Good subject but the book is very repetitive and shallow in context. I will skim through the second half of the book in case something interesting comes up.
The book basically says what Buffett said be fearful when others are greedy and vice versa. And also what jp Morgan said the market will fluctuate.Not much new or interesting content overall. It’s basically a book telling you to time the market.Not a useful book. People have been saying the market is overvalued since 2010. And if you listened and tried to time the market you would have lost a lot of money.
Unfortunately, would not recommend. Pretty simplistic and the material in the book has been covered in his memos. Recommend getting his first book and reading all of his memos instead.
I just finished reading, and enjoying, Mastering the Market Cycle.Packed with wisdom and practical insights, the book is a wonderful tutorialfor market novices, and a very useful review for market veterans.
Repetition of material is pushed to the limit. Restating what is stated in a long past memo to investors and then restating the restatement multiple times through-out the book. Nothing new was revealed or explored - basically not helpful and a bit boring.