AmCustomer

Complete Waste of Time and Money

Revisado: 07-16-24

If you want to hear about how impressive they are then this is your book. If you want to learn anything about their actual methods then look elsewhere. There's legitimately better information (more in depth and detailed) available on YouTube. Start there as this book is laughably lacking in everything you are likely looking for.

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Not What I Expected

Revisado: 03-10-24

I like their other books and was looking forward to this one. They discuss dozens of different scenarios and things that have happened which support their main argument. Maybe it was bad editing, but half of their stories seemed entirely random and they generally didn't even explain well enough how that story supports their thesis.

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Great Book

Revisado: 11-12-23

One of my books that I routinely play back every now and then to refresh some of its lessons and information. It covers an incredibly wide range of investing topics.

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People Who Beat the Market, Beat the Market on the upside and down

Revisado: 10-04-23

I’m not kidding when I say he repeated the above phrase regarding how to beat the market and explained it 5 times for like 10 minutes. I’ll give you a summary and save you some money: Markets go up and people make money. They get leveraged due to not considering downside. The market crashes and they get margin called so the market capitulates. Others who were more cautious buy the dip and the market goes back up etc. This isn’t an investing book. It’s hours of repetitive common sense that sounds like he had to meet a minimum word count to collect a check. If I’d used a credit I’d request a refund. This book is a waste of time and money.

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Really good listen

Revisado: 09-17-23

I wouldn’t say this book gives a ton of “insight” or anything like that. But it’s definitely interesting to get some insight into what some of the most well known investors were thinking or how they were acting at certain points.

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Incredibly Dishonest Use of Statistics

Revisado: 09-15-23

Just a brief overview of some of the logical fallacies used. The author states Over 90% of Low income people do not have a college degree and therefore are not as productive as people who have. This may be true, but it’s the tail wagging the dog. I have an incredibly hard time believing all or even most of those people would have chosen to skip university if they had the same experiences in primary school or even the opportunities to attend college without worrying about going deep into debt to pay for it.
He states that even though those same people are considered “low income” the metric is inaccurate because a large percentage of them have color TVs, air conditioners, and vehicles. He contrasts this with 1971 when very few low income people had these. I’m not sure if they are feigning ignorance or just using these to prove a point. More people have vehicles because more people need vehicles now than in 1971 when the US was much more condensed into urban areas and had not yet become the suburban sprawl we are familiar with now. More people have color TVs because they are much cheaper now due to technological innovations and changes in supply chains etc. More people have air conditioning? Compare the number of people living in the American Southwest now to 1971. It’s an absurd comparison. He may as well say they aren’t really poor because they have cell phones and nobody had cellphones in 1971.

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Best Investing Book I’ve Found

Revisado: 09-04-23

I’ve listened to or read probably every other investing book that gets recommended to everyone—from Value Investing like Buffet to Index investing like Bogle. The books range from decent but essentially useless with a takeaway of “buy a cheap index fund.” A Random Walk Down Wall Street and Common Sense Investing are the big ones here.

The Intelligent Investor for value investing, Buffets Annual Letters, etc. These are decent but outdated and require a hefty amount of luck.

I’ve even read tangentially related books like Black Swan and the Man Who Solved the Market. This is the first book out of any of these books which gives any actionable information other than “buy cheap stocks” or “buy an index fund.”

What a cheap stock is becomes debatable and essentially down to luck. Buying SPY or QQQ are not bad advice but this book gives actual methods you can use to “implement” the trades that every other book says you should be doing and walks you through his actual methods. If you’re looking for a book to listen to in the car this likely isn’t a good one though. You really need to have charts and indicators pulled up so you can test and see what they are talking about.

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esto le resultó útil a 2 personas

Best Investing Book I’ve Found

Revisado: 09-04-23

I’ve listened to or read probably every other investing book that gets recommended to everyone—from Value Investing like Buffet to Index investing like Bogle. The books range from decent but essentially useless with a takeaway of “buy a cheap index fund.” A Random Walk Down Wall Street and Common Sense Investing are the big ones here.

The Intelligent Investor for value investing, Buffets Annual Letters, etc. These are decent but outdated and require a hefty amount of luck.

I’ve even read tangentially related books like Black Swan and the Man Who Solved the Market. This is the first book out of any of these books which gives any actionable information other than “buy cheap stocks” or “buy an index fund.”

What a cheap stock is becomes debatable and essentially down to luck. Buying SPY or QQQ are not bad advice but this book gives actual methods you can use to “implement” the trades that every other book says you should be doing and walks you through his actual methods. If you’re looking for a book to listen to in the car this likely isn’t a good one though. You really need to have charts and indicators pulled up so you can test and see what they are talking about.

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esto le resultó útil a 2 personas

Good content but Casey Kasem narration style is annoying

Revisado: 08-29-23

The book essentially does whats on the tin. It’s an almanac used for documenting and reviewing the number of times the market has been up vs down in certain market and annual cycles. The content is decent although it could be better.

The narration style is incredibly annoying though. If this were a book about pop culture the narrator would be ok. But the narrator making their voice rise and fall so much when you’re actually trying to pay attention to the content is incredibly annoying.

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esto le resultó útil a 1 persona