Rating: 
Summary: a terrific read for all investors
Review: This was a terrific read, especially for a "business" book. It explains in simple, interesting terms all sorts of concepts that are essential for understanding how markets work and how to manage risk. For the first time I understand that investing in the market, done properly, can mean "risk management" and steady growth for my savings, not some "get rich quick" gamble that could bankrupt my retirement.I have very little experience as an investor, however, I always believed a reputable broker would be a good resource for investment planning. This book was a real eye opener. It clearly explains how the interests of even the most prestigious brokerage houses are at odds with their clients' interests. It exposes the myth that the broker can give you an "edge" because of his experience, his research or his "inside" information. While I found the section dealing with recovering losses interesting, prevention is much more important to me. The real revelation for me was how easily I could devise a low cost AND effective investment strategy without using a broker. I don't want to sue anyone. Thanks to Mr. Solin, I don't think I'll ever be in that position.
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