The Disciplined Investor: Essential Strategies for Success [Paperback]

Andrew Horowitz (Author), Harry S. Dent Jr. (Foreword)

Book Description

Publication Date: November 15, 2007

Reviews and Praise

In this book, Andrew Horowitz offers sensible, no-nonsense advice to new investors..."— Harry S. Dent, Jr., author of The Next Great Bubble Boom

Andrew is a skilled planner and financial ally to any investor..." —Jeff Zbar, Business Columnist, South Florida Sun-Sentinel

Andrew Horowitz has written The Disciplined Investor as a guide to help all levels of investors in the process of maximizing their hope for success... —Art Sbarsky, Lifestyle Magazines

"...an excellent read for anyone who wants to take control of their financial situation. Horowitz's book provides insights, even to seasoned investors. It is also a great how-to guide for MSN MoneyCentral." —Angelo C. Malahias, Former President, Andrx Corporation

The Disciplined Investor is a must have for anyone who wants to make smart lucrative investments. It is the definitive guide to all things financial..." —Michael Brauser, Owner, Marlin Capital Partners

About The Book

Current financial trends indicate that within the next three to six years global markets could face another significant plunge similar to the market crashes of 1987 and 2000. Securing financial investments now can help to avoid potential problems later. The best defense is to effectively learn how to profit from such investments while at the same time protecting them from market fluctuations. The Disciplined Investor focuses on this goal while demystifying the often-complex world of investment planning. With proven strategies and easy-to-follow instructions, it is the only guide you will need for investment success.

This book will help you:
1) Eliminate emotions from your investment decisions
2) Find out how to match your investment strategy to your risk tolerance
3) Learn why asset allocation is so important when creating an investment portfolio
4) Discover tools for enhancing your portfolio's performance
5) Understand options strategies, diversification and other professional tools

Whether you are new to investing and don t know where to start, or are a seasoned investor and want to protect your portfolio while profiting from it, this book is for you.

Editorial Reviews

Review

"Andrew Horowitz offers sensible, no-nonsense advice to new investors. The financial markets can be extraordinarily rewarding to those with discipline and a sound, long-term financial plan. Having discipline means separating the trend from the noise and positioning yourself accordingly." --Harry S. Dent, Jr. Author of The Next Great Bubble Boom

Andrew is a skilled planner and financial ally to any investor...The Disciplined Investor puts Andrew s thoughts and sage wisdom into writing...For investors on the go, this can be a powerful and lucrative combination. --Jeff Zbar, Business Columnist, South Florida Sun-Sentinel

The Disciplined Investor is an excellent read for anyone who wants to take control of their financial situation. Horowitz s book provides insights, even to seasoned investors. It is also a great how-to guide for MSN MoneyCentral. Horowitz's ability to succinctly and clearly explain a wide range of investing concepts is the result of his years of hands on experience and displays his deep understanding of investing in ever-changing markets. --Angelo C. Malahias, Former President, Andrx Corporation

About the Author

Nationally noted Certified Financial Planner and Investment Advisor Andrew Horowitz is the founder and president of Horowitz & Company. With over 20 years' experience in the industry he has been featured in top media outlets such as Bloomberg Television, Net Financial News, Marketwatch.com as well as major print publications including Barron's and The New York Times. Andrew is also the former host of the The Money Doctor and currently hosts the top rated and iTunes featured podcast, The Disciplined Investor.

Product Details

• Paperback: 248 pages
• Publisher: HFactor Publishing; 2nd edition (November 15, 2007)
• Language: English
• ISBN-10: 0978708377
• ISBN-13: 978-0978708375
• Product Dimensions: 8.4 x 5.5 x 0.7 inches
• Shipping Weight: 12.3 ounces
• Average Customer Review: 4.4 out of 5 stars  See all reviews (38 customer reviews)
• Amazon Best Sellers Rank: #787,037 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

46 of 47 people found the following review helpful:

