Blind Faith: Our Misplaced Trust in the Stock Market -- And Smarter, Safer Ways to Invest

by Edward Winslow

A financial consultant presents a simple yet revolutionary approach to managing investments safely and responsibly in today's high-risk environment.

The risk of investing in the stock market has increased remarkably in the past couple of decades. We've seen tremendous volatility in stock prices, market bubbles and devastating crashes, a parade of corporate scandals, and proven deception by many so-called investment analysts employed...

• Format: Paperback
• Language: English
• ISBN: 1576752526
• ISBN13: 9781576752524
• Release Date: April 2003
• Publisher: Berrett-Koehler Publishers
• Length: 264 Pages
• Weight: 0.80 lbs.
• Dimensions: 0.7" x 5.6" x 8.5"

Customer Reviews

There is another way...

Finally, a book that speaks to concerns that I've had about investing since I read my first investment book but that no one seems to talk about. The author covers topics that are taboo in most investment texts, such as how the investment industry is rigged against the individual investor (corporate structure, taxes, investment banks, government regulation, etc.), and what you can do to protect yourself from market risk. Diversification doesn't help when the whole market collapses after a catastrophic event like 9-11 or in a deep recession.If you want to take advantage of up markets and hold onto your gains in down markets, then read this book.

Love It or Hate It

If you're a conservative investor searching for alternatives that don't involve gambling or sticking with the conventional wisdom of stock market investing you'll love this book. I've made some changes to my investments as a result of information I learned from reading this well researched book. It was actually entertaining as well! 5 Stars Loved It!If you are a big company executive or a stockbroker you're going to hate this book. The author really rips into the big brokerage firms and corporations and how they take advantage of the little guy. If everyone practiced what was recommended in the book there would be a lot less left on the table for big business to glean from the small investor. 1 Star I'm sure they hate it!

A must read, eye opener for the small investor

Blind Faith is a behind-the-scenes critique of the information relied upon by most market analysts. Helpful are Winslow's recommended mechanisms to preserve (at least) the principal value of your investments. Wish I had this knowledge years ago. Buy the book and be ready to take off the blinders.

Finally, some answers!

This book is one of a kind! It is the first book I've read that speaks the truth about the perils of investing in the stock market. The suggestions are clear, sensible and a must for anyone who isn't buying into the old worn out advice that no longer works in todays environment.

A Different Approach

It seems that all the books on low risk investing emphasize picking good companies or funds and keeping them for a long period of time. Blind Faith is different.I'd love to be stress or worry free but traditional Cd's and money markets pay so little and I certainly don't believe that corporate America has cleaned up its act. This book taught me another investment strategy and discussed in detail investments that I never heard of before like market-linked CDs. I enjoyed the authors cynical approach and found the book to be entertaining as well as enlightening.