Reading a book is a true investment. You want to make sure that the returns you receive in knowledge and entertainment are worth the price you pay in time, energy and money. However, typical book reviews often don't give readers what they need: a trustworthy appraisal of the real costs and benefits of a book in which they’re interested.
The mantra of our podcast, The Well Read Investor: “May all your reading profit your mind and your money.” The idea is to bring meaningful conversations to investors with thought-provoking ideas to enrich their investing knowledge and global awareness.
But there are far more books and ideas worth discussing than the podcast can cover. So host Mike Hanson offers reviews of these books using our own price-to-literacy (P/L) ratio, looking at all the key points a reader needs to know about when deciding if a book is worth investing their time.
A book about political ideology reveals much about investors’ minds, too.
This well-argued book offers insight for investors who haven’t studied much law, but note that the costs of reading this one are about equal to its benefits.