Customer Reviews

The Neatest Little Guide to Stock Market Investing

5 star:		(44)
4 star:		(1)
3 star:		(0)
2 star:		(0)
1 star:		(2)

 

 

Kelly has put together an excellent book here. In 7 chapters, he covers a breadth of knowledge that every serious or potential stock investor should be familiar with. I learned more in the week I spent reading this book, than in 6 months of listening to tips from co-workers, on-line discussions, and self-directed research.

In chapter 1, he defines all the terminology you'll encounter in stocks. In a very readable manner, he quickly covers EPS, P/E, PSR, ROE, Beta, and numerous other concepts that are useful.

In chapter 2, he describes the methods of 6 all-time top investors (including: Buffett, Lynch, O'Neil, etc.) comparing and contrasting there methods.

In chapter 3, he explores what some historic evaluations of stock growth show. This is great stuff, especially during a down market.

In chapter 4, he explains in detail the Dow Dividend Strategy. Anyone can understand this and with only 30 minutes of work per year have a relatively successful investment plan.

In chapter 5, he covers the process of choosing a broker and placing orders.

In chapter 6, he covers some of the many methods you can use to research stocks. With a ton of web-sites, newsletters, and books, Kelly's advice can save you countless hours wasting time looking for information from the wrong source.

In chapter 7, he explains his own strategy. With easy to understand worksheets and using the knowledge gained earlier in the book, he guides you into an investment plan that will suit you.

Not only is this book full of good information, but it's written in a very readable manner. I highly recommend reading this book BEFORE making another investment decision. Even if you have a broker that you like, you owe it to yourself to educate yourself with this book.

If you've never read a book about investing in the stock market, this is a great book to start with. Having read many of the authors that Jason cites, I found his distillation of their concepts quite good. Jason first teaches one how to evaluate stocks, and then what the Master Investors (e.g., Buffett, Fisher) can teach us about investing and stock selection. Jason also focuses on a book entitled "What Works on Wall Street." This book by James O'Shaughessy revolves around his study of 43 years of results from 1952-1995 contained in Standard & Poor's Compustat database. Jason's book ends with chapters to help you set up your own core portfolio utilizing the methodology he has set forth.

Bottom line: if you're looking for a thorough discussion of the Capital Asset Pricing Model or the Equity Premium, then I would look at more academic texts, but if you want a clear, user-friendly, well-researched discussion of the stock market, I would buy this book. The average 5 star review from 25 people (as of this review) is substantial evidence to this book's value.

I can't write enough about this book. It covers so much in such a tiny amount of space that I found myself flipping back through the pages just to see how I learned it all. The word economy here is unbelievable. It teaches much more than books three times its length. The truly magical part about Kelly's writing is that it never gets boring. It's funny, instructive, convincing, and thorough. This book will not only get you ready to make big money in stocks, it will teach you how to write well. The part I enjoyed most was the section about market volatility. Kelly tells the story of Intel in 1994 when its chip failed certain math calculations. He showed how foolish investors abandoned the stock when nothing fundamental had changed. In the end, they needlessly lost money. You will never lose money after reading this book. Instead, you'll understand how to use fluctuations to your advantage and always come out ahead. This should be the first investment book on anybody's list and should be re-read every year. As you can tell by now, I loved this book!

When I first started in an investment club this was the singlemost helpful book I found. Kelly does a wonderful job of explaining various popular approaches to investing, however, I found the last section of his book to be a gold mine. I had a basic question: "When I look at ROA, ROE, Book Value, etc. is a higher number or a lower number better?" Jason Kelly tells you! Not only does he tell you but he also tells you what this means in terms of your investment approach - growth or value. This is a wonderful beginner's book. I have recommended it to everyone in my investment club. I keep coming back to it again and again. I highly recommend this book.

I just finished this book and I have to say that it is the single best book to buy for a beginner to intermediate investor. It covers all the essentials, and I think that if I could choose one book about investing to recommend to friends to start with, this would definitely be it.

I'm a high school student and I always had an interest in the stock market, but it always seemed too dull and complicated to get involved in. Jason Kelly opened my eyes to world of Wall Street. I took the book out of the library and kept it for weeks. I've got to buy the book now because I can't keep renewing it. Kelly writes in a conversational style that always kept me wanted to read more. He covers all aspects of investing and even includes tips from the professionals like William O'Neil and Warren Buffett. His writing is light hearted and the little cartoons help to keep it simple and understandable. I started investing because of Kelly and his strategies have led me on a successful path so far. I recommend this book to anyone interested in investing in the stock market. It is informative, interesting and never too complicated. Definitley buy this one today!

As a rule I don't get excited about stock books anymore, but this one broke the rule. Not since first reading Graham have I felt so taken by the hand and shown how the market really works. Kelly is a masterful writer, moving easily from funny examples to hard-edged streetsmarts. The Mister Magazine story made all the sense in the world without getting boring or patronizing like the dummies and idiots books. If you don't know what the Mister Magazine story is, don't worry, you will after reading the book.

I love this book. It's the best one I have found for getting started in what has been the most profitable endeavor of the past decade. It not only taught me about everything from big Dow companies to small Internet startups, it made me laugh! This is pure artistry in a business book, something you don't run across everyday.

I am a very novice investor and have taken classes in investing...I love this book...it has become my investing bible...it is very easy to understand, covers areas thoroughly, and puts the whole thing together for those of us who need to see how things are related...I also love the small size, it makes it easy to cart around! (And, I cart it everywhere!!)

This book is definately for the people who do not know the first thing about investing in stocks. From the 1st page to the last, the author gives you a powerful insight into the investment world. I can't believe that I actually understand the ins-and-outs of stocks after reading this book. The author gives you real world examples and detailed information on the scary terms associated with the stock world. From Dow Jones, S&P 500, to P/E, Ratios, and so on. If you don't buy any other book, buy this one!