Buffett’s 2-Step Stock Market Strategy: Know When to Buy A Stock, Become a Millionaire, Get The Highest Returns
B**O
Great book
I really like this book with I learn some strategies that help me to better understand the stock market.
C**E
Practical perspective in investing
You're not buying this book for the number of pages. You paid for the ideas, and it's worth it. It gave me a totally new, but not newly invented, perspective in investing. Let me explain. In investing, we often examine P/E, EBIT, etc. but those should be mostly ignored. What's new here is to examine the company's ability to generate CASH. Very practical and unlike P/E, it's always true. This idea is not newly invented; it's just not as widely used in investing. In fact, I use this method when I operate my business and/or look to buy business (or even equipment!). For instance, I'd ask myself what my return would be for spending such and such $$$ buying a rental house, a hotel or even a commercial vehicle. From expense directly to cash in my pocket within a time frame. Then, why not asking the same questions in investing? Just that alone, it changed the way I buy stocks. I don't chase after high-fly stocks any more. I'm investing on quality companies that actually generate cash, with optional re-investing for future growth. You got the idea! And there are tons of those companies out there to profit from.Thank you for writing this. A short, concise, and thorough book on the topic.
A**O
Good general information easy to understand
Useful for both a novice and one who is more experienced
S**E
Good read
Good read especially in this market
A**R
The Most concise book on investments
Just tells the crux of the investments. No deep dive into too many theories and it took me only 3.5 hours of my time to finish this book and get the point.Infact after reading this book, I established a checklist on how to buy a stock based on fundamentals. Will it make me an instant success? Obviously not. But you can have full confidence you made your most informed investment decision when you get the simple and obvious points from this book.Only chapter that got me off a bit is how to find the intrinsic value of the stock. The Author could have recommended some websites that help provide you that number. Other than that short, sweet and potentially a life-changing book. All the best for your investments !!
K**N
Good book. Gets into accounting equations quickly
Good book with interesting information on choosing stocks. It goes into accounting equations very quickly and it slowed me down and made me not so interested quickly.
T**Z
Easy to read and understand - but not a get-rich quick book
I am new to the stock market - and am taking a finance class in college for my BAS. I already have some investments that are doing well. I would say that are too safe. I bought this book because everyone talks about Warren Buffet and his money.The 2 step process the author describes is legit. He lengthens the steps out clearly so he answers your questions before you think about it. I really like the author's style and tone. I would like any class that he is teaching.That said, the book is not a get-rich quick book. I wasn't looking for that. I know some readers will think that you just "buy this stock" and overnight you will be rich. But that is not the case. The author shows you how to be prepared and make good decisions.I passed my book along to my colleague who is also new to the stock market.
S**L
What isn't good?
You normally buy a book after liking it in adverts or in soft or from another person or by knowing the author, therefore no surprise this book pleased us to have and read Hard copy
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