The Motley Fool Investment Guide: Third Edition

Informationen zum Autor Tom Gardner learned from his father how to invest, and with his brother, David, started The Motley Fool in 1993 with a mission to educate, amuse, and enrich. Today, the Fool works to empower individual investors, reaching millions every month through its website, premium services, podcasts, radio show, newspaper column, and more. With David they have coauthored several books, including You Have More Than You Think , Rule Breakers, Rule Makers, and The Motley Fool Investment Guide for Teens . Klappentext A completely revised and updated edition of an investing classic to help readers make sense of investing today, full of solid information and advice for individual investors ( The Washington Post ).Today, anyone can be an informed investor, and once you learn to tune out the hype and focus on meaningful factors, you can beat the Street. The Motley Fool Investment Guide , completely revised and updated with clear and witty explanations, deciphers all the current informationfrom evaluating individual stocks to creating a diverse investment portfoliomaking investing more approachable for beginners. David and Tom Gardner have accessible investing ideas for you, no matter how much time or money you have. This new edition of The Motley Fool Investment Guide is designed for today's investor, sophisticate and novice alike, with the latest information on: -Finding high-growth stocks that will beat the market over the long term -Identifying volatile young companies that traditional valuation measures may miss -Using online sources to locate untapped wellsprings of vital information The Motley Fool rose to fame in the 1990s, based on its early recommendations of stocks such as Amazon, PayPal, eBay, and Starbucks. Now this revised edition is tailored to help investors tackle today's market. If you've been looking for a basic book on investing in the stock market, this is it...The Gardners help empower the amateur investor with tools and strategies to beat the pros ( Chicago Tribune ). Leseprobe The Motley Fool Investment Guide: Third Edition 1 FOOL? Take heed . . . The wise may be instructed by a fool . . . You know how by the advice and counsel and prediction of fools, many kings, princes, states, and commonwealths have been preserved, several battles gained, and divers doubts of a most perplexed intricacy resolved. Rabelais The world has changed dramatically since The Motley Fool began its quest to help the world invest better in 1993. Today's individual investor is armed with more information and greaterand cheaper!access to the markets than ever before. Today, we can find a stock idea, research it online, and buy shares, all in a matter of mere moments . . . not that we think you should. But much remains the same. Investing in individual equities remains the truest path to lasting wealth. Many Wall Street brokers will argue to their last breath that you can't do it on your own. But we have clear evidencenow with a track record that spans more than twenty yearsthat individual investors can beat the market . . . so long as they can overcome a few key behavioral barriers. And yes, we're still answering questions about the name we chose for our company. So let's start there. Fool? That's certainly not a very wise choice for a name when you're trying to ply your trade in the investment world. For decades, financial professionals have done their best to sell customers on their Wisdom. Whether it's the pinstripe suit, the knowing smile, or the self-satisfied advertising slogan (one company referred to itself as Rock Solid...

Klappentext

A completely revised and updated edition of an investing classic to help readers make sense of investing today, full of “solid information and advice for individual investors” (The Washington Post).

Today, anyone can be an informed investor, and once you learn to tune out the hype and focus on meaningful factors, you can beat the Street. The Motley Fool Investment Guide, completely revised and updated with clear and witty explanations, deciphers all the current information—from evaluating individual stocks to creating a diverse investment portfolio—making investing more approachable for beginners.

David and Tom Gardner have accessible investing ideas for you, no matter how much time or money you have. This new edition of The Motley Fool Investment Guide is designed for today’s investor, sophisticate and novice alike, with the latest information on:
-Finding high-growth stocks that will beat the market over the long term
-Identifying volatile young companies that traditional valuation measures may miss
-Using online sources to locate untapped wellsprings of vital information

The Motley Fool rose to fame in the 1990s, based on its early recommendations of stocks such as Amazon, PayPal, eBay, and Starbucks. Now this revised edition is tailored to help investors tackle today’s market. “If you’ve been looking for a basic book on investing in the stock market, this is it...The Gardners help empower the amateur investor with tools and strategies to beat the pros” (Chicago Tribune).

Leseprobe
The Motley Fool Investment Guide: Third Edition

1

“FOOL”?

Take heed . . . The wise may be instructed by a fool . . . You know how by the advice and counsel and prediction of fools, many kings, princes, states, and commonwealths have been preserved, several battles gained, and divers doubts of a most perplexed intricacy resolved.

—Rabelais

The world has changed dramatically since The Motley Fool began its quest to help the world invest better in 1993. Today’s individual investor is armed with more information and greater—and cheaper!—access to the markets than ever before. Today, we can find a stock idea, research it online, and buy shares, all in a matter of mere moments . . . not that we think you should.

But much remains the same. Investing in individual equities remains the truest path to lasting wealth. Many Wall Street brokers will argue to their last breath that you can’t do it on your own. But we have clear evidence—now with a track record that spans more than twenty years—that individual investors can beat the market . . . so long as they can overcome a few key behavioral barriers.

And yes, we’re still answering questions about the name we chose for our company. So let’s start there.

Fool?

That’s certainly not a very wise choice for a name when you’re trying to ply your trade in the investment world. For decades, financial professionals have done their best to sell customers on their Wisdom. Whether it’s the pinstripe suit, the knowing smile, or the self-satisfied advertising slogan (one company referred to itself as “Rock Solid, Market Wise”), your typical broker, money manager, or financial planner has striven for an image of success, intelligence, experience, respectability—in a word, Wisdom.

And for decades, they’ve been making a fair amount of money off of fools. You know about fools. You might even have been one yourself at some point. Ever bought a stock on your dentist’s recommendation with only a vague understanding of the company’s business model? Or have you plunked down your money for shares of an under-the-radar business because an email in your inbox breathlessly proclaimed it a “can’t miss opportunity . . . bound to double from $0.04 to $0.08 because of CAN’T-MISS catalysts?” How very foolish of you. Or what about the time you snapped up shares of the International Dashed Hopes Load Fund just because your broker said it was the top performer in its category last year? Terribly, terribly foolish.

And the financial establishment thanks you.

Fo…