Michael’s book launch
“Michael Barr has written a straight talking, politically incorrect book that doesn’t require a degree in economics to understand. The two enemies of the investor; the financial institutions that ‘manage’ their funds and the investor’s own animal spirits are identified as the major culprits of wealth destruction. Michael Barr offers simple low cost solutions that the reader would do well to adopt.”
Craig Burgess DipPFS IMC
Managing Director
Blackstone Wealth Management Limited
The title of my book was inspired by a controlled experiment, in which chimpanzees made random investment selections by throwing darts at the Wall Street Journal. Their selections outperformed those made by the majority of professional fund managers.
The thought of a chimp successfully moonlighting as a fund manager, whilst mildly amusing, also serves to expose the shortcomings of the fund management industry.
The book’s style is designed to be entertaining and educational, a fundraiser and a great gift idea. My intention is to help the majority of investors trying to save their hard earned money without being ripped off or misled.
I explain why many experienced investors should review the way they invest and why they should challenge the advice they are getting from their advisers and stockbrokers.
One advantage of a book is the freedom to be able to write with more honesty than is often permitted in a magazine article. Often, the advice given in newspaper and magazine articles cannot be trusted when there is a cozy relationship with advertisers.
I have covered the set up costs so that the funds raised will not be reduced by high production costs. The book will be on sale soon and listed on Amazon.com. The way to maximise the value of donations is to have a high volume of pre-orders so we do not pay resellers costs and high pay-pal fees.
My named charities are UNICEF and MAG International. Most of us have heard of UNICEF’s work for children around the world. MAG is an international humanitarian organisation clearing the remnants of conflict for the benefit of communities worldwide. MAG is co-laureate of the 1997 Nobel Peace Prize.
[How to invest better than the average primate]
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