Book Summary: The Four Pillars of Investing

Book: The Four Pillars of Investing

Author: William Bernstein

Key Takeaways:

I learned nothing new, which means the book is useless to most intermediate investors. It’s a decent overview of investing if you’re a beginner, but then again, there’s not a compelling framework being offered. The book reads like a bunch of essays hurriedly collated together in four groups: theory, history, psychology and “business”.

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