Review: Never Buy Another Stock Again: The Investing Portfolio that Will Preserve Your Wealth and Your Sanity


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I liked this book for not being too religious about specific investing strategies. Gaffen provides a wide set of guidelines that are based by solid figures and reasoning. However, the book title does have a certain marketing gimmick to it, which suggests that this book does not in fact endorse the buying of stocks. Instead, he suggests buying index funds, which is still buying stocks. The ridiculous title aside, the book itself is really a book of common sense, as the author himself admits towards the end. Although anyone can piece together facts and reasoning to provide an argument for investing strategies, these strategies look particularly ripe following the 2008 financial collapse and today’s troubling economy. Based on just the circumstantial selling point of this book, I still hesitate to give it full credence. I do give the author credit for providing reasonable counterpoints to each of his points, rather than claiming some sort of prescience. The book is a fast read, is clearly written, and provides a good basis for starting investors.

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