Title: Finally, investing background/fundamentals I can understand!
Product review: Initially, I was intrigued by the title of this book when I saw it on a shelf in the University of Chicago, School of Business bookstore. I am still reading the book, but find it both informative and interesting in that it goes to great lengths (which is good for me) to explain differences between investing and speculating (of which I have been doing more of the latter, regretfully). The book also explains some of the psychologies of various investing strategies; why, how and who uses them and, more importantly when to use them. I am still learning about various bond strategies and plan on purchasing government bonds as a hedge against inflation in my IRA. This is a great book to keep nearby when you don't want to watch TV during the holidays (or for any time for that matter).
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