An elucidating take on alternative investing and wealth preservation.
Arizona-based financial adviser Annable offers a debut guide to alternative investment strategies.
The author cites unpleasant memories of the dot-com bubble and the 2008 financial crisis as his reasons for pivoting to alternative methods of investment. While searching for ways to avoid rapid asset loss, Annable encountered the Endowment Model, designed by David F. Swensen, Yale University’s chief investment officer. After Congress passed the Jumpstart Our Business Startups Act in 2012 and expanded the legislation in 2017, Annable began to apply Swensen’s diversification model to counsel “affluent, high-net-worth families and individuals.” Specifically, he advises his clients to forego the “traditional 60/40 stocks/bonds portfolio” and increase their commitments to illiquid private investments, such as venture-capital endeavors, and stable assets, such as oil, natural gas, timber, and real estate. In each explanatory section, Annable keeps the tone casual and the content within reach of laypeople. Whenever the concepts become too complicated, he directs readers to seek out the advice of wealth-asset managers—such as those in Annable’s network; indeed, the book concludes with a soft pitch for his own firm, complete with contact information. The book is a bold promotion of an endowment investment model when rich people, and their wealth preservation strategies, are under intense scrutiny by the public. However, some readers who aren’t in Annable’s client class may look askance at substantial descriptions of how the affluent can avoid taxes, limit public awareness of their financial positions, and use charitable-giving strategies that preserve their total wealth. There are also several instances when the author feels the need to qualify the legality of his strategies: “this isn’t illegal. It’s perfectly legal and very smart.”
An elucidating take on alternative investing and wealth preservation.Pub Date: Nov. 10, 2019
ISBN: 978-1-5445-0235-9
Page Count: 180
Publisher: Wealth Strategies Advisory Group
Review Posted Online: Jan. 10, 2020
Review Program: Kirkus Indie
This is not the Nutcracker sweet, as passed on by Tchaikovsky and Marius Petipa. No, this is the original Hoffmann tale of 1816, in which the froth of Christmas revelry occasionally parts to let the dark underside of childhood fantasies and fears peek through. The boundaries between dream and reality fade, just as Godfather Drosselmeier, the Nutcracker's creator, is seen as alternately sinister and jolly. And Italian artist Roberto Innocenti gives an errily realistic air to Marie's dreams, in richly detailed illustrations touched by a mysterious light. A beautiful version of this classic tale, which will captivate adults and children alike. (Nutcracker; $35.00; Oct. 28, 1996; 136 pp.; 0-15-100227-4)
Pub Date: Oct. 28, 1996
ISBN: 0-15-100227-4
Page Count: 136
Publisher: Harcourt
Review Posted Online: May 19, 2010
Kirkus Reviews Issue: Aug. 15, 1996
BOOK REVIEW
BOOK REVIEW
An extravaganza in Bemelmans' inimitable vein, but written almost dead pan, with sly, amusing, sometimes biting undertones, breaking through. For Bemelmans was "the man who came to cocktails". And his hostess was Lady Mendl (Elsie de Wolfe), arbiter of American decorating taste over a generation. Lady Mendl was an incredible person,- self-made in proper American tradition on the one hand, for she had been haunted by the poverty of her childhood, and the years of struggle up from its ugliness,- until she became synonymous with the exotic, exquisite, worshipper at beauty's whrine. Bemelmans draws a portrait in extremes, through apt descriptions, through hilarious anecdote, through surprisingly sympathetic and understanding bits of appreciation. The scene shifts from Hollywood to the home she loved the best in Versailles. One meets in passing a vast roster of famous figures of the international and artistic set. And always one feels Bemelmans, slightly offstage, observing, recording, commenting, illustrated.
Pub Date: Feb. 23, 1955
ISBN: 0670717797
Page Count: -
Publisher: Viking
Review Posted Online: Oct. 25, 2011
Kirkus Reviews Issue: Feb. 1, 1955
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