ETF and Philosophy

Neal's investment philosophy is based on the Kabbalah, the ancient books of philosophy and life.


"The kind of success that usually passes for prosperity in this world is based on compromise—on having one thing but giving up another. It's success with side effects: You make a lot of money, but you give up time with your kids. Or you make even more money than that, but you're depressed because you lack serenity. Or you make oodles of money—you're practically swimming in the stuff—but you earn it by lying, cheating, stealing, and walking over a bridge built of human bodies (and you wonder why you don't sleep at night)."

"None of these situations, especially the last one, creates true prosperity—because true prosperity is a condition in which you have everything. You have all the money you could ever want, plus the time to be a little league coach and a roving photographer at children's birthday parties. You run a business that propels itself from one success to another, but you also have joyous connections with the people in your life—your friends, your employees, your colleagues. and even your business competitors."

"The secret is that true prosperity is really what each of us was put on earth to achieve. And that's the key word here: achieve. You achieve prosperity not because you're smart or lucky, or because you so ruthlessly pillage your competition, but because you followed the rules of the universe."

TRUE PROSPERITY
How To Have Everything
by: Yehuda Berg
© 2005 Kabbalah Center International
Kabbalah Publishing
www.kabbalah.com

Co-Author

ETF
STRATEGIES and TACTICS


ETF Strategies and Tactics is an unprecedented guidebook covering the mechanics of ETFs, complete with approaches and techniques for hedging positions, preserving capital, and protecting assets from market volatility. There is no clearer or more practical resource for learning how use ETFs to hedge risk at low-cost than this profit-generating, one-stop resource.
Led by former chairman of the Chicago Mercantile Exchange, Laurence Rosenberg, the expert team of authors behind ETF Strategies and Tactics share valuable insight into:

  • How ETFs work
  • Unique characteristics of ETFs
  • The people who trade ETFs
  • The types of investors who own ETFs
  • Advantages and disadvantages of ETFs
After providing such basics as how ETFs are developed, what type of indices are used, and the costs that determine returns, the authors arm you with the critical tools and information that will prove invaluable in day-to-day investing.

© 2008 Laurence M. Rosenberg, Neal T. Weintraub, Andrew S. Hyman

McGraw Hill Publishing
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