I have always really liked Ben Stein. I love his dry sense of humor. I find it very funny. Many people are familiar with Ben Stein the professor fromI have always really liked Ben Stein. I love his dry sense of humor. I find it very funny. Many people are familiar with Ben Stein the professor from "Ferris Bueller" or the Ben Stein from the "Clear Eyes" eyedrop commercials but Ben Stein in real life is actually a pretty smart guy (but maybe we knew that from Comedy Central's "Win Ben Stein's Money"). In all seriousness, he is a smart guy. He was a speech writer for President Nixon back in the day and has a litany of other credits to his name. It's sort of an interesting jump from politics to comedy!
In this fairly slim book, his sense of humor is on display. This book is all about exactly what you should not do in order to be financially successful through your investments. The investments that Ben Stein focuses on are mostly stock market investments. This is a satire. Do not take Ben Stein's bad advice. The book is fairly straight forward and may be of interest both to those who already have a lot of investments and those who have not really dipped their toes into the magical world of the stock market.
With the holidays coming up, I could see this being a great gift book with wide appeal. This isn't really an investment primer but it is a good read nonetheless.
Bottom line: This book makes investment both fun and funny!...more
I know there are a lot of people out there who are just not big fans of non-fiction and there are probably even less fans of books about economics. II know there are a lot of people out there who are just not big fans of non-fiction and there are probably even less fans of books about economics. I still will urge you to read this book. This is the first Michael Lewis book that I've read but I know that I will be reading more in the future. He is also the author of The Blind Side (I love that movie so much), Moneyball, and The Big Short (apparently Boomerang was the product of some of the research that he did while he was researching and writing The Big Short).
Lewis looks at four countries that have been affected by the worldwide financial crisis over the past few years. There is Iceland, a small country who has been one of the most devastated countries throught this whole ordeal, mostly by their own hand. Greece, who is in the middle of fighting EU austerity measures. Germany, who has stepped in to be a sort of parental figure in trying to make sure that the other EU countries behave (the chapters about Germany made me laugh out loud. Seriously. You don't usually get that in a book about economics). Then there is the United States, which had so much that everyone took it for granted. All of the countries have handled
Lewis has a fantastic way of making information that can seem sort of complicated on the surface accessible to those that don't usually dwell in the world of economics. I think that because of his background in journalism, he knows how to write in order to appeal to a very broad range of people. Also, he's not an economist himself so he does a very good job of explaining things in layman's terms. While I personally am very interested in economics and got a lot out of this book, I think that those who may be a little iffy on the subject will definitely get a lot out of this book as well.
Bottom line: This is a great, easy to read book about a very important subject.