The Neatest Little Guide to Stock Market Investing and over one million other books are available for Amazon Kindle. Learn more
Buy New
$8.98
Qty:1
  • List Price: $16.00
  • Save: $7.02 (44%)
FREE Shipping on orders over $35.
In Stock.
Ships from and sold by Amazon.com.
Gift-wrap available.
Have one to sell? Sell on Amazon
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more
See all 2 images

The Neatest Little Guide to Stock Market Investing: Fifth Edition Paperback – December 24, 2012

ISBN-13: 978-0452298620 ISBN-10: 0452298628 Edition: 4 Revised

Buy New
Price: $8.98
30 New from $7.60 21 Used from $8.99
Amazon Price New from Used from
Kindle
"Please retry"
Paperback
"Please retry"
$8.98
$7.60 $8.99
Free Two-Day Shipping for College Students with Amazon Student Free%20Two-Day%20Shipping%20for%20College%20Students%20with%20Amazon%20Student


Frequently Bought Together

The Neatest Little Guide to Stock Market Investing: Fifth Edition + A Beginner's Guide to Investing: How to Grow Your Money the Smart and Easy Way + The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) (Collins Business Essentials)
Price for all three: $29.17

Buy the selected items together
NO_CONTENT_IN_FEATURE

Image
Looking for the Audiobook Edition?
Tell us that you'd like this title to be produced as an audiobook, and we'll alert our colleagues at Audible.com. If you are the author or rights holder, let Audible help you produce the audiobook: Learn more at ACX.com.

Product Details

  • Series: Neatest Little Guide to Stock Market Investing
  • Paperback: 336 pages
  • Publisher: Plume; 4 Revised edition (December 24, 2012)
  • Language: English
  • ISBN-10: 0452298628
  • ISBN-13: 978-0452298620
  • Product Dimensions: 5.4 x 0.8 x 8 inches
  • Shipping Weight: 8.8 ounces (View shipping rates and policies)
  • Average Customer Review: 4.7 out of 5 stars  See all reviews (140 customer reviews)
  • Amazon Best Sellers Rank: #3,905 in Books (See Top 100 in Books)

Editorial Reviews

Review

"Jason Kelly captured my investment methods well, and better than most who have tried to describe what I do."
(Bill Miller, Former Chairman & Chief Investment Officer, Legg Mason Capital)

More About the Author

Jason Kelly is the author, most recently, of "The 3% Signal" (known popularly as 3Sig), which introduced the technique that pushed dollar-cost averaging aside as the stock market's best practice. His nine other books include "The Neatest Little Guide to Stock Market Investing," a BusinessWeek best seller now in its fifth edition; and its companion volume, "Stock Market Contest."

Every Sunday morning he sends out The Kelly Letter, one of the only noise-free investment advisories on the market. It highlights the latest coin-flip forecasts being foisted on the unsuspecting by "z-vals," a shorthand introduced in 3Sig for zero-validity pundits, proven to be wrong half the time but still blathering on a regular basis. The letter also runs the original 3 percent signal plan and two permutations, providing subscribers with a clear (and usually humorous) look at financial markets. Yes, 3Sig is still running circles around the z-vals with just a single quarterly rebalance to its famous signal line, no forecasting required -- or desired.

He graduated from the University of Colorado in 1993 with a BA in English, but not before a professor told him that he would never succeed as an author because he "lacked a basic command of the English language." Luckily, IBM disagreed and hired Jason as a technical writer at its Silicon Valley Laboratory in San Jose, California. Once income from his freelance writing matched his income from IBM, Jason left corporate life to become a full-time freelance writer. About IBM hiring him for the only "real" job he's ever had, Jason wrote in his book "Financially Stupid People," "I keep a special smile for Big Blue because of that break. It was the only company that believed in me. I never knew the meaning of the term 'competing offer.'"

One of Jason's Japanese publishers, Shueisha, brought him to Tokyo on book tour in 1999. He took that opportunity to visit his old high school exchange student friend, and wrote a funny article about the experience. That article remains one of Jason's most widely read. It's still on his site, at http://is.gd/cLe5V. Japan went straight to Jason's heart, and he decided to live there. He rented out his home in California and moved to Sano, Japan in 2002 for what he thought was going to be a one-year stay. This many years later, he still lives and works there.

After the March 2011 earthquake and tsunami, he founded Socks for Japan, a volunteer organization that hand-delivered 160,000 care packages from around the world to survivors. See photos and read reports about the effort at socksforjapan.com.

In addition to writing new books and The Kelly Letter, he's also the angel investor in Red Frog Coffee in Longmont, Colorado, a delightful shop managed by his sister and business partner, Emily. He divides his time between Japan and his cabin in the Rocky Mountains.

Learn all you could ever want to know about Jason at jasonkelly.com/about.

