Customer Reviews

Essential Stock Picking Strategies: What Works on Wall Street

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Kudos to Daniel Strachman on his second book, Essential Stock Picking Strategies! This book is both informative as well as entertaining. Mr. Strachman not only provides information on how the markets work, he also gives an introduction on how they began - giving the reader a sound understanding of AMEX, NYSE and NASDAQ. This book brings some of the most fascinating hedge fund and mutual fund managers to life including Bernie Horne, Scott Black and Marion Schultheis, one of Wall Street's leading women. Everyone who reads this book can greatly benefit by learning the methods, tactics and strategies that professional investment managers use to make money!

This is a book for the serious investors, the ones that have gone past the basics and want to dig into something more substantial. It describes the styles and strategies of some of the most consistent money managers in Wall Street - not the smartest or the outright kamikase, but the ones who are consistent in adding value to their clients' portifolios.

They were divided into two groups: Growth & Value and Sector Funds administrators, and the author portrays each manager's strategies in bull or bear markets.

I found the book very pleasant to read, because it not only doesn't overly rely on technical terms, but uses them only where needed, so you actually have the feeling you're chatting with the author.

In addition to that, I found that the strategies depicted in the book sharpen our own trading strategies, showing better (and sometimes different) ways to implement them, 'seasoning' the tools we use to manage our investment portfolios.

Finally a book explains how to invest assets without simply just listening to tips or surfing the net. This books spells out why long term investing is the only way to go and while people need to realize they can't do it all themselves.

I found this book extremely informative. I have implemented many of the strategies suggested in the book. I have done an ample amount of research on a variety of individuals, as suggested, and my portfolio reflects the changes I have implemented. I strongly recommend this for the novice and the advanced.

This book, written by a self-ordained "expert", reads like a dart-throwers guide to naivte. How he suckered notable financial columnists into favorable reviews bespeaks his apparent connections rather than reliable book advice. Each section of the book wreaks of pre-bubble advice best left to chat rooms and message board postings. For the sake of your children, do not buy this book.