@sachac On reading about investments, try Alfred Rappaport, father of the Shareholder Value Approach, and a former professor at the Kellogg School. You’ll learn to “follow the cash”, and recognize that book value means little.
If the rules of the game have changed and the stock markets no longer perform the way they used to, well, we’ll have bigger problems than the lack of a decent return on investment.
Investment-wise, we’re on a good path. I don’t have the time or interest to pick individual stocks, and I’m comfortable with a boring balanced portfolio made up of index funds and skewed towards equities. From here on, it’s more about time and persistence than sophistication.