This book is amazing.Improves my investing sense and Peter described every situation year by year so nicely.It is awesome read and I read this book 2-3 times.He described the market cycle so well.That if I relate indian market post 2000 it also fits there.It improve my stock picking sense such a nicely way that I avoid now penny stock with bad business and huge debt companies.It makes you smart to invest smartly and think again and again before investing and picking a new stock.Really fabulous book and must read for every serious stock investor.