The 'Winner's Game' seems to be that of selling 300-page books extolling the virtues of passive investing in index funds - something that could be much more simply (but less profitably) explained in a short article.
For over 30 years now, I have found an extremely reliable heuristic to gauge the quality of others' thinking: it correlates highly with their skepticism about the theory of man-made global warming. This guy unfortunately fails that test.
On this theme, I'd also be interested in his views on pandemics, lockdowns and hastily developed coronavirus vaccines - another very reliable rule-of-thumb.
He also makes that classic mistake - much loved by amateur social historians - of comparing life expectancy today with that of a century prior, without factoring in the substantial increase due to the massive decline in child mortality over the period.
Would you trust someone like this with investment advice?

Mostly reiterated advice about index funds , pre tax contributions .
But the last 5% of the book was extremely enlightening regarding estate taxes , trusts , charitable donations so need to revisit . And the need for a good estate lawyer

One of the best books on investing

Plenty of straightforward advice, practical and actionable. This is a good book for beginners as they can really save time and energy when they apply the wisdom from this book.

The original idea was very interesting about seeing the investing as a loser's game when the best thing that you can do is to not lose money! This also applies to other areas (social, health etc). Similar idea has Taleb with "Via negativa" : if you want something avoid the opposite .

The book also has lot of interesting stuff to apply in your investing and i totally recommend it .

My only objection about this book is the author's obsession about index funds which according to this book is the only way. After ten years in investing i stronly believe for the small investor, who knows what he is doing , stock picking is a very viable and profitable option if he aims at long term and value investing.

A fully encompassing book on investing. Lots of valuable tips for the average investor. The strategy is indexing but there are many other tips here. If you’ve read investing books this may repeat dome things you’ve heard before and of course add some nuggets.

THE STOCKMARKET IS FASCINATING AND VERY DECEPTIVE IN THE ST. OVER THE LT THE MARKET IS ALMOST BORINGLY RELIABLE AND PREDICTABLE.

Advice doesn't have to be complicated to be good.

Disciplined investors have the confidence and perspective to endure the markets inevitable downturns.

We are confirmation biased - looking for and overweight the significance of data that support our initial impressions.

Four ways to achieve an unfair CA in FM;
i) work longer hours
ii) think more deeply and further into the future
iii) remain calm and rational
iv) index

Leverage is all too often the instrument of self destruction.

The standard historical range of corporate profits to GDP has been 4-6%.

From 1964 to 1981 the DJ went nowhere.

We can only invest what we save.

Remember that it is darkest just before dawn.

Average real returns over 100 years;
stocks 4.5% pa
bonds 1.5%
Tbills 1.25%

Any funds that will stay invested for 10+ years should be in stocks. Any funds for <3years should be in cash or money market instruments.

Un libro alabando la gestión pasiva frente a la gestión activa.

If you're already on board with index funds, then the book will feel repetitive. If not, then it's a great read.

There were one or two moments where I felt the author made a really insightful comment, and I wish he had taken time to delve into the subject further. One that stood out was the present value of future savings. He also had some great life/managent advice, but breezed over them in short paragraphs.

Recommend reading, especially if you're not yet sold on indexing/unsure where to start for retirement planning

The advice in this book is sound, but the writing is way too repetitive. Basically, he says that history and research shows that index funds are, on average, better performers than actively managed mutual funds or individual stocks. And he somehow manages to fill this book with hundreds of different ways of saying the same thing over and over again.

Much more actionable and comprehensible than similar investing literature. Smart, calm and polished.

Excellent book about investing. Very accessible to those who may not be monetary experts. Clear cut, concise and easy to follow instruction on how to invest in ways that minimize risk, keep expenses lower and to yield returns that can meet the individual investors needs.

Recommended to me by a friend. A good suggestion...that I'll pass along to you.