Magnet Investing: Build a Portfolio and Pick Winning Stocks Using Your Home Computer

Rating:
Summary: A "must" for every investor's library
Review: Wow-this book really simplifies the stock selection process. I'm an experienced investor who has lost money in pure momentum stocks. I see this guy on CNBC and Bloomberg quite a bit and he seems to know his stuff. I agree with Standard & Poor's great endorsement "Magnet Investing provides an insightful look into the stock selection process. It will be a great boost to professional investors, as well as ones that only dabble in stocks." The first several chapters teach investors how to develop a disciplined approach to the market and then describes a new trademarked system that selects stocks based on a well defined set of criteria, combining value and momentum. If you have a PC, you can access this program through Telescan or set it up with another screening service. Then, with the click of your mouse, you can pick a pool of stocks that have the potential to be great performers. The system has averaged a 30% return per year over the past ten years. The trial CD from Telescan is an added bonus. I think the author's system is one of the best I've seen.