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The Best Investment Writing: Selected writing from leading investors and authors

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Are you looking for some ideas to help you improve your portfolio? Let the brightest, most insightful minds in investing help. The Best Investment Writing – Volume 1 contains 32 hand-selected articles. These are the best pieces from some of the most respected money managers and investment researchers in the world. You’ll get valuable insights into: -- The strategies that produce some of the highest historical returns -- Five due diligence questions we must ask before investing -- Why we often make poor “complex” investing decisions -- The easiest, most powerful method to estimate future stock returns -- How to spend our investment gains to maximize genuine happiness The Best Investment Writing – Volume 1 reads like a masters course in investing. See how it can help you become a better investor today. With contributions from: Jason Zweig, Gary Antonacci, Morgan Housel, Ben Hunt, Todd Tresidder, Patrick O'Shaughnessy, Meb Faber, David Merkel, Norbert Keimling, Adam Butler, Stan Altshuller, Tom McClellan, Jared Dillian, Raoul Pal, Barry Ritholtz, Ken Fisher, Chris Meredith, Aswath Damodaran, Ben Carlson, Dave Nadig, Josh Brown, Corey Hoffstein, Jason Hsu, Wes Gray, John Reese, Larry Swedroe, Cullen Roche, Jonathan Clements, Michael Kitces, Charlie Bilello, John Mauldin

299 pages, Kindle Edition

Published July 31, 2017

61 people are currently reading
509 people want to read

About the author

Mebane T. Faber

7 books74 followers

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5 stars
27 (21%)
4 stars
59 (47%)
3 stars
28 (22%)
2 stars
7 (5%)
1 star
2 (1%)
Displaying 1 - 5 of 5 reviews
345 reviews3,092 followers
August 20, 2018
In a world overflowing with material, the trick is no longer obtaining information but to select what is relevant and screen out what is not. As the CIO of Cambria Investment Management and author of several best selling investment books Meb Faber is perfectly positioned to help out with this task in the investment arena. Faber has taken on himself to select what he thinks to be a collection of the best writings from high quality investment thinkers.

As many collections of short stories these are loosely arranged under broad headlines. Some contributions – unknowingly - argue against each other, for example with regards to the efficacy of the CAPE-ratio. By this they provide the reader with the pros and cons of the topic. Some of the writings are better than the others but the scale is rather from good to excellent. Some of the writings are shorter than others and some are simpler than others but none is too advanced for the lay reader. This has no bearing on the importance of the texts. What is said in a simple way is often the most essential.

Presenting a number of authors in a format like this gives the reader a splendid chance of finding new favorite writers that he or she could follow more closely online. Still, given that authors with quite different vantage points write the texts, not all of them will fit all readers. For me the writings on personal finance that conclude the book feels a bit misplaced since the target audiences for most of the preceding texts are probably professional investors.

Which are my favorites? The introductory text where Jason Zweig draws investment lessons from his antiques hunting as a youth is superbly written. Jason Hsu and John West touch on the partiality for complex solutions in finance - which is one of my pet topics. Wesley Gray discusses the well-known but underappreciated problem of randomness in investment track-records in a very punchy text called Even God Would Get Fired as an Active Investor.

Dave Nadig presented some genuinely new scary insights for me discussing the discrepancy in liquidity of bond ETFs and the underlying securities. It will be crowded by the exit door when the fire alarm rings for that market! The best text in my opinion is Todd Tresidder’s Five “Must Ask” Due Diligence Questions Before Making Any Investment. What is really presented is the framework for building a strong personal investment process.

The book would have benefited from one more editing session. Copying and pasting digital material sent in can prove troublesome as fonts etc. have a tendency to change. Just a pair of examples; in one text two paragraphs are included twice and in another a missing hyphen brings the percentages of 80-90% up to a staggering figure of 8090%. The pictures are in black and white although printing them in their original color often would have improved the understanding of their message greatly. That the text is sometimes bordering on microscopic doesn’t help. It is obviously a publishing budget issue but still.

Whether you like the format with a collection of short texts is rather personal. I do like it and I always have with the books from Michael Mauboussin and James Montier as personal favorites. It is very effortless to continue to read one text after another. Naturally some readers will find the overall impression of such a book somewhat too fragmented.

I very much enjoyed the reading. So, this is volume 1? Where can I sign up for a subscription?
Profile Image for Jake Losh.
211 reviews24 followers
September 10, 2017
A good collection of essays on a number of financial topics. There's a good mix of viewpoints with maybe a slight lean in favor of active management.

Quality is quite heterogeneous, with some of the writing being stellar and some being rather poor. There were too many typos for this to be a 4-star book. Additionally, the Kindle edition lacked a table of contents, which was frustrating and, frankly, unforgivable.
Profile Image for Russ.
568 reviews17 followers
November 14, 2017
This is a must read book for any financial professional. It is a collection of articles and papers written by various professionals on topics including portfolio design, market valuation, risk management and behavioral finance. You can read those that interest you or read it cover to cover. Yes, you can find all of the content for free on the internet but who has the time to sift through 100s of websites. This book has made me better at my job and at managing my own money.
13 reviews
September 21, 2018
A good compilation of articles about investing. I would have appreciated more commentary or insights from the author.
40 reviews2 followers
January 23, 2019
Precis min typ av bok. Korta men extremt matnyttiga uppsatser om olika finansiella ämnen. Täcker i breda drag investeringsstrategier, syn på risk-reward, värdering och privatekonomi. I 80% av fallen gick det att ta med sig något från varje uppsats. Big thumbs up från någon som inte alltid orkar läsa igenom artiklarna från duktiga investerare på datorn eller mobilen, detta blev lite som en genväg för de som föredrar bokform.

Jag tyckte om upplägget och innehållet såpass mycket att jag efter 3/5 av boken beställde hem uppföljaren som kom ut nu i år.
Displaying 1 - 5 of 5 reviews

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