Oblivious Investing is an easy-to-read parable that will show you how to:
Create an effective long-term investment plan.
Spend less time managing your investments.
Worry less about your money.
Enjoy better results from your investments.
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Oblivious Investing is an easy-to-read parable that will show you how to:
Create an effective long-term investment plan.
Spend less time managing your investments.
Worry less about your money.
Enjoy better results from your investments.
Oblivious Investing is not written to be an "everything-you-need-to-know-about-personal-finance" sort of book.
Rather, the book is a story that seeks to convey one idea-the idea that long-term investing is a fairly straightforward endeavor, and it has absolutely nothing to do with all the craziness that we see in the markets from month to month.
Why is the book written as a story?
Investment books generally deal with data, charts, and so on. Investing in real life, however, deals with emotions-uncertainty, excitement, greed, confusion, fear, etc.
Oblivious Investing is written as a story in the hope of bringing the experience of reading the book closer to the real life experience of creating and implementing an investment plan.
In other words, the goal of the book is not just to explain the principles of prudent investing, but also to prepare the reader for some of the psychological challenges that will arise during a lifetime of investing.
Who is the book written for?
While the principles outlined in the book (diversification, long-term investing, minimizing costs, etc.) certainly hold true regardless of age or experience, Oblivious Investing is written primarily with younger investors in mind.
It's intended to provide a starting point for:
people who are just beginning to invest, or
people who have already started but don't feel entirely confident that they're making the right decisions.
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Most Helpful Customer Reviews
6 of 7 people found the following review helpful:
5.0 out of 5 stars
A Parable for the Times,
By
This review is from: Oblivious Investing: Building Wealth by Ignoring the Noise (Paperback)
Wow! A very concise, informative investment guide is found within the pages of "Oblivious Investing: Building Wealth by Ignoring the Noise." I wish this book was available to me when I made my leap into the world of investing. It would have save me many disappointments and frustrations.
Too often we are confused by our own bias, the cacophonous investment raucous, and well-intentioned but misguided recommendations. So how does one succeed at investing? A knowledge of and the ability to execute the fundamentals (basics), practicing self-discipline and keeping emotions under control, and being prepared and keeping proper perspective are just a few keys to investment success. In investing, as in life, success is found through understanding, planning, moderating, focusing, and executing. "Oblivious Investing" is a definite must read for those that are always chasing outsized returns and the latest "Get Rich Quick" scheme. What it takes are sticking to the basics, knowing your predispositions, and not thinking too much of one's investment skills. I will keep this book as an investment touchstone and buy copies for friends and family. In those rare instance, when I'm speaking on taxes and finances, I will provide copies to attendees.
6 of 7 people found the following review helpful:
4.0 out of 5 stars
A good, quick read illustrating a long-term investing strategy that works,
By
This review is from: Oblivious Investing: Building Wealth by Ignoring the Noise (Paperback)
This book is a great read. It offers meaningful, doable advice for building a long-term investment strategy. It points out the pitfalls of listening to the sensationalist financial media and obsessively following the short-term performance of the market. Using powerful visuals, Oblivious Investing points the average person toward an investing strategy that will work in the long run -- as long as he or she can stick with it by "ignoring the noise."
5 of 6 people found the following review helpful:
5.0 out of 5 stars
Oblivious Investing = best results. Fantastic book.,
By
This review is from: Oblivious Investing: Building Wealth by Ignoring the Noise (Paperback)
Too often investing books focus on complex details of beta coeffients, P/E ratios, etc; and not the essentials of a creating a successful strategy and actually following it.
Oblivious Investing has finally cut through all the jargon with an easy to read, easy to understand plan. I would highly recommend this book to anyone seeking to avoid the constant (and pointless) stress many of us experience by checking the market everyday. I wish I would have had this book when I started investing!
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