3.0 out of 5 stars overrated and overhyped, April 27, 2008

By 

J. A. Dornisch "Devil Futility" - See all my reviews
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This review is from: The Disciplined Investor: Essential Strategies for Success (Paperback)

The reviews here are overwhelmingly positive and I don't think the book was awful. I just don't think it was that great. When I heard the ads on his podcast and the way he talked about the book. I was sort of expecting some kind of compendium of investing knowledge. It's partially my fault for not observing how short the book was before I ordered it - and the book is very short. Faster readers can easily devour it a single sitting. Also, if you are an 'intermediate' level investor the book probably won't be that helpful, although it will probably cover a few things you don't know. My complaint is that the coverage of each topic is rather terse, and you will feel like you need to read another book on the topic at hand before you can apply any of it. For example, the chapter on quantitative boils down to demonstrating how to run some screens. I am quite certain that quantitative investing gurus use a wide variety of mathematical techniques other than running screens. The coverage of technical and fundamental analysis is equally weak.

At best this book provides a simple and brief coverage about most of the major topics you should probably be aware of as an investor.

At worst this book totally fails to really teach you risk mitigation which the author claims that it does. He does mention how you might use options to limit your downside, but this really does not make for a sell side strategy, or much of a strategy for protecting your gains or limiting your losses.

This book is a really good book for a novice investor just starting to learn about the stock market. This book is a lousy book for an intermediate investor who wants to better his risk mitigation acumen.

8 of 8 people found the following review helpful:

4.0 out of 5 stars Solid foundation to build one's investment knowledge upon, May 23, 2008

By 

Jonathan Lawson "Snowpro" (Breckenridge, CO) - See all my reviews
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This review is from: The Disciplined Investor: Essential Strategies for Success (Paperback)

I have been listening to Mr. Horowitz through his website and podcast. I was looking for one new idea. Being well versed in a number of areas of finance, investment, and trading, I ordered the book.

It delivered on a number of fronts. While not being in-depth on any one subject, it offered a good foundation to base further learning.

Basic Quantitative stock screening, and where the investor/trader can get a robust screener at no charge.

Financial definitions and application of those definitions i.e. GARP, PEG ratios, GICS,

Basic Technical Analysis - When the investor looks at a stock/index chart what does he or she see. The basics of trending, breakouts, and basic patterns are addressed. This is not a technical analysis book, again it is a basics book. If the reader would like that, there are a number of great in-depth volumes on the subject.

Basic Fundamental stock review - Reviewing the Balance Sheet, Price-to-Book and Debt to Equity Ratios are addressed.


Risk Management - As a professional trader, I see this as the most over looked aspect of investing for most people looking to invest.

Options- a basic overview of what an option is, and how it works. It is not a lottery ticket, it is a risk management tool. The book offers a few basic strategies for their use.

Mutual Fund - Overview of performance, expense ratios, and how to sort between the thousands of mutual funds.

This is a book I would feel comfortable giving to my mother, children, or friend looking to learn more regarding a variety financial topics. It covers many topics, and the unassuming 232 pages makes it an easy, non-intimidating read.

Lastly, it is a nice introduction to any of the topics the reader would like to explore further.

3 of 3 people found the following review helpful:

4.0 out of 5 stars Good, Timely Strategies & Tactics from a Well-informed Expert, November 11, 2008

By 

H. Fawaz "TheMoneyGeek" (Franklin, TN) - See all my reviews
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This review is from: The Disciplined Investor: Essential Strategies for Success (Paperback)

As a financial planner myself, I was a bit skeptical about Mr. Horowitz's methodologies, but I must say that given the current market conditions and the totally changed investing landscape, the buy and hold approach of yesterday no longer applies. Tactical moves in an ever volatile market with the disciplined approach that Mr. Horowitz's espouses can be just the thing to balance the playing field. Through listening to his podcast and now reading his book, I can heartily recommend this well written and detailed approach to investing. It's not for the faint of heart though, as option strategies and other sophisticated tools can be overwhelming for those not committed to taking the time to really understand the material. If you are, then this book can be just what you need to get going and better understand how to handle the investing landscape.