Taming the Beast
IN THIS SUMMARY
Before the Great Depression, investing was uncharted territory for most ordinary people. In Taming the Beast, author Larry Light explores the history behind each major investing system since the Great Depression and evaluates their strengths and weaknesses. For today’s investor, choosing a single method is shortsighted and does not guarantee a return. Instead, Light explains that “taming the beast” of investing in both bull (optimistic) and bear (pessimistic) markets requires diligence, intelligence, and the ability to understand and navigate multiple approaches. Such approaches include value investing, indexing, bonds, growth investing, international investing, real estate, short selling, and hedge funds.