Peter Bernstein will be remembered for two masterly books – one on the history of gold and the other on the history of risk. Earlier, he had written a book called Capital Ideas, which is a fine piece of work as well, narrating the history of the central tenets of modern investment theories. In that book, he discussed the role of Harry Markowitz, Eugene Fama, Bill Sharpe, Myron Scholes ...

It helps in building trust and contributes to effective teamwork

I was recently on a break in the mountains and along with a few enthusiastic friends, decided to be brave and try a few exploits. I did river rafting and a short trek. As I rocked through the rapids of the Sutlej River, I was reminded of an outdoor training I attended sometime ago with a group of managers. Outdoor training can...

This is the fifth book in the Little Books series from Wiley, each of which focuses on describing a specific investing strategy. The four previous ones (all reviewed in MoneyLIFE) dealt with value, growth, a combination of the two and the superiority of index funds. This one deals with finding stocks that earn superior returns over long periods because they enjoy some peculiar competitive...