Description:
Within a 100-mile radius of you right now, computer geeks are working all hours to advance a high-tech enterprise that will make shareholders--especially the geeks themselves--very rich. Also close to home, a regional retailer is plotting a national expansion. And not far away, a local manufacturer is plotting a turnaround that will revive its fortunes. Here's the best part: you have the means to learn about and invest in these future stars of Wall Street before most anyone on Wall Street has discovered them, at least according to John Rubino, a former stock analyst for the Value Line Investment Survey. In Main Street, Not Wall Street, Rubino explains how to beat the investment pros by using the special knowledge available to you about businesses in your own city and state. By watching the local business press, working with regional brokerages, and keeping an ear cocked at cocktail parties, Rubino believes that small investors can exploit inefficiencies in the financial markets, where institutions increasingly overlook all but the largest stocks and the fashionable industries of the moment. Rubino offers tips on how to invest close to home, with appropriate warnings about not putting all of one's nest eggs in any one region's economic basket. The book includes state-by-state listings of information sources and of initial public offerings during 1997. --Barry Mitzman
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