Investing in One Lesson
Investing In One Lesson clearly and convincingly reveals the reasons for the seemingly perverse, unpredictable nature of the stock market. It explains in one spirited, easy-to-follow lesson why stock prices fluctuate with such apparent irrationality. The perfect investment primer, Investing In One Lesson provides an introduction to everything from day trading to contrary investing to chart-based techniques. The book concludes with a comprehensive but simple investment strategy to maximize your returns without having to dedicate countless hours to researching the market.
Investing in One Lesson explains:
- Why good news for the economy is often bad news for the stock market
- Why stocks of old, established companies in shrinking industries tend to be a better investment than shares in rapidly growing firms in cutting-edge fields
- Why stock prices can suddenly skyrocket or collapse—regardless of market fundamentals
- Why initial public offerings often enrich insiders at the expense of the majority of investors
- How Wall Street is like a giant casino—and how it isn't