Investment Gurus: A Road Map to Wealth From the World’s Best Money Managers. – book reviews
Investment books are getting to be a dime a dozen – so many to choose from, so little time. Among recent works, however, Invesment Gurus: A Road Map to Wealth From the World’s Best Money Managers (New York Institute of Finance, $24.95 cloth) deserves special mention. Author Peter J. Tanous takes a simple premise – that is, what do more than a dozen of the most renowned money managers have to say on the subject of investing? – and explores it to great effect.
Michael Price and Peter Lynch are two of the noteworthy gurus who preach to Tanous what they practice in real-world investing. It’s not all advice you’ll follow – indeed, not all the gurus take the same approach or believe the same things about investing – but you’ll almost certainly finish the book with a better portfolio of knowledge than you had when you started. And, as a cliffhanger of sorts, Tanous waits until the end of Investment Gurus to recommend either an active or passive investing approach. (Hint: Whichever you guess, you’re right – and wrong.)
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