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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
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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.