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This brilliant, knowledeable man of finance offers important lessons for us today. I really enjoyed the historical quips along with Winston Churchill's impressive wit. It was interesting to hear about the personal side of the warring leaders from both sides.
It was fascinating to learn the lessons of the Japanese real estate market post war as well as the information regarding the stock markets during that time.
Biggs offers advice on portfolio and currency diversification. He also analyzes what worked and didn't work for survivors of World War II.
This is an audio book every serious investor should hear. It is an absorbing and thought-provoking primer on wealth creation.
12 of 13 people found this review helpful
It is touted as a finance book, however it offers more interesting history insights. The primary financial take-away is to diversify investments (investment types and international locations) and, despite big downturns during the 1900s, the stock market over time was one of the best investment vehicles. The narrator was one of the best I have heard and I found the historical insights from WWII and the Korean War unique and intriguing. This was a very enjoyable listen.
5 of 5 people found this review helpful
It's a history book. The analysis of the interaction between the markets and the political developments is very siplistc and analytically suspect. An intelligent reader can guess what the conclusions will be here (eg do you think it is good or bad to own stocks in a country that loses a great war?).