Book Description
In the high-level yet down-to-earth style for which McGraw-Hill's Streetsmart Series is known, STREETSMART GUIDE TO VALUING A STOCK covers everything from basic stock valuation to more advanced valuation models and techniques. Its nuts-and-bolts, nontheoretical methods will be invaluable in helping you locate and analyze undervalued stocks. "The book outlines the fundamentals of making an investment decision in a stock based on a reasoned evaluation of that stock's worth. The writing is direct, logical, and remarkably interesting..." - William R. McLucas, Partner, Wilmer, Cutler & Pickering, Former Director, Division of Enforcement U.S. Securities & Exchange Commission. "The authors have taken one of today's rarest commodities—good common sense—and applied it to one of today's most vexing challenges—valuing a stock. This book is a valuable tool for anyone participating in the stock market." - Warren A. Stephens President & CEO, Stephens, Inc. "Today's stock market is more complex and volatile than ever. A stock's price does not necessarily represent the intrinsic value of the company. I believe that we all need the safety net of cash flow valuation to make prudent investment decisions. Many Wall Street analysts would benefit from reading STREETSMART GUIDE TO VALUING A STOCK, and I will recommend it to all of my institutional clients." - M. Clara Tucci, Managing Director—International Equity Sales, ING Baring Furman Seltz. "This is a terrific book for investors! In a witty, fresh style the authors explain how to value a company's stock by using an easy-to-understand, 4-step approach. They explain what numbers are required, where to get them quickly, and how to use them." - Charles C. Snow, Ph.D., International Education Program Lecturer on Strategic Management, Mellon Bank Professor of Business Administration, The Pennsylvania State University.
Customer Reviews:
Good practical introduction to discounted cash flow (DCF) valuation.......2007-01-26
Using discounted cash flow (DCF) to estimate the intrinsic value of a stock is not for those looking for those looking for easy rules of thumb; it requires work. This book, together with the related website, does a good job of showing how, in language that doesn't require you to be an MBA. Recommended.
Another Disappointment from Academia.......2006-12-31
"The Streetsmart Guide to Valuing a Stock," written by three credentialled Penn State University finance professors, prompted this reader to expect the "latest and greatest" thinking on stock valuation. If the prospective reader has similar expectations, he or she should look elsewhere. This reader found the book disappointing in many ways. For openers, it was crafted to target the least discriminating of students leaving the rest of us to wade through endless repetitions of simple ideas and to struggle with more complicated ideas via ambiguous word descriptions where a simple equation would suffice. More importantly though, the authors' discounted cash flow valuation theory (as opposed to more traditional discounted earnings theories) appears to be the wrong approach. Whereas stock investors have an exclusive claim on earnings, they must stand in line behind creditors with their claims on cash flow. Also while the appropriate discount factor in most evaluation theories has to do with the rate of return on the investor's alternative investment options, in the authors' theory it is the corporation's weighted average cost of capital - a very different and seemingly irrelevant concept.
Warren Buffet may be the only one to correctly value stocks, but he's not talking. Until he does the prospective valuer might find Mary Buffett's renditions ("Buffettology" and "The New Buffettology") to be more useful and understandable alternatives to the "Streetsmart Guide to Valuing a Stock."
Getting Streetsmart - your money better spent elsewhere.......2006-03-11
The first half of this book did an admirable job of introducing the reader to various stock valuation terminology & methodology.
Unfortunately, the second half of the book focused almost solely on explaining, applying, and encouraging the purchase of their stock valuation software. Without this software, the second half of the book is somewhate limited in its value and use.
The book's not a total loss, thanks to the first half, but is probably a better exercise in "book valuation". This one's valuation falls somewhere short of its purchase price. If it were a stock and I were to apply the owners valuation principles, it might be best to pass on buying it...
Hope this helps! Cheers!
it's all here.......2006-03-08
If one is patient with this book, one will reap many rewards.
DCF explained from start to finish.
Sound Economics.......2004-05-01
This book offers an economically sound approach to stock valuation. The associated free website is also very useful.
