The Man who Never was

Coffee Can Investing: the low risk road to stupendous wealth by Saurabh Mukherjea My rating: 3 of 5 stars The central idea of the book can be summarized as follows (At least the way I understood it). Rather than trying to time the market, and bet on so-called 100x-1000x unicorn multibaggers, it is best to be invested in the stock market for the long haul. A simple but effective strategy, first coined by Robert G. Kirby is not meant for those who panic and sell out their entire portfolio during market fluctuations. His observations postulate, given a long enough time period, say 7-10 years, an investment portfolio consisting of stocks from good quality companies, market leaders and such, will be able to outperform the index, and in the process, net the holder a lucrative and relatively risk free return. This has since been proven through practical data, leading to the rise of the low expense, low volatility, passive index funds. Although it is to be n...