The Hidden Market Anomaly That Regularly Beats the S&P 500 -- How Smart Investors Buy a Dollar for Fifty Cents

For over a century, savvy investors have quietly capitalized on a market inefficiency that lets them buy $1 worth of assets for just 50 cents. This isn't a gimmick -- it's a documented anomaly found in closed-end funds (CEFs), a little-known asset class that trades at deep discounts to its net asset value (NAV).

In A Dollar for Fifty Cents, seasoned portfolio manager Michael Joseph, CFA unveils the hidden power of CEFs, showing investors how to profit from pricing inefficiencies, avoid common traps, and build a smarter, more profitable portfolio.

What You'll Learn:

• Why CEFs trade at a discount -- and how to profit from it

• Key metrics that separate winning funds from money traps

• How activist investors influence CEF pricing

• Strategies to generate high-yield, market-beating returns

• Common CEF investing mistakes and how to avoid them

Who Should Read This Book?

• Value Investors - Find hidden bargains in overlooked assets.

• Financial Advisors - Learn how to incorporate CEFs into client portfolios.

• Income Investors - Discover funds offering some of Wall Street's highest yields.

• DIY Investors & Traders - Gain an edge in an inefficient market.

About the Author

Michael Joseph, CFA, is a portfolio manager and deputy chief investment officer at Stansberry Asset Management. His investment insights have been featured in Fortune, Kiplinger, and Advisor Perspectives. Learn more at MichaelJosephCFA.com.

Don't Overpay for Investments -- Start Buying a Dollar for Fifty Cents.

Get your copy today and start profiting from closed-end funds!

• We started tracking this book on July 14, 2025.
• The current price of this book is £7.72 last checked 8 hours ago.
• This book is currently at its lowest price since we started tracking it.

• Publication Date: April 24, 2025
• Text-to-Speech: Disabled
• Lending: Disabled
• Print Length: 104 Pages
• File Size: 15 KB