Book Description
Market Trading Tactics Beating the Odds Through Technical Analysis and Money Management Market Trading Tactics is a handbook of trading tactics, touching on the major charting techniques and indicators. It shows how to formulate realistic money management techniques and helps the private trader use all these indicators to search for the best trading opportunities. It shows how to plan entry set-ups and how to devise disciplined stop-loss techniques. The book outlines a flexible day-to-day plan of action that enables traders of all levels to trade with greater direction and confidence. Author Daryl Guppy also discusses how to go about the daily search for new trading opportunities and offers ready-to-use formulae to ease the process. He explains how best to exploit trading opportunities and discusses managing the position to maximize profitability. The book is supported on www.guppytraders.com with constantly updated material. Guppy takes position-trading beyond the basics as he describes in easy-to-understand detail how it is possible for any trader with an understanding of the market to maximize the prospects of success by using the right trading tactics. "Extremely entertaining and well-written book which explains the ins and outs of technical analysis in a way which is not only understandable but readily applicable. This book is certain to become a standard in the libraries of traders and others interested in the development of trading mastery." - Ari Kiev, M.D., author of Trading to Win: The Psychology of Mastering the Markets "Daryl Guppy has detailed a series of down-to-earth and practical methodologies that provide an invaluable, solid foundation to assessing and managing risk in today's markets. This must be considered as required reading for both new and seasoned investors intending to commit their funds to trading in the equity market." - Ian Copsey, Executive Director of Mandarin Capital Technologies Pte. Ltd. and author of Integrated Technical Analysis "Guppy proves he's no small fish in understanding the art and science of trading. You will learn from this book." - Larry Williams, author of Long-Term Secrets to Short-Term Trading
Customer Reviews:
MMA is worth the price of admission.......2002-07-23
Like a previous reviewer, I was not impressed overall by the book. It has some interesting things to say, but many of the techniques are either very common or don't fit in my trading style. The section on MMA is very interesting though, and it has been incorporated into my trading plan, as I find it very interesting.
The complaint about the authors use of metastock in another review was rather silly, in my estimation; the use is simple enough that any reader should be able to look at the formula and decide they can implement that themselves rather easily (or maybe decide that the formula is not important, and they have elements in their trading plan that already do it).
A word of warning, this is not a day trading book. If you want something intraday or extremely short term (a la 1-5 day swing trading) this book is probably not the best choice.
Read it!.......2001-01-25
I recommend this book to all traders because there are a number of good points and new ideas mentioned in it which I find useful to my trading. It is infinitely better than a lot of the newly-published daytrading books out there.
I trade for a living.......2000-11-16
This is the authors reply to the Singapore review. I trade for a living and the MMA is one of my core indicators. It has been presented in real time at many Australian, Asian and US workshops and is used successfully by many traders and some fund managers. We also show the operation of this indicator in real time in our weekly newsletter. To suggest that chart illustrations are 'fudged' is slanderous and incorrect. With more experience in TA and with modern charting packages, he would note the changes in scaling in the two extracts and still be able to match the dates of the identifie turning points. The depth of market information for many Asian exchanges is readily available from several Singapore based web sites.
This one is for everyone.......2000-10-18
One of the many benefits of this text is the breath of the subject matter. A first read will tell you the the author knows what he is speaking about. The section on Gambler or Trader is worth the price of the book. In fact each chapter has something for the trader or investor. There are many gems here. You only need the experience to realize they are right in front of you. Buy it.
Nothing new here and too much fluff........2000-09-26
I've read many trading books using Technical Analysis and have been practising TA for 4 years now. The author does not bring anything new to the field. His heavy reliance on a certain popular charting software for his stock searches make the approach useless for readers without access to similar software and market information.
Similarly, the section on depth of market is also difficult to implement by most home traders who do not readily have access to this data (ie most Asian countries). Most of what he talks about, typical chart patterns like gaps, triangles etc and even his techniques in money management and market psychology, are nothing new and are available in almost every other book on TA.
