More than 80 million investors lost 50 to 80 percent of their savings in the recent stock market crash. Investor's Business Daily publisher William J. O'Neil, however, was one of the first to see, and warn investors about, the dangers inherent in what had been, up to that point, a historic bull market run. Those who followed his counsel were able to sidestep devastating losses and emerge with their sizable bull market profits largely intact.
In The Successful Investor, O'Neil steps up to tell all investors how they can make money and, more important, avoid losses in up markets, down markets, and everything in between. Showing how mistakes made in the recent market collapse were amazingly similar to those made in previous down cycles, O'Neil reveals simple steps investors can follow to avoid costly mistakes and:
William O'Neil has succeeded in virtually every market environment by following a stable, non-emotional investment plan. In his latest book, O'Neil explains how anyone can follow that plan to become a profitable long-term investor, regardless of market tides or turns.
©2004 William J. O'Neil; (P)2005 AMI
Yes, I have read O'Neil's other books and this provides additional information and newer interpretations. However, the last 3/8 or so of the book is O'Neil advocating his extreme right wing view. This time it's taxes, a few shots at Clinton, and some advice to his Republican following.
I would still but the book knowing that almost all of the second half is political I would still buy it. I don't have to like his politics to profit from his advice and research. I have made a lot of money over the years listening to him and this new book adds some new useful advice.
His investing advice. His political rantings.
Not really sure.
Some various new ideas for screening stocks.
sounds like roger is an advertisement for cramer. According to the AAII, CANSLIM is one of the best stock screens over the past 10 years. iive read cramer and Oneil and Oneil iss the real deal.
Excellent book for investors. Every investor should read this book and understand the market principles before stepping into Stock market/Wallstreet.
O'neil is great when it comes to technicals. If you are new to stocks read his books. Then, when you are comfortable, move out into Fundamentals, and then Keynes or Soros. There is much in this game of investing, technicals are just the beginning.
Certainly, you have to because the book puts forth so much information in such a well presented way that you will want to refer back to it for years.
Don't know, it was one of my first investing books.
When he describes how to identify downturning and up turning trends.
He tells how to identify good stocks then recognize their buy points. Golden information!
Buy a highlighter with this book, you will want to reference it later.
This book taught me to buy a stock that was high in price and set stop limits and sell limits.
Stop at -7 and sell at +21
While he says some worthwhile things about risk management, most of the book is an advertisement for his newspaper and web businesses. it's extremely distasteful the disingenuous when he tells people that find out if your broker goes to Oneils seminars subscribes to his website, and subscribes to his newspaper, as criteria to use to know if he is in fact a good broker or not.. Also there's a lot of oversimplification here that maybe was effective in the 60s and 70s but doesn't by itself guarantee any kind of success in the world of dark pools and high frequency trading. There are better books out there that are more sincere in their advice and less an advertisement for the authors other seminars and publications.
This book relies heavily on technical analysis rules that often time don't work. It is also an ad for Investor's Business Daily and other publications/websites. . There are better books out there.
Say something about yourself!
I just cannot buy the premise of this book. The author believes that there are magic patterns in stock charts that can be devined to predict the future. Also mix in a health dose of advertising for the Investors Business Daily which the author founded.
Go read Jim Cramer instead.
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