Top positive review
4 people found this helpful
An interesting and eye-opening book
on 27 March 2008
This book certainly opened up some aspects of investment that I had not been aware of, in a very readable and understandable way.
This book is now about 2 years old as I write this, and everything he wrote then about commodities has come to pass, as we have seen record prices for oil, gold, and even wheat very recently.
I cannot really agree with the cautions of reviewer "noj"; if you read the book carefully and use the same amount of caution as you would with any other investment decision, I don't see why it should be particularly dangerous. And even putting money in the bank could be regarded as dangerous these days; and if not dangerous, it's arguable whether money in the bank will hold its value, whereas if you invest in the way that M.S. suggests, you could make your "savings" grow substantially.
I would agree with criticisms of some other reviewers, that there is not enough detail about how spread-betting works, but this is not really a book about spread-betting, and there is plenty of information on the web about it. Similary there is nothing about some of the newer variations on S.B., such as binary bets. Maybe this is covered in his newer book.