Home
Home | Reviews | Investment Books
The Big Money: Seven Steps to Picking Great Stocks and Finding Financial Security By Frederick R. Kobrick 309 pages In this book, veteran stock picker and mutual fund manager Fred Kobrick draws on his decades of success to explain his Seven Steps to financial security in any investing climate. This book is dedicated more to the art of investing than to the mathmatics of investing. It is for anyone who wants a clear, simple way to build up mutual funds and investments. The author shows investors how to find the high-quality stocks that will make them wealthy. A stock portfolio needs only a few stocks that appreciate in value ten or twenty times, or one or two stocks that appreciate in value a hundred times or more. He describes how he found some of his most successful stocks by following simple two key strategies: * BASM, which stands for Business Model, Assumptions, Strategy and Management; and * Seven steps to successful investing He explains that the average investor should not try to emulate a stock analyst or a technician to find great stocks that will generate great wealth. Instead investors must recognize great companies early -- by understanding their business model, identifying their assumptions, recognizing their business strategy, and evaluating their management. Those four factors are the cornerstone of his investing philosophy. Great managements grow companies and earnings, driving stock prices higher. Kobrick also offers some tried-and-tested ways to know when you have a winner you should hold, and when you should sell. Throughout the book, the author describes some of his biggest successes -- as well as a few stocks he missed. His stories about these companies are insightful and frequently entertaining. In bull and bear markets, from retail to high tech, he has prospered. His stories and his Seven Steps to financial success will show investors what they need to know to do the same thing -- prosper in any investing climate. This is a refreshing book with a totally new approach to eliminating fears and other complex obstacles faced by new investors. Get a copy of this book "The Big Money: Seven Steps to Picking Great Stocks and Finding Financial Security" now and have your own guide to picking winning stocks.
Article Source: http://www.wealthmountains.com/articles
About the Author Keith Choy runs the WealthMountains Personal Finance Portal which offers tips, tools and news on path to multiple streams of income. To get the latest news, do signup for his WealthMountains eZine at www.wealthmountains.com/news.
Please Rate this Article
5 out of 54 out of 53 out of 52 out of 51 out of 5
Not yet Rated
