Top positive review
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A great contrarian read for money-nerds like me
on 31 January 2017
I found this book after following a link shared on twitter to an article penned by John Kay, who for many years, has been a financial journalist for the Financial Times in the UK.
It was described as a book for people not in the industry who want to increase their chances of having hard-earned savings and investments provide them with reasonable returns.
A large chunk of the book goes through financial theory on probabilities and risk and some in-depth descriptions of the leading ideologies formed in the last century. This section was a little dense but overall illuminating. If you're a money-nerd like me, and you'd have to be to buy this book, you'll be fine wading through this brain stretch.
This book is fantastic for someone who has started the journey to financial independence like me. As we can be a self-selecting cohort of people looking to do things differently this book is perfect. It gently nudges you through a side-door as the crowd rushes past. If you're looking for financial independence it makes no sense to be dependent on someone else to make investment decisions for you. This is the books strength. With wit and insight Kay challenges conventional practices in finance and gives his take on a better and more rewarding investments.