The Coffeehouse Investor: How to Build Wealth, Ignore Wall Street, and Get On With Your Life
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Average customer review:Product Description
Product Details
- Amazon Sales Rank: #79332 in Books
- Published on: 2005-05-01
- Original language: English
- Number of items: 1
- Binding: Paperback
- 170 pages
Editorial Reviews
About the Author
Bill Schultheis spent 13 years working with individual and institutional accounts for Salomon Smith Barney in Seattle, Washington. He now brings his simple, inspirational message to individuals and corporations through his Coffeehouse Investor lectures and seminars. In addition to working on his second book, Bill coaches youth sports, climbs mountains, and loves to golf in the rain.
Customer Reviews
Short Book to Whet Your Appetite on Indexing
This book could work if the goal is to introduce an investor to the concept of efficient markets and index investing. However it is a little too laid back and short on content. It is easily skimmed, and summarizes the major points of how you can't beat the market, how indexing and low expenses work. However I doubt that someone serious about revamping their portfolio or changing their investing style would be convinced from this short book to do the overhaul. I would say that at the minimum, this book would whet your appetite to explore further. Three books I would recommend are Bernstein's Four Pillars of Investing, Rick Ferri's All About Asset Allocation, and John Bogle's The Little Book of Common Sense Investing. These books furnish the investor with the education, the rationale, the evidence, studies and statistics, as well as the practical how-to's of assembling a personal portfolio and sticking to it. Otherwise, someone reading the Coffeehouse Investor would just treat Indexing as another investment fad, and abandon it when the next bear market hits, not understanding risk/reward, diversification, correlation, asset allocation and rebalancing.
The Coffeehouse Investor
After five years of honing skills as an individual stock investor, I realized there's got to be a better way. And this book is a simple guide to a stress free, but strategic method. With the gyrations of the market currently, Bill's philosophy is a remedy for riding the waves and sleeping easier. Thanks, Bill.
Calming your investor emotions
This is an excellent, short book that puts an individual's emotion in perspective. It illustrates the simple principles to basic investments that will not consume much of your noncareer working hours.




