"Jackass Investing" Author Interview with NY Investing Meetup Group

Michael Dever, author of the best-selling investment book "Jackass Investing: Don’t do it. Profit from it." will present investment myths at the New York Investing Meetup Group on Thursday, October 11, 2012, at 6:45 pm.

Thornton, PA, October 06, 2012 --(PR.com)-- Mike Dever, founder and CEO of Brandywine Asset Management, Inc., will present investment myths from his best-selling investment book "Jackass Investing: Don’t do it. Profit from it" at the New York Investing Meetup Group on Thursday, October 11, 2012, at 6:45 pm.

The New York Investing Meetup Group, an educational group with over 4000 independent investors, is the largest investing Meetup in the world. The group not only produces standing room only audiences at its meetings but also provides a webinar connection so anyone in the United States and Canada can listen in. “We are looking to provide exposure to investing and economic books that provide useful insight that can ultimately help our members make money”, said group organizer Daryl Montgomery.

According to Mr. Montgomery, “Our forward looking thinking is what has allowed us to grow from just a handful of people to the largest investing Meetup in the world. Other groups have followed our lead in the past and we expect our author appearance idea to catch on as well.”

For more information about the New York Investing Meetup Group and Mike Dever’s visit, please visit the group’s website at http://www.meetup.com/nyinvestingmeetup/.

"Jackass Investing" remains at the top of the Amazon Kindle best-seller lists in both the futures and mutual fund categories. The book has received numerous 5-star reviews as well.

"Jackass Investing" outlines an alternative approach to diversification, which is quite different from conventional investment wisdom. In the book, Mr. Dever explores 20 common (and costly) investment myths and shows how to exploit these myths for profit. The book’s primary message is that risk can be reduced through proper portfolio diversification.

Mr. Dever demonstrates the difference between a “Poor-folio”, one that follows “conventional” investment wisdom, and a truly diversified portfolio. Conventional investment wisdom encourages investors to gamble their portfolios on highly correlated long stock positions. Taking unnecessary risks is the definition of “Jackass Investing”. According to Mr. Dever, “A person who is 60% long stocks and 40% long bonds is taking unnecessary risk. They are gambling.”

In contrast, true portfolio diversification leads to greater returns with less risk than a conventionally-diversified portfolio and provides investors with the ability to profit across a variety of market conditions. "Jackass Investing" makes it clear that it is not necessary to gamble with your money to earn favorable returns.

About "Jackass Investing":
"Jackass Investing: Don’t do it. Profit from it.", was written by Mike Dever, founder of Brandywine Asset Management, and published by Ignite Publications. It is available in hardcover and paperback, as well as all major eBook formats (Kindle, Nook and iBook).
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Ignite Publications
John Uebler
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