The book review rating system that I have developed for DIY Investing is based upon the degree to which I recommend the book and the breadth of audience that would find it useful. These are relevant metrics because everyone has a limited amount of time with which to read and educate themselves. You should focus first on those books which receive the highest recommendation, that are also highly targeted towards the subject you want to learn. My book review rating system is integral in allowing me to sort through the many books I read, to give recommendations for my fellow investors.
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Book Review Rating System:
An example of a broad subject would be “Personal Finance” or “Investing.”
An example of a specific subject would be “Basic Personal Finance,” “Budgeting,” or “Fundamental Analysis.”
Consequently, it will be much more difficult to qualify as a five star book, because the contents have to be useful and relevant for all interested audiences in a broad category such as investing. For example, only books on the caliber of The Intelligent Investor by Benjamin Graham* will qualify for a five star rating under investing.