Helping Institutions and Ordinary People Invest Better by Focusing on Risk Control

Co-opetition (5 Stars)

I could write at length over the individual strategies in the book.? They are all significant, though only a subset applies at any given time.? The book gives a good strategic manager tools, and he has to decide which are relevant to his situation.

If you want it, you can find it here:?Co-Opetition : A Revolution Mindset That Combines Competition and Cooperation : The Game Theory Strategy That?s Changing the Game of Business

Warren Buffett on Business (4 Stars)

Any manager of any company would benefit from this book.? Buffett lovers, if you have read the last 25-30 years of annual reports from Buffett, and notable things he has said outside of that, you likely do not need this, unless you have specific questions on management that you want answered by Buffett, and you can?t remember what he said in the past.

For most of the rest of us, this will still be a valuable book.? If you want to buy this book, you can buy it here:?Warren Buffett on Business: Principles from the Sage of Omaha

David Merkel is an investment professional, and like every investment professional, he makes mistakes. David encourages you to do your own independent "due diligence" on any idea that he talks about, because he could be wrong. Nothing written here, at RealMoney, Wall Street All-Stars, or anywhere else David may write is an invitation to buy or sell any particular security; at most, David is handing out educated guesses as to what the markets may do. David is fond of saying, "The markets always find a new way to make a fool out of you," and so he encourages caution in investing. Risk control wins the game in the long run, not bold moves. Even the best strategies of the past fail, sometimes spectacularly, when you least expect it. David is not immune to that, so please understand that any past success of his will be probably be followed by failures. Also, though David runs Aleph Investments, LLC, this blog is not a part of that business. This blog exists to educate investors, and give something back. It is not intended as advertisement for Aleph Investments; David is not soliciting business through it. When David, or a client of David's has an interest in a security mentioned, full disclosure will be given, as has been past practice for all that David does on the web. Disclosure is the breakfast of champions. Additionally, David may occasionally write about accounting, actuarial, insurance, and tax topics, but nothing written here, at RealMoney, or anywhere else is meant to be formal "advice" in those areas. Consult a reputable professional in those areas to get personal, tailored advice that meets the specialized needs that David can have no knowledge of.