Add to Bookshelf
Ebook $14.99
Aug 04, 2015 | ISBN 9780698406285
Ebook
Aug 04, 2015 | ISBN 9780698406285
Buy from Other Retailers:
-
Aug 04, 2015 | ISBN 9780698406285
Buy from Other Retailers:
Buy the Ebook:
- Kobo
- Apple
- Books A Million
- Amazon
- Google Play Store
About Uninvested
Bobby Monks is blowing the whistleon Wall Street, giving middle classAmericans the low down on how they’rebeing fleeced of their retirementmoney—and what they can do about it
Every month our financial statements arrive, and everymonth we glance at them, trying to understand, hopingthat we’ll come out ahead. But most of us have no ideawhat’s really going on or the costs involved. Accordingto Bobby Monks—who has been a banker and borrower,investor and entrepreneur—financial firms and moneymanagers have complicated the investing process to keepus in the dark, profiting from our ignorance.
Having dealt with the financial sector throughouthis career, Monks has seen it all. In Uninvested, hereveals how, when, and why the relationship betweenus and our money managers became corrupted—andwhat we can do to fix it. Monks shows how the systemworks not only against us as individuals but also againstsociety at large. Without our knowledge or approval, ourmoney is diverted into the pockets of CEOs and misappropriated,promoting business practices that contributeto economic inequality, political dysfunction, and environmentalwoe.
Monks’ experiences give him a unique perspectiveon how we got to this point. Drawing on originalresearch and interviews with key figures such asVanguard founder Jack Bogle, legendary investor CarlIcahn, and former congressman Barney Frank of theDodd-Frank Act, Monks teaches us how to take backownership and control of our money. As he writes:
Even in the decades preceding the most recent downturn,very few investors enjoyed financial success equalto that of their money managers. Given this, I have longwondered why investors don’t pull their money out of thesystem en masse. When we outsource our investing, we sacrifice control—but not responsibility. My goal in writing this bookis to convince you that the best (and only) way to fix thisbroken system is to awaken a critical mass of engagedinvestors and recruit them to participate more fully in theinvesting process.
I suspect that it is because most feel powerless.Unaware of the implications of their investments andunable to penetrate the excruciating complexity of thesystem that facilitates them, many seem to seek refuge in their money managers’ aura of sophistication, pretense ofcompetence, and projection of certainty. It seems to methat most investors are simply sleepwalking through theinvesting process. They have become uninvested.
Product Details
Category: Personal Finance
Ebook | $14.99
Published by Portfolio
Aug 04, 2015 | 192 Pages | ISBN 9780698406285
YOU MAY ALSO LIKE
QUICK VIEW
Add to bookshelf
The Method Method
Eric Ryan
Ebook
$4.99
QUICK VIEW
Add to bookshelf
Killing Giants
Stephen Denny
Paperback
$17.00
QUICK VIEW
Add to bookshelf
The Wealth of Choices
Alan Murray
Ebook
$3.99
QUICK VIEW
Add to bookshelf
Clark Howard’s Living Large for the Long Haul
Clark Howard
Paperback
$20.00
QUICK VIEW
Add to bookshelf
Smart Money Moves for African-Americans
Kelvin Boston
Paperback
$22.00
QUICK VIEW
Add to bookshelf
Be Your Best Boss
William R. Seagraves
Ebook
$5.99
QUICK VIEW
Add to bookshelf
How to Make a Fortune from the Biggest Market Opportunitiesin U.S.History
Ron Insana
Ebook
$4.99
QUICK VIEW
Add to bookshelf
At Any Cost
Thomas F. O’Boyle
Paperback
$19.00
QUICK VIEW
Add to bookshelf
Wealth Shift
Christopher D. Brooke
Ebook
$5.99
QUICK VIEW
Add to bookshelf
Get Rich, Stay Rich, Pass It On
Catherine S. McBreen
Ebook
$6.99
Praise
“If you want to know why Wall Street always seems to make out, evenas your investments never seem to do as well as advertised, you shouldread Uninvested. It’s a revelatory piece of work.”
—HELAINE OLEN, author of Pound Foolish
“Bobby Monks would rouse investors from their slumber, free them fromexorbitant fees, and offer them ‘Cooperative Investment Partnerships’ toreinvigorate capitalism. Whether or not his CIP concept succeeds, whocan fail to cheer him on?”
—ANDREW TOBIAS, author of The Only InvestmentGuide You’ll Ever Need
“Most Americans have surrendered control over their financial futuresto investment professionals who win even when they lose. In this clear,concise, compelling book, Bobby Monks tells why and how to reclaimpower over your money from brokers and mutual fund managers whoput their interests ahead of yours.”
—PAUL STEIGER, executive chairman of ProPublica and formermanaging editor of The Wall Street Journal
“Uninvested hits the nail right on its head. Unfortunately you and I, as individualinvestors, are the nail. Monks points out directly and fairly thatfinancial firms and money managers have intentionally made investingoverly complicated. He provides individual investors with the groundrules to protect our investments.”
—JAMES A. KAPLAN, manager, Global Governance Equity Fund
Looking for More Great Reads?
21 Books You’ve Been Meaning to Read
Uninvested
Category: Personal Finance
Uninvested
Buy Now
Ebook
Aug 04, 2015 | ISBN 9780698406285
Dismiss
Back to Top
Visit other sites in the Penguin Random House Network
![Uninvested by Bobby Monks: 9780698406285 | PenguinRandomHouse.com: Books (37) Uninvested by Bobby Monks: 9780698406285 | PenguinRandomHouse.com: Books (37)](https://i0.wp.com/assets.penguinrandomhouse.com/wp-content/uploads/2015/04/01075801/thumbnail.png)
Brightly
Raise kids who love to read
Today's Top Books Want to know what people are actually reading right now?![Uninvested by Bobby Monks: 9780698406285 | PenguinRandomHouse.com: Books (39) Uninvested by Bobby Monks: 9780698406285 | PenguinRandomHouse.com: Books (39)](https://i0.wp.com/assets.penguinrandomhouse.com/wp-content/uploads/2017/03/03173807/tastelogo1.png)
TASTE
An online magazine for today’s home cook
×
Become a Member
Just for joining you’ll get personalized recommendations on your dashboard daily and features only for members.
Find Out More Join Now Sign In
Hi,
Member Since
Account Overview Recommendations Orders Account Details Email Preferences Bookshelf
Success!
Your account has been created. Upload book purchases, access your personalized book recommendations, and more from here.