Top critical review
Recommended only if have never invested in equity
26 April 2018
Disclaimer: I am somewhat biased to the Coffee can investing approach. Hence it's likely my review is somewhat generous.
The book offers some solid advice backed by numbers and stats on how to build a strong portfolio.
Indians are quite sheep like when it comes to investing(among many other things) as they tend to invest heavily in real estate and gold(generally due to social pressure & memetic rivlary). The book does give a decent picture on why it's not a prudent path and offers more profitable alternatives. Although it is a common sense advice to the rest of the world, this is considered a contrarian advice in India. Given how ubiquitously misinformated, ethically challenged and poorly accounted Indian market is, the book does a decent job of providing a big picture.
The frustrating part is that the book dumbs down all of concept. It assumes you don't know don't jack about anything and oversimplify things. Since target audience is the average Indian who has never invested or considered the possibility of investing in equity ( and positively unlikely to invest in anything other than gold & housing) one cannot complaint about this approach. Its recommended only for Indians who as never invested in any financial instruments other than gold & housing.