Rating: 
Summary: Illuminating!!!
Review: A must read for anyone who cares about their financial future. The cloud of confusion that shrouds Wall Street has been blown away. Finally, a simple, easy to understand investment guide that gives actionable advice. Forget about the 5,000 mutual funds that consistently underperform the market. Forget about this year's genius or this year's hot fund. Follow a discipline and stick to it through thick or thin. Thanks, O'Shaughnessy. This book summarizes everything I've learned about investing over the years, but, of course, not yet acted upon. That will change. ----Three things to count in life: death, taxes, and dismal stock market returns without an invesment strategy!----
Rating:
Summary: Reasonable Runaways performance update...
Review: A truly amazing strategy. I recently concluded tracking a 25-stock Reasonable Runaways strategy and the results are eye-popping. The portfolio turned in a 77.81% return dating from November 8th, 2002 thru November 7th, 2003. I will be putting real money to work now that I was able to see it with my own eyes...
Rating:
Summary: Reasonable Runaways performance update...
Review: A truly amazing strategy. I recently concluded tracking a 25-stock Reasonable Runaways strategy and the results are eye-popping. The portfolio turned in a 77.81% return dating from November 8th, 2002 thru November 7th, 2003. I will be putting real money to work now that I was able to see it with my own eyes...
Rating:
Summary: Absolutely indispensable, will rank with O'Higgins BTD
Review: An extraordinary book that many should read and act on. Like Mr O'Higgins Beating the Dow, it offers the small investor a time tested method to invest in the stock market. It is absolutely packed with investing advice and observations, ie staying in the market is 90% of the battle!Also,"I don't know whether the next 15% market move will be up or down but I guarantee the next 100% move will be up!" Buy this book.
Rating:
Summary: I am buying one of these books for each member of my family.
Review: As an avid reader and a novice investor I could not put the book down. The information was clear and very understandable. I immediately went on line and was able to pull up the 50 stocks I will be using for Reasonable Runaways. My goal was to self manage my 401k. This has given me the tools to do so. I'm in it for the long term so will let you know in 25 years how the strategy worked. I feel strongly enough about the concept to share it with all my friends and family. Wouldn't it be fun to grow wealthy together???I have also read "What Works on Wall Street". If you must chose between the two "How to Retire Rich" is the better book in my opinion. "What Works" does provide reinforcement of the ideas if that is important to you.
Rating: 
Summary: You can retire rich
Review: For the cost of your daily café latte or a couple of video rentals and an hour of your time a year, you can retire rich. There are simple, easy-to-follow investment strategies that, when followed, can help you retire seriously rich. By looking at 46 years of stock market data, I uncovered revolutionary strategies that can, when used properly, make a huge difference in your net worth as you save for your retirement. Most of these strategies are so simple they can fit on the back of a business card. They are easy to understand and completely objective. Because they have been tested over long periods of time, you can trust that they should continue to provide excellent returns in the future. Most importantly, they leave nothing to chance. You don't have to have inside information, know what Wall Street gurus think about the stock or what the company president is telling people about the prospects for his company. That's because all these strategies focus on the facts, not the fluff. And they prove that, to paraphrase Woody Allen(who said that 80 percent of success is just showing up), 95 percent of stock market success is just staying fully invested in the market using a superior investment strategy. Let's say you're 40 years old and haven't saved any money yet. Rather than panic, take action. Forgo your daily café latte and muffin and put the five and a half bucks you save into an IRA account (And if you and your spouse make less than $160,000 a year, make it a Roth IRA account.). At the end of each year, besides all the calories saved, you'll have added $2,000 to your account. If all you did was invest your money in the ten highest-yielding stocks from the well-known Dow Jones Industrial Average and earned returns similar to the last 45 years, by age 65 you'd have more than $530,000 in your IRA! Just by saving 5 and a half dollars a day! Are you willing to take a bit more risk? The Reasonable Runaways strategy featured in How to Retire Rich would turn your savings into nearly one million dollars! But it's essential to start saving today. The sooner you start investing, the richer you'll be when you retire. But isn't the stock market risky, you ask? Indeed, on a day-to-day basis the stock market can appear risky, but it's not in the long run. Over the last 46 years, neither of these simple strategies ever had a ten-year period where they failed to do better than Treasury bills, which pay a rate of interest similar to what you'd get at the bank. It can be hard to jump feet first into the stock market. The hardest time to make an investment is now, whenever now happens to be. But the biggest mistake you'll ever make is to delay and delay and delay. Yes, the market could go down next year, but what if it goes up 25 percent the year after that and the year after that? If the market's current gyrations scare you, focus on what should terrify you-hitting age 65 and not having any money. If you don't save your money and invest it in the stock market, you'll never retire rich. Does the stock market crash of 1987 keep you up at nights? Do you get the jitters over the 1973-74 bear market where stocks lost almost half their value? Of course not you say. Why should I be worried about those events from the past? The point is, of course, that we don't get nervous about past stock market gyrations. And ten, fifteen or twenty years from now, you'll feel the same way about today's events. You won't give a rip about the Asian crisis then. But you'll care deeply about how much money you've managed to save and invest for your retirement. Your happiness and wealth tomorrow depend on your diligence today. Act now, stay the course and retire rich.
Rating: 
Summary: Started good, but then...
Review: I don't know how to take this book. On the positive side, it offers seemingly reasonable investment strategies for inexperienced investors. At worst, the strategies are thought provoking. At best, they may be providing strategies that will make alot of people retire rich. On the negative side, I am skeptical of the author's intentions of writing this book. He sells mutual funds that implement the strategies (which is not necessarily a bad thing), but the funds have yearly fees of 1.5% each! That is very high for a passive fund. Why so high? All of a sudden, I want to stop reading. Finally, the book didn't teach me 250+ pages of info. It may be good for the new investor, but for one like me that has read a few books (but not done alot yet), it didn't offer alot of new insight. (I just can't get that 1.5% out of my head...)
Rating: 
Summary: Good, but...
Review: I first read this book about 2 years ago and decided to put the Rational Runaways strategy to the test. After about three months, most of the stocks were up and the portfolio as a whole was up about 15%. Then, one by one, the majority of the stocks faded, then crashed. After a year, I was down about 15%. I decided to combine O'Shaugnessy's strategy with William O'Neill's, plus the considerable information available from Technical Analysis of Stock Trends, by Edwards and Magee. I pick stocks that meet O'Shaugnessy's criteria, that are also in solid uptrends. I sell them when they begin to trend down. Half of my stocks have gone up, half down. I've sold the losers for an average loss of 10%, the winners for an average gain of 25%. My average holding time is 3 months. I've been doing a bit better than 30% per year, and these are not net stocks or dot.coms. These are companies with real and growing earnings, reasonable pe ratios and low ps ratios. It's easy to mistake a bull market for genius, but so far, I believe I've found a strategy that will do well in any market environment.
Rating:
Summary: A great book to understand investing & mutual funds!
Review: I found this book to provide easy to understand concepts and it made logical and mathematical sense. He also promotes long term investing and there is no quick fix! As a result of reading this book I have invested more in his funds and indexing type funds. This is the only book you need to get started with your plan for retirement.
Rating:
Summary: Good info, but let's use the Net to keep the info current.
Review: I liked the simple strategies, but when I tried to access Researchnet, Reuters had acquired it. Where's the "free info" now? Let's keep the information and concept current!!
|
