Book Review:
By Chhaya Sharma
‘Investing Decoded: Simple Path to Building a Portfolio in Millions’ serves as a beginner’s guide, providing readers with the necessary tools and mindset to understand how the stock market works, assess risks, and analyze trends that impact their portfolios. Whether you are a business person, a working professional, or a student of the stock market, this book aims to equip you with the knowledge to secure your financial future.
Author Anirudh Rathore believes the stock market is for everyone―you shouldn’t need a degree in finance to be able to invest and grow your money. The book emphasizes the idea that anyone can learn and benefit from investing, fostering a more inclusive approach to wealth creation.
Investing Decoded draws on classic treatises on value investing. Value investing, popularized by investors like Benjamin Graham and Warren Buffett, involves identifying undervalued stocks and holding them for the long term. Readers can expect to learn fundamental principles such as assessing intrinsic value, margin of safety, and long-term investment strategies.
Given Anirudh Rathore’s banking background, the book places a strong emphasis on risk management. Readers could gain insights into assessing and mitigating risks associated with investing, helping them make more informed decisions.
The book also covers how market trends can impact investment portfolios. Readers can learn to analyse trends, economic indicators, and other factors influencing stock prices, enabling them to make strategic investment decisions.
Beyond just providing technical tools, the book focuses on developing the right mindset for successful investing. This may include understanding risk tolerance, patience, and the ability to withstand market fluctuations.
Investing Decoded provides practical tips and real-world examples to help readers apply the concepts they learn. This hands-on approach could make it easier for beginners to translate theoretical knowledge into actionable investment strategies.
The book emphasizes the role of investing in securing one’s financial future. Readers may gain insights into building a diversified and resilient portfolio that aligns with their financial goals.
Overall, Investing Decoded seems to be positioned as a comprehensive guide for beginners seeking to understand and navigate the stock market, focusing on value investing principles and practical application.
(Chhaya Sharma is a marketing executive at MarketMyBook, India’s leading publishing solutions firm.)
