The Best Investment Advice I Ever Received: Priceless Wisdom from Warren Buffett, Jim Cramer, Suze Orman, Steve Forbes, and Dozens of Other Top Financ

Liz Claman, the editor of this book, invited almost 70 leading investors to share with us, mortals, their investment wisdom. Each person offers different thoughts and ideas that have worked for them. To take 5 examples: (1). Warren Buffett, the richest man in the world advises us to buy stocks with "margin of safety" in mind, and ignore short term fluctuations; ,(2). James C Cramer, Host, CNBC's Mad Money, advises us to take our stocks as if they were inventories and to make sure that the holding is reasonable; (3). John C Bogle, Founder of The Vanguard Group Inc, advises us to eliminate the heavy risk of owning individual stocks by owning the entire stock martket by way of "index funds"; (4). Suze Orman, best selling author, advises us that in the long run, if you want the best financial adviser in the world, you only need to look in the mirror; and (5). Steve Forbes, CEO of Forbes Inc advises us not to put all our money in a single investment. Instead, we should diversify. Underlying all these themes is the objectives of capital appreciation and the power of compound interest. Time and compound interest are indeed magic. In one sentence, the advise says, "Don't lose what you've saved and you should only buy stocks with money you can afford to lose. The final lesson from this book is: If it sounds too good to be true, it probably is. Digest this book and you will have more money than you currently have.

"Best Investment Advice I Ever Received" is a quick and easy read. It includes a lot of great advice offered by those who really know what they are talking about. Truly, these individuals have earned our respect. This is not a so-called great book. However, Liz Claman has put together a work that can be profitably read for five to ten minutes at a time. It easily deserves 4 3/4 stars out of 5.

A great book!

I'm a white collar worker in the arts, and this book caught my eye because I've been wanting to get into some investing for a while, but didn't know how to go about it properly. I have to say, it is full of wonderful, applicable advice and it's easy to understand and surprisingly pleasurable to read.. I was a little worried that the heavy hitters interviewed in it would be way over my head, but that turned out not to be the case. It's full of good, accessible guidance, and I think the author did a great job of bringing out just what people would want to ask if they had the ear of those interviewed. Excellent book for anyone who wants to know how to start investing for the future. I'm going to give it to lots of people on my Christmas list.

Liz Claman's new book is the only book in which you can find concise investment advice from such a great group of investors and strategists like Warren Buffett, Jim Awad, Mad Money's Jim Cramer, Westwood's Susie Byrne, Pimco's Bill Gross, Steven Leuthold, Merrill Lynch's Richard Bernstein, Robert Olstein, Loew's Jim Tisch and of course, my grandmother... Grandma Koufax!!! It is a marvelous compendium of how to do invest with your head not with emotion. Doug Kass Seabreeze Partners