Manages to capture the essence of value investing quite well and contains some good ideas about risk. For beginners it's a good book to understand value investing and for existing investors it's a good cognitive recap of key ideas. Overall the 225 pages or so have sufficient depth and contains a lot of good ideas. This is not a "how to" book but more of a how to think book and it does this quite well.I've taken off a star, due to it being somewhat repetitive (unnecessarily so) especially around risk. It's also a fairly dry read so requires a bit of commitment to finish. It is definitely a rewarding book though. Top five investment guide book.What Can't We Do Can't know what the economies of the world will do Can't know whether markets will go up or down, by how much and when Can't know by how much markets will go up or down Can't know when markets will go up or down Can't know which market will do best. Can't know which security will do best What We can Do Identify asset classes Identify strategies Identify approaches Know about companies and industries Find bargins Avoid overpriced securities Limit Risk
um... i barely got past chapter 2.. it was written in a way where i couldn't make any sense of it..
—Austin
Lots of sound principles for successful investing. Summary: Do your homework.
—gathara
This book reveals the most important thing(s) about investing.
—Joana1119
It is a book with reading over and over again
—Janabreann
