Many of the speakers on the tape emphasize the necessity of saving, which is directly connected to a bit of caveat: invest only an amount you can afford to lose. Some of these investors made some serious blunders in their investment adventures. They learned from the mistakes and we investors can also benefit from their lessons.

Each of the investors gives his/her advice. While much of it is very similar, there are some differences. With all this information, it behooves the investor to listen to the entire tape and form his/her own approach to investing based on the market situation and the investor’s personal situation.

Some standard tactics are covered: buy low sell high, stay in for the long run, and resist the temptation to sell stocks short. With this in mind, an investors has two demons to conquer: greed and nerves.

This is a valuable collection on investment, but again it isn’t easy. The investor will need to listen to the tape every so often and make needed adjustments.

I was pleasantly surprised by how easy it is to listen to the information. No mumbo-jumbo but good, straight investing advice.