[Read free ebook] Trouncing the Dow: A Value-Based Method for Making Huge Profits in the Stock Market






#1596460 in eBooks 1998-09-21 1998-09-21File Name: B000FA5LSG

5 of 5 people found the following review helpful. Simple, workable system!By Steven PhillipsAs some other reviews of this book state, there are NO perfect mathematical formulae for selecting investments. No formula can consistently anticipate all of the myriad changes that can affect a particular issue in the highly fluid, dynamic universe of investments. All valuation formulae are simplistic constructs which are used in the place of an elusive, magical crystal ball to derive either the absolutOf course, a certain kind of investor still prefers a "system" for trading stocks. Thousands have been devised over the ears. They ma work for a short time under certain market conditions, but then they fail. Every now and then, though, someone comes along with a carefully reasoned method that seeInsights on value investing from a Wall Street superbroker. From 1973 to 1997, the stock market averaged 9% return. Kenneth Lee's "Benchmark Investing" averaged 24%. Value investing may be a hot topic on Wall Street right now, but Lee has been making money with it for nearly a quarter-century. Troucning the Dow, Written in an easy-to-understand style, is packed with step-by-step instructions that show any investor how to be a winner. With returns that rival Warren Buffett and Benjamin Graham, K...


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