It is written by Percy Allan, editor of MarketTiming, a division of Alan Kohler’s The Constant Investor. Percy co-founded MarketTiming.com.au in 2009 and has undertaken extensive research on the attractions and perils of share investing which he distils in this book.
On the 31st December 2017, MarketTiming’s Conservative trading strategy was ranked the best performing “long only” equity strategy for the last one and two years by www.TimerTrac.com which monitors hundreds of trading systems around the world. It also came second or third over the last three, four, five, six, seven and eight years in TimerTrac’s league table.
This book is about how to grow and preserve capital in the share market by managing downside risk. Like Aesop’s Fable about the Tortoise and the Hare, Percy concludes that avoiding major cyclical setbacks is the key to winning in the stock market. Tools and funds for doing this are explained in plain English that any investor can understand.
You will view the stock market differently after reading this book because its emphasis is on growing capital through market risk management not individual share speculation.