Author Liz Claman learned at a young age the concept of stock performance from her father; his demeanor changed accordingly when he reviewed the stock table page in the newspaper, given his venture in stock trading. The author’s observant nature led her to become an award winning financial analyst and current business co-anchor of CNBC’s “Morning Call.” The author’s catalyst for lettering the recent book The Best Investment Advice I Ever Received was to provide people like her father who reside outside the day-to-day working atmosphere of the investment community access to best investment advice available.
The book is a compilation of short essays, a collection of words by a diverse group of individuals with a common theme: investing to make money. All the reader has to do is browse through the book to recognize practical investment guidance from heads of companies, financial planning experts, real estate entrepreneurs, business professors and subject matter experts. Investment wisdom from over fifty financial folks is included in the book that attempts to stimulate the reader to make successful investment choices.
Each essay contributor shares their own investment lessons, tips of the trade and personal financial investment mantra. Various guidelines for achieving optimal financial growth are provided, and advice tends to direct the reader toward investment basics, such as picking companies with good leadership, solid financial performance and understanding your investment risk. The guidance most prevalent among all the tips provided in the book is to diversify your funds, and believe me, after reading the book, I reviewed my own financial investment portfolio.
While the information provided in the book is insightful, at times, the book can be monotonous and repetitive. I would have preferred the author to narrow down the number of essays presented in the book and highlight key points common to all essay contributors. Emphasizing a few essay contributors’ personal stories of achieving wealth in more detail could have made the read more interesting and fascinating. Little snippets of comments are provided by some essay contributors; Claman could have determined if the investment advice was really valuable enough to incorporate into the book.
Given the book’s content and the broad range of advice provided, The Best Investment Advice I Ever Received is a worthy read. The chance to acquire and learn investment advice from those who have a proven track record of success offers the reader an opportunity to gain investment insight. Even if the reader closes the book with one investment point to ponder, then the author has been successful.