What do you think?
Rate this book
Investment Illusions: A Savvy Wall Street Pro Explores Popular Misconceptions About the Markets
What the experts are saying about INVESTMENT ILLUSIONS
"One of the most entertaining, readable, and well-informed books onpersonal investing that I have seen. With erudition and wit,Fridson takes aim at the shibboleths, sacred cows, and snakeoilsalesmen of the personal investing industry. Investment Illusionsis a practical and engaging 'how-not-to' guide." --Stuart C.Gilson, Assistant Professor of Business Administration, HarvardUniversity.
"Investment Illusions presents much good financial advice and agreat deal of financial history, especially recent financialhistory, in an easy-to-read style. I enjoyed it." --Harry M.Markowitz, Nobel Laureate in Economics, Marvin Speiser Professor ofFinance and Economics, Baruch College.
"Once in a while, you read a book which makes you think, 'I wishI'd read this book ten years ago.' Investment Illusions is such abook. I found it highly entertaining as well as instructive--thekind of book you pass on to a friend." --Richard Lehmann,President, Bond Investors Association.
"Illusions can seem tangible and yet be fallacious. As usual, MartyFridson uncovers minefields in some of the most importantinvestment fundamentals in a clever and intuitive fashion." --TonyKao, Director of Investment Research, General Motors InvestmentManagement Corporation.
"One of the most entertaining, readable, and well-informed books onpersonal investing that I have seen. With erudition and wit,Fridson takes aim at the shibboleths, sacred cows, and snakeoilsalesmen of the personal investing industry. Investment Illusionsis a practical and engaging 'how-not-to' guide." --Stuart C.Gilson, Assistant Professor of Business Administration, HarvardUniversity.
"Investment Illusions presents much good financial advice and agreat deal of financial history, especially recent financialhistory, in an easy-to-read style. I enjoyed it." --Harry M.Markowitz, Nobel Laureate in Economics, Marvin Speiser Professor ofFinance and Economics, Baruch College.
"Once in a while, you read a book which makes you think, 'I wishI'd read this book ten years ago.' Investment Illusions is such abook. I found it highly entertaining as well as instructive--thekind of book you pass on to a friend." --Richard Lehmann,President, Bond Investors Association.
"Illusions can seem tangible and yet be fallacious. As usual, MartyFridson uncovers minefields in some of the most importantinvestment fundamentals in a clever and intuitive fashion." --TonyKao, Director of Investment Research, General Motors InvestmentManagement Corporation.
240 pages, Paperback
First published March 1, 1993
3 people are currently reading
42 people want to read
Ratings & Reviews
Friends & Following
Create a free account to discover what your friends think of this book!
Community Reviews
Displaying 1 - 2 of 2 reviews
February 17, 2015
I don't think this book should be highly rated like it has been given so far (4+/5).
So the basis of the book is a collection of topics, in no order what so ever, with following examples that go against the pretense of that topic. For example, it may talk about municipal bonds and give an example which municipal bonds were a disaster or unfavorable.
So the good thing about this book is that it covers a bunch of topics that may or may not appeal to you as an investor. The diversity of topics is great. The bad aspect is that the examples have to be taken with a grain of salt. Yes, the examples are true but there is no statistical backing of how common it occurs.
Overall, it is a good read and would recommend it. However, be sure to self analyze as you read along.
So the basis of the book is a collection of topics, in no order what so ever, with following examples that go against the pretense of that topic. For example, it may talk about municipal bonds and give an example which municipal bonds were a disaster or unfavorable.
So the good thing about this book is that it covers a bunch of topics that may or may not appeal to you as an investor. The diversity of topics is great. The bad aspect is that the examples have to be taken with a grain of salt. Yes, the examples are true but there is no statistical backing of how common it occurs.
Overall, it is a good read and would recommend it. However, be sure to self analyze as you read along.
January 3, 2016
All investors need to read this. Classic.
Displaying 1 - 2 of 2 reviews