Initially, I was interested in his MMA approach but I was suprised that the charts in the book seemed fudged - entry and exit points are inconsistent from one chart to another and seemed to have been moved closer together to make them coincide! Additionally, I cannot see how the author says that his MMA has very little lag since, in practice, the MMA will only give the user a meaningful signal after the market has moved too much away from him. If it is possible to trade with hindsight, the author's MMA looks beautiful.
Overall, I wished I had spent more time finding a better book on market trading tactics. The cryptic chapter names tries to hide the fluff from the book browser in bookstores. My advice is flip through the pages before you buy. There are other better books.
Book Description
More than 63 million Americans now invest in stock mutual funds. Yet, among the thousands of available choices, less than five percent consistently beat the Standard & Poor's 500 index. The few managers able to surpass this venerable benchmark are a rare breed indeed. Wizards Of Wall Street reveals the secrets of 18 of the world's most steadfastly successful mutual fund managers-all of whom have outperformed the S&P 500 over the past five years, many for much longer.
Kirk Kazanjian, a noted investment expert and personal finance author, presents candid and telling interviews with each manager, tracing their careers and uncovering their successful stock picking strategies. Some, like David Alger, Thomas Marsico, William Miller, and Jim Oelschlager, are prominent in the press. Others, like Ronald Canakaris and William Oates, avoid the spotlight and rarely grant public interviews. Some look for growth at any price. Others keep a strict eye on value. Some buy only established giants. Others prefer small startups. All have indisputable track records, fascinating backgrounds, distinctive styles, and a wealth of knowledge to share.
The book culminates with a penetrating look at the traits these pros have in common and provides a list of ten keys to beating the market. Engaging and enlightening, Wizards of Wall Street will captivate anyone interested in investing for both pleasure and profit.
Customer Reviews:
Big Disapointment.......2004-04-04
I'm not sure I found one decent idea in this book
I would rate this a "sell".......2004-03-07
I bought this book hoping to learn some real insights. What I learned is that this author doesn't understand the business.
Very Good Book.......2002-06-18
One of the finest all-around investment books I have seen. Lots of wisdom from many excellent managers.
There are much better books out there.......2002-06-10
This wasn't one of the better books out there. It may have been one of the worst. I personally liked: "Secrets of the Wealth Makers: Top Money Managers Reveal Their Investing Wisdom."
Excellent reading and great investment tips.......2002-06-03
This book is full of great and timely investment advice from some leading investment managers. I also really enjoyed how the author took the best advice and put it all together to form specific strategies every investor can use to manage a profitable portfolio. It will be an insightful read for investors of all experience levels.
Book Description
Contrarian investing--what it is, how it works, and why millions of successful investors see it as the only logical choice
"(Davis is) one of the most widely respected technical market analysts operating today."
--Louis Rukeyser
Contrarians say that, when it comes to investing, the crowd is wrong more often than it is right--and prove it with their 200-year history of success! The Triumph of Contrarian Investing is a fascinating, in depth examination of the impact of crowd psychology on markets, how the crowd is often predictably incorrect, and how investors can use long-proven contrarian investing strategies to uncover tremendous buying and selling opportunities.
Ned Davis, one of today's biggest names in investing, reveals:
- How to ignore the temptation to "join the crowd" and uncover tremendous opportunities
- Consistent signs that a stock's price has been driven too high or too low
- Strategies for protecting contrarian portfolios when--as sometimes happens--the crowd is right
Download Description
Contrarian investing--what it is, how it works, and why millions of successful investors see it as the only logical choice"(Davis is) one of the most widely respected technical market analysts operating today." - Louis Rukeyser. Contrarians say that, when it comes to investing, the crowd is wrong more often than it is right--and prove it with their 200-year history of success! The Triumph of Contrarian Investing is a fascinating, in depth examination of the impact of crowd psychology on markets, how the crowd is often predictably incorrect, and how investors can use long-proven contrarian investing strategies to uncover tremendous buying and selling opportunities. Ned Davis, one of today's biggest names in investing, reveals: * How to ignore the temptation to "join the crowd" and uncover tremendous opportunities * Consistent signs that a stock's price has been driven too high or too low * Strategies for protecting contrarian portfolios when - as sometimes happens--the crowd is right
Customer Reviews:
Disappointment.......2007-02-19
I have respect for Ned Davis as an analyst and this led to me buying his book.What a disappointment.Only 70 pages and the rest meaningless page after page of charts.I believe it is misleading to advertise a book of 188 pages and then only have 70 pages of content!! Buyer beware
The Triumph of Contrarian Investing: Crowds, Manias & Beating the Market by Going Against the Grain.......2006-06-26
This book did not contain much information, only 70 pages of text. The rest of the book being made up of a series of graphs.
