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How to Think Like Benjamin Graham and Invest Like Warren Buffett
Higher Education (
November, 2002 )
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12.99 |
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Academic overkill from a teacher not an investor  |
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This book is not so much a book that tells of what Graham and Buffett do, as the theory behind why they are right. Having read alot of investment books, particularly on value investing I must say this is the most academically focused that I have read. Although I would say that this has merit, I found it hard going in parts, and boring. I dont deny that Mr Cunningham has valid points in his discussions and you can extrapolate investment wisdom from these discussions, but none of it is explicit and there are far better books out there to guide you in this respect. For example he dedicates lengthy chapters to perfect market theory and its flaws, which is useful to know but is also a great overkill when he goes into so little detail about financial fundamentals and ratios. I suppose my 2 biggest beefs are that in no way does he tell us how he is (practically) qualified to guide us in investing (a degree doesnt count) and he makes to little reference and shows too little knowlegde of Buffet and Graham. Id stick to books by real investment masters like Jim Slater and Peter Lynch to get real value boosting knowledge!
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Earn money with stocks  |
If you read this book you will probably understand why you are losing or earning money on the stockmarket. Why ? Because you will (re)learn the fundamentals that have worked for decades. Its the best investment book Ive read in a long while. But dont forget to (re)read "The Intelligent Investor (Graham)" Happy investment....
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Excellent introduction to foolish thoughts.  |
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To coin a phrase "Doh", this book could have saved me thousands of pounds if I had only read it ten years ago. On the upside however, it has pointed me in the direction of the fool and given me pause for thought. I think this definetly makes it worth six quid of anyones (even my) money. The style of writing is an antidote to the mumbo jumbo spouted by many TV adverts, financial advisers and other members of the wise, but I think that it could easily become a little wearing over time. I have browsed the website and found the fool schools thereon at least as valuable as this book has been, perhaps even more so. I look forward to reading the UK investment guide but from the reviews I cant wait to delve into the Zulu principal too. All in all excellent work and a real eye opener for those of us whose brains have been hypnotised into apathetic compliance by the wise.
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