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A**R
“I wish I had read this,” you finish the sentence.
I liked the price, the prose, the actual information and the academic rigor. I appreciated the References section. I would recommend it to everyone, experienced and beginners alike. There’s is always a bit o wisdom never page.I also liked the explanation on the psychological aspects of investing. Good read!
T**S
A new way of looking at bear markets!
This book was invaluable for taking the sting out of the inevitable bear markets we'll all face in our investing lifetimes and showing ways to actually embrace and view them as actual opportunities for successful investment.The onion concept (Chapter 3) was particularly fascinating for me and further proof that your Cousin Larry is not an investing genius because he watches CNBC all day, but instead, how to approach investing in a bear market with a rational mindset - start from inside the onion with company 10-K filings and move progressively outward toward press releases, earnings calls and analysts reports before reaching the mainstream media/Cousin Larry level. It's the exact reverse of what most individual investors do.This book is VERY accessible - very easy to read. It's not full of investing or financial jargon that isn't first explained and it does a really great job of mixing both macro and microeconomic points of view as it pertains to business cycles and recessions which we've all been witness to. It's a delicate balance, but they've really succeeded there.
S**E
Informative
I bought this book because I am investing the stock market and like everyone else I am not sure what to do. I was happy to see that this was not a come on to invest in xyz but rather an informational guide. Some of it was over my ahead but most of what I read was very helpful. I will be referring to it regularly in the future.
S**T
sound advice for trying times
I am an experienced investor, with more than 20 years in the market, and have profited handsomely from my investments. Although I have read about investing extensively, I still found this book to be fresh and new and valuable. It reinforces some key ideas, like reading the 10-Ks and especially the notes, where all the secrets are buried, while, at the same time, warning me that the 10-Qs are not audited. Somehow, I didn’t think about that.While the book dives into details in places, there is also a lot here for the new investor. The approach is to invest carefully, taking into account your area of competence, and not fall for the incessant advice from social media, on-line analysts, and your favorite uncle.As I write, four months after New York City locked down due to COVID, I really needed the sensible, believable, pragmatic approach in this book. There is so much fear and uncertainty in the market right now, and the talking heads are out in force. The authors explain the gold market, some of the cryptocurrency stuff, a few useful option strategies, as well as more traditional strategies such as buying stock in defensive sectors. There are some great recommendations for ETFs as well. I feel better about my portfolio already.
A**.
Good high level research
For the common investor, there leaves a lot to go through and understand without too many formulas provided. Again, good background but lacks here's what to do
C**5
Fantastic! A must read, then read again
This book was an educational experience. Well written and laid out, easy to follow, and made somewhat difficult material easily understood (options). It contains plenty of excellent historic references and takeaways, and a variety of tools and strategies to seek new opportunities in challenging economic times. This will be a reference moving forward and I'll be doing so with far more confidence thanks to this book.
E**R
So timely! Must read for 2020!
The advice on how to handle a Bear market was SO easy to understand and easy to execute the suggestions. Options and bitcoin may seem daunting, but they won't after you read this book. I have to admit I had my brokerage account open at the end of each chapter, ready to evaluate what I had done... Even at the end of the book the topic shifts, again in a timely way, on the risks of the time. I will re-read this book again in a few months as 2020 continues to be volatile.This is a MUST read... Thank you for the sound advice!
A**E
A Ton of Information
This book flowed-well. For someone who is not savvy with this kind of information, but wants to be, I found this to be a well-flowing, comfortable read. There's a ton of useful information about the current status of the market. It reminded me to slow down when investing. It also gave me a good glimpse into our human flaws around this topic, and what we need to navigate these moments.
Trustpilot
2 weeks ago
2 weeks ago