Beating the Street Paperback – May 25 1994
|New from||Used from|
Frequently bought together
Customers who viewed this item also viewed
No Kindle device required. Download one of the Free Kindle apps to start reading Kindle books on your smartphone, tablet, and computer.
To get the free app, enter your mobile phone number.
- Item Weight : 270 g
- Paperback : 336 pages
- ISBN-10 : 0671891634
- ISBN-13 : 978-0671891633
- Product Dimensions : 13.97 x 2.03 x 21.43 cm
- Publisher : Simon & Schuster (May 25 1994)
- Language: : English
- Best Sellers Rank: #5,284 in Books (See Top 100 in Books)
- Customer Reviews:
Lynch's basic message in Beating the Street is quite Foolish--you, an individual, can actually find great stocks before Wall Street does. Using a combination of intelligence, reflection, perseverance and discipline, it is possible for the average person to uncover great investments. Although many mistakenly boil Lynch down to "buy what you like," his real point of view is that products and services you use and enjoy are often provided by excellent companies. If you research these companies and find out whether or not the stock that corresponds to them is priced favorably, you have an outstanding chance at compounding market-beating returns. Although much is made of Lynch's connection to Magellan, I found the most helpful parts of the book were Lynch's lucid descriptions of various companies with superior products or services and what happened to the stock. Like little morality plays, these small dramas of stock picking are rich with useful details applicable to anyone's style of portfolio management. Also, Lynch's description of how he turned his wife's IRA into a million-dollar account by focused investing in the undervalued shares of Federal National Mortgage Association (NYSE: FNM) serves as an example of how a focused portfolio of only a few stocks can create fantastic wealth. -- The Motley Fool, Randy Befumo
About the Author
John Rothchild was formerly a financial columnist for Time and Fortune magazines.
More items to explore
Top reviews from Canada
There was a problem filtering reviews right now. Please try again later.
Top reviews from other countries
Although written almost two decades ago, book is still relevant and Lynch’s strategy can be easily applied to modern stocks.
I very much enjoyed this tale and the wisdom he imparts - worthwhile for anyone who wants to make money in the Stock Market.