magazine archive


magazine archive

Book reviews

Super crunching sweeps the business world

Thursday 18 Jul 2019

In a break from reviewing ‘self-help’ books on investing and market histories, this month we look at a New York Times bestseller which investigates the use of big data, regressions and randomisations to solve puzzles. If you’ve ever watched Who wants to be a millionaire? you may have noticed that ‘...

Revisiting a classic book on investment bubbles

Thursday 30 May 2019

Listed by the Financial Times as one of the 10 best books ever written on investment, Charles Mackay’s study of how manias start, develop and eventually pass is as relevant today as it was nearly 170 years ago. In his own words, Extraordinary Popular Delusions and the Madness of Crowds is ‘a...

The bestseller from Fundsmith’s boss still packs a punch

Thursday 18 Apr 2019

Back in the early 1990s, stockbroking firm UBS Phillips & Drew published a controversial research report titled ‘Accounting for Growth’. The report’s co-authors were Richard Hannah, the shipping and transport analyst, and Terry Smith – who at the time was head of UK company research but is now...

The neat guide to understanding investment trusts

Thursday 14 Mar 2019

This book is essential reading if you are serious about long term investing and want to use investment trusts to gain exposure to different parts of the market. It is very easy to read with bite-sized chapters covering a wide range of topics. These include the basics of investment trusts and...

Why The Great Crash 1929 is essential reading

Thursday 14 Mar 2019

In terms of market histories, The Great Crash stands out not just for the significance of the events it describes but also for the standard of writing. As well as lecturing in economics at Harvard and Princeton, its author John Kenneth Galbraith was an accomplished author having published two major...

The Intelligent Investor: is this book relevant today?

Thursday 14 Feb 2019

Books on investing tend to fall into two categories, self-help books and market histories. Probably the best-known investment book of all and therefore the natural starting point is Benjamin Graham’s The Intelligent Investor . Warren Buffett, a student of Graham’s at Columbia University’s Business...