or
Sign in to turn on 1-Click ordering.
 
 
Express Checkout with PayPhrase
What's this? | Create PayPhrase
More Buying Choices
43 used & new from $1.18
Have one to sell? Sell yours here
 
   
Beating the Dow (Revised and Updated)
 
 
Share your own customer images
Search inside this book
Tell the Publisher!
I’d like to read this book on Kindle

Don’t have a Kindle? Get your Kindle here.
 
  

Beating the Dow (Revised and Updated) (Paperback)

~ Michael B. O'higgins (Author), John Downes (Author) "In 1985 Texaco, America's third largest oil company, was ordered to pay Pennzoil Company a huge $10.3 billion judgment..." (more)
Key Phrases: portfolio planning worksheet, ten highest yielders, newspaper stock tables, Wall Street, New York, Shares Pref'd (more...)
4.2 out of 5 stars  See all reviews (20 customer reviews)
List Price: $15.00
Price: $12.75 & eligible for FREE Super Saver Shipping on orders over $25. Details
You Save: $2.25 (15%)
o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o o
In Stock.
Ships from and sold by Amazon.com. Gift-wrap available.

Want it delivered Tuesday, December 22? Choose One-Day Shipping at checkout. Details
Ordering for Christmas? To ensure delivery by December 24, choose Standard Shipping at checkout. Read more about holiday shipping.

20 new from $6.79 23 used from $1.18

Formats

Amazon Price New from Used from
  Hardcover, December 31, 1990 -- $1.95 $0.01
  Paperback, December 31, 1991 $11.90 $0.01 $0.01
  Paperback, March 22, 2000 $12.75 $6.79 $1.18
  Audio, Cassette, Abridged, Audiobook -- $2.89 $0.11

Frequently Bought Together

Customers buy this book with One Up On Wall Street : How To Use What You Already Know To Make Money In The Market by Peter Lynch

Beating the Dow (Revised and Updated) + One Up On Wall Street : How To Use What You Already Know To Make Money In The Market
Price For Both: $23.63

Show availability and shipping details

Customers Who Bought This Item Also Bought

Beating the Dow with Bonds : A High-Return, Low-Risk Strategy for Outperforming the Pros Even When Stocks Go South

Beating the Dow with Bonds : A High-Return, Low-Risk Strategy for Outperforming the Pros Even When Stocks Go South

by Michael O'Higgins
2.6 out of 5 stars (33) 
One Up On Wall Street : How To Use What You Already Know To Make Money In The Market

One Up On Wall Street : How To Use What You Already Know To Make Money In The Market

by Peter Lynch
4.1 out of 5 stars (184)  $10.88
Winning with the Dow's Losers: Beat the Market with Underdog Stocks

Winning with the Dow's Losers: Beat the Market with Underdog Stocks

by Charles B. Carlson
3.8 out of 5 stars (5)  $14.95
What Works on Wall Street : A Guide to the Best-Performing Investment Strategies of All Time

What Works on Wall Street : A Guide to the Best-Performing Investment Strategies of All Time

by James P. O'Shaughnessy
3.8 out of 5 stars (76)  $24.39
Common Stocks and Uncommon Profits and Other Writings (Wiley Investment Classics)

Common Stocks and Uncommon Profits and Other Writings (Wiley Investment Classics)

by Philip A. Fisher
4.4 out of 5 stars (60)  $13.57
› Explore similar items

Editorial Reviews

From Library Journal

Two contrasting investment methods are offered by these titles. O'Higgins, a 20-year veteran of Wall Street, espouses a system that limits the stock universe to the 30 stocks in the Dow Jones Industrial Average. He has followed this system as a successful money manager and states that respectable returns can be realized by selecting the highest yielding of the 30 Dow stocks. Unfortunately, most of the book is background and only a few chapters are devoted to the how-to part of the system. Purchase Geraldine Weiss and Janet Lowe's Dividends Don't Lie ( LJ 1/89) before this one. O'Neil is the founder and publisher of Investor's Daily. His investment approach emphasizes the quality of a company's earnings from quarter to quarter. Having sorted this out, the investor is then advised to find stocks that are performing well in strong industry groups. Frequent mention is made of the fact that only one investment newspaper provides the data needed to conveniently employ this system. Well written and to the point, this updated title should at least be in libraries that carry Investor's Daily .
- Joseph Barth, U.S. Military Acad. Lib., West Point, N.Y.
Copyright 1991 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.


Review

"By using this approach it is possible to be successful regardless of the direction the overall market takes." -- -- New York Times

"O'Higgins data are persuasive." -- -- Wall Street Journal
See all Editorial Reviews

Product Details

  • Paperback: 300 pages
  • Publisher: Harper Paperbacks; Rev Sub edition (March 22, 2000)
  • Language: English
  • ISBN-10: 0066620473
  • ISBN-13: 978-0066620473
  • Product Dimensions: 8 x 5.4 x 0.9 inches
  • Shipping Weight: 9.9 ounces (View shipping rates and policies)
  • Average Customer Review: 4.2 out of 5 stars  See all reviews (20 customer reviews)
  • Amazon.com Sales Rank: #115,599 in Books (See Bestsellers in Books)

    •  Would you like to update product info or give feedback on images?

