The Dick Davis Dividend: Straight Talk on Making Money from 40 Years on Wall Street


Praise for The Dick Davis Dividend

"The Dick Davis Dividend is a delightful read and is packed with useful advice for investors. The recommended strategy—index most of the portfolio and actively manage the rest—is likely to improve performance, lower risk, and still allow investment junkies to have fun picking individual stocks and funds. It's what I do myself."
—Burton G. Malkiel, author, A Random Walk Down Wall Street

"Dick Davis' new book is...

See more details below
Other sellers (Hardcover)
  • All (23) from $1.99   
  • New (9) from $6.99   
  • Used (14) from $1.99   
Sending request ...


Praise for The Dick Davis Dividend

"The Dick Davis Dividend is a delightful read and is packed with useful advice for investors. The recommended strategy—index most of the portfolio and actively manage the rest—is likely to improve performance, lower risk, and still allow investment junkies to have fun picking individual stocks and funds. It's what I do myself."
—Burton G. Malkiel, author, A Random Walk Down Wall Street

"Dick Davis' new book is a gem...packed with wise, down-to-earth advice for the long-term investor. The investing public needs more Dutch Uncle advice like this. It is worthy of broad readership. I have a general policy of not giving book blurbs, which gives me the freedom to make an exception when a truly exceptional manuscript crosses my desk."
—Knight Kiplinger, Editor in Chief, The Kiplinger Letter and Kiplinger's Personal Finance magazine

"For forty years, Dick Davis has been dispensing the best investment advice from the best analysts in the world. He is a true national investment wisdom treasure. The Dick Davis Dividend is the highlight of a long and successful career guiding investors in their search for profits and security. Each page is jam-packed with the best that forty years of unmatched research and incredible contacts can offer. This is a book that you will read and re-read over and over again."
—John Mauldin, author, Bull's Eye Investing and Editor of Thoughts from the Frontline

"The great thing about Dick Davis' advice—with 90% of which I agree and about the other 10% of which I am likely just wrong—is that it's basically timeless."
—Andrew Tobias, author, The Only Investment Guide You'll Ever Need

"I have known Dick Davis for about thirty-five years. His new book, The Dick Davis Dividend, is straightforward, sound advice. I highly recommend reading it!"
—Marty Zweig, Partner, Zweig-DiMenna, LLC

"The Dick Davis Dividend is an amazingly complete book covering not only the major aspects of investing but also capturing the nuances and exceptions that are so important. As we would expect from Dick, the writing is bright, engaging, and exceptionally clear. I recommend the book to all individual investors and think it will also help broaden the view of investment professionals."
—James B. Cloonan, Chairman and founder, American Association of Individual Investors

Read More Show Less

Product Details

  • ISBN-13: 9780470099032
  • Publisher: Wiley
  • Publication date: 12/10/2007
  • Edition number: 1
  • Pages: 471
  • Sales rank: 1,183,823
  • Product dimensions: 6.32 (w) x 9.17 (h) x 1.69 (d)

Meet the Author

Dick Davis is one of the most widely known and highly respected market commentators of his time. He founded The Dick Davis Digest in 1982, one of the nation's largest investment news-letters, and pioneered stock market reporting via television and radio. Davis also wrote a stock market column for the Miami Herald—which was syndicated to over 100 newspapers—for over ten years. Born in Yonkers, New York, Davis lived in Miami for forty-five years and in Boca Raton since 1992.

Read More Show Less

Table of Contents



About the Author.


Can 95 Million Investors Be Wrong?

A Challenge: Blunt Honesty without Turning Off the Investor.

Where I’m Coming From.

Housekeeping Notes.

Chapter 1: Personal Background.

Pre–Wall Street.

One-of-a-Kind Career on Wall Street.

Post–Wall Street.

Modesty Adds Credibility.

Part One: Deepest Convictions About Successful Investing After 40 Years On Wall Street.

Chapter 2: The Three Best Things to Have before Starting to Invest.



Deep Pockets.

Chapter 3: Six Absolutes.

1. Nobody Knows the Answers.

2. There’s Always an Exact Opposite Opinion.

3. We’re Predisposed to Fail, But Not Predestined.

4. There Is Symmetry in the Market.

5. The Market Is King—News Is Mostly Irrelevant.

6. The Durability of Major Trends Is Underestimated.

Chapter 4: Seven Core Convictions.

