The Whiz Kid of Wall Streets Investment Guide: How I Returned 34% on My Portfolio

Seto, Matthew

Published by Harper Perennial, 1997
ISBN 10: 0688153836 / ISBN 13: 9780688153830
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Synopsis: At age 15, Matt Seto set up a mutual fund with $23,000 from relatives and has since watched it top the Dow Jones Industrial Average by 31 percent annually, outperforming 99 percent of the funds in its category. Here, Seto shares his profoundly simple but enormously effective investment philosophy that caught the attention of Wall Street and the world.

From Booklist: 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 Collins

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Title: The Whiz Kid of Wall Streets Investment ...
Publisher: Harper Perennial
Publication Date: 1997
Binding: Paperback
Book Condition: Used: Very Good

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