Customer Reviews

I would highly recommend this book for a beginner.
Washington Flyer
Jason does an excellent job in this book explaining theories and concepts that can be very difficult in a simplified and easy to understand way.
Chris McKee
I first bought the 2007 edition of this book when it was released for Kindle.
John Smith

Most Helpful Customer Reviews

126 of 133 people found the following review helpful By Scott W. McMurray II on January 22, 2013
Format: Paperback
This is a great first book for the diligent investor. By diligent, I mean a person that actually wants to do the footwork involved with learning how to invest on his or her own and wants to be able to speak the language of the stock market. For the person who is not willing, or simply not interested, in putting in all the work involved in learning how to invest, there are other options out there that may be better, such as financial advisors (if you want the hand-holding and/or don't mind spending more on commissions for the advice) and ETFs (exchange traded funds, which if picked right simply move in tandem with the market). However, even the passive investor could learn a lot from reading or even just skimming through this book.

Kelly begins at square 1 by describing what the stock market even is, and how it functions. He discusses very basic things, such as the difference between a full-service and a self-service broker, and the way that stocks get listed on the exchanges in the first place. His tone and style are welcomed, as he neither presumes that you know anything prior to reading, nor is he paternalistic or presuming that you are incompetent.

Unique to many books, Kelly sums up the philosophy of some of the tried and true "master" investors. His list includes Ben Graham, Phil Fisher, Warren Buffett, Peter Lynch, Will O'Neill, and Bill Miller. By examining multiple investors in the way he does, Kelly truly shows that there is more than one way to successfully invest in the stock market. Graham is the model value investor, focusing on stocks that are undervalued. Phil Fisher is a growth investor, focusing on superior companies that he expects will keep growing.
Read more ›
6 Comments Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
41 of 42 people found the following review helpful By Chris McKee on January 15, 2013
Format: Paperback Verified Purchase
I started reading Jason Kelly with his 2012 Edition of this book about a year ago. At that time I had no real experience with investing but wanted to learn. This book was a springboard for me into the world of investing and personal wealth management. Jason does an excellent job in this book explaining theories and concepts that can be very difficult in a simplified and easy to understand way. I wish my college finance & accounting professors were as skilled as Jason.

The book begins where it should, at the beginning. It assumes the audience knows nothing about stocks and how the stock market works. It proceeds to discuss the various metrics investors use to analyze companies, how those values are derived, and why they are relevant. Next Jason discussed the great investors in recent history, how they came to be so successful and what you and I can learn from their strategies. Finally, after giving the reader a base of knowledge and background Jason lays out his strategy for success and why it works. Along the way, the book is sprinkled with great resources and references that have been invaluable to me.

Since reading the 2012 Edition of this book I have been a religious reader of Jason's newsletter found at JasonKelly.com and I look forward to it each Sunday morning with my coffee. I cannot wait to get my 2013 Edition in the mail and look forward to the updated material. Finally, I can personally attest to the Jason's strategies as I have had excellent success in the markets over the last year and greatly outperformed the S&P 500.

My two cents.
1 Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
45 of 49 people found the following review helpful By Modern Rosie on March 25, 2013
Format: Paperback Verified Purchase
I liked:

- Kelly provides a great system for categorizing and evaluating individual stocks.
- He provides the novice with plain explanations for terms and measurements that they may not have been familiar with.
- He provides references for all recommended research and describes how to find them.
- His writing style is easy to follow and occasionally humorous.

I didn't like:
- Kelly does not address taxes on gains. He provides several strategies that require selling shares on frequent occasions and compares return rates without considering the effect of taxes on those gains. Other investment advice I have read recommends not actively trading stock in this fashion because it is highly unlikely that you will keep up with the market due to your losses from taxes, timing errors, and commissions. I would like to see Kelly address this oversight in the next edition.
1 Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
27 of 28 people found the following review helpful By Arizona4Runner on September 17, 2013
Format: Paperback
I bought this book because I wanted take a more active role in managing my retirement investments. As a point of reference, I have been investing in mutual funds for the past 10 years or so, mostly because I like the "set it and forget it" aspect of it. A few times per year I take inventory and see how my funds are performing - maybe may a few adjustments and rebalance - but that's basically it. I have an MBA (for whatever that's worth these days) so I am able to navigate a company's financial statements without too much stumbling.

In making my decision in taking a more active role in my investing, I wanted to knock the dust of my financial and market knowledge (I don't use it much in my day-to-day job) and get a better understanding of what financial indicators made for good investment targets. This book did the job perfectly.

For a first-time investor, this book provides an easy to understand basis of financial analysis. It also discusses several investment strategies that are not the "get rich quick" strategies I have seen in other publications. Most of the strategies revolve around analyzing a few indicators to create a target set of companies, doing extensive research on those companies, then investing and holding on to the stock.

DISCLAIMER: If you have a financial background and are looking for a book on advanced trading schemes and options, this isn't the book for you. Don't go bashing this book for what it is - a basic understanding of how to invest in the stock market.
1 Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again