Description
Reasons to Pass : A Guide to Making Fewer and Better Investments, Hardcover by Birchmeier, Ralph, ISBN 0231207085, ISBN-13 9780231207089, Brand New, Free shipping in the US Ralph Birchmeier argues that an optimal portfolio-building strategy means patiently waiting for the few investments worthy of capital allocation. He outlines the principles required for success then examines specific reasons to pass on investments, detailing behavioral biases that disrupt optimal decision making.