Readers reviews of
How to Beat The Managed Funds by 20%
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An interesting book with an investment focus. The strategies are built around
active management of investments in the stock market. It is good to see stop
loss gets a mention. Unlike the standard advice, Gillham places a strong
emphasis on not losing capital. He makes the point that it is the losses that
destroy your investment. Sounds like common sense. It is, but it is also
directly contrary to the buy and hold investment advice which tells investors to
ignore significant market downtrends.
The book does uses a series of portfolio examples to
illustrate how simple management tools do contribute to much better results.
This is never exciting reading, but it is worth taking the time to work through
these sections. If nothing else, it will confirm that it is possible for
ordinary people without expert knowledge to do quite well in the market.
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