Overhyped: The Smartest 401k Book You’ll Ever Read
I wasn’t so impressed by Dan Solin’s previous book, but I was willing to take a second chance on his The Smartest 401k Book You’ll Ever Read because it got endorsements from John Bogle, founder of Vanguard, William Bernstein, whose books I like, and Taylor Larimore, a co-editor of The Bogleheads’ Guide to Retirement Planning, to which I contributed a chapter.
I don’t know what’s wrong about publishing these days. Or maybe it’s always been this way. It seems you have to make an outlandish claim in order to grab people’s attention. The book isn’t necessarily bad but it’s way overhyped. The back cover has these in large bold colored font:
Everyone is telling you it’s a “no-brainer” to invest in a 401(k) or 403(b) plan because of the employer match.
Financial Times Business Book of the Year 2009 Shortlists
Every year, Financial Times newspaper gives out a Business Book of the Year award. It’s officially known as the Financial Times and Goldman Sachs Business Book of Year Award. Last year’s winner was When Markets Collide by Mohamed El-Erian of PIMCO.
The shortlist of candidates for the 2009 award includes:
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Animal Spirits by George Akerlof and Robert Shiller, economics professors at Berkeley and Yale, about how human psychology affects macroeconomics. |
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Good Value by Stephen Green, CEO of HSBC, about money and morality. |
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Imagining India by Nandan Nilekani, co-chairman of InfoSys, a large IT outsourcing company in India, about India and globalization. |
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In Fed We Trust by David Wessel about the recent financial crisis. |
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Lords of Finance by Liaquat Ahamed, an investment manager, about the Great Depression. |
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The Match King by Frank Partnoy about a fraud in 1920s. |
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Investor's Manifesto by William Bernstein -
