We interrupt our regularly scheduled broadcast to shamelessly promote the book I’ve been writing for the last year.
Since Thomas Piketty’s Capital in the 21st Century is sold out at Amazon you pretty much have no option but to buy this other book about Capitalism.
We don’t officially publish for another 2 months, but the final copy is out of my hands now, production is done and the book reviews are starting to flow in. This one is from Booklist:
“Roche, financial consultant and blogger, aims to offer a sensible framework for considering money, finance, and economics in our interconnected macroeconomic world and presents his principles and understandings of the global financial system to help us invest, save, and participate within this changing system. The author explains the new macroeconomy and how it is changing portfolios, including commentary on understanding risk, setting realistic goals, having realistic expectations, and learning important guidelines for picking active managers. He defines the field of behavioral finance as “the study of understanding the economy through the psychologically driven actions of its participants.” Learning about ourselves and how we and others think is important preparation for participants, and our worst enemy in the financial world can be our human emotions. Roche shares lessons from his investing experience, which are never let emotions drive your decision-making process, never participate in what you don’t understand, mistakes will be made and always learn from them, and hope is not a strategy. This challenging, thought-provoking book offers valuable information.”
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.