Monday, February 28, 2011

The Five Rules for Successful Stock Investing



About the book

For me, this is one of the most useful and informative investing books I have come across. Consisting of 364 pages and made up of numerous chapters, Pat Dorsey's book on successful stock investing is a must-have book for any aspiring investor.





Contents

This book consists of 26 chapters. The first few chapters cover the introduction, the five rules for successful stock investing, and seven investing mistakes to avoid. The next few chapters are devoted to definition of investment terms and learning how to read and analyze a company's financial statements. The remaining chapters describe the factors to look for in several types of industries.


Review

This is an excellent book because it is highly informative, easy to understand, and simple enough to follow. It contains a lot of lessons that cannot be absorbed in just one reading.


Difficulty Level = 2.5/5

The book is easy enough to read. For those who have little knowledge with terms and accounting, the book devotes a few chapters for those topics.


Personal Rating = 5/5

This is one of best modern investment books around. I only hope that there soon comes up a newer revised edition. At the end of the book, the author gives a list of his own recommended readings. Most of those I have already read and indeed found very enlightening. So, my fellow readers, do keep track of my blog to know what those recommended books are.


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