Another Review at MyShelf.Com

Publisher:  Berrett-Koehler Publishers
Release Date:  August 2003
ISBN:   1-57675-252-6
Awards:  
Format Reviewed: Paperback 
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Genre: Nonfiction / Business
Reviewed: 2003
Reviewer:   Jo Rogers
Reviewer Notes:  

Blind Faith
Our Misplaced Trust in the Stock Market and Smarter, Safer Ways to Invest
By Edward Winslow 


      In Blind Faith, Edward Winslow discusses in detail what caused the latest Wall Street fiasco. In days gone by, the investors who bought stock in a company could trust the board of directors to look out for their interests. Then the stockholders were usually the rich and powerful, whose wrath the directors did not dare incur.

     Those times are gone. The typical investor is a middle-class person trying to save enough for his or her retirement. Social Security will not support them alone, so they turned to the stock market to grow a savings that will carry them through.

    Along came CEO’s like Kenneth Lay, Michael Eisner and others whose chief aim was not to make the investors’ money grow, but to line their own pockets with as much as they could steal. We have all heard how stock options, golden parachutes and the like have bankrupted Enron and many other companies. The market is very little better off than it was 100 years ago.

      So how do we prepare for our future without risking everything we have to corporate thieves? Better yet, how do we stop the thieves? We cut their lifeline. Don’t buy individual stocks unless you have extra money to gamble with. Instead, invest in a copy of Blind Faith and let Mr. Winslow teach you how to protect your investment. He is a CPA and a financial planner with a lot of added training and common sense.

     This book was an eye-opening education for me and will be for everyone who wants to know how to invest wisely. I can also say from personal experience that the investments he recommends do work. You can enjoy the gains of the up market without losing in the down market. If you truly want a secure retirement, read Blind Faith and take control of your future.

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