What is the best investment book of all times that tells u everything to look for in a stock?

Answer 1

Everybody has their own ideas and investment style, contrary to what Bodo would like to push off on you as advice. In my mind, Mutual Funds are the "losers." Why would you pay someone to underperform the market, when you can do it yourself with ETF's and lessen risk? On a more advanced level, or at least a little bit, why would you want to "always" be "in" the market?

Stop looking for "The Answer." It doesn't exist, or we would all be rich. The answers come through hard work and much knowledge and study and then experience, like anything else.

There is no "answer" to becoming a successful Engineer either, and investing is no different. You have to like doing it, you have to like the process of discovery, or you will tire easily. To play stocks you have to like reading lots of stories and comparisons. Otherwise, just concentrate on the trends of the market and trade ETF's, sector ETF's, index ETF's.

You have to decide whether you are a Fundamental Investor, looking at earnings and balance sheets and product marketing and competion and the story of the stock, or whether you are a Technical Analyst looking for trends, support and resistance, and different indicators.

You have to answer these questions before you can be more specific and anyone can help you. Otherwise, a general question like "What's the best book on Engineering," only narrows it down to about 12 different disciplines, and literally thousands of books.

Here's a few to get you started:

"Which Is Better, Buy-and-Hold or Market Timing?"

"Do You Have What It Takes to Be a Market Timer

Technical Analysis Simplified
Droke, Clif

Tech. Anal. Of Stock Trends
Edwards & McGee

Getting Started in Futures
Lofton, Todd

Kahn, Michael N.Tech. Anal. Plain & Simple

Kamich, Bruce M.How Technical Analysis Works

Lefevre, EdwinReminiscences of a Stock Operator

O'Neil, William J.How to Make Money in Stocks

Oz, TonyHow to Make Money From Wall Street

Rotella, Robert P.Elements of Successful Trading, The

Schwager, JackStock Market Wizards

Answer 2

The best advice book I ever read on investing is "Winning the Loser's Game" by Charles Ellis. Stock-picking is a loser's game; over the long-term, stick with a low-expense Index Fund, Like Vanguard's or Fidelity's. I prefer the Total stock Market Index Fund, or if you want something with a little more focus, try the S7P 600 (not the 500, the 600--it's a little more small-cap weighted). Over time, you'll save all of the expenses involved with trading, and you're guaranteed to get market returns. Not returns that BEAT the market, but, then again, not returns that underperform the market either.
If you're looking to TRADE stocks, read Jim Cramer's "Real Money--Sane Investing in an Insane World." If you can devote the time and effort needed to trade successfully, there's a lot to be learned there.

Answer 3

William O'Neill's "How To Make Money In Stocks" is a book that is heavily praised by Wall Street professionals. William O'Neill is the publisher of Investor's Business Daily and provides a lot of great insight.

Peter Lynch's 'Beating The Street' is a great book as well. Peter Lynch built Fidelity's Magellan fund into a multi-billion dollar behemoth and sadly, his successors were unable to maintain his track record.

The first book deals with both fundamental and technical analysis (CANSLIM) while Lynch's book deals with common sense ("My daughters were drinking bottled water from the Clearly Canadian company, so I bought the stock....it went up!") that any investor could use.

Neither book is a proponent of 'get-rich' schemes and instead rely on getting an individual to really study an investment before they buy. Both books are still in print, but pre-date the internet age..................but the internet age is tailor made for doingt the type of analysis that is mentioned in both books.

Answer 4

Charles Ellis' "Winning the Loser's Game" is by far the worst investment book I have ever read. I agree with the person who said mutual funds are the losers. If you want a good book on investment I'd recommend "Real Money: Sane investing in an insane world" by Jim Cramer or "One up on Wall Street" by Peter Lynch.

Hope it helps

Answer 5

1

Answer 6

i dont think that exists, considering your goals for buying a stock, think about why you want to buy stock.

Answer 7

I recommmend RULE #1: THE SIMPLE STRATEGY FOR SUCCESSFUL INVESTING . . . by Phil Town.