D**E
Better Than The Intelligent Investor
Lots of people will recommend Intelligent Investor: The Definitive Book on Value Investing - A Book of Practical Counsel as the best investing book out there (Warren Buffet included) but in my opinion this trumps it. Peter Lynch's down to earth approach to investing is very clearly explained and keeps it all very interesting which is no mean feat - investing is a very dry subject.I particularly like the sections where he details some of his investments (good and bad) and includes the charts explaining where he bought and sold and the reasoning behind that. Peter actually goes quite in depth on some of his biggest mistakes which is a really nice touch and takes it away from being overly preachy like a lot of other investment books.So far I've read it twice and I fully intend to read it again.
G**Y
Great primer for value investing...
what i liked about lynch's book is that from the out set it's incredibly easy to read. too many investing books are written in such a boring, dry manner one struggles to stay awake while reading them - and more often than not feel guilty because the reader feels they are missing "great advice" when tryiong to decipher the text. not with this little gem.the book covers how to find companies to invest in, how to value companies, and when to get out of companies invested in - the main theme running through the book is that an amateur investor can and will out perform professionals if they avoid the noise from wall street and focus on companies they understand.the book gives great example of companies that were a "10 bagger/20 bagger" (meaning if you invested £1 you would have made £10/£20 etc.). lynch also gives example of where he missed companies/lost money as wekll - so the advice is very well rounded.so why 4 stars? the book is well written with great examples and advice - but i question how relevant this is today when there are software packages and websites that can perform instant ratio checks, and profitability measures etc. - basically meaning that i am unsure whether lynch would have been as successful today as he was when the book was written - late 1980's. other than that, son't be put pff. this is a great book and well worth the read....
C**N
Entertains, not technical, and surprisingly relevant
This book is more of a story about how Peter Lynch operated, than a technical guide to stock selection. It outlines his approach: look for companies about which you know something; do not buy too "expensive" on a P/E or Book Value basis (both restrictions could be disputed, but it is Mr Lynch's style).In one place he is dismissive of technical analysis, so do not expect that.Given that this was written 20 years ago, it is remarkable that so many good principles, and bad practices, can be seen widely today.Worth reading, even if you do not follow the Lynch approach.
A**Y
Thinking of investing? You MUST read this.
I never really understood the world of shares and sharedealing (I thought it was an specialist club for the financially educated) but this book breaks down the basics of what to look for to find a good investment.The theme of the book is that everyday folk like me will be open to spotting great investment opportunities before anyone on Wall Street or the London Stock Exchange gets a whiff of it. Once you spot the opportunity on the street, Peter makes light work explaining how you evaluate the company before investing.One example in the book is of a fireman who drove past a factory everyday, and everyday he saw jobs being advertised and improvements being made to the grounds and buildings. This told him the company must be doing well and was experiencing growth (and didn't need to be a financial whizz to work it out). Long story short he retired a millionaire thanks to a fairly small investment in this company that became a global brand.This book explains that we all have first hand experience with products, brands and companies that could be great investment opportunities. We don't need to be in the financial world to spot them.
R**W
Great book, even if it is just for reassurance
This is excellent, if a little outdated (that’s no bad thing with most investment advice calling for a long term view). The premise here is that most fund managers don’t beat the market, so how can you expect to! The guidance is to focus on keeping things low cost and diversified, as well as some other sensible advice. Very reassuring for me as a young investor.
V**N
One of the best book in investment
The words of wisdom comes greatest investor in the world. He has covered several areas which I never seen it before. If you are seasoned investor, i am not sure how much you will learn from this book. I had some prior experince in investment and I lost huge amount in 2008 crash(still recovering). This book helped me in understanding why I lost my money.*the reason for one minus star*Lynch keeps on repeating same concepts for several pages (even chapters). At times, I felt I was rereading the previous page( or chapters). other than this, highly recommended book for investors
V**D
Common sense written down makes you wonder why it is so hard to understand and use it
Peter Lynch, great common sense in investing. Valuable knowledge even if you are not investing. Reading it, I was telling to myself that wow, that is so simple and still is so hard to do, no wonder he had such market beating results.
E**H
If like me, you're looking for more factual and in-depth ...
Overall I'd say this book is worth a read. It's written in a light and interesting way. If like me, you're looking for more factual and in-depth analysis, you may be a little disappointed. However, there are enough thought provoking ideas to make this book valuable, so I would suggest, if you want to make money with your shares, it's a book that is definitely worth reading.
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