[net.invest] Book Recommendation

nathanm@hp-pcd.UUCP (02/21/84)

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An interesting, if offbeat, recent book about the market is
"The Tao-Jones Averages".  I don't remember the name of the
author at the moment, but he's a financial writer of some
repute.

The book talks about the Tao and right-brainedness in support
of the author's belief that intuition is a much too often
neglected aspect of an investment program.  Intuition does
not mean wild guesses, it means using a whole-brained approach
to making investment decisions.  The author, in pointing out
the dismal records of most investment experts (most experts
actually underperform the averages), makes some compelling arguments
against the highly technical approach used by many investors.

The book is short, an easy read and, even if it doesn't help you
pick any winning stocks, a worthwhile introduction to Taoism
and brain research.

----
Nathan Meyers
{hplabs,allegra!harpo}!hp-pcd!nathanm