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A teenager who manages an impressive stock portfolio shares his investment secrets, offering tips on picking profitable stocks, beating the market, and making money
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Another great American success story--a young boy from a Detroit suburb gets interested in the stock market and begs his father to let him give it a try. After Dad does his best to warn the boy of the peril of jumping in with no help from brokers, young Matt begins investing money and bingo! Suddenly he's outperforming 99 percent of all mutual funds in the country and is the hottest thing on Wall Street. In this book, Matt, now 17, shares how he does it. The big surprise is that he does not have a magical method; instead, it's research, research, research. A lot of time at the library, sucking up information from company profiles, and simply buying stock in companies whose products and services were consistently used by his family and friends are his "secrets" (and hard work and research are much less glamorous but always so much more reassuring to the average American than some supersecret method). Matt does include some of his best stock tips here, but it's how he arrived at those conclusions that makes this book a quick, fun read and a big help to those who like to dabble in the market, no matter what their age. Joe CollinsFrom Library Journal:
Now 17 years old, Seto admits to becoming obsessed with the stock market at the age of nine. What motivated him to learn everything he could about the stock market was the infamous minicrash of 1987 and, he admits, not a little avarice. After synthesizing the wisdom of financial writers like Benjamin Graham, Peter Lynch, Peter Bernstein, and John Train, he applied himself to formulating an approach that identifies undervalued stocks through a fundamental analysis of the financials of target companies. His investment results inspire envy, exceeding 30 percent gains for the past three years, and he emphasizes that he uses information readily available in most libraries. A terrific object lesson and a good choice for public libraries.?Joseph Barth, U.S. Military Acad. Lib., West Point, N.Y.
Copyright 1996 Reed Business Information, Inc.
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Book Description Harper Perennial, 1997. Paperback. Condition: New. Never used!. Seller Inventory # P110688153836
Book Description Harper Perennial, 1997. Condition: New. book. Seller Inventory # M0688153836
Book Description Harper Perennial, 1997. Paperback. Condition: New. Seller Inventory # DADAX0688153836