Uncertainty in investing

It starts out very differently from many investment books (and I have read quite a few).

Before I get too far, I should mention that the book is The Uncertainty Solution:How to Invest with Confidence in the Face of the Unknown by John M. Jennings.  And I  thank Netgalley (“https://www.netgalley.com/) for allowing me to read it before publication.  The book comes out on May 2.

 

The author starts us off in Chapter 1 with some psychology experiments and statistics  and then gets into what they mean for our decisions in general and decisions related to finance and investing.   The rest of the book is a combination of giving more details and discussing related points.

So this is not a book that tells you how to invest.  It gets at larger truths and questions you should consider in any kind of decision making, including evaluating investments.   With investing there are many unknowns and many things we cannot control.  What should be consider in addressing these issues?

 

Along the way the author discussed many types of investments and their usefulness in various situations.  I highly recommend this book as both a good guide to decision making and investing.  My belief about investing is that it is a very good thing to read widely on investing and financial history.  This book is a valuable part of that.

 

Whether you are an experienced investor or closer to the beginnings of your saving investing life, I think this book would be of great value.

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