by Paul Simister
on May 8, 2014
The full title of this book by Richard Koch is
“The Star Principle: How it can make you rich“.
In my review on Amazon.co.uk, I gave the book Four Stars. This means it is Good and Well Worth Reading.
Here is my book review.
Putting strategy into owning, investing or working in a business
In 1970, the Boston Consulting Group publicised a two-by-two matrix that became very famous in the business world and is known as the Growth-Share matrix.
Based on ratings on high and low across two dimensions, market growth rate and market share of a particular firm, it creates four categorisations:
1) High-high = Star
2) High share – low growth = Cash Cow
3) Low share – high growth = Question mark or problem child
4) Low – low = Dog
[continue reading…]
by Paul Simister
on April 28, 2014
In my review of
“Yes, You Can Time the Market!” by Ben Stein and Phil DeMuth
posted to Amazon.co.uk, I gave the book Four Stars.
This means I think it is Good and Well Worth Reading.
Here is my book review.
An important message
I discovered this book after reading Financial Bull Riding (LFB), a book about using the Austrian Business Cycle Theory to guide when you make investments.
In summary this is quite a boring book with a very important message that underlines the essence of successful investing… buy when prices are low. [continue reading…]
by Paul Simister
on April 18, 2014
In my review of
“Financial Bull Riding” by Roger McKinney
I posted on Amazon.co.uk, I gave the book Four Stars.
This means I think it is Good and Well Worth Reading.
Here is my book review.
Can You Use The Austrian Business Cycle Theory For Investing?
This is an interesting book but I intend to start with what I don’t like before explaining why I think it’s well worth reading for some people.
What I Don’t Like
1) It’s written around an analogy of bull riding at a rodeo. I found it more distracting than helpful but then, I know nothing about rodeos.
2) It assumes a level of knowledge of economics, finance and investment. It’s therefore not a book for beginners. [continue reading…]
by Paul Simister
on November 11, 2013
The full title of this book by John Mauldin and Jonathan Tepper is
“Code Red: How to Protect Your Savings From the Coming Crisis“.
In my review at Amazon.co.uk, I gave this book Four Stars. This means that it is Good and Well Worth Reading.
Here is my book review.
It’s time to be scared… very scared
This is an excellent book about the current economic climate of exceptional action by central bankers with quantitative easing and the suppression of interest rates.
It’s written in a very easy to read and understand style and will help anyone gain a better understanding of how the economic situation could play out. [continue reading…]
by Paul Simister
on November 11, 2013
The full title of this book by Craig Rowland and JM Lawson is
“The Permanent Portfolio: Harry Browne’s Long-Term Investment Strategy“.
In my review at Amazon.co.uk, I gave the book Five Stars. This means I think it is Excellent and is Very Highly Recommended.
Here is my book review.
Excellent lesson on effective diversification because of economic uncertainties
I was introduced to the idea of the Permanent Portfolio by a magazine article and I wanted to know more so I bought the book.
It sounds strange but I found it hard to put down as I finally had the nagging doubts I had about diversification erased from my brain. [continue reading…]
by Paul Simister
on June 28, 2013
Crash Proof 2.0: How To Profit From The Economic Collapse by Peter D. Schiff
Book Review Rating – 4.5 Stars
Peter Schiff is an American economist and investment manager who believes in the Austrian economic theories and predicted the real estate crash that came close to ruining the world’s economic systems in September 2008.
But he expected the problem in America to be much worse than we’ve seen so far.
The format of Crash Proof 2.0 is interesting. You get the chance to read:
- His original thoughts that were published in 2006.
- His updated thoughts after the real estate crash that were written in 2009. [continue reading…]
