This is a ridiculously bad book. His first book, the Dal of Capital, is well written and full of helpful lessons. This book tells you absolutely nothing about what to do to follow his notion of risk mitigation. He admits as much in the introduction to his book. So after all the noise, you will not have any actionable steps to take. From that perspective, the book is a dismal failure. I really wish he given us a small snippet of what steps the average investor can take after reading his book.