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The Four Pillars of Investing: Lessons for Building a Winning Portfolio
by William J. Bernstein
from McGraw-Hill
Customer Reviews:
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Avg. Customer Rating: 4.5 / 5.0 
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Perfect, Couldn't be happier 
Book was shipped fast, and came in great condition. Couldn't ask for anything more
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A Must Read for Your Library
William Bernstein has written another must read for the individual investor who wants to chart his own course in the investment world. I was first introduced to this book at a local AAII chapter meeting. Everyone there who had read this book highly recommended it. I suggest reading this book before reading "The Intelligent Asset Allocator" also by the author.Both are excellent books on investing and well worth the time and money spent.
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Essential guide for investors
In the introduction to his book, "The Four Pillars of Investing: Lessons for Building a Winning Portfolio," Dr. William Bernstein states that the "competent investor never stops learning." Yet, because the world of investing can be such a confusing place, it sometimes seems that the more you learn, the more confused you get. As a participant on the Bogleheads message board, I feel I am an educated investor but still I often get lost after reading all the different debates: Should I invest in total markets... more info
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Technical but provides an understanding behind indexing 
Book goes through the history of investing. It gets quite technical and at times very difficult to follow, only really in one chapter where he discusses what affects stock prices. And rereading it helps out. As the author suggests though, just read a little bit at a time. It's a lot of material to digest. But overall it discusses the advantages of using index funds and the need to diversify. I feel that the book speaks the truth regarding investing and everybody should at least be familiar with the concepts... more info
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