More About the Author

Michael O'Higgins
Discover books, learn about writers, read author blogs, and more.

› Visit Amazon's Michael O'Higgins Page
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Search Inside This Book:
Inside This Book (learn more)
First Sentence:
In 1985 Texaco, America's third largest oil company, was ordered to pay Pennzoil Company a huge $10.3 billion judgment. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
portfolio planning worksheet, ten highest yielders, newspaper stock tables, cumulative total return, high yielder, percent total return, nifty fifty, ten stocks, tracking stock
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Wall Street, New York, Shares Pref'd, American Express, Home Depot, United States, Dow Jones Industrial Average, General Electric, General Motors, Philip Morris, International Paper, Value Line, American Can, Union Carbide, Jack Welch, United Technologies, North American, Standard Oil, Travelers Group, Eastman Kodak, Latin America, Business Week, Shares Com'n, Honeywell International, Justice Department
New!
Books on Related Topics | Concordance | Text Stats
Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Search Inside This Book:
Citations (learn more)
This book cites 20 books:
See all 20 books this book cites
 
19 books cite this book:
See all 19 books citing this book

Books on Related Topics (learn more)
 
 

Tags Customers Associate with This Product

 (What's this?)
Click on a tag to find related items, discussions, and people.
 
(1)

Your tags: Add your first tag
 
See most popular tags

Sell a Digital Version of This Book in the Kindle Store

If you are a publisher or author and hold the digital rights to a book, you can sell a digital version of it in our Kindle Store. Learn more
 

Customer Reviews

20 Reviews
5 star:
 (10)
4 star:
 (5)
3 star:
 (4)
2 star:
 (1)
1 star:    (0)
 
 
 
 
 
Average Customer Review
4.2 out of 5 stars (20 customer reviews)
 
 
 
 
Share your thoughts with other customers:
Most Helpful Customer Reviews

 
17 of 17 people found the following review helpful:
5.0 out of 5 stars The easiest no brain way to make money., April 22, 1999
By ashag@flash.net (Columbia, MD) - See all my reviews
This review is from: Beating the Dow, 1992: A High-Return, Low-Risk Method for Investing in the Dow Jones Industrial Stocks With As Little As $5,000 (Paperback)
This book is now quite dated as far as the discussion of the individual Dow stocks, but the principals are still the same. I have never lost money doing this formula ever. In fact, I now average about 27% over the past seven years with only looking at my portfolio once a year. I now buy this book for a lot of my friends who ask me about investing when they have no experience. Adam Shaughnessy ashag@flash.net
Comment Comment | Permalink | Was this review helpful to you? Yes No (Report this)



 
15 of 15 people found the following review helpful:
4.0 out of 5 stars Beating the Dow, Still an Unbeatable Read, December 21, 2001
By A Customer
Michael O'Higgin's investing classic holds up as well in the New Millenium as it did when it first hit book stands 10 years ago.

He maintains that it is still possible to beat the DOW by buying the 10 highest yielding stocks and tweaking your holdings each year, with correspondingly greater rates of return with a two- or five-stock selection from the group. O'Higgin's admits in the new eidtion that the strategy has been muddied by a drop in the relative importance of dividends as a part of total yield of the DOW. Dividends and payouts have lost lost out to stock buybacks, in part because dividends are taxed at a higher rate than long-term capital gains from stock sales. Changes in the DOW have also reduced the overall dividend payout. Of the most recent additions, Microsoft pays no dividend and Intel and Home Depot have nominal payouts. O'Higgin's strategy may also be less effective because it's simplicity and past returns attracted the attention of Wall Street money managers and of many, many individual investors. There is at least one web site devoted to the Dogs of the Dow and a number of similar investment strategies were profiled for several years on the Motley Fool website.

Nor is the most valuable part of O'Higgin's book his thumbnail sketches of other value strategies for beating the market with a basket of DOW stocks. Several seem downright ridiculous. I remain skeptical that investing based on presidential election cycles or end-of-year asset sales by fund managers can yield meaningful, long-term results for individual investors.

The value of this book is O'Higgin's championing of value investing in general and his highlighting of the resilience of the DOW stocks in markets bull and bear. Most people aren't professional investors and lack the time and resources to profit from a strategy of active trading. If the efficient markets guys are right, then buying all 30 DOW stocks and holding on long-term will beat returns of most professionally baskets of stocks, with less risk and less payouts for taxes and trading costs to boot. Or maybe buying the highest yielders in any given year and holding. Anyway, you get the picture.

Regardless of whether you think the high-yield 10 is still capable of outgaining the overall DOW, O'Higgin's book is, to me, as valuable in 2001 as it was when I first read it in 1993.

