The first book to explain the new world of alternative investing, showing how anyone can use nontraditional options to significantly increase returns and lower risks
The world's elite investors have long relied on alternative investments to produce superior returns. Until now, these strategies were the exclusive purview of institutions and the superwealthy, but today any informed investor can play the same game.
A rainbow of investment options—timber, start-ups, master limited partnerships (MLPs), hedged strategies, managed futures, infrastructure, peer-to-peer lending, farmland, and dozens of other nontraditional strategies—can provide dramatically better gains, with less total risk, than the standard choices. In The Alternative Answer, Bob Rice, Bloomberg TV's Alternative Investments Editor, leads an entertaining and easy- to-understand tour of this world, and suggests specific alternative investments for all four key "jobs" of a portfolio: safely generating more current income, decreasing risks of economic shocks, significantly increasing long-term profits, and protecting purchasing power over time.
Regardless of experience or net worth, readers will learn exactly how to substantially improve investment performance—in the same way that the world's best investors already do. Stocks and bonds alone aren't nearly enough. Investors need an alternative answer and now they have it.
About the Author :
Bob Rice is the founder and Managing Partner of Tangent Capital, a registered broker-dealer focused on alternatives, whose principals have raised over $10 billion into hedge, private equity, and venture vehicles. He serves on the boards of registered investment advisors with over $2 billion under management, and of Gust, the internet venture capital investment platform that serves over 40,000 accredited investors. Bob appears daily on Bloomberg’s “Money Moves” with his segment “Bob’s Buzzwords” and is a frequent guest on other television and radio programs. He has also served as the Commissioner of the Professional Chess Association, and in 2
Review :
"Bob Rice has delivered a concise and punchy description of the role of Alternatives in what many have characterized as the 'endowment model.'The extent to which non-institutional investors, as well as some smaller institutional ones, can fruitfully adopt Alternatives into their investment thinking and practices will depend significantly in understanding the opportunities and pitfalls so well articulated by Rice. This should be a primary text for all investment managers to consider." - Allan S. Bufferd, Treasurer Emeritus, M.I.T
