On a separate note, I have finished reading Phil Carret’s ‘The Art of Speculation’. I heard about Phil Carret’s during one of Berkshire’s shareholder meetings when Buffett introduced him as one of his guests. My verdict is that it is not really worth spending time on this book. It is a good book, in general, but if you read Graham, Fisher and Lynch, then there is little new you can find there. I feel bad writing this verdict since Phil Carret is one of the most outstanding investors while I have not written even a comics book. But as I wrote previously, the idea of this ‘Do-not-waste-your-time’ category is to save time and find the most useful books, not to grade authors and their careers or investment track records. A bit more detailed write-up on the book can be found here.