“Warren Buffett has two rules.
Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1. Let me add a Rule No. 3: Know how to apply Rule No. 1.”
NO MAJOR SPOILERS
Inside the Book:
This book was really a nice read as I am interested in economics and finance. But I am still at learning and amateur stage. So this book may help you to pick a direction. The author has discussed every tricky term in the area of investments and savings in such a simple and interesting language taking examples from everyday life. If you are a student planning to take a course in economics or finance, if you are a beginner and want to save some money now and get bigger benefits in future then this book is the perfect beginning for you.
You will never drop this book once you get a clear idea about inflation and deflation in very first chapter. The author started with introduction to some tricky but basic terms related to our income, property, stocks etc. Then he further described about economics environment on global level, risks to investments and various types of insurance. Author did not forget to brief about the world financial crisis happened in 2008.