The Unwritten Laws of Finance and Investment

by Robert Cole

While most financial and investment advice focuses on recent trends, or encourages consumers to buy a favoured product, this book breaks the mould, offering eternal wisdom that draws on years of expensive failures and enviable successes. Following on from the success of James Skakoon's The Unwritten Laws of Business, this approachable but thoughtful gem brings together these useful lessons for the first time.

Covering everything from reminders of the simplest of truths - 'Patience is a virtue' and 'Better safe than sorry' - to the more troublesome - 'Inflation is the stealthiest of enemies' and 'Guarantees are rarely guaranteed' - each law is presented in an accessible, easily digestible manner, and illustrated with examples. This is essential reading for savers and investors, novices and old hands - and these laws are applicable all around the world.

Genres: Finance

160 pages, Hardcover

First published October 1, 2010

Reviews

[Daniel · Rating 3 out of 5]

Quite a number of advice though some have been heard of already. It's still an easy read, though one may find it a bit simplistic.
Quote:
Work intensely to lower the investment expenses
Sell when
It has made $ +
When there is another better place to invest +
A real threat a price will fall
Look for way out before going in (e.g. Pooh story of stuck in tree hole)
When there is income, there is value

[Ollie · Rating 3 out of 5]

Brilliant, easy to understand introduction to the topic.

[Charlie Lake · Rating 4 out of 5]

Yes some undisputed hidden information gems on investing hidden in this short easy to understand text . Definitely recommended.

[Shivani · Rating 3 out of 5]

Initially the book was so much interesting and engaging. But, in the further chapters the sames point were rephrased and stated so the curiosity to learn something new subsided.

A good read for beginners of Finance and Investments. Some very insightful points are mentioned.
I also liked the layout of the book.