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Nobody Knows Anything: Investing Basics Learn to Ignore the Experts, the Gurus and other Fools Paperback – May 3, 2016
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- Print length134 pages
- LanguageEnglish
- Publication dateMay 3, 2016
- Dimensions5 x 0.34 x 8 inches
- ISBN-101533087148
- ISBN-13978-1533087140
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Product details
- Publisher : CreateSpace Independent Publishing Platform; 2nd edition (May 3, 2016)
- Language : English
- Paperback : 134 pages
- ISBN-10 : 1533087148
- ISBN-13 : 978-1533087140
- Item Weight : 5.4 ounces
- Dimensions : 5 x 0.34 x 8 inches
- Best Sellers Rank: #1,385,901 in Books (See Top 100 in Books)
- #347 in Knowledge Capital (Books)
- #2,878 in Economic History (Books)
- Customer Reviews:
About the author

Robert Moriarty was born in New York state in 1946. He began training as a military pilot in 1965 and became the youngest Naval Aviator during the Vietnam War in 1966. With two years in Vietnam and some 832 missions in combat, he left the Marine Corps in 1970. He worked in computers for a few years before beginning a 2nd career as a ferry pilot delivering small airplanes all over the world. He made over 240 ocean crossings mostly in single engine airplanes.
He and his wife of 30 years were computer consultants and began one of the earliest online computer retail outlets in 1995 before retiring in 2000. He began another career running a financial website in 2001 specializing in resource companies. He continues to travel the world looking for the next great mineral discovery and writes in his spare time.
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Learn more how customers reviews work on AmazonCustomers say
Customers find the book great on fundamentals of investing. They say it's full of good knowledge and practical experience. Readers describe the book as a quick, fun read that is well worth the price.
AI-generated from the text of customer reviews
Customers find the book's investment advice great, exceptional, and full of good knowledge. They say it brings a lot of practical experience and wisdom to the investment world. Readers also appreciate the superb analytical abilities and straightforward helpful trading insights. In addition, they mention the author provides essential links and resources to tools that will help investors make wise decisions.
"...Read the book!It is easy to read, logical, and rather cynical, based on years of experience watching people do stupid things...." Read more
"...It has been the best book about investing, I have ever read...." Read more
"Great little book. Easy to read and very interesting. Good advice and those who take it to heart will be financially rewarded...." Read more
"Great little book for novice investors and speculators, especially those who get sucked in by newsletter writers who make money off of them by..." Read more
Customers find the book to be a quick read with good advice. They say it's fun to read, clear, concise, and easy to grasp difficult concepts.
"...Read the book!It is easy to read, logical, and rather cynical, based on years of experience watching people do stupid things...." Read more
"...For the most part it is a good read with some worthwhile takeaways." Read more
"...As a bonus, the book is an easy read and pretty much always entertaining!" Read more
"...The problem is it so well written that people who really need to pay attention may not realize how difficult it is to follow his advice...." Read more
Customers say the book is well worth the price.
"...It is well worth the price and identifies some key characteristics of when markets are getting near tops or near bottoms for that matter...." Read more
"...if you are any kind of contrarian like I am it is a must have. The price is right for what he is laying down here. You won't regret it." Read more
"...It’s easier and cheaper than you think." Read more
"...I encourage you to think for yourself. This book has saved me a ton of money.Investing is simple but not easy." Read more
Customers find the humor in the book hilarious.
"I loved this book. The first chapter is hilarious and funny. I have read many books on the subject of trading...." Read more
"Finally; humor and wisdom! Basic reasons for the market acting as it does and how to begin to understand it...." Read more
"Love this book. Robert is funny as hell. He made me laugh a number of time while reading through his book. He a wise conrarian." Read more
"A funny, well written book about investing. A must read for anyone who thinks they want to invest their money." Read more
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Top reviews from the United States
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Read the book!
It is easy to read, logical, and rather cynical, based on years of experience watching people do stupid things. The crowd is almost always wrong at turning points. We know this and mostly we forget it. Moriarty reminds us again and again. Look at sentiment, ignore the politicians and experts, especially those with an agenda, and remember that markets always correct and regress to the mean.
Be suspicious of politicians and experts - he gives many examples and is not worried about alienating people. He calls it as he sees it - not everyone will agree.
But the most important chapter, in his opinion and mine, is the chapter "When to Sell." This chapter deserves a second reading.
In short, this book is excellent common sense advice on simple ways to reduce your losses and increase your investing profits.
Gary Christenson
It has been the best book about investing, I have ever read. I love the author, follow his articles on his homepage 321gold.com and like the way he thinks.
The book helped me to sell my first investment. To make a real profit, the first time ever. It is something, extremely valuable.
I have been reading this book many times for 2 years. This is the best book you can find if you are interested in investing, especially in resources. But the lead theme and rules of the book "Nobody Knows Anything: Investing Basics Learn to Ignore the Experts, the Gurus and other Fools" are useful for investing in any other investing area.
"I always quit when I'm winning. I'm winning now, so it's time time to leave."
No words of manipulation, conspiracy, but clear thinking of a great author!
I also recommend his second book: "Basic Investing in Resource Stocks: The Idiot's Guide"
Thank you for your books!
David Pavelka
Top reviews from other countries
There's nothing complicated or obscure about his writing style which is fine by me so long as there's content and, yes, there was plenty of content. Instead of filling the pages with dribble, he got down to the meat and potatoes of making money. Much of it I had known for years, but the funny thing is that I just didn't realize how fundamental it was. Then there were a few gems that I guess I sort of knew, but just didn't actually know that I knew. In short, both of these books got me thinking, but most importantly, they got me thinking for myself! In fact they got me thinking well beyond the content of the books! There's no magic to flipping a switch, but the resulting light can appear like a miracle. This is the effect of simplicity and why I appreciate these books so much.
I bought both books at the same time and after reading "Nobody Knows Anything" (published 2016) I dove right into "Basic Investing in Resource Stocks" (published 2019). Moriarty wrote these two books separately, but one flows into the other and they meld together so well that I really can't write separate reviews. I wonder if the publisher will ever decide to publish them together as one edition. It seems like an obvious discussion that has probably occurred already. I will post this same review for "Nobody Knows Anything" since the two books really do belong together and provide equally valuable insight in the same manner, although they are each very capable as stand-alone reads.
I just received another book by Robert Moriarty, "The Art of Peace" (published 2016). It's seems more of an autobiography than an investment book, but I'm grateful for the two that I've already read so finding out more about the author should be interesting.
Bob is as straight as an arrow and as sharp as a knife while making concepts as simple as the Buddha.
Al final del libro el autor relaciona las fuentes de información y analistas que estima más confiables (centrado en las materias primas). Información que basada en su indudable experiencia resulta interesante. No es un libro que venda humo, ni el manual estúpido que te cuenta los cinco pasos para hacerte millonario, no es pretencioso en absoluto, pero es simple y claro. Es un pequeño libro honesto en su contenido y útil en su esencia.
Gracias Bob,








