.

    ”
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    "Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

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    "Reading used to feel like a chore. Now it’s just part of my lifestyle."

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    "Feels effortless compared to reading. I’ve finished 6 books this month already."

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    Crucial ConversationsThe Perfect MarriageInto the WildNever Split the DifferenceAttachedGood to GreatSay Nothing
    Categorie di tendenza
    Self HelpCommunication SkillRelationshipMindfulnessPhilosophyInspirationProductivity
    Liste di lettura delle celebrita
    Elon MuskCharlie KirkBill GatesSteve JobsAndrew HubermanJoe RoganJordan Peterson
    Collezione premiata
    Pulitzer PrizeNational Book AwardGoodreads Choice AwardsNobel Prize in LiteratureNew York TimesCaldecott MedalNebula Award
    Argomenti in evidenza
    ManagementAmerican HistoryWarTradingStoicismAnxietySex
    Migliori libri per anno
    2025 Best Non Fiction Books2024 Best Non Fiction Books2023 Best Non Fiction Books
    Strumenti di apprendimento
    Knowledge VisualizerAI Podcast Generator
    Autori in evidenza
    Chimamanda Ngozi AdichieGeorge OrwellO. J. SimpsonBarbara O'NeillWinston ChurchillCharlie Kirk
    BeFreed vs altre app
    BeFreed vs. Other Book Summary AppsBeFreed vs. ElevenReaderBeFreed vs. ReadwiseBeFreed vs. Anki
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    Punti chiave

    1

    Navigating the Investment Desert: When Returns Run Dry

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    Imagine standing in the heart of New York's financial district, where investment professionals huddle around conference tables confronting an uncomfortable truth: the era of easy returns is over. This isn't just another market cycle - it's a fundamental shift in the investment landscape. For decades, investors enjoyed both the fruit (income) and watched the trees grow taller (capital appreciation). Now those trees have reached their maximum height, leaving only diminished fruit yields as return. We've effectively "borrowed returns from the future" through one-time windfall gains that cannot be repeated. This challenging environment stems from post-financial crisis slow growth and persistently low interest rates, creating a mathematical reality that's both simple and brutal: when discount rates approach zero, everything appears expensive.

    2

    The Investor's Dilemma: Accept Less or Risk More?

    3

    Breaking Down Expected Returns: The Building Blocks

    4

    The Hidden Opportunity: Style Premia Strategies

    5

    Beyond Volatility: Sophisticated Risk Management

    6

    The ESG Revolution: Reshaping Investment Landscapes

    7

    Finding Serenity in Challenging Markets