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This jogged my thinking nicely about portfolio choices, and added a few angles new to me. In that, it is what I was looking for. However, I would be wary if I had less background in investment and its theories. I find some discussions here shallow, skewed, dismissing alternatives and their virtues. On the brioght side, the broad, if shallow survey of recent investment trends and ideas, and the history, is always worth a recap and an update. I am careful, though, when I hear the discussion suddenly dip without warning straight into opinion, with some toss-off label attached to the effect of, "the time for this sort of thinking is over." That is to me generally not really an argument but a marketing slogan. I also note that the author is a fund manager, and coincidentally points often toward a more active portfolio style using the kindly (and, I have found, costly) assistance of fund managers. His arguments skew certain ways without rigorously examining why one would choose the alternatives, or the setup for what those alternatives would be. Buyer beware, but my time spent here was worthwhile.
3 of 3 people found this review helpful