The author frequently referred in the book to subscription research services he offers, as if the book was an advert.
I was disappointed with this book.
Too simplistic.......2005-08-14
Buyer beware...the book is padded in large part by graphs and data. The actual chapters are short and can be covered in a day...This is a beginner's book with little insights...Professional stay away!
Only for a beginner.......2004-09-12
First let me say, Ned Davis Research does excellent work. I was hoping to get some insight into the types of research his company uses. But I'm sorry to say I can not recomend this book to anyone but those completely unfamiliar with sentiment analysis. Only the basics are covered. Over half of the book is stock charts showing fundamental variables (I thought this was about sentiment?) and is a waste of space. He does say he is using these variables as a measure of investor sentiment but maybe they could have used a handful of charts as examples, not over half a book that is only 170 pages long.
Book Description
Discover the Ideal Investment Strategy for Yourself and Your Clients
"To enhance investment results and boost creativity, Jim Ware replaces the maxim know your investments with know yourself. And he gives us specific testing tools to do the job."-Dean LeBaron, Founder, Batterymarch Financial Management, Chairman, Virtualquest.company, and investment author and commentator
"Many investment firms fail, even though they are run by intelligent, qualified professionals, because they lack creativity. This book can rescue you. Jim Ware explains how to organize your business to encourage creative thinking. In five years, your customers will be working with an advisor who read this book, so make sure you are the one who did."-Ralph Wanger, President, Acorn Investment Trust, CFA and author of A Zebra in Lion Country: Ralph Wanger's Guide to Investment Survival
"Jim Ware has a great knack for understanding people and successful investing. This unusual combination of skills creates a rare find: useful insights to improve investment performance through helping people work together better. Jim's wit and humor make this a fun read as well!"-Dee Even, Senior Investment Officer, Allstate Insurance Company, Property & Casualty
"The Psychology of Money represents a major step toward development of a portfolio theory that recognizes human dynamics and differences among people. Jim's content is solid, and his presentation is engaging. This book ought to be on every practitioner's bookshelf."-Kenneth O. Doyle, University of Minnesota, Author, The Social Meanings of Money and Property: In Search of a Talisman
"Finally, an insightful look at the human side of investing. A step-by-step guide to enhancing management performance to increase returns."- Abbie Smith, PhD, Professor of Accounting.University of Chicago Business School
Download Description
This book uses the Myers-Briggs Typology, a psychological test based on Jungian theory, to explain the basic investment "personality types." Professional will not only learn what their own style is, but will learn the value of creative collaboration among various "personality types" to earn the highest returns for their firm
Customer Reviews:
Fluffer Nutter Wisdom - Lacks Practical Advice.......2002-07-02
This book does not stand out in any fashion other than as a forum for the author to show off his anecdotal tales of philosophy and finance.
I found nothing concrete to implement for my investment style. And the exercises to expand my "mental boundries" for unique thinking, seemed like rehashed, rhetorical self-help.
There was little correlation between the title and the content; again reminding us that one should not judge a book by it's cover.
Interesting mix of psychology and investing.......2002-01-02
As a die hard Index fund fan, I would disagree with the author's book title that it is possible to beat the Index year after year. However, the author's unusual mix of Myers-Brigg people type categorization plus investing was an interesting read. I gained the most from this book from the author's thoughts and stories about the creative thinking process more than anything else. Enjoyable book to read, but not sure his techniques can be practically applied by an investor.
