I've read over 30 investment books and I would qualify myself as an "intermediate" investor (ie: manage my portfolio for over 15 years with good results). After reading this book, I felt that I did not have any other choice than writting a review to warn everyone else who is considering buying it. In brief, this is by far the worst investment book I have ever read...



On the positive side, some of the general ideas behind this book are valuable (i.e.: using ETF, favor automated trading to limit emotional bias, etc) and the concept of "investment rate" is intriguing.



However, appart from that this book is 99% a promotional booklet for the author services. It is highly repetitive and few chapters are pure fillings to get to the number of pages required by the editor. The few valuable ideas are presented at too high level without any empirical evidence. Last but not least, the writing style is poor and arrogant.



There is nothing useful for someone who is questioning the buy and hold approach. Although not perfect but way better would be the book called "buy don't hold".

Читать «Buy and Hold Is Dead: How to Make Money and Control Risk in Any Market»

Купить электронную версию