Learn to Earn: A Beginner's Guide to the Basics of Investing (The Classic Guide)

Lynch, Peter

ISBN 10: 0743555945 ISBN 13: 9780743555944

Publisher: Simon & Schuster Audio, 2006

Synopsis

Mutual-fund superstar Peter Lynch and author John Rothchild explain the basic principles of the stock market and business in an investing guide that will enlighten and entertain anyone who is high-school age or older.

Many investors, including some with substantial portfolios, have only the sketchiest idea of how the stock market works. The reason, say Lynch and Rothchild, is that the basics of investing—the fundamentals of our economic system and what they have to do with the stock market—aren’t taught in school. At a time when individuals have to make important decisions about saving for college and 401(k) retirement funds, this failure to provide a basic education in investing can have tragic consequences.

For those who know what to look for, investment opportunities are everywhere. The average high-school student is familiar with Nike, Reebok, McDonald’s, the Gap, and the Body Shop. Nearly every teenager in America drinks Coke or Pepsi, but only a very few own shares in either company or even understand how to buy them. Every student studies American history, but few realize that our country was settled by European colonists financed by public companies in England and Holland—and the basic principles behind public companies haven’t changed in more than three hundred years.

In Learn to Earn, Lynch and Rothchild explain in a style accessible to anyone who is high-school age or older how to read a stock table in the daily newspaper, how to understand a company annual report, and why everyone should pay attention to the stock market. They explain not only how to invest, but also how to think like an investor.

About this title

About the Author

Peter Lynch managed the Fidelity Magellan Fund from 1977 to 1990 when it was one of the most successful mutual-funds of all time. He then became a vice chairman at Fidelity and more recently has become a prominent philanthropist particularly active in the Boston area. His books include One Up on Wall Street, Beating the Street, and Learn to Earn (all written with John Rothchild).

From AudioFile

This primer, released 10 years ago, offers an accessible lesson that all young people should hear. The principal author narrates like the self-assured celebrity he is but does not sound like a professional. However, this is still an important audio because of Lynch's grasp of why certain companies are successful and how to find them. His advice on methods for selecting stocks is priceless and curiously challenging--he promotes activism and involvement rather than simply dictating his way of doing things. The abridgment is seamless, making the production short enough for the typical young person's attention span and in-your-face enough to make young people think hard about where they're putting their money. T.W. © AudioFile 2007, Portland, Maine-- Copyright © AudioFile, Portland, Maine

Edition details

• Publisher: Simon & Schuster Audio
• Publication date: 2006
• ISBN 10: 0743555945
• ISBN 13: 9780743555944
• Binding: Audio CD
• Language: English