In this update of his Finding the Next Superstock (Liberty, 1982), Cappiello reaffirms his opinion that growth stock investing is "the most effective investment style in financial history." With that sweep of human accomplishment out of the way, he tells us once again that IBM is a growth stock and don't you wish you bought it when it was cheap? His guide through the maze of financial reports is worth reading, but it comes too late in the book. As an afterthought, this new edition tells us that the stock market crashed in 1987. Nothing has been added to the original edition to make this a necessary purchase. Fans of investment timing strategy will relish Weiss's codification of her life-long investment technique. She believes that the dividend yields of high quality stocks follow a predictable, cyclical pattern over time. Weiss is quick to recognize that even her successful technique must be applied judiciously. Readers benefit from her wisdom born of a successful money management career over a quarter century. A good purchase for academic and public libraries. Joseph Barth, U.S. Military Acad. Lib., West Point, N.Y.
Copyright 1989 Reed Business Information, Inc.

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