Summary and Info
The author definitely delivered a book that is short, easy to read, and educational about stocks. As he says, understanding stocks is not that hard. What is hard is how to make money in stocks. This book covers topics such as understanding prices, analyzing stocks, knowing where to buy stocks, and understanding investment strategies. Readers can find different strategies for different time horizons. For example, there is a chapter dedicated to investors who want to grow wealth slowly, and another chapter for those who are in a hurry to make money. The analysis of stocks includes fundamental analysis and technical analysis.
In Chapter 15, the author lists mistakes that investors make which causes them to lose money in the market. Some of the mistakes include not selling losing positions, letting winning stocks become losers, getting too emotional, and not learning from mistakes. Readers will find most of the information presented in this book useful.
- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market