Rule #1

The Simple Strategy for Successful Investing - in Only 15 Minutes a Week!

By: Phil Town

Narrated by: Marc Cashman

Length: 11 hrs and 29 mins

Publisher's summary

#1 NEW YORK TIMES BESTSELLER • “The clearest and best book out there to get you on the path to riches. This one’s special!”—Jim Cramer, host of CNBC’s Mad Money

“Great tools for anyone wanting to dabble in the stock market.”—USA Today

Phil Town is a very wealthy man, but he wasn’t always. In fact, he was living on a salary of $4,000 a year when some well-timed advice launched him down a highway of 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 Rule #1: “Don’t lose money.”

In this updated edition to the #1 national bestseller, you’ll learn more of Phil’s fresh, think-outside-the-box rules, including:
• Don’t diversify
• Only buy a stock when it’s on sale
• Think long term—but act short term to maximize your return
• And most of all, beat the big investors at their own game by using the tools designed for them!

As Phil demonstrates in this book, giant mutual funds can’t help but regress to the mean—and as we’ve all learned in recent years, that mean could be very disappointing indeed. Fortunately, Rule #1 takes listeners step-by-step through a do-it-yourself process, equipping even the biggest investing-phobes with the tools they need to make quantum leaps toward financial security—regardless of where the market is headed.

©2006 Phil Town (P)2006 Books on Tape

Critic reviews

“Town's investment guide is manna from heaven… engaging and accessible… Town’s ability to break down that philosophy into a detailed, step-by-step program that can be understood by any reader with basic math skills is unique… will leave readers feeling empowered and ready to manage their money themselves.” —Publishers Weekly (starred review)

“A refreshing departure from those boring investing books… If you're tired of being shut out of how exactly the rich guys on Wall Street make money, this important book will teach you how to run with the bulls. It's priceless.” —Elizabeth MacDonald, Senior Editor at Forbes Magazine; regular, “Forbes on Fox”"]

“Rule #1 is probably one of the most inclusive, no nonsense, fundamental books about investing in the stock market I’ve ever read. This book is a must-read for everyone; from beginner students of the market to super know-it-alls.” —Danielle Hughes, President and CEO, Divine Capital Markets LLC

A+ he broke it down to baby food

This is the best book I've ever listened to that talks about stocks. This is my 1st time ever writing a review and I'm only doing it because I'm very happy with what Rule#1 has to offer. I'll let you know if I make any money by the end of the year

Wall Street decomposed!

A fantastic read for anyone who has been curios enough about investing but intimidated by the tools and the complexity of the market.

Excellent Book!!

Finally I feel like I found the book that explains Buffet's investing style in very simple easy to understand way and a roadmap to success!! I would highly recommend it!!

Good start to the finish.

really enjoy it and got a lot of interesting information about inviting for retirement. looking forward to using the strategy.

how do a make money

If you could sum up Rule #1 in three words, what would they be?

this book is great im hoping to read more iv listen to the book 2 times so far ans might need to listen again. you open a stock account now what do you buy?? this will give you a great glid to how to start. just as walking a mile the frist step it the hardest but if you have a map or a gps it much less scary. take you frist step get the map here

This book is the best

Please take your time and ready this book before you commit to stock market. I enjoyed reading this book and learned a lot from it.

Really great book

This is one of the best investing books I have ever read. Phil Town really did a good job! I really enjoyed reading it. Keep up the good work!

Great Concept, But Not Realisti

What do you think the narrator could have done better?

talk a bit slower, especially when calculate numbers with decimals.

What’s an idea from the book that you will remember?

Calculate ROIC, EPS Growth Rate, Equity Growth Rate, etc ...

Any additional comments?

This audio book gives a good idea on how to evaluate a business real value.
But I feel 50% margin of safety is not realistic, if a business is so great which fits every of criteria in this book, why would they give you a buy chance at 50% discount?

Great investment advice from novice to pro

you couldn't get more clear and easy to follow advice. your lose if you don't listen.

Total awesomeness!

this book will become a staple in my financial literacy and training, along with Robert Kiyosaki oh, Andy Tanner, and R. Nash.