Not very useful.......2001-05-02
After reading Mr. Ware's book, I found his writing style to be witty and concise. However, his book is not at all practical or useful as an investment guide. As a professional money manager, I didn't think that the book had good enough concepts in it to warrant "Beating the Market". Definitely not in the same class as, say, Warren Buffett's annual reports and his letters to the shareholders of Berkshire Hathaway.
I seriously doubt that applying the concepts in this book will be helpful in "beating the market", especially the S&P 500 index, which has consistently beaten approximately 80% of all actively-managed mutual funds.
This book makes a nice attempt at relating psychology to finance but falls short, in my opinion, by falling back into common sense generalities that should already be known, without having to read this book, by those hoping to profit in the markets.
Managing money? This one will help you by ..........2001-04-30
... making you aware of your own/your clients' biases and giving you practical tools to defuse them. Specifically, by way of example, money managers (I am one) will learn to:
- recognize their own typical behavior, or that of colleagues or clients, as belonging to one of several psychological types ... - thereby stopping short of saying/doing stupid things and also circumventing problems at the workplace; - identify actions that will boost behavior that you or your firm seem to lack: creativity, focus, a will to use analytical skills, etc; - identify industry mantras ("team approach", etc) for what they are or identify actions that transform a mantra into action
Overall, I agree with the other reviewers that this book is a surprise, a very positive one. Basically it convinced me that every money manager should have, packed with his/her baggage of technical skills and intelligence (standard and "emotional"), also some psychological training. This book goes some way towards such education.
I am uncomfortable with a couple of Ware's ideas, particularly the "listen to intuition" advice towards the end of the book. As an "owl" I would be inclined to say this, but basically I met too many fakers who would justify rash investment moves only on intuition and long-running experience, lose money or fail to recognize the moment to take profit, and never talk about it afterwards. Intuition may come before analysis, but if it cannot be supported by reasoning I don't see that it should be followed; as a matter of practice you won't be able to anyway, because first you have to sell it to clients, team members, or bosses, and you won't.
But stars measure how good is the book, not how much I agree with it, and this one is great. I'm serious, buy it. Even more so if you don't believe in the psych stuff: do violence unto yourself, buy it now and read it, you'll need it more than others do.
It's not just for investment managers.......2001-02-17
I know Jim Ware, and he knows I love to read. So when his book was published he offered to send a copy. Sitting next to me was a large pile of "to-be-read" books, so I was certain a book for investment managers would reside near the bottom for a long while. That was then...
Shortly after it arrived, knowing that reading diverse topics offers insights not available if I stick to the familiar and friendly, I began to read. What a shock (no offense Jim). This is a wonderful book! Even before I was finished, I found myself referring to it in a conversation about different methodologies for strategic planning...totally unrelated to investments. By using Myers-Briggs Typology, Jim gave me a renewed sense for how I can be more successful when I approach others based on what makes them comfortable, rather than from my own comfort zone.
Jim obviously shares my interest in synthesizing diverse subject areas. He, quite naturally I thought, shows how wisdom from quantum physics, large scale change, eastern thought, creativity and-god help those analytical investment types-spirituality can lead to new ways of thinking within any profession. Jim offers a wonderful synthesis for anyone who wants to see the world from several leading-edge vantage points.
And, I loved Jim sense of humor. Near the end, he implies that many investment managers take the "fun" out of fund. I began to wonder if fund is the past tense of fun? Thank you Jim for this enjoyable journey.
Amazon.com
Falling in love with your investments is easy to do. You spend lots of time looking for that perfect company worthy of your money, then you buy it. The more the stock goes up, the more you like it. If the stock goes down a bit, you're usually pretty forgiving. But if it goes down a lot, you find yourself in a big dilemma. Should you hang on, hoping for better days, trusting that your reason for buying the stock in the first place was sound? Or should you admit your mistake, dump it, and move on?
In The Unemotional Investor, Robert Sheard, author of the Dow Dividend Approach and Foolish Workshop for The Motley Fool, offers a way around this dilemma. He notes that the obvious requirement for making money in the stock market is to buy low and sell high, but that most people simply can't do this. "What does it take to buy low and sell high? Surprisingly enough, it takes the polar opposite of normal human emotions."
