Home     About Us    Contact Us     Contribute     Privacy
Mutual Funds
Related Articles
Related Definitions
Related Categories
Tip of the Day

Tip of the Day Be Aware of Other Deductions

Be Aware of Other Deductions - As part of filing your income tax you need to educate yourself as far as what deductions are allowable. Each year the government...

read entire tip

Related Podcasts
Recently Added
Other Great Sites

Five Essential Books for Investors

Posted On: 2006-10-09Length: 4:44

Listen to this podcast

Even if you consider yourself a sophisticated investor, reading books on the subject is a great way to keep your skills sharp. But with bookstore shelves brimming with investment advice, how do you separate the informative and readable from the vacuous and dull? In this Fidelity Personal Finance podcast, one author's opinion on what he considers a must-read list for today's informed investor.

Michael Sincere spent years as a trader and author. And although he admits this list is by no means comprehensive, here are five books he thinks are a good start for those interested in reading the classics. The first book Michael Sincere recommends is Reminiscences of a Stock Operator by Edward LaFavre. Although revised a little over 10 years ago, the original book was written more than 80 years ago and is considered a classic, containing lessons that remain relevant today, and is often mentioned by traders and investors as one of the best. Loosely based on the life of legendary stock trader, Jessie Livermore, it's a page-turner that reads like a trader's diary.

Another book is How to make money in stocks by William O'Neil. O'Neil, chairman and founder of Investor's Business Daily was one of the first to clearly explain how to select profitable stocks using both fundamental and technical analysis. In this best-selling book, first published in 1988, he introduces traders and investors to his rule-based trading system, Can Slim, which uses a common sense approach to buying stocks. In case you're wondering, Can Slim is an acronym that stands for Current Quarterly Earnings Per Share, Annual Earnings Per share, New Products, Shares Outstanding, Leaders, Institutional sponsorship and market direction.

Another must-read according to Sincere is The Intelligent Investor by Benjamin Graham. Originally published in 1949 and revised a few years ago, this is often referred to as the Bible of Fundamental Analysis. Graham, considered by many to be the world's greatest investment adviser of the 20th century, introduced a generation of investors to a strategy known as "value investing." He learned from an early age the importance of thoroughly researching a company and determining whether its stock price is a good value. Although the original version of the book was difficult to read, the terminology in the revised version is markedly improved.

A fourth book Sincere recommends is One Up on Wall Street, by Peter Lynch with John Rothchild. Lynch, Fidelity vice chairman and the former manager of the Fidelity Magellan fund, is recognized as one of the most successful portfolio mangers of all time. When he wrote One up on Wall Street in the late 80s, many investors knew little about buying and selling stocks. With his reader-friendly writing style, Lynch taught investors and traders to examine the company behind the stock, building upon Graham's ideas. In One Up on Wall Street Lynch explained how investors could identify profitable companies based on their own experience and observations.

And Sincere's final recommendation is, The Essays of Warren Buffet, by Lawrence...

Discuss It!

Linda A. Swain said:

Your blog is a great one. What really impresses me is that you are correctly mentioned that there are thousands of tools that are available to create a website or launch one but what matters is that you <a href="http://www.modernlive.com/">twinkle winkle</a> one, the one that gives you all that is actually needed.

AC Service Center in Hyderabad said:

Thanks for giving useful information for every one.

buy dissertation online said:

This is a nice blog with good information in it. Investment is a risk taking business were how good investor he may be must have a habit of reading book on that subject. This will increase is knowledge in investing sector and he will get to know some solutions for problem rise in this sector.

instagram private profile viewer said:

Private viewer is the things that you can see private photo and videos of private instagram you can see the lots of the stuffs for getting the free private viewer online and enoy the instagram private viewer and the unlimited photo and videos are visible online using the viewer.

rolex replica watches said:


animeyt said:

Lynch taught investors and traders to examine the company behind the stock

19216811 said:

In the next step click on the Wireless menu option and set the Configuration View to Manual for seeing the SSID or network name used by the broadband network that you are using.

Dissertation Writing Services UK | DissertationAbstract said:

Beyond any doubt i see what it intends Be that as i don't comprehend how that is. I constantly possibility perusing moved forward appreciation skills?.

??? said:

My friend mentioned to me your blog, so I thought Iâd read it for myself. Very interesting insights, will be back for more!

best memory foam mattress said:

Thanks for writing such a good article, I stumbled onto your blog and read a few post. I like your style of writing...

httpwww.fxstat.comenuserprofilehelenareed-102826blog said:

My friend mentioned to me your blog, so I thought Iâd read it for myself. Very interesting insights, will be back for more!

Most Popular Articles
Most Popular Definitions
Daily Definition

Definition of the Day Scholarship

Definition: A monetary award, usually based on either academic merit or financial need (or both), that can be applied to...

read entire definition




Home     About Us    Contact Us     Contribute     Sitemap


Copyright © 2009 TeenAnalyst.com