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Zvi Bodie and the Keynes' Paradox of Thrift
Efficient Frontier
[Opinion] Jan. 14, 2004
Excerpt: Academician, raconteur, and all-around good guy Zvi Bodie [has] a noteworthy new publication, Worry Free Investing ... The book combines Bodie's nonpareil grasp of the financial markets with Clowes' prose skill, providing solid advice to anyone seeking guidance on retirement saving. Stocks, he points out, are riskier than they seem ... [Bodie says also that] TIPS should form the core of your portfolio. I do have several quibbles with the core-TIPS concept.
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