The author does a superb job at directing the "new" and "seasoned" investor away from common errors and misconceptions that most have toward portfolio investing. The tone and philosophy of the book is very honest and refreshing, it is clear in every way that this book is meant to help guide people in both thought and action toward a very realistic approach to a long term investment strategy.
The arguments presented toward enjoying life more and worrying less was very reassuring, I agree with the futility of "watching" the market on a daily basis. This habitual ritual leads to very small rewards, and i've witnessed many people fall into this trap, the author excellently argues the worthlessness of timing the market, or trying to make that one great stock pick. Many of these points are nicely supplemented with anecdotes that are simultaneously amusing and helpful.
I was very intrigued by no load mutual funds, but surprised with the little confidence emphasized toward index funds.. I would be interested in a follow up to this book based solely on chapter six….The Path Ahead.
If you are looking for a book about fantasy, or visions of investing grandeur go watch Wolf of Wall Street… Then go and read this book, this is a definite must read for all people if you want grow your portfolio.