If you're intrigued by a blend of personal finance story and expert investment strategy, "Investing for the Long Term" could be your companion. Francisco García Paramés, drawing from major economic downturns and his growth post-2003, shares a narrative that's both relatable for the novice and rich with wisdom for the seasoned investor. The book merges a personal journey with a robust investment philosophy, grounded in Austrian economics. It's a map for anyone looking to navigate the complexities of the market with a long-term, value-centric perspective.

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The book is divided in two parts. The first one is formed by three chapters covering Francisco's education and first steps, his initial experience as an investor working alone, and the team work after 2003. It is an interesting story, that covers the end of the biggest bull market of the 20th century and the technological and financials crashes of 2000 and 2008. How the team dealt with all that is an interesting piece of personal story that can help younger readers to deal with similar situations.The second part covers the cornerstones of Francisco's philosophy. It starts with a chapter in Austrian economics, in his view the only sensible approach to economics, which has helped him enormously over the years. It follows with chapter five, where he explains why one has to invest in real assets, and specifically in shares, to maintain the purchasing power of ones savings, avoiding paper money (fixed income) at all costs.

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