One Up on Wall Street; How to Use What You Already Know to Make Money in the Marketby Peter Lynch, John Rothchild
Lynch shows that for the average investor, the key to making money in the stock market is sticking/i>
Peter Lynch knows how to make money. If you had invested $10,000 in the Fidelity Magellan Fund when Lynch became manager, ten years later you would have $190,000. How did Lynch create this incredible return? One Up on Wall Street lets you in on his secrets.
Lynch shows that for the average investor, the key to making money in the stock market is sticking with what you know. Instead of investing in a high-tech organization you read about in the press, look around you. Is there a company building a new plant in your area? Has your company just added a third shift at the warehouse? These are the clues you get before the professionals, the clues that lead to a "tenbagger" - a stock whose value increases tenfold.
Lynch shows you how to distinguish the long shots from the "no shots," how to research a company once you've spotted it. He explains the jargon and the numbers, the cycles and the turnarounds, and much more. Concise, unique, and proven, this method will put you in the money.
- Penguin Publishing Group
- Publication date:
- Product dimensions:
- 5.04(w) x 7.78(h) x 0.57(d)
Most Helpful Customer Reviews
See all customer reviews
Hi, I'm one of the millions who ivested my money in online charges using AOL in the 1990's, instead of buying AOL stock. Boy am I dumb. I wonder how many times I have to read a book like this before "I get it". Has anyone like me, watched WalMart become the biggest retailer in the world and I still don't have any Walmart Stock, but I got a new TV, new car, new computer, etc, DUH! Do I think I will ever learn? I doubt it. Here is a guy's life in this book and he seems to be somewhat successful at this stock thing. I think I'll read it 4 or 5 times.
This book was published in 1990. I'm sorry I didn't pay attention to that before I bought. VERY old information. Would not recommend. Should be taken off the list.
Very understandable and in-depth. Good for the first-time investor or a pro.