Battle for Investment Survival
Author | : | |
Rating | : | 4.35 (941 Votes) |
Asin | : | 0470110031 |
Format Type | : | paperback |
Number of Pages | : | 336 Pages |
Publish Date | : | 2016-11-28 |
Language | : | English |
DESCRIPTION:
Exceptional CW209 A must read if you're really interested in the stock market. Although it is older in print, there's value in the subject matter and clearly represents the thoughts of a broker and his past experiences.. Timeless Book Rajesh Sur One of the best book written by Gerald Loeb. I liked the way he said put all your eggs in one basket and see the basket grow. Ofcourse before you put all the eggs in one basket you may want to research on the stock very carefully both the fundamental and technical details and most importantly the market needs to be in a uptrend. 3 out of 4 stocks fail in a market downtrend. Loeb bought most of his winning stock as the market was in a confirmed rally and the leaders were on the verge of breakout on higher volume. A recent such phenomenon happened on 29th Aug 2007 when the market confirmed a new rally and in that rally Baidu, Drys. Perfect Crystallization of a Key Insight Like many of the other reviewers, I read this book after seeing it in the bibliography of a Wm. O'Neil book. While the observation that "if you've read O'Neil's major works, you've already read Loeb" has some truth to it, I would argue that there is at least one point that Loeb expresses even more clearly than O'Neil, i.e. the fallacy of holding a declining stock because "it will come back." Suppose you were forced to sell the stock today, he asks. Now, suppose you were trying to figure out the VERY BEST investment to try to recoup your loss. Would it be to repurchase your loser? Almost certainly not. To me, that question crysta
. A prolific writer throughout his career, Loeb also authored Gerald Loeb's Checklist for Buying Stocks and Your Battle for Stock Market Profits. Loeb worked on Wall Street as a stockbroker for forty years, beginning in the late 1920s. Gerald M. He was also a financial writer whose articles were published in Barron's, Wall Street Today, and Investor Magazine
The Battle for Investment Survival treats investors to a straightforward account of how to profit—and how to avoid profit loss—in what Loeb would describe as the constant tug-of-war between rising and falling markets.. "Loeb tells us to put all our eggs in one basket, and watch the basket." —John RothchildFinancial Columnist, Time magazine"This book is very special in my life. After reading 1,200 additional finance books, The Battle for Investment Survival's principles and concepts are still valid for consistent success." —Victor Sperandeo Author of Trader Vic on CommoditiesIn The Battle for Investment Survival, the turf is Wall Street, the goal is to preserve your capital at all costs, and to win is to "make a killing without being killed." This memorable classic, originally written in 1935, offers a fresh perspective on investing from times past. It is the
. The Battle for Investment Survival treats investors to a straightforward account of how to profit--and how to avoid profit loss--in what Loeb would describe as the constant tug-of-war between rising and falling markets. It is the very first Wall Street book I ever read. After reading 1,200 additional finance books, The Battle for Investment Survival's principles and concepts are still valid for consistent success."--Victor Sperandeo Author of Trader Vic on CommoditiesIn The Battle for Investment Survival, the turf is Wall Street, the goal is to preserve your capital at all costs, and to win is to "make a killing without being killed." This memorable classic, originally written in 1935, offers a fresh perspective on investing from times past. From the Back Cover"Loeb tells us to put all