This guide to investing in stocks, mutual funds, and credit markets explains the fundamentals of corporate valuation, picking and choosing stocks, interpreting economic data, and reading market... This description may be from another edition of this product.
If you are totally new to investing then you should start with "24 Essential Lessons to Investment Success" & "How to make Money in stocks", both by William O'Neil. If after reading those books part of the Investment Business Daily newspaper makes no sense, I recommend this book. Once you feel successful and comfortable in the stocks you pick, you would want to understand the whole picture. Though this book will confuse you in the beginning and I agree with many of the reviews, remember it is a brake down of the newpaper and how you can use each part of it to understand everything of the market and how Investment Business Daily feeds you that information. I strongly recommend it. Puts together the Big Market picture from the pages of the Investors Business Daily paper. It should glue together some loose ends.Miguel-Bronx New York
Not bad
Published by Thriftbooks.com User , 27 years ago
For those who enjoy William O'Neil's newspaper INVESTOR'S BUSINESS DAILY and his book HOW TO MAKE MONEY IN STOCKS, INVESTING SMART is a worthwhile book. In short, this volume is a clearly written, well organized introduction of how to use IBD in stock picking. My guess is that the book was written for those who do not know too much about the newspaper; frequent readers who already fully utilize IBD's wealth of information will probably not find much here. Even so, this book still might be valuable to them as a refresher course. The only gripe I had was that the book largely seemed like a watered-down version of CANSLIM, O'Neil's renowned system to finding winning stocks. Those looking for innovative approachs to using IBD's material, hence, may be disappointed. For them, this book might have value anyway as a useful supplement to one of the best stock-trading systems in existence.
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