1. Asset Allocation Is Key to Managing Risk.

2. Proper Entry Level Is Crucial.

3. Be Aware of the Negatives: There’s Always a Column A and a Column B.

4. The Best You Can Do Is Put the Odds in Your Favor.

5. The Worst You Can Do Is Be Totally and Instantly Informed (A Critique of CNBC).

6. Many Strategies Can Work—The Key Is Consistency.

7. Index Funds: The Answer for Most, But Not the Whole Answer.

Chapter 5: Thirty-Five Nuggets.

1. After You Buy, It’ll Always Go Lower.

2. CEOs on Their Own Stock.

3. Conventional Wisdom Is More Conventional than Wisdom.

4. Humility Is Sadly Lacking on Wall Street.

5. A Sure Thing If You Have the Patience.

6. No Single Stock Has to Be Bought.

7. The Sticky Question of When to Sell.

8. Mergers Are Good for Everyone Except Stockholders.

9. Get Children Started Early.

10. Don’t Rebuke Yourself.

11. Face It, It’s History; Put It Behind You.

12. Investigate, Then Invest—Hogwash.

13. Cramer versus Kirk.

14. How to Answer Questions about the Market.

15. Giving Advice to Relatives—Tread Lightly.

16. When Greed Paid Off.

17. Losses Are Inevitable—A Big Loss Unacceptable.

18. ETFs Are a Beautiful Thing.

19. Rising Dividends Are More Important than Big Dividends.

20. The Broker and the Case for Discretion.

21. All Investors Are Not Created Equal.

22. Low Commissions Make Online Trading Hard to Resist.

23. Understand Your Own Temperament.

24. The Upside-Down Stock Market.

25. Every Group Has Its Day.

26. “When” Is More Important than “What”.

27. No Place to Hide for the Investor.

28. The Rarity of Inside Information.

29. What’s a Reasonable Return?

30. The Market Is Typically Dull and Indecisive.

31. Interest Rates—The Most Difficult of All to Forecast.

32. The Brilliant Market Call.

33. Your Results Will Differ From Your Fund’s.

34. You Can Make Money in a Down Market.

35. No One Has a Monopoly on the Right Answers.

Part Two: Okay, So What Do I Do With My Money?

Chapter 6: Active versus Passive Investing.

The 80-20 Solution.

Passive Investing—An Overview.

Index Funds: What’s Most Important To Know.

Chapter 7: Passive Investing: Twenty-Eight Model Index Fund Portfolios.

Setting the Table.

Paul Farrell: Lazy Man Portfolios.

Twenty-Eight Model Index Fund Portfolios.

Chapter 8: Active Investing with Mutual Funds.

Ways for Do-It-Yourselfers to Outperform the Market: Introduction.

Life-Cycle/Target Retirement Funds.

Mutual Funds: 18 Key Points.

Chapter 9: Active Investing with Stocks.


“My One Favorite Stock” Lists.

Piggybacking the Masters.

Virtual Investing.

Stock Screens.

Brokerage Focus Lists.

Stock-Picking Columnists.

The CAN SLIM Approach: William O’Neil.

The Magic Formula: Joel Greenblatt.

Jeremy Siegel’s Dividend Approach.

Private Money Managers.

Best Web Sites and Blogs.

Chapter 10: Conclusion.

Great Investment Books: The Right Kind of Homework.

Sayings and Quotations.

Wrap-Up: What I Hope You Take Away.


Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star


4 Star


3 Star


2 Star


1 Star


Your Rating:

Your Name: Create a Pen Name or

Barnes & Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation


  • - By submitting a review, you grant to Barnes & and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Terms of Use.
  • - Barnes & reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously
Sort by: Showing 1 Customer Reviews
  • Posted December 18, 2011

    An excellent investment book .. for long-term investment

    This is an excellent investment book. The author focused on his long-term investment philosophy & corresponding strategies and explained why (hint: derived from his 40 years on Wall Street). It is probably not that interesting if you want to know more about short-term stock trading. The book would be better if the author were more concise.

    Was this review helpful? Yes  No   Report this review
Sort by: Showing 1 Customer Reviews

If you find inappropriate content, please report it to Barnes & Noble
Why is this product inappropriate?
Comments (optional)