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If you want to know how to invest in the Stock Market, not just gamble, this is a must have. These principles are not flashpan trends but fundamentals as valid today as in the 30's and 40's.
This is a great book. It is amazing what one can find out by talking with industry experts, competitors, salesmen, managers, and many other industry participants. For me, personally, scuttlebutt revolutionized my way of investing. Small-cap companies are not followed as closely as the big blue chip companies, and I found it essential to use the scuttlebutt approach to assess the strengths and weaknesses of individual companies. This book teaches readers how to evaluate companies on a qualitative basis versus quantitative.- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market. Learn how to invest your money, how to pick stocks, and how to make money in the stock market
This is a great book. It is amazing what one can find out by talking with industry experts, competitors, salesmen, managers, and many other industry participants. For me, personally, scuttlebutt revolutionized my way of investing. Small-cap companies are not followed as closely as the big blue chip companies, and I found it essential to use the scuttlebutt approach to assess the strengths and weaknesses of individual companies. This book teaches readers how to evaluate companies on a qualitative basis versus quantitative.- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market. Learn how to invest your money, how to pick stocks, and how to make money in the stock market
This book served me well from the early 1960s until now. It stood out from the other financial books then and does today. Lawrence Wegeman, Jr.
He gives clear advice of the matters to be addressed. You love to communicate and hate balance sheets: then this book is for you. Actually doing it is work, a lot of work.General advice is given also. The Theme of "Common Stocks" is: How to pick low risk, high potential growth stocks by thoroughly talking to people (scuttlebutt). Typical conversational partners are customers, employees, suppliers, top management. Like the dangers of so called safe investments. You get three different books written at different times: (1) "Common Stocks and Uncommon Profits" (145 pages)(2) "Conservative Investors Sleep Well" (50 pages)(3) "Developing an Investment Philosophy" (57 pages)Also the introduction of his son Kenneth Fisher is of considerable size (23+27 pages).If you are interested in biographies or in financial history you also find a lot of interest.In total a very useful and entertaining book and a totally different and complementary approach to value investing then the great Security Analysis: The Classic 1934 Edition.
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