Lifecycle Investing

Ian Ayres and Barry Nalebuff, both economists and professors at Yale University, have come up with an idea they believe will help long-term investors earn higher returns with lower risk: borrow money to invest in stocks when you're young. It's a controversial strategy that can use the help of a persuasive narrator. Gerry Gartenberg handles the task skillfully, navigating this well-written but sometimes technical text with ease. He moves at a fast pace during the conversational passages and slows down appropriately when working through the calculations. While some of the mathematical illustrations are hard to follow on audio, all of the book's diagrams and tables are available on the book's Web site. D.B. (c) AudioFile 2010, Portland, Maine