If you can was written by Bernstein with a certain audience in mind: the millennials. In this book, Bernstein emphasizes the value of investing during your prime years. He goes to tell some practical advice on how to invest your money and enjoy your retirement. The book also suggests reading more reference books to deepen their understanding of investing.
The book gives the guide to saving and investing through presenting hurdles. This is a good grab for those who want to learn about investing in one sitting. Bernstein’s analogy of investing as something similar to losing weight was effective as it simply presented his entire case.
This book is a good start to learning investing, and the suggested materials would expand your understanding of the topic.
About the Author
William Bernstein was once a neurologist in Oregon. He manages a blog site in which he shares all his writings about investing. He is also a co-principal in the money management company Efficient Frontier Advisors. He has published several books about finance and investing.
Table of Contents
Bernstein’s book is simply structured for easy reading pace. The book contains:
But you’re still screwed
How to read this booklet
Hurdle Number One:
Even if you can invest like Warren Buffet, if you can’t save, you’ll die poor.
Hurdle Number Two:
Finance isn’t rocket science, but you’d better understand it clearly.
Hurdle Number Three
(with apologies to George Santayana): Those who ignore financial history are condemned to repeat it.
Hurdle Number Four:
(with apologies to Walt Kelly, creator of the Pogo cartoon): We have met the enemy and he is us.
Hurdle Number Five:
The financial services industry wants to make you poor and stupid.
What about the nuts and bolts?