📊 Invest Smarter, Not Harder!
One Up On Wall Street offers readers a unique perspective on investing, emphasizing the importance of leveraging personal knowledge and insights to make informed financial decisions. Written by renowned investor Peter Lynch, this book provides practical strategies and timeless wisdom for navigating the stock market.
I**O
Novedoso y educativo
De los mejores libros para buscar ideas en que invertir, como seleccionar y encontrar los mejores negocios del mundo de manera sencilla y cotidiana. El genio de Lynch te comparte su filosofía de inversión simple y eficaz.
C**Y
Another one! - DJ Khaled
The phrase from the fabled DJ Khaled “Another one” sums it up perfectly. Peter Lynch executes precisely on communicating some fundamentals of stock analysis with examples of charts along with balanced sheets coupled with some of his own real life examples. He also provides some theories of investment psychology.
A**R
Best Investing book of all time
The 1% of people who don't like this book consist of 1. Some printing problems. 2 The majority don't like the book because it is too "outdated, not current information, won't work today." Blasphemy! "This time it's different," the most dangerous words in investing.I am 40 years as an investor and advisor. This book is the most accessible, very fun to read, more-so if you golf. I use his original formulas as do many hundreds of money managers. He is a national treasure.Those 1% are mostly new investors that are "mistaking a bull market for brains," as Buffett says. They fancy themselves as "traders." They will change, or fail. They want to know where technical analysis is in the book. Well, Lynch has a famous quote about that. It doesn't work. The proof is that of 10's of thousand of managed funds, not one uses technical analysis day to day for choosing stock. Technical Analysis is for magical thinkers and pattern seekers. Buy it! You will make money and have fun doing it.
M**G
Good for a historical perspective
This is a good read for beginner and experienced investors because it gives you a historical perspective of the stock market and sets a good ground work for diving deeper into learning about investing. The main issue here is the fact that the book was written in 1989 which makes it somewhat irrelevant to today's market in certain instances. There is a new foreword written in the late 90s but it's still a far cry from being an in depth look at modern markets.The good news is that most of the advice in the book is relatively timeless and can still be applied to stock analysis today. The first part of the book goes into detail about Lynch's investing career and his best and worst stock moves. The idea behind this is interesting but it didn't work for me sometimes in execution. It's quite easy to look back at an investment five years later and say this is why it was a good or bad idea in hindsight but it doesn't tell us much about what we can do to make sure we're making the right choices in the future. Still this part of the book is good because it gives you a good look at how people reacted to stock market news back in the 80s and it's quite similar to how the markets react to news now. It was interesting to read about the paranoia around stock market crashes and how expensive securities were thought to be back and how that compares to current market conditions.The second part of the book goes into more detail on Lynch's personal investing philosophy which is relatively simple but a good start for someone new to investing. It's a relatively easy process to follow and it all makes sense and can certainly give individual investors a slight advantage over those who don't do the same type of research but for me this book was just a starting point and that's what makes it good. It's a good introduction to investing - giving historical insights to the market conditions in the 80s and 90s as well as a way for individual investors to evaluate the prospects of a stock.I'm not sure I cared for all the analysis of Lynch's personal trades as I feel like they were cherry picked to look good or bad in hindsight but I don't see how that adds any value to the individual investors as they naturally weren't so obvious when the investments were made or Lynch wouldn't have made them. The type of 'of course stock A went down 50% because of A,B,C now that I look back on it' and 'of course stock B was a good investment and went up 5x because of D,E,F' just didn't work for me because it felt like fluff to pad the length of the book. Still, I think learning about the viewpoints others had about the market in the 90s and how it mirrors how we look at our markets now was interesting and the investing theory presented in the 2nd part of the book had value too.
W**D
Fun and extremely insightful read!
My views and some myths on the stock market and how to go about trading have been transformed. Awesome read!
K**R
its good but its an old era
Its good read, to feel that era. But in modern times its not so relevant, maybe only 50% relevant. But its ok, abit long winded, just scan through. Many if the companies he mentioned are probably non existent
D**E
great book
Really great book to kickstart your journey as an investor and really this book is easy to absorb and I am glad to know about this book
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