131
people found this helpful, as of 2023
ranked #222,459 most helpful
out of 571,544,897 reviews
★★☆☆☆
Nothing Practical
They say book reviews reveal more about the reviewer than the book. That’s probably true here. I was hoping for something practical. This is not practical.
I’ll quote p. 4-5 of the book, because this is what I would have wanted to know up front before buying…
“This is not a ‘how-to’ book, but it is a ‘why-to’ book as well as a ‘why-not-to’ book. Let’s be clear: what I do specifically as a safe haven investor is not to be a attempted by non-professionals….”
“So, I will not be holding your hand and teaching you how to do it.”
So it’s a book explaining all the benefits of risk mitigation… why it’s absolutely critical... lets you know how awesome Universa has done because of its implementation… and then it gives toy examples using dice.
Maybe if this book didn’t include “Investing for Financial Storms” in the title… I would have had different expectations and simply enjoyed the history Bernoulli & Nietzsche and how neatly logarithms create intuition about geometric averages.
But since I was expecting a book that actually helps one to invest “for financial storms”, I’m greatly disappointed.
August 2021 · Books · verified purchase