Forget what you learned about Finance, Investing, Trading, Economics, etc. from your favorite financial news source, be it that financial newspaper you get every morning or the TV channel about the stock market.
Forget what your favorite financial guru told you, especially that one with his N-step plan to financial freedom.
Forget what your Business/Finance/Economics professors told you in school.
No, I'm not telling you everything you've learned in this subject is wrong. On the contrary, much of what you've learned is correct but you need to keep an open mind that not all of that will be helpful or practical for your financial future.
A few additional recommendations for this material to "stick":
1) If you don't understand the words, phrases, or jargon I'm using, please look it up. I recommend www.investopedia.com for Finance-related terms. I'll try to define key jargon but I may not always remember to.
2) Please read the book through in order from front to back even if you already understand some of the material. I sometimes might present it in a way you've never seen it before. Also, some of the material may not make much sense until you've absorbed all of the lessons - things will more likely come together at that stage.
3) Do not just read the material and be done with it. Try to apply the concepts to your own investing and personal finances! Although I'm presenting a fairly conservative investment approach, I recommend only investing the money you can afford to lose for at least a few months before you get acquainted to how this strategy works. If you have a personal financial advisor, please show him/her this book and work with him/her in the implementation.
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