I started investing because I was very unhappy with all my portfolios. I managed several thousands of dollars of my own and kept finding myself making one bad decision after another. I used all the nifty research tools. Paid for all the newsletters. Went to investing meetings. I kept loosing money. I stumbled across this daunting book and was determined to read it. It was like reading and great text book with awesome insights added in between chapters. I started to apply my new found knowledge and found myself actually beating the market. Then the bottom dropped out and in 2008. I was a lucky one. I had hedged my assets and when everything became discounted I had enough in my warchest to attack. I am very happy with the advice. I avoided a lot of pains, heartache and emotional attachment. I also learned that people that don't put there money up are speculators, as is anyone that has not read this book. It really makes investing simple and calculated. I recommend it to all investors of any style. It enhances your strengths and adds a couple new ones!