Enter your mobile number 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.
Getting the download link through email is temporarily not available. Please check back later.

  • Apple
  • Android
  • Windows Phone
  • Android

To get the free app, enter your mobile phone number.

Trade in your item
Get a $3.45
Gift Card.
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 this image

100 to 1 in the stock market;: A distinguished security analyst tells how to make more of your investment opportunities, Hardcover – 1972

4.0 out of 5 stars 23 customer reviews

See all 3 formats and editions Hide other formats and editions
Price
New from Used from
Hardcover, 1972
$71.12 $27.94
--This text refers to an alternate Hardcover edition.

The Amazon Book Review
The Amazon Book Review
Author interviews, book reviews, editors picks, and more. Read it now
click to open popover
NO_CONTENT_IN_FEATURE

New York Times best sellers
Browse the New York Times best sellers in popular categories like Fiction, Nonfiction, Picture Books and more. See more

Product Details

  • Hardcover: 288 pages
  • Publisher: McGraw-Hill; Clean & Tight Contents edition (1972)
  • Language: English
  • ISBN-10: 0070497729
  • ISBN-13: 978-0070497726
  • Product Dimensions: 9.1 x 6.6 x 1.1 inches
  • Shipping Weight: 1.6 pounds
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (23 customer reviews)
  • Amazon Best Sellers Rank: #845,979 in Books (See Top 100 in Books)

Important Information

Ingredients
Example Ingredients

Directions
Example Directions

Customer Reviews

Top Customer Reviews

By T. Veale on December 8, 1997
Format: Hardcover
Of all the books on investing that I've read over the years, this one was at once, the most pleasurable and most challanging to my own beliefs. Mr. Phelps spent over 40 years in and around Wall Street and the world of investing. His activities included being a private investor, columnist, analyst, author and financial advisor. His career spanned from just before the Crash of 1929 to the 70's.
In spite of the the rather glamorous title, the book is actually about Buy and Hold investing. Yes, it is true that you could have made a million dollars by buying any of about 350 stocks he mentions if you had invested $10,000 and just sat back and watched it grow over time! Doesn't sound that exciting, does it? However, I hope you didn't miss the point that he mentions AT LEAST 350 opportunities to have done this! Most of the companies' names will be quite familiar to most readers.
With the histories of many of these companies available, Mr. Phelps goes back in time to examine what it was about these companies that made their potential as great as it was. How can one begin to see what it takes for a company to do well? Well enough to drive its stock from $1.00 to $100.00 over a period of time? This is the heart of Mr. Phelps' book. He comes up with common characteristics that show up in many of the stocks he uses as examples.
Now, what about his strategy of stock ownership? He says that the best way to preserve the wealth you accumulate from investing is to NOT SELL your stocks! Uncle Sam always wants a piece of the pie when you decide to cut it! Mr. Phelps says that no matter how long it takes, it's better to pass on stocks to your heirs than it is to sell them too soon!!
Read more ›
4 Comments 30 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
Format: Paperback Verified Purchase
How can a book be largely true, but not be a good book? By offering people a way to make a lot of money that is hard to do, but portraying it as easy. It can be done, and a tiny number succeed at it, but most of the rest lose money or don't make much in the process. This is such a book.

Let me illustrate my point with an example. Toward the end of every real estate bull market, books come out on how easy it is to make money flipping homes. The books must sell to some degree or the publishers wouldn't publish them. Few actually succeed at it because:

* It's a lot of work
* It's competitive
* It only works well when you have a bunch of people who are uneducated about the value of their homes and are willing to sell them to you cheap, and/or offer you cheap financing while you reposition it.
* Transaction costs are significant, and improvements don't always pay back what you put in.

You could make a lot of money at it, but it is unlikely. Now with this book, "100 to 1 in the Stock Market," the value proposition is a little different:

* Find one company that will experience stunning compound growth over 20-30+ years.
* Invest heavily in it, and don't diversify into a lot of other stocks, because that will dilute your returns.
* Hold onto it, and don't sell any ever, ever, ever! (Forget Lord Rothschild, who said the secret to his wealth was that he always sold too soon.)
* Learn to mention the company name idly in passing, and happily live off of the dividends, should there be any. ;)

Here are the problems. First, identifying the stock will be tough. Less than 1% of all stocks do that. Are you feeling lucky? How lucky? That lucky? Wow.
Read more ›
2 Comments 20 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
Format: Hardcover Verified Purchase
This book takes the perspective of the extremely long term investor focused on finding compounding machines in the public markets. It is geared towards the investor who spends the bulk of the investment time on the diligence process rather than trading and who is focused on buy and hold to an extreme (10+ years). The investor who benefits from this book is a rarity in today's hyper short term focused "investor" aka speculator. This book is worth its weight in gold if one can effectively implement the concepts described here. Although it is conceptually simple, the ideas in this book are more powerful than the other investment concepts in the market today.
Comment 8 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
By M. Nowacki on February 18, 2016
Format: Paperback Verified Purchase
This book is an investment classic that Chuck Akre says had a big influence on him. The "how" to identify stocks with phenomenal long-term potential gives great answers, but some readers will be disappointed there aren't specific instructions with a check list or screener (if it were that easy, we'd all be billionaires). The "why" you should use this long-term investment approach is why makes this book great. The author has a talent for writing and there are some great one-liners and paragraphs worth quoting.
Comment One person found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
By ekamran on February 15, 2015
Format: Hardcover Verified Purchase
one must remember and understand the many pitfalls of hindsight bias in performing such a retrospective journey. but the many lessons of this important work make this an indispensable investment classic for the serious investor.
Comment 3 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse
Format: Paperback Verified Purchase
I appreciate and admire this book for the writing. In this interesting work, you'll find well-formed English applied in clear, exceptional prose. It really reminds me of an era of writing (and editing) that is mostly lost today. It is, in fact, a five-star example of clear, correct writing.

Unfortunately, in my view, the investing approach Phelps espouses is completely untenable. It advocates techniques with profoundly low probability for success. The author is encouraging others to hunt for unicorns because, don't you see, unicorns exist: "Here's one (points to one stock). And here's another (points to another chart)." Many, many would-be investment paths are littered would would-be unicorns, and for every Buffet who has managed to wrangle a whole stable of them, there are literally millions of market participant --extremely smart, capable ones -- who hold the same goal but fail miserably. And that is the problem: flipping a coin a thousand times on one side is possible, but it's extremely improbable.

If I were rating this book on the validity of the ideas, it would be a one-star rating. However, I feel this is more like an interesting historical read -- one that's superbly written.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback.
Sorry, we failed to record your vote. Please try again
Report abuse

Most Recent Customer Reviews