Aesop Or Jim Cramer?

Troy Adkins thinks that Aesop wins the race. His choice for the best book on investing is The Tortoise and the Hare:

Given the simplicity of the famous fable "The Tortoise and the Hare," it may seem out of the ordinary to recommend it to people as a guideline for their retirement-planning decisions. However, the moral overtone provides meaningful insight in terms of helping people plan for their retirement by keeping them grounded in proper virtues that will likely lead to successful investing over time. Unfortunately, the simple principle of this story seems to have been largely forgotten, as evidenced by the fact that many people do not prepare adequately for retirement, and they tend to make very foolish mistakes while investing.



"The Tortoise and the Hare" is a story that is based on a race between a rabbit and a turtle, and the story explains why a turtle ends up winning a race that should have been won by a hare. The simple moral of this fable is that a slow and steady pace will win a given race. The essence of the story has pertinent meaning to the retirement planning process, because it stresses the need for people to start saving at a young age, and to follow a systematic and methodical approach to building their retirement nest egg over time, rather than getting greedy.

Good advice. Take that, Jim Cramer!