So rather than try to reverse this investor psychology, Sheard sidesteps it altogether and advances two successful systems for buying and selling stocks. The first follows the Dogs of the Dow, which looks at the highest yielding stocks in the Dow 30. The second invests in growth stocks that also have a high degree of price momentum. Both systems require no knowledge of the companies in which you're investing. Instead, decisions to buy and sell are based on easily-acquired information. Sheard demonstrates how over the years these systems have consistently beaten--by a wide margin--all of the major stock indices.
If you've never consistently made money in the stock market, or if you're tired of the measly returns offered by your mutual fund, consider this book. It's good for all level of investors (except the most jaded) and typifies the best of The Motley Fool. Sheard's writing is clear and easy to follow. Highly recommended. --Harry C. Edwards
Book Description
Investing in Stocks -- Without Investing in Time, Tears, or Terror
When Robert Sheard decided to bite the bullet and get into the market, he wasn't the typical Wall Street player, didn't have years of trading experience, and didn't have an M.B.A. What he did have was the know-how. As one of the top stock researchers for The Motley Fool -- the widely popular and fiercely irreverent financial site that launched the bestselling The Motley Fool Investment Guide and The Motley Fool's You Have More Than You Think -- Sheard developed mechanical, emotion-free formulas for analyzing stocks. Now he shares his insights to help you earn gains that will crush market averages. The Unemotional Investor teaches you:
* How to evaluate stocks
* What numbers to look for and how to compare them
* When to buy and when to sell
* How to manage the portfolio you create
* Two investing models you can use -- one of which requires no math, no experience, and about fifteen minutes of work per year!
Like other books created by The Motley Fool, The Unemotional Investor presents an easygoing approach to a subject often shrouded in mystery, making it easy for even rank beginners to take the first steps toward reaping the rewards of a low-maintenance, high-profit portfolio.
Customer Reviews:
a great Dogs of the Down strategy.......2004-04-23
This book takes as it's premise that you can beat the market. Efficient Market proponents will find it hilarious.
This book is worth it's purchase price for a detailed analysis of variations on the Dogs of the Dow strategy.
The section on growth investing is to the best of my knowledge complete hogwash, data mining at it's worst. But the DOD part I think provides some reasonable investment ideas.
Little Dry.......2003-12-28
I had to skip the first few chapters 'cause he kept talking about his personal life and blah blah. I finally get through that and it starts off w/ Kindergarten level investing. I read through a few more chapters and then I had to let it go. Not for me but not necessarily a bad book.
It works.......2003-10-06
If you're like me and don't have time to pore over the Wall Street Journal every morning or stay online 10 hours a day watching the stock trends, this book is for you. It gives a simple, easy to follow, and "unemotional" system for picking top performing stocks. If the market is doing well, you will too. If it isn't, he describes when to get out. I made money with this system at a time when many of my friends were losing money on their stock "hunches."
Motley Fool rip-off.......2002-03-22
If you have any of the Motley Fools investment books, then this book is a waste of time and money. Robert Sheard, a former Motley fool employee, basically just takes the Motley Fools investment systems and puts a new cover on it, and sells it as a new book. He even re-uses the same jokes. Don't waste your money.
Transfer, please..........2002-03-14
The hard informational content of this book could be presented on a single sheet of 8-1/2 x 11 inch paper. Then again, I'd be delighted to pay [money] for it if it showed me how to pick stocks with a 40% annual return. I don't know about you but I have hard time remaining unemotional when promised a 40% return!
Of course, the real question is: does it work? Well, I haven't risked any of my money trying it out. (Do you think I'm nuts?) But even the author admits his theory is based on only 10 years of data. Whoa! I'll be getting off the bus right here, thanks...
(For what it's worth, the author seems like a nice guy who really believes in his baby, so I take no joy in one-starring his book. I hope he gets his 40%.)
