Category Books

“Your Portfolio is broken” by Chris Turnbull- A book review

In a nutshell In “Your Portfolio is broken” Chris Turnbull looks at what’s wrong with the advice, investment management practices and business models in the Canadian context. The advice model tabled in this book is based on CFA Institute best practices then using a portfolio implemented using a passive/index based approach which is then delivered […]

“The gone fishin’ portfolio: Get wise, get wealthy…and get on with your life” by Alexander Green

In a nutshell Green’s 2008 book is a quick and informative read about how one might build a one-size-fit-all portfolio which only requires 20 minutes a year of maintenance. Worth a read even if not everyone would agree that: such a risky portfolio is appropriate for everyone (age 25 or 65), with the specifics of […]

“Paper Promises- Debt, Money, and the new world order” by Philip Coggan

Contents: Reading Philip Coggan’s new book is not only well timed given the Quantitative Easing (“financial repression”) in progress in many countries and Euro/PIIGS/Greece/Cyprus crisis, but it is time well spent in general on looking at the history of money and debt, and where we might be heading next given the current mess that the […]

“A Canadian’s best tax haven: The US” by Robert Keats

Despite the recent story about one of the Facebook founders giving up his US citizenship to move to Singapore for tax reasons, according to Robert Keats, in his latest book, he suggests that for Canadians in search of a tax haven (and warmer climate) US is the superior destination compared to traditional tax havens; and […]

“The Intelligent Portfolio” by Christopher L. Jones

This book offers easy to understand investment advice, explains what’s important and what is not, and how/why things work the way they do based on modern portfolio theory. Well worth your reading time. While the book does a great job on the retirement asset accumulation part of one’s lifecycle unfortunately, it dismisses quite lightly the […]

“Thinking, Fast and Slow” by Daniel Kahneman

In his book “Thinking, Fast and Slow” Daniel Kahneman describes a theory of humans’ two modes of thinking: System 1 (fast, subconscious, effortless, automatic) and System 2 (slow, conscious, logical, requires effort, responsible for controlling behaviour) Our tendency is to tackle incoming stimuli with fast and effortless System 1, but result may lead to decisions which […]

“The Intelligent Investor” by Jason Zweig

“The Intelligent Investor” by Jason Zweig   Benjamin Graham,“The Intelligent Investor” (revised edition), Harper Business Essentials, 2003 is a classic on stock selection based on fact rather than emotion, with comments by Jason Zweig (WSJ’s current personal finanace writer).