Book Review: The Indomitable Investor
Most books that I don’t ask for are lousy. This one isn’t, and I love the title, because it indicates the long hard slog that it is to persevere in investing. IT IS A BUSINESS!! Without hard work it will not yield good results. Indomitable means persistence, and a lack of persistence will give a...
Book Review: How Markets Really Work
Do you want to make money in the short run? Beat the markets? This could be the book for you. I am a longer-term investor, but this book looks at a lot of strategies that are commonly understood by traders, and finds that the traders are wrong. What are we talking about? For the most...
Book Review: Accounting for Value
Before I start this evening’s book review, I would like to ask a favor of my readers. If you like my reviews, maybe you can say that they are helpful at Amazon. I rank in the 2000s at present, which was a challenge to get to, because not many reviewers of finance, investing, and economics...
Book Review: Accounting for Value
Before I start this evening’s book review, I would like to ask a favor of my readers. If you like my reviews, maybe you can say that they are helpful at Amazon. I rank in the 2000s at present, which was a challenge to get to, because not many reviewers of finance, investing, and economics...
Book Review: The Most Important Thing
How does one write a review for a book when it has been praised by Jack Bogle, Jeremy Grantham, Joel Greenblatt, Seth Klarman, and Warren Buffett? I am a midget among giants. I can’t write this, but I am going to try. Being a teensy part of the investment fraternity that calls itself value...
Book Review: Pandora’s Risk
This is two books in one, and very well done. The main part of the book explains risk and uncertainty in general terms, such that most people can understand it. But for those that can deal with complex math, the latter part of the book offers a lot of additional firepower. Risk is a tough...
Book Review: Acts of God and Man
Do you want to read an entertaining book about risk and insurance? Right, I know that it is not likely that anyone could do that, but this book succeeds at the the task. How does it do that? 1) It approaches the topic without using a lot of math. 2) It introduces you to...
Book Review: Encyclopedia of Municipal Bonds
Joe Mysak is one of the true experts in the municipal bond markets, journalist or not. He has covered municipal bonds at Bloomberg since 1999, and has covered municipals since 1981. I have read his work for over 12 years, and I have been impressed. So when he writes an encyclopedia of Municipal Bonds,...
Fictional finance on the rise
What if anything should we make of the surge of finance in fictional forms? Clearly the financial crisis and its aftermath has made finance a [...]
Guest post: Joe Terranova on the advantages of individual investors
In an age of high frequency trading and huge hedge funds it would seem that the individual investor would be at a distinct disadvantage. On [...]
Book Review: The Hedge Fund Mirage
In 2003 a financial gun was put to my head, telling me to relocate or be severed. I took severance because of all the ties my family had to the area. I landed at a hedge fund near me, one well enough run to be immune to the criticisms of this book. The first thing...
Guest post: Carl Richards on confusing investing with entertainment
Every new year is filled with financial strategists, pundits and gurus weighing in with their predictions and forecasts for the financial markets. You can see [...]
