Associate editor of the 'Australian Financial Review', Barrie Dunstan is well known for his popular book, 'The Art Of Investment', published in the 1990s. Now returning to the original text, Dunstan was amazed at how investment has really changed. Gone are the raging bull markets and double digit growth in earnings. It is no longer enough to just put your money into shares and profit from your investments.
In 'The New Art Of Investment', Dunstan focuses strongly on the small - even the first-time - investors who need to understand the altered stock market conditions, perhaps more so now that we all have a large proportion of our superannuation savings invested in this area. In the new era, we are overloaded with information from advisers, commentators, the media and not least the internet, Dunstan helps to filter all this knowledge.
One thing that hasn't changed is that successful investing is an art, not a science, the average smaller investor can do as well - if not better - than the professional investment managers.
