In particular the first section, , which challenges all of the conventional wisdom advisors think we have about building portfolios, is intellectually stimulating. Are the authors right? That's for you to decide, but perhaps it would be useful to remember that in the world of investing, the consensus opinion is often wrong. Whether you agree with the evidence or not, you have a responsibility to yourself and your clients to examine it and draw your own conclusions.
The Investment Think Tank, with its unique blend of the theoretical, practical and futuristic ideas, is sometimes controversial but never boring. You will undoubtedly reject some of the ideas presented here as unsuitable for your practice, but if you find even one or two valuable gems (and you will), the book will prove a wise investment.