Smarter Investing: Simpler Decisions for Better Results, 4th edition

Published by FT Publishing International (August 17, 2023) © 2024

  • Tim Hale Tim Hale, Managing Director of Albion Strategic Consulting, has spent fifteen years in the active investment management industry.

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Structure sound and transparent portfolios that will help you achieve your financial goals

Smarter Investing: Simpler Decisions for Better Results, 4th edition by Tim Hale, will help you build your portfolio and make investing decisions with confidence, with a series of simple rules.

With language comprehensive and easy to follow, this updated and revised edition will guide you through the process of building a portfolio that is right for you – from establishing your investment objectives to making an effective product selection.

From the Back Cover

Most investment books offer a bewildering array of complex strategies for how best to invest your money. But often, the chances of success are remote, and the rules are impossible to follow in practice.

Smarter Investing introduces you to a simple and powerful set of rules for successful investing, helping you build an investment portfolio that suits your needs, stays the course when markets get rough and quietly gets on with the job of generating better results.

In this updated and revised edition, Tim Hale gives you all the advice you'll need and demonstrates that the key to successful investing is to do a few straightforward things exceptionally well. Smarter Investing will help you:

  • Establish what you want your money to do for you,
  • Work out how much money you need to achieve your goals,
  • Avoid the mistakes that generations of investors have made,
  • Build a balanced portfolio that's right for you, using a simple set of understandable and accessible building blocks,
  • Select robust and transparent investment products easily and effectively.

Find out what other professionals say about this book

"Tim Hale sifts through the evidence on how to invest successfully. His messages are particularly important for individual investors."
Professor Elroy Dimson, Cambridge Judge Business School

"This book provides a road map for even the most inexperienced investor to navigate through the investment maze. Its robust, evidence-based approach, combined with its simple and practical guidance allows all investors the prospect of a successful investment experience, which they richly deserve and in most cases need."Larry Swedroe, author of 19 books on investing, including his latest 'Your Essential Guide to Sustainable Investing'

"A lifetime of investment knowledge distilled into one concise, readable and actionable book. Tim busts the mystique behind successful investing. His narrative is clear, logical and slays the myth that investing should be exciting! A go-to investment guide whether novice or experienced investor."
Ruth Sturkey: Host of the Money Espresso podcast, Chair Institute for Financial Wellbeing

"Reading Smarter Investing is a smart choice. Tim Hale has written an outstanding resource to make you smarter so you will achieve better results. He has simplified the academic research that leads to smarter investing choices. He describes the emotional demons that so often prevent investors from following the advice derived from the academics. He also reveals smarter portfolios that include robust, low-cost, systematic, and passively managed funds." Mark T. Hebner, CEO and Founder of Index Fund Advisors. His book and documentary are titled Index Funds, The 12-Step Recovery Program for Active Investors

Part 1: The Basics 
Simplifying the confusion 
Covering the basics 
It only takes a minute – PACE ‘a quick way to a better portfolio' 

Part 2: The PACE Framework 
P - Smarter investment philosophy 
P - Smarter investment behaviour 
A - Smarter risk insight 
A – Smarter risk avoidance - crypto currencies, NFTs and meme stocks 
A - Smarter portfolio construction
C - Smarter product choices
C - Smarter sustainability
E – Smarter execution
E - Smarter advice 

Part 3: In a bit more detail 
Smarter insight – on-menu assets
Smarter insight – off-menu assets 
Conclusion 
Bibliography
Appendix 1: Your risk profile
Appendix 2: Goal planning 

Tim Hale graduated from the University of Oxford and holds an MBA from Cranfield School of Management. After a few years with Standard Chartered in Hong Kong working in corporate banking, he moved into the investment world, spending almost a decade at Chase Asset Management (now part of JP Morgan Asset Management) in London, Hong Kong, and New York.

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