How To Take Less Risk And Earn Better Returns

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Billy Beane was a baseball scout’s dream.

He was fast.  He was strong.  He had every physical tool to smash home runs to China.  But his playing career in the Big League fizzled.  

Beane was sent from team to team.  None of his coaches, it seemed, could help him reach his full potential. Beane was temperamental.  He smashed baseball bats in anger.

After retiring from active play, he became manager of the Oakland A’s.  His story was immortalized in Michael Lewis’s excellent book, Moneyball. In many ways, Billy Beane was like a stock market index.  Investors have a tough time handling them. 

In fact, most people could make more money by taking less risk.

Image by Pixabay

Read the rest of the article at AssetBuilder


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Andrew Hallam

I’m a financial columnist for Canada’s national paper, The Globe and Mail, as well as for AssetBuilder, a financial service firm based in Texas. I’m also the author of Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School (2nd Ed. Wiley 2017) and The Global Expatriate’s Guide To Investing: From Millionaire Teacher to Millionaire Expat (Wiley 2015). My mission is to educate, motivate and inspire people on basic retirement planning and best practices for investing, using evidence-based strategies. I'm happy to comment on your questions. However, please read the Terms of Use, Privacy Policy and the Comments Policy.

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