In this revised edition of his classic book, The Prudent Speculator, Al Frank discusses his investment philosophy and reveals precisely how he goes about picking stocks and managing a portfolio. In... This description may be from another edition of this product.
To be honest I have not read this copy fully yet. I read previous library versions and bought this for reference.
Al Frank: The Philosopher Investor
Published by Thriftbooks.com User , 19 years ago
The book is a breath of fresh air, providing a solid value-based strategy for investment togethr with a sound intellectual justification for it. In my more than thirty years of investing life encompassing a bevy of strategies and literally hundreds of books on investment, I have not come across a professionally trained philosopher writing about investment. Al Frank is that investor philosopher. If you want an intellectual challenge coupled with a proven strategy of investing in stocks, read this book. Think, profit and enjoy!
A must for every value investor.
Published by Thriftbooks.com User , 22 years ago
Unlike some books, were authors write about great investors or skilled authors with little practical experience present their opinions, Al Frank is a great investor and a skilled author with lots of practical experience. Thus, the book is a pleasure to read, more comprehensive than most and presents conclusions drawn from decades of value investing in common stocks.With a folksy, down to earth approach, the author goes over what's most important for a long term investor: Patience, Stock Selection, Diversification and Risk Management. Important financial ratios are also explained and the use of margin is reviewed in great detail. In fact, there are very few investment books which deal with margin as well as this one. This is probably because not many investment book authors have as much experience in this area as Al Frank. However, this is not a get rich quick book, but instead the presentation of a logical, long term seasoned strategy.
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