The Investment Answer

“An excellent primer for the investor who is not a finance specialist.” –Eugene F. Fama, Robert R. McCormick Distinguished Service Professor of Finance, Chicago Booth School of Business, widely recognized as the “father of modern finance,” Nobel Laureate in Economics, 2013

“Goldie and Murray have distilled the essence of the matter, andexplain in clear English, the advantages of using a fee-only financial advisor, how to select such, and how to work with one in the short and long run. This is sound advice, which you will rarely if ever get from a daily financial newscast.” –Harry M. Markowitz, PH.D., Nobel Laureate in Economics, 1990, Father of Modern Portfolio Theory

“Gordon Murray and Dan Goldie have written a book that everyAmerican should read. Its clarity de-mystifies the investment process and its insights can make anyone who reads it a better investor.” –Bill Bradley, former United States Senator

“I’m glad to see Gordon and Dan collect these insights into a handy, easy-to-use primer so Gordon can stop explaining these principles at Sunday brunch and family birthdays. Full disclosure: Gordon’s my brother-in-law. That said, I found this slim volume incredibly helpful in explaining how to think about investing. It’s reassuring to know there are some simple principles anyone can keep in mind to make decent decisions and banish the vague anxiety most of us have about where we’ve put our money.” –Ira Glass, Edward R. Murrow Award winner, Host of NPR’s This American Life

“Murray and Goldie use simple yet compelling logic to explain the fundamental principles of investing. Their clear advice will improve your investment experience.” –Kenneth R. French, Heidt Professor of Finance, Dartmouth College, Tuck School of Business

“Gordon Murray and Dan Goldie share secrets that Wall Street would rather you not know. You can implement a few simple strategies at a very low cost that will outperform most of the stock picking and complicated advice hawked by high-priced brokers. Read this book and prosper.” –Joseph A. Grundfest, former SEC Commissioner, cofounder of Financial Engines, and Professor of Law and Business at Stanford Law School

“Wow! Goldie and Murray have just hit a home run. If I could give only one book on investing to my friends and family, this one would be it.” –Bob Waterman, co-author, In Search of Excellence, former director of McKinsey & Company

Daniel C. Goldie is president of Dan Goldie Financial Services, LLC, a registered investment advisory firm. A former professional tennis player and Wimbledon quarterfinalist, he has been recognized by Barron’s as one of the top 100 independent financial advisors in the United States. He graduated from Stanford University and has an MBA degree from the Haas School of Business, University of California at Berkeley.

Gordon S. Murray spent more than twenty-five years working on Wall Street, primarily at Goldman Sachs, Lehman Brothers, and Credit Suisse First Boston in a variety of institutional sales and management roles. After his Wall Street career, Murray worked as a consultant with Dimensional Fund Advisors. He is a graduate of the University of North Carolina at Chapel Hill, and earned an MBA from Columbia University.