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It's a must read for all investors. It also analyzes reviews to verify trustworthiness. I have been reading investment books since 1957. Previous page of related Sponsored Products. Be the first to ask a question about A Wealth of Common Sense. In his book, Ben Carlson beautifully dissects the underpinnings for the following truism from Warren Buffett:  “Intelligent investing is not complex, though that is far from saying it is easy.”  But what I love about this book is that he not only explains the “what” about smart investing but also the “how.”. The amount of funds available differs widely, and so too do the deals they get into as a result. Whether you are a novice or sophisticated investor, I think you will benefit tremendously from this book from Ben Carlson. Here Carlson dispels some of the most common myths that have riled and misled investors (including myself) for ages. The target audiences are private investors and financial planners but there are insights for everyone. Bought a book on commonsense, got a bunch of platitudes. The Psychology of Money: Timeless lessons on wealth, greed, and happiness, Don't Fall For It: A Short History of Financial Scams, The Four Pillars of Investing: Lessons for Building a Winning Portfolio, Your Money and Your Brain: How the New Science of Neuroeconomics Can Help Make You Rich, The Essays of Warren Buffett: Lessons for Corporate America, Fifth Edition. But as Carlson stresses, “The best investment process is the one you are willing and able to stick with through any market cycle.”  The behavioral component of any investment plan cannot be stressed enough. What complicates investing, in short, is the human component– that’s you and me. For me I wanted more of a step by step guide. Well, even though the book didn't present any new or revolutionary concepts, it presented in a very understandable fashion the tenets for successful personal investing: defining your own investment philosophy (what is im. I would have liked to see more specifics in the asset allocation portion of the book. This is where theory and practice either collide disastrously or form a beautiful union. To start your investing journey, you need to know what not to do.

Excellent toolkit for professional or new investors. Invest, Reinvest, Rest: Investment Advice for All Generations, The Almanack of Naval Ravikant: A Guide to Wealth and Happiness. This is the reason I love Ben Carlson – he focuses on the behavior and the plan, not the portfolio. I also like the weekly roundup of interesting articles that he does (As does the finance buff) – similar to WCI monthly roundup of interesting articles in his newsletter. Please try again. We don’t share your credit card details with third-party sellers, and we don’t sell your information to others. Why or why not? The financial market is a complex system, but that … It's about investments-only retirement strategies. I have no financial relationship with John or Ben, but as usual, if you buy the book (or anything else) through links on this page, I get a few cents from Amazon. Bob is the world’s worst market timer.”  Bob’s (fictional) story is both hilarious and sad. Can WCI share the link to that post in the past?