Category archives: Book Reviews

Book Review: DIY Financial Advisor

Last update on Nov. 23, 2015.

Almost a year ago, I read a book called "Quantitative Value" by Dr. Wesley Gray and Tobias Carlisle. It remains one of the best statistically oriented investing books I've read to this date. So when Dr. Gray released a new book and offered to give the first copies away for free, I jumped at the chance. In this article, I will review the new book, titled "DIY Financial Advisor - A Simple Solution to Build and Protect Your Wealth", written by Gray, Vogel and Foulke.

 

Broad Impressions

Let me start by saying what the book is not about. When ...

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F Wall Street (Book Review)

Last update on Sept. 28, 2015.

F Wall Street: Joe Ponzio’s No-Nonsense Approach to Value Investing for the Rest of Us is a book written by Joe Ponzio, which outlines an alternative way of thinking about investing: seeing a stock as an ownership to a business, not the obscure number markets regularly push higher or lower through forces unknown to the majority of its participants.

Despite the unfortunate association that comes with his name, Joe Ponzio is, unequivocally, the leading authority to apprise us of Wall Street’s poor intentions, and even poorer actions. Whether it’s rebuffing exorbitant management fees, dubious investment schemes, or downright business fraud ...

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Strategic Value Investing (Book Review)

Last update on Aug. 17, 2015.

Strategic Value Investing: Practical Techniques of Leading Value Investors is a comprehensive book outlining the main tenets, strategies, practitioners, and valuation models comprising the world of value investing.

Written by CFA1 charterholders Stephen M. Horan, Robert R. Johnson, and Thomas R. Robinson, its main purpose is to help readers find good companies at good prices. Unlike most books devoted to the subject, Strategic Value Investing reads like a college textbook, containing very thorough, research-based evidence supporting the authors’ main discussions. In addition to a theoretical approach, however, the book also includes a wealth of practical knowledge and a bit ...

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Getting Started in Value Investing (Book Review)

Last update on July 10, 2015.

Summary

Getting Started in Value Investing is a book written by Charles S. Mizrahi, Managing Partner of CGM Partners Fund LP and Editor of Hidden Value Alert, a value-oriented advisory newsletter.

It’s written with the beginning investor in mind and aims to provide readers a thorough introduction to value investing. Each of the chapters explores a different issue or principle related to the subject, and ultimately attempts to accomplish a specific task: this can be debunking some of value investing’s misconceptions; explaining its basic concepts and history; demonstrating how to apply it successfully; and teaching how to avoid common mistakes ...

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The Essays of Warren Buffett (Book Review)

Last update on June 4, 2015.

If you’ve ever wanted to understand and appreciate Warren Buffett’s investment philosophy—and what makes him the brilliant investor that he is—you may want to listen to the Oracle himself, and pick up what he considers his favorite “Buffett book.”1

 

Summary Analysis

The Essays of Warren Buffett: Lessons for Corporate America is a collection of excerpts from Buffett’s annual letters to the shareholders of Berkshire Hathaway. For many years, these letters have distilled—and continue to distill—the invaluable insights shaping the great investor’s personal approach, and have, collectively, constituted what is considered to be the definitive source for Buffett’s unique ...

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The Manual of Ideas (Book Review)

Last update on May 21, 2015.

"All achievements, all earned riches, have their beginning in an idea." - Napoleon Hill

Every time I read a book, I always ask myself what value it ultimately imparts to the reader. In the case of “how-to-invest-type” books, the vicarious pleasure of finding a compendium that challenges one to think is usually a rare experience: many authors successfully introduce us to the tenets and strategies that define a particular style of investing, but very few actually supply us with a framework for how to think about certain investments; how to approach and build our own unique process; or even how to ...

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The Art of Value Investing (Book Review)

Last update on May 7, 2015.

Imagine you’ve been invited to attend an exclusive value investing conference, featuring some of the world’s most successful and renowned value investors. You share a limo with Joel Greenblatt; sit next to Seth Klarman at a workshop; have the soup du jour with David Einhorn; and listen to Bill Ackman and others light up the ballroom tables with anecdotes of the ‘08 meltdown.

That’s sort of what it feels like reading The Art of Value Investing: How the World’s Best Investors Beat the Market.

Okay, maybe it’s not that glamorous; but readers truly are given breathtaking access to the minds ...

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