Trade Ed. Audio Renaissance 2006
CD ISBN 9781427200839 $24.95 Four CDs
This primer says that instead of buying stocks for the short-term, when prices have been run up for capricious reasons by the herd, invest for value by buying solid companies that are cheap relative to their book value, earnings, business performance, and other rational factors. The author comes from a lineage of money managers that includes Warren Buffett's partners and teachers, so he has no trouble arguing that people who select stocks in this way can do better than they would investing in an index fund. His examples and illustrations provide a sparkling flow of insights and principles. John Bedford Lloyd's delivery makes even the technical information sound exciting, grounded in real life, and easy to incorporate into a buy-and-hold investing philosophy. T.W. © AudioFile 2007, Portland, Maine [Published: JUN/ JUL 07]
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