What are the secrets of the greatest investors in history – the Investment Wizards? What are the life principles, investment strategies and rules they all follow to profit, year after year, in all economic cycles?
The Ten Commandments of Investing shares the ten common guiding principles of investing as practiced by the world’s great Investment Wizards. The Ten Commandments of Investing is accessible and applicable to novices and pros alike. Their timeless advice is particularly relevant for investors navigating the post COVID-19 world. Listen to the Investment Wizards! Apply the Ten Commandments to achieve financial freedom through smart investing.
This book is basically a compilation of different famous investors and their advisory perspectives, and provides very little insight from the authors themselves. There are numerous contradicting advice. One wizard will be a proponent of diversification, others aren’t and then sums up to “just enough”, but all the points made are esoteric and abstract, subject to various interpretations depending on the perspective.
Ultimately the common message throughout the book is summarised as “listen only to yourself, work hard and put in the hours, make your own judgement, start early and be prepared to go the long run.”