Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.
To get the free app, enter your email address or mobile phone number.
How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition Paperback – May 18, 2009
|New from||Used from|
The Amazon Book Review
Discover what to read next through the Amazon Book Review. Learn more.
Frequently Bought Together
Customers Who Bought This Item Also Bought
About the Author
If you buy a new print edition of this book (or purchased one in the past), you can buy the Kindle edition for only $2.99 (Save 73%). Print edition purchase must be sold by Amazon. Learn more.
For thousands of qualifying books, your past, present, and future print-edition purchases now lets you buy the Kindle edition for $2.99 or less. (Textbooks available for $9.99 or less.)
Top Customer Reviews
This book is a guide to understand how the Stock Market really works. William O'Neil perfected his CAN-SLIM method in the 1960's to make himself a multi-millionaire. He felt that his investment system was something most people could learn so he launched a newspaper in 1984 called Investment Business Daily (IBD) to teach small investors how to invest well and increase their net worth significantly.
During the go-go Bull market years of the 1990's IBD reached a subscription level of over 300,000 subscribers and competed head-on the the venerable and established Wall Street Journal (WSJ). I am convinced IBD is the superior newspaper because it specifically teaches the small investor how to outperform Mutual Funds by using the small investor's main advantage - the ability to get in and out of the market quickly. This advantage when properly used allows the small investor to avoid the major damage of a huge Bear market downturn such as in the case of 2001-2002 and also in 2008. Mutual Funds being so heavily invested with billions of dollars of stocks are not so nimble; consequently they usually take heavy losses during large market downturns such as in 2008.
His system is called CAN-SLIM. It is a complex set of rules; so allow yourself two years to learn the basics. You will have to master the reading of technical charts and understand fundamentals of various companies.Read more ›
By William L. Lyman "FreeMarket" (ATLANTA, GA USA) - See all my reviews
The CANSLIM stock investing methodology outlined in "How to Make Money in Stocks" is a time tested method that incorporates how the equity (stock) market(s) really work - for the passive, minority, outside investor. It is a 80/20 approach (with William O'Neil's approach, proprietary metrics and tools you can achieve 80% of the success with 20% of the effort) and explicitly rides the coattails of the market (read and react - don't fight/argue with the market). This system *IS* designed for the individual investor and small professional investor - I'm not sure it would scale for $250 million portfolios and above (but I'm not sure that it wouldn't either).
CANSLIM is part fundamental (here earnings growth is the primary focus), part structural, part timing/technical and part money/risk management (this part is **crucial** to investment success). The vast amount of other investing books will typically provide only a screening/selection approach, but "How to Make Money in Stocks" provides a comprehensive investment approach including stock selection, portfolio composition, selling criteria and money/risk management.
In short - buy stocks that have a reason to go up (a new product/management catalyst, a leading stock in one of the top 20% of the 196 IBD industry groups, strong earnings growth (>25%), solid Return on Equity (> 17%), reasonable leverage, etc.Read more ›
Most Recent Customer Reviews
I hate to say this, but to me personally this was a waste of money. I could not read more than 15-20 pages. Read morePublished 2 days ago by Nameless
Wonderful insight on getting an individual investor started and for investors who steer away from important fundamentals needed to be successful in the marketPublished 1 month ago by Amazon Customer
A classic! Still the best trading advice around and a starting place for those who want to increase their wealth.Published 1 month ago by Amazon Customer
Essentially the worst investment book I have read. Trash!! save your money and invested in something worthwhile.Published 1 month ago by Christian G.
When I first came across the first edition of this book, I had just started working for a trading firm. Read morePublished 2 months ago by Azumi.H
Well, maybe 20 years ago or even 10 this would be relevant. Good book I suppose.. I need a miraclePublished 2 months ago by Barbara Rocks