Beating the Street: How to Use What You Already Know to Make Money in the Market [Gekürzte Ausgabe, Audiobook] [Hörkassette] von Peter Lynch (Autor)

Peter Lynch John Rothchild

ISBN 10: 067186498X / ISBN 13: 9780671864989

Published by Sound Ideas Auflage: Abridged (1. April 1993), 1993

About this Item

Until retiring in 1990, Lynch ( One Up on Wall Street ) was manager of the spectacularly successful Fidelity Magellan Fund. Here he recalls with self-deprecating humor and disarming candor how he went about choosing winning stocks (and missing a few) for the $12 billion fund, which, during one five-year period in the 1980s, earned investors a 300% return. Lynch strongly favors stocks over other investment vehicles but insists that "investigative" research into a corporation's prospects, including credit checks and visits to the firm's installations, is essential. "Focus on companies, not the stocks," he stresses, adding that on this basis limited partnerships, banks and even S & Ls can be sound investments. Lynch's reputation and business writer Rothchild's deft touch should yield big sales for this inside story. Major ad/promo; first serial to Money magazine; BOMC and Fortune Book Club alternates; author tour. Lynch is the master stock picker who led Magellan (until May 1990) to its position as America's biggest mutual fund. In One Up on Wall Street (Simon & Schuster, 1989), also written with Rothchild, he described his winning methods. Here, he provides a few more elaborations and 21 "Peter's principles." Some are overly clever, e.g., being first in line is a great idea except on the edge of a cliff. Lynch takes three chapters to explain how he "done it good" at Magellan. One valuable chapter details methods for picking a mutual fund from the thousands available, but most of the book is devoted to demonstrating his research into picking the 21 stocks he recommended in the January 1992 Barron's roundtable. Still, since the average investor will not get to talk to the CEO or visit the company in person, maybe we should all just buy Lynch's recommendations each year. A tossup. My profession is writing, but my business is investing. With over 50 years of experience in the stock market and having made millions, I think I know what's up. Not only is this book definitive on stock picking, it is also fun and easy to read and the author's humanity comes right through. And the core message that you can do better than the fund managers (for a variety of reasons) is, from my own experience, true. Try Lynch's systemWhat worked for him, might work for you. Oh yes, by the way, this book is mainly a repeat and better version of his previous work and represents a more masterful and confident telling of the ways to beat the street. Der Börse einen Schritt voraus. Wie auch Sie mit Aktien verdienen können Peter Lynch John Rothchild Aktien Börse Fonds Zertifikate Futures Optionen Spreads Anleihen Jake Bernstein Seasonality Saisonalitäten Börse Wall Street Commodities Rohstoffe Aktien D In englischer Sprache. pages. 18,8 x 11,4 x 2 cm. Seller Inventory # BN10455

Bibliographic Details

Title: Beating the Street: How to Use What You ...

Publisher: Sound Ideas Auflage: Abridged (1. April 1993)

Publication Date: 1993

Condition: gut

Edition: Auflage: Abridged (1. April 1993).

About this title

Synopsis:

Describes how listeners can invest in twenty-two companies selected for the 1992 Roundtable.

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).