The Successful Investor

Submitted by Book Library on 14 April, 2010 - 13:41

FROM THE AUTHOR OF THE BUSINESSWEEK, USA TODAY, AND WALL STREET JOURNAL BUSINESS BESTSELLER HOW TO MAKE MONEY IN STOCKS! Simple-to-follow strategies for making--and keeping--profits in today's perilous stock market.

More than 80 million investors lost 50 to 80 percent of their savings in the recent stock market crash. Investor's Business Daily publisher William J. O'Neil, however, was one of the first to see--and warn investors about--the dangers inherent in what had been, up to that point, a historic bull market run. Those who followed his counsel were able to sidestep devastating losses and emerge with their sizable bull market profits largely intact.

In The Successful Investor: What 80 Million People Need to Know to Invest Profitably and Avoid Big Losses, O'Neil steps up to tell all investors how they can make money and, more important, avoid losses in up markets, down markets, and everything in between. Showing how mistakes made in the recent market collapse were amazingly similar to those made in previous down cycles, O'Neil reveals simple steps investors can follow to avoid costly mistakes and:

  • Buy only the best stocks at only the best times
  • Follow a market-tested 3-to-1 Profit-and-Loss Percentage Plan
  • Know when to sell for the biggest possible profit
  • Recognize chart patterns that presage enormous market moves
  • Manage a portfolio over time to maximize its returns

William O'Neil has succeeded in virtually every market environment by following a stable, non emotional investment plan. In his latest book, O'Neil explains how anyone can follow that plan to become a profitable long-term investor, regardless of market tides or turns. This Book will bring reason and welcome relief to all investors buffeted and bewildered by the perils and uncertainty of today's stock market.

Positive Review Of Book

I have to agree with the previous reviewer who said that all you really need is IBD along with this book. By contrast, I found the review by an obvious book peddler indicating that he has "averaged 50% gains per year" and "is considering writing a book if there is enough interest" laughable. Where do you suppose this guy is going to get his information? That's right. From O'Niels book and IBD! You can do the same yourself. Be wary of certain reviewers who are trying to peddle books. On the other hand, I highly recommend O'Niels books and IBD.

Negative Review Of Book

Nothing is clear in this book, it is not organized and not well writing. Filled with charts that are dispersed wherever and not easy to understand. Frankly it is an advertising of the Investor Business Daily, IBD, please subscribe and you will make money, I lost my respect to Mr. O'Neils when he ended the book by the testimonials from Investors. He even wrote if you deal with a broker who didn't attend his class!! It is a worst investor.

Author Biography

O'Neil was born March 25, 1933 in Oklahoma City and raised in Texas. He studied business at Southern Methodist University, received a Bachelor's degree and served in the United States Air Force. In 1960, he was accepted to Harvard Business School's first Program for Management Development (PMD). In 1958 he started his career as a stockbroker at Hayden, Stone & Company, and developed an investment strategy which made early use of computers. In 1973, he founded "O'Neil Data Systems, Inc.", to provide high-speed printing and database-publishing facilities.O'Neil presently conducts investing seminars throughout the country.

Table of Contents

  1. Step 1: Which way is the general market going?
  2. Step 2: Use a simple 3-to-1 profit-and-loss percentage plan
  3. Step 3: How to buy the very best stocks at the very best time
  4. Step 4: When to sell and nail down your big profit while you still have it
  5. Step 5: managing your portfolio: time-proven methods to maximize results and minimize losses
      • Appendix A: How to use the CAN SLIM approach to screen for growth stocks
      • Appendix B: All about CAN SLIM
      • Appendix C: Market memo
      • Appendix D: Testimonials for the successful investor
      • Appendix E: A loud warning to the wise about bear markets!!!

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