Complete Idiot’s Guide to Value Investing
You know there is a reason why all the analysts on television are making it a point to say buy, buy, buy if you are in for the long haul… because it is probably the easiest and one of the only times they will be right. Unless you are a pure pessimist, then it is pretty obvious that stocks are at an all time bargain right now.
While it all sounds fine and dandy, the truth of the matter is that everybody does not have the patience or discipline to hold on for the long term. How do you know which is the right stock to buy? Sure, the average stock tends to go higher in the long term, but don’t you want the one that goes up 50% rather than 10%?
It seems like the Complete Idiot’s Guide has been around forever. At some point I had an edition about magic tricks, card tricks, roller blading, and HTML, but now I am fortunate to receive a copy of The Complete Idiot’s Guide to Value Investing.
I like to compare value investing to an offensive lineman. Nobody really wants to do it, but, at the end of the day, it has to be done. For the most part, the average trader or below is conducting value investing; however, nobody has done it like Warren Buffet. I assume that is what this books is trying to help you do.
The author of the book, Lita Epstein, is writes for Blogging Stocks and has developed an online course for investing. She is also the author of The Complete Idiot’s Guide to Foreign Currency Trading.
The book helps you first understand what value investing is and then assists you in what to look for in a companies data to see if it is the right stock for you.
- Understand the theories that drive value investing.
- Keep an eye on business tangibles of the company you invest in.
- Examine balance sheets and income statement without getting lost in financial jargon.
- Use caution when listening to market analysts-make sure their conclusions match your own research.
- Explore strategies from legendary value investors.
- Avoid your greats enemy-yourself.
If you have ever read a Complete Idiot’s Guide, then you know how much they simplify the topic, and this edition follows in suite.
You are given charts, images, graphs, definitions, and examples. In other words, there is no way you can’t understand this stuff after you read the book.
All in all, this book is the perfect resource for anybody looking to grow their money through the stock market. Remember being successful in the market does not require you to do multiple trades a month. Investing comes in all forms and value investing is just one of them.
Whether it is one of your retirement funds or just your personal account, these all include long term holdings. Don’t you want to make sure you know what you are buying, and if you should even buy it?
Take a look at The Complete Idiot’s Guide to Value Investing
