Navigate the Noise: Investing in the New Age of Media and Hype

Rating:
Summary: Great!
Review: This readable book explains very important concepts (risk/reward, asset allocation etc.) very well. Serious long-term investors would be well advised to navigate the noise (I would suggest shutting off CNBC as a start), read Richard's book, and then create a diversified portfolio that is expected to help them fund their long-term liabilities (education, retirement etc.) while matching their true risk tolerance.

Rating:
Summary: Necessity
Review: While working on a trading desk, I have witnessed people,"long term investors", lose significant sums of money by paying attention to noise. I sincerely believe this is a must read for any investor. While this book is written in a manner that novice investors can easily understand, I know of several professionals that would benefit by reading this book.