Book Reviews

218 pages, Hardcover £9.01, Kindle £8.89 (Amazon) Most private investors have developed their own investment rules or prejudices, often at considerable cost. This book is a collection of rules from 24 professional investors from a mix of well and lesser-known fund managers. It is a collection of maxims rather than a guide to investing. Perhaps chiming with my own prejudices, I particularly liked the pieces by Sebastian Lyon and colleagues (“avoid highly geared companies”), William Bernstein (“if you want excitement, take up sky-diving”), ...