14 of 14 people found the following review helpful
Stories are more powerful than data,
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This review is from: Wise Investing Made Simple: Larry Swedroe's Tales to Enrich Your Future (Focused Investor) (Hardcover)
Larry Swedroe, a prolific author on investing, has written another great book. In Wise Investing Made Simple, he examines the very core of our beliefs that much of Wall Street and the media reinforce. Swedroe also explores the cost to the investor for assuming that these beliefs are true.
If you're looking for another book regurgitating data on the underperformance of complex active investing, you won't find it here. In place of mind-numbing, forgettable data, Swedroe imparts his message through real life stories. These stories give us something relatable and memorable to take away from the book, and inspire us to make changes - financial changes, in this case. Each story has a valuable "moral of the tale."
Stories are also more fun to read than a bunch of data tables, and Swedroe is entertaining as he delivers his valuable advice. The moral of his tale is to build wealth for yourself rather than Wall Street.