Customer Rating: 
Summary: Changes the Way You Think About Investing: If You Want to Be an Individual Investor, You Have to Read this Book
Comment: Amateur investors have "numerous built-in advantages, which, if exploited, should result in outperforming the market and the experts."
Peter Lynch, America's number-one money manager of Fidelity's multibillion-dollar Magellan Fund, shows the layperson how to use what they already know to outperform the "experts" and to create investments on businesses that really matter.
Customer Rating:
Summary: One up Your Investment Knowledge
Comment: Peter Lynch wrote a classic with One Up on Wall Street. Peter Lynch was lead investment manager of the Magellan Fund, which is arguably the most successful large $ mutual fund in the US. He no longer manages the fund but in his book he lets us in on some of his secrets of choosing stocks.
His approach is rather simple. Buy stock in something that you know. As a consumer and a personal investor we have the ability to know products before anyone on the street knows about them. For example he got in on the stock Yum Brands because he bought a Taco Bell burrito years ago when it first came out. He believed that their set up and approach would work and so he put some money into the company.
His suggestions like listening to things Oprah likes are great simple tips that a typical investor may not even realize we have more information on than wall street on a daily basis. His book is a read for all investor types from beginner to advanced. Enjoy!
Customer Rating: 
Summary: Kicking the Tires
Comment: I struggled with the 1st 74 pages or so, but after that this book is excellent. There is a section he titles Kicking the Tires, in short he goes over how to evaluate a company and to stay away from the 1-2 year fly away companies. I remember when everyone was selling Apple back in the day, Peter did the opposite and started gobbling up shares. As he somewhat states, the wheels on Apple were still good.
Customer Rating:
Summary: This book brought me to my senses.
Comment: I was going to do some online trading and bought this book too learn more about selecting stocks. Mr. Lynchs' statement that he considered himself successful if 6 out 10 stocks he selected increased in value changed my mind. I want to thank him for waking me up. I will stick to index funds and wish all the online traders the best of luck.
Customer Rating:
Summary: Not what I expected.
Comment: I thought this book was an abreviated version of the full book, however this book is actually a miniture ~2inch micro-pocket version of the full book. Text is full size, thus it only contains a very few high-level comments. I was hoping for a boiled-down version, but got mini-me.
THE NATIONAL BESTSELLING BOOK THAT EVERY INVESTOR SHOULD OWN Peter Lynch is America's number-one money manager. His mantra: Average investors can become experts in their own field and can pick winning stocks as effectively as Wall Street professionals by doing just a little research. Now, in a new introduction written specifically for this edition of One Up on Wall Street, Lynch gives his take on the incredible rise of Internet stocks, as well as a list of twenty winning companies of high-tech '90s. That many of these winners are low-tech supports his thesis that amateur investors can continue to reap exceptional rewards from mundane, easy-to-understand companies they encounter in their daily lives. Investment opportunities abound for the layperson, Lynch says. By simply observing business developments and taking notice of your immediate world -- from the mall to the workplace -- you can discover potentially successful companies before professional analysts do. This jump on the experts is what produces "tenbaggers," the stocks that appreciate tenfold or more and turn an average stock portfolio into a star performer. The former star manager of Fidelity's multibillion-dollar Magellan Fund, Lynch reveals how he achieved his spectacular record. Writing with John Rothchild, Lynch offers easy-to-follow directions for sorting out the long shots from the no shots by reviewing a company's financial statements and by identifying which numbers really count. He explains how to stalk tenbaggers and lays out the guidelines for investing in cyclical, turnaround, and fast-growing companies. Lynch promises that if you ignore the ups and downs of the market and the endless speculation about interest rates, in the long term (anywhere from five to fifteen years) your portfolio will reward you. This advice has proved to be timeless and has made One Up on Wall Street a number-one bestseller. And now this classic is as valuable in the new millennium as ever.
|