Book Description
Profit from a powerful, proven investment strategy
The Little Book That Makes You Rich is the latest book in the popular "Little Book, Big Profits" series. Written by Louis Navellier -- one of the most well-respected and successful growth investors of our day -- this book offers a fundamental understanding of how to get rich using the best in growth investing strategies. Navellier has made a living by picking top, actively traded stocks and capturing unparalleled profits from them in the process. Now, with The Little Book That Makes You Rich, he shows you how to find stocks that are poised for rapid price increases, regardless of overall stock market direction. Navellier also offers the statistical and quantitative measures needed to measure risk and reward along the path to profitable growth stock investing. Filled with in-depth insights and practical advice, The Little Book That Makes You Rich gives individual investors specific tools for selecting stocks based on the factors that years of research have proven to lead to growth stock profits. These factors include analysts' moves, profit margins expansion, and rapid sales growth. In addition to offering you tips for not paying too much for growth, the author also addresses essential issues that every growth investor must be aware of, including which signs will tell you when it's time to get rid of a stock and how to monitor a portfolio in order to maintain its overall quality. Accessible and engaging, The Little Book That Makes You Rich outlines an effective approach to building true wealth in today's markets.
Louis Navellier (Reno, NV) has one of the most exceptional long-term track records of any financial newsletter editor in America. As a financial analyst and editor of investment newsletters since 1980, Navellier's recommendations (published in Emerging Growth) have gained over 4,806 percent in the last 22 years, as confirmed by a leading independent newsletter rating service, The Hulbert Financial Digest. Emerging Growth is one of Navellier's four services, which also includes his Blue Chip Growth service for large-cap stock investors, his Quantum Growth service for active traders seeking shorter-term gains, and his Global Growth service for active traders focused on high growth global stocks.
Customer Reviews:
Little book, huge value.......2007-10-08
Another in a great series of Little Books. This packages a strong message in punchy form. It's highly readable and a must for anyone who invests actively. A great read for institutional employees or those who manage their own accounts.
Excellent resource for growth oriented investors.......2007-10-05
The growth vs. value debate is a favorite for many Wall Street veterans, with lots of folks in each camp being a die hard believer of their point of view regardless of current market conditions. Personally, I think one should always be flexible in his/her investment approach, and perhaps more importantly, any investment approach done right can make money in any market environment. For the growth investing side of the coin, Navellier's Little Book is a very valuable tool.
Navellier detail's a proven yet easy-to-follow approach that can help you make money. One of the common misconceptions of growth investing is that one has to take excessive risk to beat the market, but Navellier shows you how if you have the right selection criteria this is not necessarily the case.
The Little Book's formula looks at eight different fundamental characteristics of a stock, such as sales growth and cash flow, along with several quantitative factors that measure risk versus potential reward. The book also details how to analyze the overall strength and quality of your portfolio without having to apply too much rocket science. One thing I would have liked to see more of is more real world examples and backtested results, but given the dearth of free stock backtesting and screening services out there, its not too hard to do this on your own once you understand the formula.
excellent guide to stock picking.......2007-10-04
Quite simply, this is one of the best books on picking stocks I have ever read. Most of the books I read in this area are not specific enough about the exact steps need to find high quality stocks. In straight forward easy to read and understand language, navellier revelas exactly what qualities he looks for in growth stocks. most of the tools you need to be a winning investor in growth stocks are in this book. What few tools he couldnt give away in the book he makes available to you on the books companion web site. I think investors both new and experienced can learn a lot about finding winners from this book. Navellier teaches the techniques, the mindset and how to mangage your portfolio over time. It is a gem of a littlebook!
Book Description
Develop a Winning Investment Strategy -- with Expert Advice from "The Nation's #1 Money Manager"
Peter Lynch's "invest in what you know" strategy has made him a household name with investors both big and small.
An important key to investing, Lynch says, is to remember that stocks are not lottery tickets. There's a company behind every stock and a reason companies -- and their stocks -- perform the way they do. In this book, newly revised and updated for the paperback edition, Peter Lynch shows you how you can become an expert in a company and how you can build a profitable investment portfolio, based on your own experience and insights and on straightforward do-it-yourself research. There's no reason the individual investor can't match wits with the experts, and this book will show you how.
