Top positive review
Surprised at how insightful this book is
15 August 2015
I had been a professional investor for over a decade when I bought this book. I was slightly dismissive when purchasing it, thinking what could I learn from 'private investors'. Indeed the City often thinks of private investors as 'cannon fodder'!
However not only did I learn that my impressions were wrong; it gave me greater confidence in my own processes and methods. Furthermore, one of the individuals interviewed in this book has become a personal friend.
Guy Thomas, has in Free Capital, created a 'Market Wizards' covering private investors, some of whom frankly are as astute and sharp as anyone in the City. I would recommend reading this book with a highlighter and marking some of the quotes. There are some fantastic insights into financial markets and trading. Indeed, by risking their own money day in and day out I would suggest that these individuals have more clarity on how and why stocks go up or down than many institutional investors.
Perhaps the greatest praise I can give is that I have recommended this to members of my own family who are interested in investing in the markets. I would strongly recommend this for both private investors and professionals.