I am not sure what this book is trying to enunciate or whom it is targeted to, as you will see from my discussion below:
The first 8 chapters of this book are excellent and I am sure I will refer to them time and again.
The next chapters 9-14 enunciate, in excruciating detail, why the present decade will not be such a balmy one for equity investing.
The next chapters, 15-17 deal with investment psychology.
The next chapters, 16-18 deal with investing in stocks and bonds.
The balance of the chapters 20-24 deal with investing in hedge funds, gold etc.
The author shows that blindly investing in stocks and assuming that the… Read more