Larry Swedroe has long maintained that investors and fund managers have had no sustainable success when chasing hot individual stocks, and that it is much wiser to buy "baskets" of stocks from prominent indexes - always selected from a variety of major well-run companies. Inevitable market rises (and dips) and the miracle of compounding will build, over a minimum two decades, real wealth. This book brings together fourteen truths for investing and discusses how careful investing can capture many of today's big-company stock valuations that will be seen in time to have been tremendous buys.
