Business Book Reviews

The book Common Stocks and Uncommon Profits & Other Writings is yet another volume that would benefit the stock market industry.  It is probably the most enjoyable investing books that you could probably read.  It is easily understandable and a fun read.  The title itself is something worth reading.  Every chapter of the book is definitely worth reading.  Readers could not simply get enough of what the author has to say because it is very interesting and a light read.

It is not your usual stock market books that usually would confuse you on terminologies without further detailing what it is all about.  This author of the book have gone to greater lengths just to make it easier for its readers to understand the concepts and marketing strategies that he devised in his writings.  Reading his book would surely make you understand how the system in the investment world works.

The Author Philip Fisher is a well established entrepreneur himself.  Warren Buffet who is a legend in the investment world even said that he is a giant in the trading industry.  A commendation from the master like Buffet is rarely given.  He must be really good at what he does because he was highly praised by his peers.  The author is a widely acknowledged as one of the individuals who had contributed in modern investment theory.  His revolutionary theories were really what the modern society needed.  There is a need for somebody to step up and he did with such magnificence.  His methods and strategies are still even practiced up to this day.  It is to be expected because Fisher is really a genius who developed his unique style of marketing analysis and investments.

His book on investments is really helpful to those who are new in the stock market industry.  It will give you the needed introduction by explaining things in detail and giving steps on how to execute them.  By making his writings simpler helps even more.  In this way the strategies and the steps he initialized in his book could easily but understood and followed by those who read it.

What is even more amazing about his works is that it is even more practical to use it now that it is back then.  That is how advanced his way of thinking is.  He practically envisioned a book that is applicable for all.  His revolutionary ideas was not unique but was able to stand the test of time.  It is like a vintage car that increases its value even more as years pass by.  Who knows maybe there would come a day that his books will be considered as a collector’s item.  It is not farfetched considering his legendary status and most of his entire book is simply a good read.

Besides Buffet’s books, Fisher’s books is certainly a must have in order to be more competitive in the industry.  Try combining the principles and concepts.  It is like mixing the conventional way of thinking and the revolutionary way of doing it.

Traders nowadays find it difficult to pinpoint which investing books would really be of help to them in developing their performance even better.  Most stock market books will guide you through the process of investing.  Making it easy by initiating steps and procedures that would eventually make how you be good stock market trading.  However, a good book is not always enough to enable you to have an edge against your competitors.  There is a need to find the best book so that you will be even better compared to the rest.  The trick is how to be able to spot the best book when you see one.  One way of knowing if the book is the best out there is to identify its authors.  The writer must be someone who has integrity and credibility that is beyond reproach.  Knowing the authors experience would definitely give you an idea if he or she really knows what he is talking about.

The most credible investment author you could probably find is William O’Neil because this man has 40 years of experience in investment.  His book on 24 Essential Lessons for Investments Success is really a must read for a new investor and even for seasoned ones.  They will find helpful guides and steps in order to make investments more efficient by knowing the 24 Essential Lessons for Investment Success.  Reading the book will surely improve your game.  Using what you learned from the book as a tool to gain even more insight about the trading world.

William O’Neil is definitely the author that knows what he is talking about because he has been a successful trader for almost 40 years now.  His book is considered by some as a bible when engaging in stocks.  He provides studies and analysis of how the market works by devising a series of lessons for its readers to serve as a guide.  The author also blends the fundamentalists and technicians approach when reading and interpreting data.  He makes it easier and in a sense faster for you to identify when the right time to invest.  You will also be taught on how to determine if the market hits the top and when it hits the bottom.  Knowing these things would enable you to pace your buying and selling of your stocks.

The book also gives advices and tips for newbie traders.  There are lessons on how to get started, that there is no better time to start engaging in trading like the present.  It also gives lessons that advices you to follow a system rather than your emotions.  First time traders sometimes are so aggressive that they tend to follow their gut feel which is certainly a mistake when you are engaging in business like stock trade.  Devising a system allows you to be more objective.  Therefore basing your actions on the behavior and data of the market flow which you are more accurate compared to your gut feel.  The readers of this book will certainly find it useful to learn a thing or two about trading.  It is especially helpful to new traders.

It is rarely that you would see investing books talk about psychology.  Some authors simply do not see the idea of integrating psychology in their stock market books.  That is because they are used to seeing strategies, charts and numbers when doing trade and behavioral aspect of trading was neglected.  However, there was a book that I read that talks about psychology as one of the major aspect those traders and investors must know.  It will guide you on how to use behavior as tool to effectively invest and plan your further investment opportunities.

The book was written by a respected and well known advisor who made countless bestselling books on investments.  The author has the credibility and authority to back his claims that there is indeed psychology in investment.  You need to be able to observe your own actions and behaviors at the same time be observant of what is happening around you and that is the behavior of trade. (more…)

Knowledge of the game is of prime importance in order to be successful in a given field. For a stock market investor, it is necessary for him to know the trend of the market, the rules how it must be played and some tips to enable him to determine whether or not he can derive profit from his investment. A stock market investor can not and should not merely rely on his instincts. The stock market is not like gambling wherein the success for the latter relies on chance while the success for the former lies on predictions based on based on ostensible movement of the market trend. To provide an investor an idea where to put his money, he must be guided by certain principles which apparently is not usually can be availed of anywhere but through certain great stock market books. To provide you an idea of what books I am referring to I shall provide you a list which many stock brokers and business entrepreneurs found useful in dealing with the stock market:

1.The Intelligent Investor
2. One Up on Wall Street
3. The Essays of Warren Buffett
4. Common Stocks and Uncommon Profits & Other Writings
5. Security Analysis
6. How to be a Billionaire
7. The Interpretation of Financial Statements
8. 9 Steps to Financial Freedom
9. Use the News
10. Financial Shenanigans: How to Detect Accounting Gimmicks and Fraud
11. How Legendary Traders Made Millions
12. Reminiscences of a Stock Operator
13. How to Make Money in Stocks
14. Lessons from the Greatest Stock Traders of All Time
15. Trading to Win
16. The Stock Trader
17. Trading for a Living
18. How to Trade in Stocks
19. 24 Essential Lessons for Investment Success
20. The Successful Investor
21. The Master Swing Trader
22. The Battle for Investment Survival
23. How to Make Money Selling Stocks Short
24. Investors Business Daily and the Making of Millionaires
25. Investment Psychology
26. Secrets for Profiting in Bull and Bear Markets
27. Trade Your Way to Financial Freedom
28. High Probability Trading
29. Entries & Exits
30. How I made $2 Million in the Stock Market

These are but a few of the great stock market books which are highly read and recommended by successful stock market investors. In the stock market, the success lies not only to those who have the money but it also lies to the information or insight that you can get.

Money does not grow on trees. It will not bear fruit if you have mistakenly planted it on a barren land. To determine which field will bear fruit, you must have the know how when to plant and when to let go. Applying this to the stock market, you can be able to lessen the risk of losing your precious money by learning the basics and the techniques which made these authors successful. Why do you have to settle in a fraction of fortune when you have the opportunity to become a sharer of a far more greater income that you can ever imagine. All this is made possible by simply opening the pages of these great stock market books.