Customer Reviews

One Up On Wall Street

5 star:		(37)
4 star:		(7)
3 star:		(3)
2 star:		(0)
1 star:		(0)

 

 

We really do know more than we think about investing. This book shows you how to apply your knowledge to make good investments.

But, like many people, I didn't have spare money to make investments with.

So I also recommend the book, SIMPLE MONEY SOLUTIONS, because it showed me and my kids how to "free up cash" every month without feeling deprived.

I highly recommend both books!

This is the sixth book I have read on investment in one year. Along with "A random walk down wall street" by Burton Malkiel it has bee the best and most informative. For a while I do not think I will read any investment books before I make sure I can follow Mr. lynch's SIMPLE AND PROFITABLE advice. His classification of stocks are great and his timing for buying and selling each of these classfication are also great (fast growers, slow growers, turnarounds, asset plays, cyclicals). His chapter "stocks I would avoid" is full of sincere warnings of foolish mistakes we make over and over. Add to this the introductory chapters where he explains why we should invest in what we already know makes this book a must read. It is amazing how many opportunities we all miss on stocks that are right in front of us, yet we ignore them and waste our time finding the hottest stocks when mostly these stocks are overly priced. Let me tell you about a small example of what I am talking about. I use Yahoo finance alot in my research almost on daily basis, but I never thought of knowing the company that provides it with all this wonderful information. And while once scrolling down the Yahoo page I read that Tibco Software provides it with the quote technology. (I remembered Lynch when he says that we spend most of our time trying to find the great stock when the great stock has been striving to find us). I rushed to check the stock out. Too bad it has already increased more than tenfold in a month time. GOOD LUCK TO ALL OF YOU WITH YOUR NEXT TEN BAGGERS.

Forget about those "Here-are-my-Wall-Street-secrets- that-will-make-you-a-millionaire" books. Peter Lynch takes all the "non" out of the "nonsense" about investing in stocks. For whoever you are, you're an expert in your field and you can beat Wall Street fund managers by following two simple Peter Lynch rules: "Invest in what you understand" and "Invest in companies you like". Not only will this be MOST SENSIBLE and USEFUL investment book you'll ever own, it'll also be the MOST FUN investment book you'll ever read. BUY THIS BOOK!

As an experienced investor who has read a lot of financial books, people often ask me what's the best book for learning how to invest in stocks. The answer: One Up On Wall Street. It's clear, engaging, smart, and geared to the beginner (there's plenty in here for experienced investors too). Follow its advice and it will be one of the better investments you'll ever make. Another excellent book that I've been recommending a lot lately is The Mindful Money Guide. The Mindful Money Guide supplements Lynch's book really well by offering a comphrensive and emminently sane approach to personal finance (stock investing is also covered). It too is well-written, wise, and fun to read.

Peter Lynch is definitely one of the great. He ran the Fidelity Magellan Fund for 10 years and produced an astounding 19-bagger or 1900% return. He will teach you his winning ways by showing you how he did it.

One of his best points in the book; you don't have to invest in crazy technology companies that you don't have any idea about what they make. "INVEST IN WHAT YOU KNOW".

One of his examples; his wife went to the mall and came home saying how neat a store called the Limited was. He did some research and decided it was a good company and bought it around $1 a share. The stock later turned into a 50-bagger as it jumped to $50 a share. Although the Wall Street analyst didn't even notice the stock until it was up to $25 a share.

This is a great book and easy to read for anyone. The book gives constant examples and not many formulas. The book is a must buy!

I was very impressed with this book - I initially bought it for my husband but after it arrived, I read the back cover and was engrossed.

I expected this book to be written in a way that people outside of the financial/brokerage industry would find hard to understand - and let me tell you - nothing could be farther from the truth. Lynch writes in a way that explains complicated subject, such as examining balance sheets and calculating different valuation ratios better than some business textbooks that I've read. (I often found myself thinking, "Oh, so THAT'S what Professor So-and-So meant when I couldn't understand that he/she was talking about!) He does in a way that teaches beginners-to-intermediates without condescension or derision. I found myself thinking that this guy could be anybody's neighbor that you would invite over for coffee.

The book is an exemplary view of the inner workings of being a successful investor, with interesting stories as well.

This is an excellent book, written by perhaps the greatest fund manager ever. It is simple to follow for the investing novice, yet offers deep insight for those more knowledgable on the topic. In addition, it is well written and an entertaining story to read. It would be worth reading just for the story alone, but when you include the excellent investing insight, it is a must.

Mr. Lynch has shown us here how to invest (not trade) successfully, one can just use common sense. For example observe people in the malls: What store do they walk in most? Where are most of the crowd headed? Take note of the stores/businesses. Ask your wife/husband what their friends buy, where do they shop at? What products are they talking about at your husband/wife/children's work/party? These are all clues as to what business is selling more and will have a greater earnings for the upcoming year. Watch the competitors, who are they and are they selling more?

Basically by applying all the basic observations in the daily life of a business and *networking* information from family/friends, once can spot the "10-baggers" (a company whos's stock price will be 10 times higher in the future.)

It is written in a plain and non technical way for the general investor to understand what investing is all about. A very useful book.

Thanks Steve.

The book is a good read for beginners; shying away from schemes and focusing mainly on common sense. It's a bit dated though. Many of the companies he mentioned no longer exist and there is no mention of newer phonomenon such as on line trading and discounct brokers.. which are services even Fidelity offer now. Peter needs to drop by for dinner at my house.. and also write an updated version.

I used the methods in this book to pick stocks that have gone way up (and made some picks against the doctor's advice that I regret). Overall, the book is very readable and informative! The bible on investing, unless you count Beating The Street as volume two of the bible on investing.