Friday, August 12, 2011

Money Masters of Our Time


About the book and its Contents:

There are currently a lot of financial planners, advisers, and fund managers in the market nowadays. However, there are only a few who are truly deserving of being considered a Money Master.

This book by John Train, devotes a chapter to each renowned investor or fund manager out there. I will mention only some of them: Georgoe Soros, Richard Rainwater, and Ralph Wanger.


Review

This is an excellent book because it discusses the investment strategy and philosophy of every money master in a fair amount of detail.Unlike other books that  are devoted to only one investor, this book is more diversified.  


Difficulty Level = 3/5

This book is more of a short biography of each master investor or money master. However, to best appreciate this book, it is best to have a fair knowledge of financial terms, like bonds, stocks, credit rating, etc.

Personal Rating = 4/5

This is a good  book to read if you're looking for the investment strategy that best suits your style.

Personal finance tip for today:

Master Investors do not become successful because they copied and pasted someone else's successful investment strategy. Instead, they studied from others and from there, created their own unique investment style.




 

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