Synopsis
Why just be contrarian when you can bet against consensus and be right? Through a meta-analysis of what moves markets and what drives human behavior, New York Times bestselling author and founder of Verdad Advisers, Daniel Rasmussen cuts through the 60/40 portfolio, exposing where empirical evidence shows the best opportunities—and where projections, models, and experts often fail—to create an asset allocation that can withstand the tests of time. In this exploration of intellectual truths in investing, Dan’s research shows that the investor’s edge lies in fundamentals over forecasts, humility over hubris, and demonstrated rules over dogma.
Details
04 February 2025224 pages
9781804091296Imprint: Harriman House
Reviews
In an ever-changing (and chasing) investing world, it’s a rarity to find a non-conformist and independent investing mind like Dan Rasmussen’s. He thinks for himself and built his world-class process all on his own. The Humble Investor challenges the received wisdoms of the establishment and educates you on a better way.Keith R. McCullough, Chief Executive Officer, Hedgeye Risk Management
The Humble Investor is a refreshing and much-needed departure from most investing books. Serious investors will appreciate its provocative take on the industry's challenges and its empirically-grounded approach to the solutions. An invaluable resource for how to think as well as how to invest.Michael J. Mauboussin, Head of Consilient Research at Counterpoint Global, Morgan Stanley Investment Management
This book poses a danger to conventional investment wisdom. It's provocative, even heretical.Patrick O'Shaughnessy, Chairman Emeritus, O’Shaughnessy Asset Management
Dan Rasmussen beautifully and clearly summarizes frontier research in finance, but also proposes many new insights for gaining an investment edge. There is a lot to learn from this book about where finance is, as well as where it is going.Andrei Shleifer, Loeb Professor of Finance, Harvard University
