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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