Blind Faith: Our Misplaced Trust in the Stock Market and Smarter, Safer Ways to Invest [Paperback]

Edward Winslow (Author)

Book Description

Publication Date: April 2003

- Over 40 percent of households own some form of common stock

Editorial Reviews

From the Author

The risk of investing in the stock market has increased remarkably over the last decade. In this period we’ve seen tremendous volatility in stock prices, a market bubble and its subsequent pop, a parade of corporate scandals, the demise of a leading accounting firm and proven deception by many so-called investment analysts employed by major brokerage firms. In addition, the realities of ever-increasing geopolitical risks contribute to an uncertain economic future.

Blind Faith offers a cleverly simple yet revolutionary approach for managing investments in this perpetual high-risk environment. Corporate America and the investment industry have little to gain and lots to lose when investors decide to stop playing the traditional game that can –and has – destroyed trillions of dollars of individual wealth overnight. Readers will be equipped with both the strategy and the tools for success in virtually any economic environment while ending their participation in a system that has taken full advantage of their blind faith and misplaced trust.

About the Author

1595-1655

Product Details

• Paperback: 245 pages
• Publisher: Berrett-Koehler Publishers; 1 edition (April 2003)
• Language: English
• ISBN-10: 1576752526
• ISBN-13: 978-1576752524
• Product Dimensions: 8.5 x 5.6 x 0.7 inches
• Shipping Weight: 11.2 ounces (View shipping rates and policies)
• Average Customer Review: 3.8 out of 5 stars  See all reviews (16 customer reviews)
• Amazon Best Sellers Rank: #87,205 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

17 of 18 people found the following review helpful:

5.0 out of 5 stars A Different Approach, May 7, 2003

By 

Mike Lennon (Novato, CA) - See all my reviews

This review is from: Blind Faith: Our Misplaced Trust in the Stock Market and Smarter, Safer Ways to Invest (Paperback)

It seems that all the books on low risk investing emphasize picking good companies or funds and keeping them for a long period of time. Blind Faith is different.

I'd love to be stress or worry free but traditional Cd's and money markets pay so little and I certainly don't believe that corporate America has cleaned up its act. This book taught me another investment strategy and discussed in detail investments that I never heard of before like market-linked CDs.

I enjoyed the authors cynical approach and found the book to be entertaining as well as enlightening.

21 of 25 people found the following review helpful:

5.0 out of 5 stars Love It or Hate It, June 10, 2003

By 

Josephine (Augusta, ME) - See all my reviews

This review is from: Blind Faith: Our Misplaced Trust in the Stock Market and Smarter, Safer Ways to Invest (Paperback)

If you're a conservative investor searching for alternatives that don't involve gambling or sticking with the conventional wisdom of stock market investing you'll love this book. I've made some changes to my investments as a result of information I learned from reading this well researched book. It was actually entertaining as well! 5 Stars Loved It!

If you are a big company executive or a stockbroker you're going to hate this book. The author really rips into the big brokerage firms and corporations and how they take advantage of the little guy. If everyone practiced what was recommended in the book there would be a lot less left on the table for big business to glean from the small investor. 1 Star I'm sure they hate it!

10 of 12 people found the following review helpful:

5.0 out of 5 stars A must read, eye opener for the small investor, May 25, 2003

By 

Janice Kidd (Ocean Springs, Mississippi United States) - See all my reviews

This review is from: Blind Faith: Our Misplaced Trust in the Stock Market and Smarter, Safer Ways to Invest (Paperback)

Blind Faith is a behind-the-scenes critique of the information relied upon by most market analysts. Helpful are Winslow's recommended mechanisms to preserve (at least) the principal value of your investments. Wish I had this knowledge years ago. Buy the book and be ready to take off the blinders.