One Up on Wall Street: How To Use What You Already Know To Make Money in the MarketA legendary mutual-fund manager explores the advantages average investors have over professionals and how they can use them to achieve financial success. America’s most successful money manager tells how average investors can beat the pros by using what they know. According to Lynch, investment opportunities are everywhere. From the supermarket to the workplace, we encounter products and services all day long. By paying attention to the best ones, we can find companies in which to invest before the professional analysts discover them. When investors get in early, they can find the “tenbaggers,” the stocks that appreciate tenfold from the initial investment. A few tenbaggers will turn an average stock portfolio into a star performer. Lynch offers easy-to-follow advice for sorting out the long shots from the no-shots by reviewing a company’s financial statements and knowing which numbers really count. He offers guidelines for investing in cyclical, turnaround, and fast-growing companies. As long as you invest for the long term, Lynch says, your portfolio can reward you. This timeless advice has made One Up on Wall Street a #1 bestseller and a classic book of investment know-how. |
Contents
A Note from Ireland | |
The Advantages of Dumb Money | |
Preparing to Invest | |
The Making of a Stockpicker | |
The Wall Street Oxymorons | |
Is This Gambling or What? | |
Passing the Mirror Test | |
The TwoMinute Drill | |
Getting the Facts | |
Some Famous Numbers | |
Rechecking the Story | |
The Final Checklist | |
The Longterm View | |
Designing a Portfolio | |
The Best Time to Buy and Sell | |
Is This a Good Market? Please Dont | |
Picking Winners | |
Stalking the Tenbagger | |
Ive Got It Ive Got ItWhat Is | |
The Perfect Stock What a Deal | |
Stocks Id Avoid | |
Earnings Earnings Earnings | |
Common terms and phrases
20 percent a p/e already analysts annual asset play average balance sheet better Bildner's bonds book value bought Bristol-Myers broker bull market buy stocks buying back cars chart Chrysler Coca-Cola company's corporate costs cyclical debt decline dividend diworseification dollars Donuts Dow Jones drop drug earnings equity fast growers Fidelity Magellan Ford fund managers going growth rate happened industry inventories investment investors L'eggs La Quinta long-term look lose major McDonald's million money-market fund mutual funds never once options overpriced p/e ratio Penn Central Pep Boys Philip Morris Pic N pick Procter and Gamble profit Quinta real estate recession Safety-Kleen sell shareholders shares slow growers sold stalwarts stock market stock price stockpicker Stop & Shop story Taco Bell tell tenbaggers there's thing trading turn turnaround Wal-Mart Wall Street what's worth