accounting

It seems that all the books on low risk investing emphasize picking good companies or funds and keeping them for a long period of time. Blind Faith is different.

I'd love to be stress or worry free but traditional Cd's and money markets pay so little and I certainly don't believe that corporate America has cleaned up its act. This book taught me another investment strategy and discussed in detail investments that I never heard of before like market-linked CDs.

I enjoyed the authors cynical approach and found the book to be entertaining as well as enlightening.

Finally, a book that speaks to concerns that I've had about investing since I read my first investment book but that no one seems to talk about.

The author covers topics that are taboo in most investment texts, such as how the investment industry is rigged against the individual investor (corporate structure, taxes, investment banks, government regulation, etc.), and what you can do to protect yourself from market risk. Diversification doesn't help when the whole market collapses after a catastrophic event like 9-11 or in a deep recession.

If you want to take advantage of up markets and hold onto your gains in down markets, then read this book.

Finally someone willing to write an honest analysis of the self-serving behavior of the financial industry. Anyone invested in the market who reads this book will strongly reexamine their beliefs with regard to investing. Undoubtably many in the financial services industry will hope that this book does not get read. I for one, hope that it becomes a classic.