Synopses & Reviews
FROM THE AUTHOR OF THE BUSINESSWEEK, USA TODAY, AND WALL STREET JOURNAL BUSINESS BESTSELLER HOW TO MAKE MONEY IN STOCKS!
Simple-to-follow strategies for making--and keeping--profits in today's perilous stock market
More than 80 million investors lost 50 to 80 percent of their savings in the recent stock market crash. Investor's Business Daily publisher William J. O'Neil, however, was one of the first to see--and warn investors about--the dangers inherent in what had been, up to that point, a historic bull market run. Those who followed his counsel were able to sidestep devastating losses and emerge with their sizable bull market profits largely intact.
In The Successful Investor, O'Neil steps up to tell all investors how they can make money and, more important, avoid losses in up markets, down markets, and everything in between. Showing how mistakes made in the recent market collapse were amazingly similar to those made in previous down cycles, O'Neil reveals simple steps investors can follow to avoid costly mistakes and:
- Buy only the best stocks at only the best times
- Follow a market-tested 3-to-1 Profit-and-Loss Percentage Plan
- Know when to sell for the biggest possible profit
- Recognize chart patterns that presage enormous market moves
- Manage a portfolio over time to maximize its returns
William O'Neil has succeeded in virtually every market environment by following a stable, nonemotional investment plan. In his latest book, O'Neil explains how anyone can follow that plan to become a profitable long-term investor, regardless of market tides or turns.
The Successful Investor will bring reason and welcome relief to all investors buffeted and bewildered by the perils and uncertainty of today's stock market.
Strategies for making and keeping profits in today's perilous stock market from the founder and chairman of Investor's Business Daily.
O'Neil steps up to tell all investors how they can make money and avoid losses in up markets, down markets, and everything in between. Showing how mistakes made in the recent market collapse were similar to those in previous down cycles, O'Neil reveals simple steps investors can follow to avoid costly mistakes.
Commonsense Strategies for Making--and Keeping--Money In Today's High-Risk, High-Reward Stock Market
In today's fast-paced, every-investor-for-himself financial marketplace, it's sometimes hard to tell whose advice you can trust. Still, each day, smart investors around the world choose to trust William J. O'Neil, publisher of Investor's Business Daily and author of the million-plus bestseller How to Make Money in Stocks?
Why? Because Bill O'Neil knows better than most how to win on Wall Street--and is legendary for sharing his secrets with anyone who will listen.
In The Successful Investor, O'Neil outlines how independent investors can move with the market instead of against it, and increase their profits by relying on sound, time-tested rules instead of hot tips and irrational greed. Let The Successful Investor show you how to:
- Buy only the best stocks at only the best times
- Recognize chart patterns that presage enormous stock moves, both up and down
- Manage your portfolio over time to maximize its returns
Bill O'Neil will be the first to admit that he has no inside knowledge about what will happen in tomorrow's market. What he does know how to do is profit if the market goes up, and keep from losing those profits when the markets head south. In The Successful Investor, O'Neil reveals what his decades in the market have taught him, and outlines a stable, nonemotional investment plan designed to comfort and protect investors buffeted and bewildered by the today's tumultuous stock market.
This guide offers simple steps investors can follow to earn back what they've lost and to build a portfolio that withstands any fluctuation in the market. Amongst other things, readers learn how to understand a stock's potential by watching its performance during its earliest stage.
About the Author
William J. O'Neil is the founder and chairman of Investor's Business Daily and the author of the million-copy best-seller How to Make Money in Stocks. Born in Oklahoma and raised in Texas, William J. O'Neil began his investment career as a stockbroker. He started investing with less than $500, but through continued study, mistakes, and a desire to find out exactly how the stock market really worked, O'Neil realized a 20-fold increase in his own account in 26 months from October 1962 to December 1964. He then purchased a set on the New York Stock Exchange and opened his own investment management and research firm, William O'Neil + Co., Incorporated, at the age of 30. Founded in 1963, William O'Neil + Co. was the first to create a computerized stock-market database, which is used today by over 400 major U.S. institutions across the country, including banks, insurance companies, pension and mutual funds, corporations, and government organizations. O'Neil wanted to provide individuals with the same critical data the professionals use in order to make smarter investment decisions so he launched Investor's Business Daily in 1984. By virtue of a proprietary contract with William O'Neil + Co., Investor's Business Daily is able to access the historical securities database for use in publication of the newspaper.