The Lazy Person's Guide to Investing - Paul Farrell
Summary
- Some ideas for investing that don't require too much work. Essentially he suggests investing in index funds. The principle is sound, but a few caveats. One is that it is a strongly USA- centered book. Secondly, the idea presented in the first chapter is to invest simply, and the rest of the book is thus rendered unnecessary.
How I discovered it
How the book changed me
- It doesn't really apply to the Kenyan context, but a few underlying principles are useful. Don't make your investing overly complex. Invest regularly and consistently, and don't try to beat the stock market.
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