The Geometry of Wealth

by Brian Portnoy

A random pick on a Saturday afternoon that turned into a weekend speed-read. Overall a good book. It has less of a slant on practical measures to take and puts more of a focus on “how to get your head straight.” This was a good reminder that slow-and-steady investment strategies are generally best. Thinking you can outsmart the market or that you’ll stumble on something other—more experienced—investors haven’t is a fool’s errand.

The age-old lessons nicely packaged here: invest consistently and diversely, shifting your strategy based on your immediate need for money (read: weight your investments toward stocks in your prime years and dial back to bonds when you’re nearing retirement). A nice theme throughout: enjoy life, too. Don’t become an over-obsessed money nerd; just be smart and aware and enjoy the ride.