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Title: Almost 5 stars; and a very enjoyable read.
Review: A great read; appeals to the counter-intuitive insights of successful investors and explains a lot of human nature and how destructive it can be from an investment standpoint.I found his advice at the end however strange and incorrect. He argues against adding to a position when it goes down in price. I have added to positions and this I have found to be very effective. For similar reasons, he argues against dollar cost averaging, which I have also found to be profitable. The reasons both of these strategies can be useful are that they are counter intuitive, so his opposition to these strategies seems out of place with the rest of the book. Also, in both these instances, I find his justification not to be persuasive.The author is clearly a smart guy who writes well. I would have given the book 5 stars if it were not for those 2 issues. I purchased the book on Amazon.com and would recommend that every investor read this book.
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