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Readers reviews of Other Peoples Money

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This is the story of the HIH insurance collapse. Read this book and weep. It also exposes the very shaky foundations on which classic investment analysis is built. If the base figures for company accounting are manipulated, concealed, or adjusted then every subsequent conclusion and analysis is fatally flawed. If the highly paid financial experts and analysts cannot discover these obvious manipulations until after the fact then there is little hope for other classic investors who try to use the same analysis methods.


Luckily price in the market place tells the story objectively. A look at the HIH price chart revealed this was a company in serious trouble. Traders and investors who use this objective information were spared the impact of the disaster.


This book confirms the traders confidence in chart analysis.

 

 

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