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The ETF Book: All You Need to Know About Exchange Traded Funds
Written by veteran financial professional and experienced author Richard Ferri, The ETF Book gives you a broad and deep understanding of this important investment vehicle and provides you with the tools needed to successfully integrate exchange-traded funds into any portfolio. Each chapter of The ETF Book offers concise coverage of various issues and is filled with in-depth insights on different types of ETFs as well as practical advice on how to select and manage them.
416 pages, Hardcover
First published December 21, 2007
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Displaying 1 - 18 of 18 reviews
May 16, 2019
A parte introdutória é excelente, já que o autor explica como funcionam os ETFs e como os índices são construídos. Já a parte mais descritiva sobre os ETFs disponíveis foi feita para o mercado dos EUA, ou seja, quase nada é aplicável para o Brasil e achei que pode ser pulada. Traz uma parte sobre como montar um portfólio e quais classes de ativos devem compor de acordo com as características da pessoa.
Porém, fiquei com a impressão que o autor faz muita propaganda de si mesmo, tanto de seus outros livros quanto da própria empresa de consultoria. Além disso, ele parece ficar ofendido com a ideia de que algumas pessoas não queiram investir na indústria de armas.
Porém, fiquei com a impressão que o autor faz muita propaganda de si mesmo, tanto de seus outros livros quanto da própria empresa de consultoria. Além disso, ele parece ficar ofendido com a ideia de que algumas pessoas não queiram investir na indústria de armas.
May 26, 2021
Libro indicato a chi voglia capire come funzionano gli ETF, oltre ad utilizzarli come strumento di investimento. Ho apprezzato molto la parte più tecnica (storia, tipologie e meccanismi degli ETF), che solitamente viene trattata in maniera più superficiale nei libri di finanza personale. La parte sulla composizione del portafoglio, invece, non ha nulla di particolare. Concludendo: consigliato a chi conosce/utilizza gli ETF e vuole approfondire, dal punto di vista tecnico, la tematica.
July 1, 2010
Probably the best book on the subject of ETF in the market. but only holds as long as the money supply is stable.
September 25, 2020
This book explain what is an ETF if someone does not know what it is and offers a really good overview of the main ETFs available in the market. The strategies of how to manage your portfolio is very clear and straightfoward. However some informations are too focused on US market. The explanation of how ETFs came to be could be left for the end of the book as optional material, if you want to hit the ground running with the bits and pieces of the subject and is not patient you going to be a bit bored, although you might find it interesting in case you like to understand how everything started without to hurry.
September 12, 2022
Quite dated.
Because of the details about how fundamental indexes can be created and managed I have a better understanding than before
Explains how ETFs that are formed as unit investment trust differ from those organized as an investment company under the investment company act of 1940. This is good information but it doesn't have a lot of practical impact day-to-day
One good thing about reading an old book is looking at things like the sector rotation funds discussed in the book. Most if not all are gone. I guess if they had been successful they would still exist.
Because of the details about how fundamental indexes can be created and managed I have a better understanding than before
Explains how ETFs that are formed as unit investment trust differ from those organized as an investment company under the investment company act of 1940. This is good information but it doesn't have a lot of practical impact day-to-day
One good thing about reading an old book is looking at things like the sector rotation funds discussed in the book. Most if not all are gone. I guess if they had been successful they would still exist.
May 17, 2019
This book is the most completed book I had read about ETF
This book has a detailed explanation of ETF including advantages and disadvantages. Also has practical tips. Not a five star due to the lengths of the book.
This book has a detailed explanation of ETF including advantages and disadvantages. Also has practical tips. Not a five star due to the lengths of the book.
November 14, 2020
It's a technical books packed with details describing inner working of ETFs, but it also has practical guides on building ETF porfolios and provides copious examples. If you're like to understand how things work before you start using them, it could be a great read for you.
April 25, 2019
Way more info than needed - target audience should be investment professionals. Read general sections.
September 16, 2023
Some fundamentals of ETFs,
July 29, 2024
This is definitely the togo book for anyone wants to know about ETF investment.
August 22, 2025
It provides a comprehensive overview of what an ETF is and the viable options. It also includes general investment strategies and some practical advice.
July 8, 2012
An ETF is a mutual fund that trades like a stock.
There. I said it. No reason to read the book, unless you like history, want to understand why some are regulated by an act of 1933 and some by an act of 1940, or want a list of ETF's which is surely outdated. Read chapter 1 for the background and the last chapter for some interesting strategies using ETF's.
I'm not saying it's a bad book, if you are a serious investor or possibly selling ETF's it's probably awesome. But the book is broked into 4 sections:
1. What is ETF's How do they work? (Good)
2. Here's the background/nitty gritty details of the different ETF's (fair but unecessary to. The general trader)
3. Here's the different kind of funds (mirrors funds available as mutual funds or general Morningstar ratings ... nothing new)
4. Here's some investment strategies (again, this is generic to trading any stock...)
Some interesting quotes. In one section he talks about how large banks "no one knows abot" Like Lehman Brthers and Goldman Sachs and Merrill Lynch, "Firms few people outside of Wall Street have heard of" Sure enough, copyright date of 2008 (probably written in 06-07).
There. I said it. No reason to read the book, unless you like history, want to understand why some are regulated by an act of 1933 and some by an act of 1940, or want a list of ETF's which is surely outdated. Read chapter 1 for the background and the last chapter for some interesting strategies using ETF's.
I'm not saying it's a bad book, if you are a serious investor or possibly selling ETF's it's probably awesome. But the book is broked into 4 sections:
1. What is ETF's How do they work? (Good)
2. Here's the background/nitty gritty details of the different ETF's (fair but unecessary to. The general trader)
3. Here's the different kind of funds (mirrors funds available as mutual funds or general Morningstar ratings ... nothing new)
4. Here's some investment strategies (again, this is generic to trading any stock...)
Some interesting quotes. In one section he talks about how large banks "no one knows abot" Like Lehman Brthers and Goldman Sachs and Merrill Lynch, "Firms few people outside of Wall Street have heard of" Sure enough, copyright date of 2008 (probably written in 06-07).
February 17, 2011
Definitely an informative read about the ETFs and I learnt quite a fair bit, even though some parts can be a little too technical and over my head. Some points are also often repeated so many times it gets a little too repetitive, and the language used in this book can also be a little too formal and academic.
Nevertheless, if you wish to purchase an ETF, a good read through this book is recommended.
Nevertheless, if you wish to purchase an ETF, a good read through this book is recommended.
January 8, 2013
While I've read many times that ETFs are more tax efficient and have lower costs than other funds, nothing ever explained how or why they were. This book explains this and and pretty much everything else about how ETFs are created and work, has an easy to understand way of comparing ETFs and a good overview of investing strategies using them.
June 16, 2010
Good information. Learnt about different types of ETF's (Unit Trusts, ETNs) etc. and also got some hints about how the leveraged, ultra short ETFs are implemented.
Probably good for Financial Advisors, though individual investors can pick a few concepts.
Probably good for Financial Advisors, though individual investors can pick a few concepts.
January 5, 2011
Interesting if you want to know a little more about ETF
April 23, 2017
Needs another update.
March 8, 2014
As interesting as expected...I was looking for more guide than fact. Index composition was interesting, though not etf specific.
Displaying 1 - 18 of 18 reviews