Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.1 6/24/83 v7 ucbtopaz-1.8; site ucbtopaz.CC.Berkeley.ARPA Path: utzoo!watmath!clyde!burl!ulysses!mhuxl!houxm!hogpc!houti!ariel!vax135!cornell!uw-beaver!tektronix!hplabs!hpda!fortune!amd!decwrl!decvax!ucbvax!ucbtopaz!newton2 From: newton2@ucbtopaz.UUCP Newsgroups: net.invest,net.books Subject: Re: Investment books Message-ID: <513@ucbtopaz.CC.Berkeley.ARPA> Date: Tue, 24-Jul-84 16:55:42 EDT Article-I.D.: ucbtopaz.513 Posted: Tue Jul 24 16:55:42 1984 Date-Received: Sat, 28-Jul-84 21:00:52 EDT References: <315@tellab1.UUCP> Organization: Univ. of Calif., Berkeley CA USA Lines: 13 The most sensible, readable and amiably discursive book on investing I've seen lately is by the novelist and former banker Paul Ehrdman (sp?)- I think it's got a diet-manual type name ("Paul Ehrdman's Money Book" or some such). It doesn't spend much time on the stock market (and neither should you) but it's quite good (and moves along briskly) on what seems to me to be the main question: what the hell is going on out there? What determines price movements for assets of all kinds, especially dollars, and how can you act prudently and *in time* to preserve your investment? Note I said nothing about tripling your investment. Although it is certainly not true (as some wet blankets would have it) that no book written for the public actually describes openly an optimal money-making strategy, it *is* unhappily the case that no one knows how to identify that book from among the larger class of erroneous touts.