This book offers a straightforward and disciplined strategy for investing in the market. It allows the investor to be aggressive but with some level of downside protection. Most importantly, it offers a way for the investor to separate himself from the emotions of a volatile market. Faber writes about a topic that is confusing to many, but even those with only a basic knowledge of finance and investing will be able to follow his logic and understand his research. I truly believe that this book will change the investment landscape and steer people more towards a disciplined strategy using ETFs versus speculating in individual stocks, buying high-priced mutual funds, and using other more needlessly elaborate products. There are some similarities between the work of John Bogel and Mebane Faber, so anyone who enjoys reading Bogel will like this book, too. Even true buy-and-hold investors should check out the Ivy Portfolio to at least gain a new perspective on a changing investment landscape.Get more detail about The Ivy Portfolio: How to Invest Like the Top Endowments and Avoid Bear Markets.
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