This is the second part of a Review on Mark’s Book ‘Excellent Investing’. If you have not read the first part yet, you can find it here:
In the first part I just went through the notes I had scribbled down whilst reading through the Book and I will carry on in that manner – so here goes:
I found this Book very useful because it made me think a lot and it is an easy read – it was no challenge to work through it and make notes and I probably did around an hour a day over a week to complete it, and some bits I was obviously reading more than once in order to fully understand the importance. There were some bits near the end where I found it straightforward to whizz through them and ‘skim-read’ to an extent. Perhaps the real ‘meat’ was in the earlier bits and the middle of the Book but other readers may have a different take on this. Actually, thinking about this again some of the strongest Chapters like the Portfolio Sizing stuff are right at the end.
As I have mentioned many times, I was extremely impressed by Mark and his obvious deep experience and knowledge when I met him at the Gaydon Motor Museum. It is rare someone impresses me in this way these days and of course reading his Book as well has got me eager to know more. Fortunately Mark intends to be at the WheelieBash on 7th September so hopefully we will get a chance to chat a bit more there (although I suspect the poor bloke will be mobbed, now that he is an internationally reknowned Author !!).
Mark has pitched this Book as what he would like to have read when he had a few years of experience of the Markets already under his belt and it certainly fulfils that brief although perhaps there are bits where even more experience is needed !! Having said all that, I don’t think Beginners should necessarily rule this Book out straightaway – perhaps the best approach is to read The Naked Trader and the Shifting Shares Free eBook first and then to attack this one. OK, it might not all make sense on first reading but there are lots of good bits for Newbies here. If you find it a struggle, then revisit it in a few months.
There are some quite complex bits in the Book and for my personal tastes it is a bit too ‘Academic’ in parts but that is not really a big problem for most Readers. On the flipside Mark has put in lots of ‘Real World’ examples and that is the stuff I really like. While we are on the subject of where the Book perhaps could be better, the obvious standout for me is that I really came away with a sense of not really understanding how Mark goes about things on a more detailed day-to-day kind of basis – there is most definitely a Book2 there waiting to get out !!
I hope you found these Notes useful and if you fancy a copy of ‘Excellent Investing’ you can find links to the Book below and the cheaper one is the Kindle Version (click on the images). I am an Amazon Associates Member so if you Buy via these links then I get a small cut for passing you to Amazon – but remember all the WD Website stuff is and always will be ‘Free to Air’ and if you want to make sure my Beer Fund is nicely topped up, then this is a good way to do it (it is rumoured that the quality of my writing improves, and I have far more enthusiasm, when my bloodstream is loaded with plenty of booze !!) – many thanks, WD.
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