Review
“Drawing on the principles of some of the most successful investors of the last century, this book is both a valuable guide to the ideas of these gurus and a fascinating elucidation of the author’s own investment philosophy of ‘valuegrowth’.” Romesh Vaitilingam, author of The Financial Times Guide to Using the Financial Pages “Glen Arnold explores and endorses all the investment concepts that I try to promote every week in the Investors Chronicle and his portraits of the g…
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This book talks a good game about showing a new, long term way of investing. Unfortunately, no real action – just talk.
The book does a decent overview of different schools of thought on investing from some leading do-ers – Lynch, Buffet, Graham, etc. However, the book spends its pages on this “overview” and fails to get at the “what to do to acheive” the Valuegrowth promises. I found this book to talk a lot about a new way to view the world of investing, but virtually silent on how you do it. No one would disagree with selecting companies with good management or strong product pipelines, but the path an individual investor can take to answer these questions was strangely absent.
If you want a book that reads like a college essay on “comparing and contrasting” the views of Lynch, Buffet, etc. this would be fine. You won’t see a path to improved investing results, but you will get an overview.
If you are interested in “how” to achieve improved investment results, this book will do nothing to help – although that sure is the implication from its PR. Save your money and your time.