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A Wealth of Common Sense

A Wealth of Common Sense

By Ben Carlson

Why Simplicity Trumps Complexity in Any Investment Plan. Bloomberg Press, 2015.

5.0 / 1

11 mins read

10 Key insights

A brief summary of A Wealth of Common Sense

A simplified, though well-researched, set of investment strategies that blend emotional intelligence with sound financial advice to maximize long-term gains by overcoming common market myths.

Key insights in A Wealth of Common Sense

1
What do you get from this book? A simple set of investment strategies designed to meet your financial needs
2
A simplicity-based framework can lead to more sound investment decisions
3
Information is important, but understanding and perspective are the keys to better decision-making, so different investors should have different portfolios
4
Understand your investment philosophy to determine the best market methods for you
5
Outperform the market with the end result of your investment being more important than your greater market knowledge
6
Knowledge of the history of the stock market means understanding there are, and will be, ups and downs
7
Always have a purpose for your investment—it’s about more than the money
8
Summary of the key insights
9
Selected critiques in brief
10
Final word

Who should read A Wealth of Common Sense

Entrepreneurs • investment fund managers • executives • financial professionals • business students • individual investors

About the author of A Wealth of Common Sense

Ben Carlson is a best-selling author who focuses on all things finance and investment. He is a co-host of the popular investment podcast Animal Spirits and is an experienced portfolio manager and investment advisor.

author avatar

Ben Carlson

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