Whenever you want to learn a new subject, it’s always best to learn from others who are more experienced and successful in their field. This is especially true if you want to improve as an investor.
In Market Masters, author Robin R. Speziale interviewed 28 of Canada’s top money managers who practise various investment styles to get insight into their beliefs and philosophies and the methods that have made them successful. It shows that there is not just one approach to succeed in the world of investing.
Different investing strategies
Don’t be put off by the book’s length (almost 600 pages). This well-organized book is divided into six parts, each representing different investing strategies, and profiles the “market masters” who are proficient in each style:
- Value investing
- Macro, or top-down
- Other – including robo-investing and Beat the TSX
In each part is a list of definitions of key concepts a reader should understand before they read through the interviews. These lessons are cumulative, so that as you progress through the book, your knowledge of these core concepts will grow.
At the end of the book is a compilation of the most important things Speziale learned from each of the Market Masters organized by topic.
This book is a great resource for novices and seasoned investors alike. It is packed full of lessons that can help individual investors regardless of their experience level.
If you have an interest in learning more about investing, I have no doubt that you will learn at least one new concept from this book. Find out which proven strategy appeals the most to you and which you are most comfortable using.
It would be a fantastic gift for anyone who is interested in the stock market and different investment approaches.