How I Invest My Money: Finance Experts Reveal How They Save, Spend, and Invest
P**A
Super "Down-to-earth" insight into personal finance
Josh the book just arrived this morning here in London, UK. It's the first book I've ever pre-orderer and the first one that hasn't come by recommendation or through syllabus requirement during my studies. I've watched you on CNBC for a while and just had a feeling the book would be right up my street. I can confirm 24 pages in that I can't put it down. It's a fantastic read and grabs you straight off the bat resonating with my own perspective of finance and investment. Love the personal and down to earth insights you have managed to collect from the lives of these professional investors. Great Read! All the best. Perry
R**Y
Started well but went downhill
The sample was much better than the book as a whole. Ultimately disappointing although there are some valuable thoughts here such as one writer saying that he knew he held too much in cash but this was a worthwhile price to pay for financial independence. But as a selection of major financial influencers, they should have given us moreAs a reader from the UK, I can get past the different types of accounts and their tax treatments. But where the book falls down is the lack of clarity regarding the percentages allocated to savings or pensions and the asset allocation within those categories. For example when someone says that they invest in index funds and startups - what is the split, because 95/5 indicates that startups are like a hobby, whereas 50/50 would make a profound statement about their investing philosophyAnd I could do without the “investing in myself and my children”. Surely what we also want to know is whether these people are investing like the rest of us or are they pursuing paths not available to or used by the general public. And to what extentPerhaps what is most revealing is that in many cases their business ownership will be their biggest asset - and despite what one contributor said, financial advisers rather than their clients are the ones driving the expensive cars! Unsurprising when charging 1% on assets managed would produce a $100,000 fee for managing $1m over a 10 year period. The final contributor even foolishly lets slip that taking on more clients and fees goes straight to his bottom line. Now retired, I think I picked the wrong career ...
L**N
Great Book
I really enjoyed this book. Some of the leading financial experts spend just a few pages each explaining how they invest their money. What comes across really though is WHY they invest their money rather than HOW and each one does it differently, for many different reasons, despite most people knowing the optimum way to invest. And the pictures by Carl Richards are great as you would expect.
U**S
Behind the numbers
Enjoyed reading the softer, human side, behind how and why these professionals invest and handle their finances. A fan of the chapter set-up of a handful of pages per contributor.
E**H
Interesting book on how financial advisors / managers view their personal finances
This book is not another "how to" on how to pick stocks, or day trade, or mimic Charlie Munger or find good dividend-payers.... The book clearly states that is not its purpose. What the book does do (and this is something I've never seen before) is to explain how financial advisors, fund managers, etc. approach their own money and their general philosophies of wealth and money. It tries to explain how these people approach money from a personal level....what do they do with their personal finances? In the majority of cases, these people may approach their personal finances in dramatically different ways than how they approach other people's money. A very interesting, enjoyable and enlightening read.
R**Y
Well Worth the Read
With this book you get is a diverse selection of people involved in the investment industry who talk about their own backgrounds and personal experiences with investing. It's definitely not a "how-to" book on investing, although certainly there is something to be learned. What I took from it, and appreciate, is that one's approach to investing might not always match the theoretical ideal. Furthermore, there are different ideas as to what that ideal might be. Your investing process can be a kind of journey, changing as you change. So much of investing, and finance in general, is psychological rather than economic or mathematical; what this book gave me is permission not to beat myself just because I haven't achieved the ideal investment strategy. For that reason alone, it is worth every penny.
S**A
Esperienza di esperti
Ottimo libro che racconta come investono i loro risparmi dei professionisti del settore, vari insider del mercati finanziari. Ogni uno di intervistati ha scritto un breve esse sul tema. Consiglio!
R**O
Insightful
I found this a great read. I was surprised by how normal the life, family, investing experience was for all these successful contributors. Sometimes perhaps it’s easy to think others have more fortunate and dazzling lives. This book showed similar stories we all have. It was inciteful, the investing styles, sometimes contradictory to each other. I’m glad I read this and recommend it for others to read.
R**N
Informative book
I liked this book. It's easy to read because it is interesting and informative.How money managers think of money and deal with theirs will help guide me in the future.Identified with many of them. Took a few pointers from some.
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