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As a CFA, I must point out--as the authors do themselves in the book--that the scenario they lay out is by no means guaranteed to be realized in the next half decade or so. Nonetheless, anyone who needs to feel more comfortable about investing in equities for the long haul should definitely read this book. (The example of individual investors BUYING stocks after last year's mini-crash is particularly notable.)
Unlike many financial books, the combination of a rigorously trained economist and market savvy journalist has lead to a very readable book, which none the less is based on sound principles. Anyone who is investing in the market should read this book.
Reading the other reviews, I was fascinated how they are split between 5 star and 1 star ratings. Clearly, many of the 1 star raters did not bother to read the book, or completely misunderstood its central message. Others claimed the mathematics is wrong.
As a Ph.D. scientist, I made the effort to run the numbers myself, and, given the assumptions of the book, they are right. Anyone who cannot follow the arguments presented probably should limit their involvement in the market to purchasing broadly based mutual funds: several good ones are recommended in the book.
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The set comes with 2 books, practice tests and the A+ exam cram, as well as a cdrom making this a very complete set of study material to work with. The Practice test book has 2 Core and 2 operating systems test and also a cd which can be customized for testing purposes.
The exam cram book is over 600 pages filled with information that draws attention to the most important concepts and ideas of both exams. I found that there were very few typos and grammar errors, it was well documented and comes with hundreds of review questions, tips, tricks, notes and alerts for the exams.
The cd has an e-book of the IT Certification success 4th edition. Overall this package needs some updating and should be coupled with the Exam Prep book, which would give you an unbeatable combination for success the very first time out.
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Pros: 1. Very reasonably priced as a comprehensive review book and supposedly a money back guarantee.
2. It is current and up to date (as of the April 2003 exam)
3. It has a pretty good variety and quantity of examples and practice problems.
Cons: 1. There are a large number of errors in the example and practice problems. I found at least 50 errors in using this book as a review guide and it is difficult, especially on some of the example problems where I would wonder for half an hour where I went wrong. Some of the errors are obvious, others are difficult or near impossible to spot if you are trying to relearn this material and remember very little. I am sure there are significantly more errors since my review did not cover the book comprehensively and I'm sure I missed a lot as well.
2. The text is not very well written. Some sections go into too much detail while others simply scratch the surface. There were times when I learned more from reading the EIT handbook than from this review book.
3. Lastly, I was a little disappointed when I went to take the practice exam and I found several identical questions to the practice problems provided in the different chapters. The least they could have done was make sure not to reuse questions so that when we'd like to take the practice exam we haven't just seen the questions from review sections.
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like six years with god by jeanne mills!!