Comment Comment | Permalink | Was this review helpful to you? Yes No (Report this)



 
16 of 17 people found the following review helpful:
5.0 out of 5 stars Investing sensibly, October 24, 2000
By Jeremy (little north of golden gate bridge...) - See all my reviews
Some people might laugh at this book specially the brokers who make living by sucking the commision out of an average investor. What had happened in the NASDAQ in 1999 before the correction was absolutely mind blowing and this book might have looked like a bad joke i.e. advocating to invest in companies like International Paper! but now that the dotcoms are down the drain, the valuations are somewhat back on earth, the margin-debt bitten people are done crying, maybe it is time that us i.e. average investors read this book.

This book as the name says is all about investing in Dow companies, the giants of the US and global economy. The companies which I truly believe that world could come to an end but GE would still be there. The book covers all the Dow components individually along with their historical financial performance, weaknesses, strenghts and their power to stay in business by being profitable over years and years. There are many different 'low risk' investment strategies covered in this book such as 'High Yielding 5'. These are the 5 Dow stock that you pick annually based on the criteria described, HOLD it for 1 year, redo the math (barely any)and pick your 5 stocks again. You also sell some at this point that didn;t meet your criteria and pick the new ones to fill their spot.

Sounds simple, yes! and that's the way it should be. Not only you can ride out the swings of the stock market in this way but also save a ton on commisions, taxes and most importantly be less stressed.

If you read the Motley Fool, you'll notice some of their strategies are derived from O'Higgin's methods.

A must read for all investors, specially younger people like myself who want to start building the nest yesterday!

Comment Comment | Permalink | Was this review helpful to you? Yes No (Report this)


Share your thoughts with other customers: Create your own review
 
 
 
Most Recent Customer Reviews

5.0 out of 5 stars Amazon Doesn't Carry It, Why Advertise it?
I was researching "Dogs of the Dow", and Amazon had an advert for it. Oh, but turns out they don't carry it, they give me alternate selections.

BUNK!
Published 3 months ago by James R. Walker

4.0 out of 5 stars Some excellent material but not really enough for a full book
2nd edition (2000) with Johns Downes, 259 pages

O'Higgins' basic method for selecting out of favour stocks from the Dow Jones Industrial Average can be explained in a... Read more
Published on June 1, 2007 by Andrew Barrett

5.0 out of 5 stars Great system
This book simply suggests listing the 30 Dow components and then buying the lowest price stocks in the group that also has the best yield (Dividend %). Read more
Published on December 10, 2006 by Steve Burns

4.0 out of 5 stars intro to 1 style mechanical (ie. rigid rule based) investing
O'Higgins writes nicely... and identifies with specificity one generally agreeable style of mechanical stock investing... it doesn't particularly work well recently... Read more
Published on August 6, 2004 by Bruce R Tizes

3.0 out of 5 stars Not a totally bad method of choosing stocks
"Beating The Dow" by Michael O'Higgins offers the following simple investment strategy. You simply buy the ten highest dividend paying stocks among the Dow Industrial... Read more
Published on March 12, 2002 by Peter Hupalo

5.0 out of 5 stars Solid, Perhaps 1st Book Mentioning Yearly Good Season
This may be the first book that mentions how the stock market usually performs much better Nov. 1-May 1. Read more
Published on August 5, 2001

3.0 out of 5 stars Sounds too good to be true
This is a classic book describing a simple method for achieving outstanding results in the stock market by investing in a selection of five stocks from the Dow Jones Industrial... Read more
Published on February 7, 2001 by John H. Healy

5.0 out of 5 stars The numbers speak for themselves
Day traders often laugh at O'Higgins as their returns beat his. But keep in mind it takes a total moron not to make a killing in the market these past few years. Read more
Published on January 28, 2000

5.0 out of 5 stars Well written!!!
Interesting idea and successful strategy. What I liked most was the lucid and clear style in which it was written. Read more
Published on July 28, 1999

3.0 out of 5 stars fun to read, not so sure about the math!
i liked reading this book from the historical point of view. it kind of tells you the names of people who started a business and how things went belly-up for a while. Read more
Published on May 13, 1999 by jahani@cams.usc.edu

Only search this product's reviews


Customer Discussions

This product's forum
Discussion Replies Latest Post
No discussions yet

Ask questions, Share opinions, Gain insight
Start a new discussion
Topic:
First post:
Prompts for sign-in
 


Active discussions in related forums
Search Customer Discussions
Search all Amazon discussions
   

So You'd Like to...

Create a guide

Product Information from the Amapedia Community

Beta (What's this?)

Look for Similar Items by Category

Look for Similar Items by Subject

Search Books by subject:













i.e., each book must be in subject 1 AND subject 2 AND ...
 

Feedback

If you need help or have a question for Customer Service, contact us.
 Would you like to update product info or give feedback on images?
Is there any other feedback you would like to provide?

Your comments can help make our site better for everyone.


Your Recent History

 (What's this?)

After viewing product detail pages or search results, look here to find an easy way to navigate back to pages you are interested in.