Read this first

Today, most literature or other media on finance tell us how to make money. We are bombarded with stock tips about the next Apple or Google, read articles on how India or biotech investing are the next hot thing, or told how some star investment manager’s outstanding performance is set to continue. The implicit message is that only the uninformed few fail to heed this advice and those that do end up poorer as a result. We wouldn’t want that to be us!

This book starts with a very different premise. It starts with the idea that markets are actually quite efficient. Even if some people are able to outperform the markets, the vast majority of people are not among them. In financial jargon, most people do not have an edge over the ...

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