Preface

Introduction

The Y-Process Can Be Used to Increase Returns by Reducing Risk

Benefits for Investors

This Book Is Written for Three Levels of Investors

Two New Disclosures in the World of Investing

Special Features

PART ONE: THE NOVICE INVESTOR'S FIRST VENTURE INTO THE STOCK MARKET

1. Accumulating Wealth Begins with Six Simple Tenets

2. Investment Choices for the Prudent Investor

3. Mutual Funds: The Ideal Investment for Beginners

PART TWO: ASSISTING THE INTERMEDIATE INVESTOR TO BECOME A MORE EFFECTIVE MANAGER AT WEALTH BUILDING

4. The Psychology of Investing

5. Benchmarking: Going Beyond the S&P 500 Index

6. Why Indexing Makes Sense

PART THREE: TEACHING SOPHISTICATED INVESTORS THE JUDICIOUS USE OF THE Y-PROCESS

7. Beating the Bear

8. Schools of Strategic Investing

9. The Y-Process Strategy

10. Validating the Y-Process

11. The Devil Is in the Details

12. Stretch Your Gains: Reach for Higher Returns

Epilogue: Some Reflections on Our Ride to Beat the Bear

Appendix A: S&P 500 Index for 1940

Appendix B: S&P 500 Index for 1950

Appendix C: S&P 500 Index for 1960

Appendix D: S&P 500 Index for 1970

Appendix E: S&P 500 Index for 1980

Appendix F: S&P 500 Index for 1990

Notes

Glossary

About the Author

Index