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Rule #1

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Phil Town wasn't always a very wealthy man. In fact, he was living on $4000 a year when some well-timed advice launched him into an investing self-education that revealed what the true "rules" are and how to make them work in one's favor. Chief among them, of course, is: don't lose money. Other rules are: don't diversify; think like an owner, not an investor. Town also believes strongly in putting your faith in managers who've proven their financial mettle, and who really have faith in the businesses they're running. The most controversial of the book's assertions is that giant 401(k) type mutual funds will regress to the mean, and in the next twenty years, the mean could be very disappointing. Fortunately, Town's stockpicking techniques are meant to walk investing phobes through the do-it-yourself process, equipping them with the tools they need to make quantum leaps toward financial security.--From publisher description.

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Rule #1, Phil Town

Język
Rok wydania
2007
Oprawa
(miękka)
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314 Ocena

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Tytuł
Rule #1
Język
angielski
Autorzy
Phil Town
Rok wydania
2007
Oprawa
miękka
Liczba stron
320
ISBN10
1905211317
ISBN13
9781905211319
Seria
Oryginalna nazwa
Rule # 1
Ocena
4 z 5
Opis
Phil Town wasn't always a very wealthy man. In fact, he was living on $4000 a year when some well-timed advice launched him into an investing self-education that revealed what the true "rules" are and how to make them work in one's favor. Chief among them, of course, is: don't lose money. Other rules are: don't diversify; think like an owner, not an investor. Town also believes strongly in putting your faith in managers who've proven their financial mettle, and who really have faith in the businesses they're running. The most controversial of the book's assertions is that giant 401(k) type mutual funds will regress to the mean, and in the next twenty years, the mean could be very disappointing. Fortunately, Town's stockpicking techniques are meant to walk investing phobes through the do-it-yourself process, equipping them with the tools they need to make quantum leaps toward financial security.--From publisher description.