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Testimonials

"The book is a triumph, and, as you note, the aggressive tone fully justified under today's circumstances. And isn't it great to have a thesis (and a title!) that is so ironclad."

John Bogle, co-founder, Vanguard Mutual Funds, author, Bogle on Mutual Funds, and Common Sense on Mutual Funds.

"I greatly enjoyed your book; it's very well written, and either you had great editing or you're one of those rare folks who can turn out clean copy on the first slap. What sets it apart in the personal finance genre is that not many are done by trained economists who write well."

William Bernstein, financial advisor and author, The Intelligent Asset Allocator, and The Four Pillars of Investing

"I am an author of three books on Modern Portfolio Theory and as the director of research for an investment advisory firm I read many books on investing every year—this is one of the best books I have read in recent years, doing a great job of explaining why the markets are efficient. Ron is an excellent teacher, using simple analogies to make often difficult concepts easy to understand. Anyone interested in learning how the market really works, and not how Wall Street wants and needs you to believe it works, (and that should be everyone) should read this book."

Larry Swedroe, author, What Wall Street Doesn't Want You to Know, and Rational Investing in Irrational Times

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