In Beating the Street, Lynch for the first time:
* Explains how to devise a mutual fund strategy
* Shows how he goes about picking stocks, step-by-step
* Describes how the individual investor can improve his or her investment performance to rival that of the experts of the investment clubs.
Customer Reviews:
A study in excellence.......2007-02-15
What a great book of explanation. He gives many of his normal habits to us that are away from all the other advise of investors and financial advisors. His whys may sound old fashioned but look at his record and you will be old fashioned also if you could obtain what he did. I will read any and all of his other books now. I only see one listed at this point but will hope to find him writing more. I have been in the Magellian fund since 1986 and his success has proven itself to me personally.
Entertaining and useful.......2007-02-10
This book is a must-read for anyone interested investing. Peter Lynch ran one of the most successful mutual funds in history, the Fidelity Megellan Fund, which averaged an annual return of 29% during his 13 year tenure. He is also ranked by Wall Street as one of the most successful stock pickers on the planet. In Beating the Streets, Lynch outlines his common-sense approach to stock picking. The approach, labeled as "buy what you know" by Lynch, or investing in your "circle of competence" as referred to by Warren Buffet, is a simple strategy the yields results proven by many successful investors. In his book, Lynch goes through his entire process of stock picking from how he discovers a lead through what numbers he looks at to how he investigates the company behind the stock. I found the book to be an extremely accessible, comprehensive, and practical guide that is written in an entertaining and light-hearted manner. I highly recommend this book to anyone that wasn't born with a fortune in their bank account.
The Lynch Classic--Unbeatable, except perhaps Warren Buffett's Annual Reports.......2007-02-04
Lynch makes lots of good points. One of them is as a small investor you can buy into thinly traded stocks on the way up, such as APCC in the early days.
Big funds simply can't get enough stock to make it "worthwhile," an interesting point, usually overlooked by the pros in their writing.
if you want to know how to invest you don't need this book!.......2007-01-29
if you want to know how to invest you don't need this book!
90% of this book is Peter Lynch story
not as good as I expected.......2007-01-22
A lot of repeating in this book. Lack of good ideas.
Book Description
Let's face it; the market has always been complicated. In such an environment, it is often the elementary tools that work. Investing in individual stocks challenges our instinct as much as it challenges our financial judgment. Investors who thrive in the market choose to buy stock in companies operating not only based on performance, but also those companies with long-term potential. Beating The Stock Market is a down-to-earth guide covering everything from the market cycle and its danger signals to selling on margin as well as the difficulties of shorting securities, and much more. Author R.W. McNEEL's nuts-and-bolts approach to his subject is effective in outlining the fundamentals of making investment decisions based on reasoned evaluation versus sheer instinct. Beating The Stock Market is an invaluable tool for anyone investing in today's fickle financial markets.
Books:
- StrengthsFinder 2.0: A New and Upgraded Edition of the Online Test from Gallup's Now, Discover Your Strengths
- Success Is a Choice: Ten Steps to Overachieving in Business and Life
- Sustainable Tourism
- The ART of Risk Management
- The Black Swan: The Impact of the Highly Improbable
- The Commanding Heights: The Battle Between Government and the Marketplace That Is Remaking the Modern World
- The Communist Manifesto (Signet Classics)
- The Condition of Postmodernity: An Enquiry into the Origins of Cultural Change
- The Economics of Exchange Rates
- The Economics of Natural Resource Use (2nd Edition)
Books Index
Books Home
Recommended Books
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- Bill and Pete
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General
| Popular Economics
| Business & Investing
| Subjects
| Books
Value Investing: From Graham to Buffett and Beyond (Wiley Finance)
Screening the Market
Applied Equity Analysis: Stock Valuation Techniques for Wall Street Professionals
Fire Your Stock Analyst: Analyzing Stocks On Your Own (Definitive Guides (Financial Times/Prentice Hall))
The Streetsmart Guide to Overlooked Stocks : A Guide to Investing in the Best Overlooked Stocks for Superior Returns
