The Little Book That Saves Your Assets

The Little Book Big Priofits series is terrific. The books are short, well-written by Wall Street luminaries, and deal with important investment topics. I just got a review copy of David Darst’s contribution: The Little Book That Saves Your Assets: What the Rich Do to Stay Wealthy in Up and Down Markets. David is a managing director at Morgan Stanley, and it all about asset allocation. When it comes to investing over a lifetime asset alocation is key, far more important than picking a good mutual fund or stock.