How did a world-famous dancer with no knowledge of the stock market or of finance in general make $2 million in the stock market in 18 months - starting with only $10,000? Darvas is legendary, and with good reason.
In this new edition: How I Made $2,000,000 in the Stock Market: Now Revised & Updated for the 21st Century, Steve Burns uses his experience to offer explanations as to why the methods are still reliable. Updating a classic book is a monumental task. The basic philosophy of the writer cannot be changed. Steve Burns approaches this work with the eye of a master restorer who looks at a classical painting that is being refurbished. He carefully studied the text to bring Nicolas Darvas' wisdom into the 21st century. Steve Burns illuminates the dramatic changes in the market to show how Nicolas Darvas' principles are more useful now than ever.
©2014 BN Publishing (P)2014 BN Publishing
The story is interesting, however the narration trades off between two readers, one of them keeps saying the authors name over and over again. You could take a drink every time you hear "Nicholas Darvis" and be drunk in 5 minutes! The other issue is the sound volume is not balanced between the two, I caught myself raising and lowering volume every time the readers changed.
I would have just used 1 or better normalized or balanced the volume between the two.
A guy did well in the stock market by not micromanaging it. Its a great story, however the best thing you can take from it is let the winners run and dont bet against them. Very few people trade stocks on their own and do well, its a longshot at best. Sure if you put 10k in Amazon in 1997 you would be up 300k or whatever.. however look at barnes and noble, or countless other book stores. How would you have picked out which was best? How would you have known Amazon ventures into so many other things in later years? You dont, so you have to split up your investments.
This is almost a waste of money. The narrator keeps repeating quotes over and over. It also only downloaded half the book. It supposed to be an 8 hour read and it barely downloaded 4 hours of the book.
If this book isn't worth ur time, u must be Warren Buffet. This book was the beginning of the little guy beating Wall Street instead of the other way it usually goes. A different approach to market trading that anyone interested in producing better results than having flat returns in mutual funds and dead stocks. I look forward to hearing this book again.
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