The overarching investment takeaways are the financial equivalent of eat-your-vegetables. Just as they advise others to do, the book’s contributors try to save a lot, not borrow too much and opt for low-cost investments for the long haul while being as dispassionate as possible about market ups and downs.

The overarching theme that the book propounds is that while indexing is preferred to active investing, factor-based passive investing to achieve ‘Smart Beta’ returns is the way forward. Indian index makers have work to do in this space, but the passive, indexing movement is well underway in our country as well.

Opinion piece written by Stephen Clapham, founder of Behind the Balance Sheet and author of The Smart Money Method.

I you’re looking for wisdom on personal finance and life in general, this bookis for you! I like the title, I like the content, I like the author.