Product Description

The bestselling investment system­­ updated to help you uncover the best stocks in today's market! Since 1988, through every type of market, the bestselling How to Make Money in Stocks has shown over 1 million investors the secrets to building stock market wealth.h.

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Product Details

• Amazon Sales Rank: #23773 in Books
• Published on: 2002-06-01
• Original language: English
• Number of items: 1
• Binding: Paperback
• 288 pages

Amazon.co.uk Review
From the school of unemotional investing comes the classic How to Make Money in Stocks, by Wall Street analyst and publisher William O'Neil. Readers new to securities will find it an excellent primer, one that relies on time-honoured indicators such as quarterly earnings, market capitalization and daily indexes. O'Neil's study of winning stocks stretches back to the 1960s and he shares his insights here, describing what characterizes a growth stock, when to cut your losses (at seven or eight percent, no more) and how to spot a market top.

The techniques in How to Make Money in Stocks are hardly revolutionary but therein lies their strength, as O'Neil claims his is "a winning system in good times or bad." Investors interested in Net stocks might be disappointed--the author's first rule is that a company must show a pattern of growing profits, which disqualifies many dot coms. O'Neil's approach to stocks is, above all, rational and he pays little heed to market hype.

Those new to investing would do well to read this book before embarking, and even more seasoned traders may find How to Make Money in Stocks a refreshing return to basics. Markets may swing bull and bear but O'Neil promises to stand firm. --Demian McLean, Amazon.com

From the Author
Anyone can succeed in the market with this proven system
Have you ever wondered about the REAL reasons some investors make a lot of money in the market - and yet others don't do so well? Everyone wants to pick the best stocks and make a lot of money. How do you find the strongest stocks and yet minimize your risk? And if you do select winning stocks, when is the best time to take a profit? How do you deal with the ups and downs of the market and stay balanced and unemotional? "How To Make Money in Stocks" answers those questions. I believe this book is for the novice investor as well as the professional. The CAN SLIM Investment Strategy which is outlined, grew out of an on-going study of the most successful stock market winners dating back to 1953. I've spent more than 45 years researching what works - and what doesn't - in investing. That quest turned into a very rewarding road, filled with many important revelations, and some of them might surprise you. Seven key characteristics kept appearing in EVERY winning stock BEFORE they made their major price moves. The CAN SLIM approach (an acronym for the 7 traits) is based on how the market actually works...not someone's theory or the latest investing fad. CAN SLIM continues to hold up in every market cycle each year - and finally gives you, the investor, exactly what you need to look for each time you buy or sell. I've always felt it is possible for anyone to make money in the market with the right information. That's why I created "Investor's Business Daily"...to make sure investors, for the first time, had the CAN SLIM facts so crucial to picking winning stocks. I'd like those of you who read this book to know it was written for YOU. The opening line of this book reads: "Success in a free country is simple. Get a job, get an education, and learn to save and invest wisely. Anyone can do it. You can do it." It is with great pleasure that I dedicate this book to those of you who choose to succeed and make your dreams come true. I've spent many years refining this rule-based investing strategy, and now pass it on to each of you. It is remarkable that there IS a way to succeed if you make a committed choice - and take the necessary steps outlined. Don't ever give up and believe me, you CAN do it! You'll find investing successfully is very liberating. The only stronghold that will remain is what to do with your profits! Best of luck to each of you as you pursue your own investing goals. Please drop me a line after you've read this book and had a chance to actually see for yourself that investing can work for you too!

From the Back Cover

The bestselling investment system­­updated to help you uncover the best stocks in today's market!

Since 1988, through every type of market, the bestselling How to Make Money in Stocks has shown over 1 million investors the secrets to building stock market wealth. Author William J. O'Neil's powerful CAN SLIM‘ investment modeling system­­based on an exhaustive study of the greatest stock market winners dating back to 1953­­is a straightforward, 7-step process for minimizing risk, maximizing return, and finding stocks that are poised to perform. In addition, this revised and updated third edition provides you with:

• Expanded coverage of Nasdaq and mutual fund investing
• Techniques for reading charts, trading on news, and more
• Strategies to avoid the 19 most common investor mistakes

Praise for previous editions ...

"The most useful stock market book in years."

­­Management Accounting

"In O'Neil's opinion, a stock isn't unlike a car or a set of golf clubs­­you have to pay for quality. A winning system."

­­Personal Investor

"A superb book, spelling out his investment strategies in plain English and O'Neilisms."

­­San Francisco Business

"His very good advice comprises a mixture of three parts common sense and one part technical knowledge."

­­The American Spectator

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Customer Reviews

Surprisingly good book.
I was a little sceptical about this book before I bought it. The large tabloid style typeface on the front cover and the name itself reminded me of some sort of 'get rich quick' scheme.
I couldn't have been more wrong. CAN SLIM is an ultra conservative system based on fundamental trading. You're taught to cut the guesswork out of your stock picking and really understand about why shares go up and down. I particularly liked the sections on minimising your losses. Following the books rules you will never get wiped out and will always survive to trade another day.
I learned an awful lot from this book and I can recommend it to beginners and more advanced traders alike. Great stuff.

The Best Stock Investing Book for the Average Investor
Mr. O'Neil has written a modern classic, one that will be read for decades to come.

During a period of market mania or depression, his practical advice will steer you toward timeless principles of successful investing.

I found the book to be clear and accurate, a combination that seldom occurs in investing books. I have reread this book several times, and have learned much from each rereading. One of the book's strengths is to help you understand how much to pay for a rapidly-growing stock. Momentum stock investors: Be sure to read this book.

The benefits of this book are enhanced by also reading Investors Business Daily.

THIS BOOK SHOULD OWNED BY ALL INVESTORS
I have read about a dozen books on how to invest in stocks. And I'm here to tell you, this is undoubtedly the best. The man has been there done it. Whatever mistakes you've made in buying and selling stocks, he's done it. And in this book, he is passing along his wisdom so that you can learn from his past mistakes and get on the road success. If you haven't been beating the market averages and making a lot of money in the last few years, then it's because you are not following William O'Neil's CANSLIM method. CANSLIM is an acronym that defines his trading principles. These principles are the active ingredients that make a stock rise. Take it from me, give up on your hit and miss approach to investing. Begin today on his sound and proven methods of investing and you'll soon be glad you did. Do you know anybody who have lost or is down more than 50% of their trading capital on a stock? I do. Many of my co-workers have ridden stocks down to over a 70% lost. Now they are stuck in a stock or stocks they can't afford to sell. And worst of all, they are stuck when the market averages are soaring to heights. (That's gotta hurt. I know. I've been there). O'Neil methods won't let this happen to you.

To be honest, I was a slow learner too. So,let me take you back a little bit. I first picked up this book in '92, read it, got excited but then went back to doing it my way. I picked it up again in '94, read it and made a note in the book that a company stock called DELL fit the profile of his CANSLIM methods, set the book down, forgot about it and went back to doing things my way. (Didn't buy DELL in '94) Finally, early last year of '98, I again picked up the book and read it. This time I saw a little note that I had written in the book in '94 about DELL and thought to myself 'why was I so stubborn' about 'doing it my way' that I missed out on so much valuable time and money. Since then, I've bought the stock and a few others that have catapuled my portfolio balance to over 200%. Now that feels real good.

Like me for the first time, you'll probably understand most of what he says in the book but you may not relate to what he says entirely until you've been practing or 'getting your feet wet' in the stock market for a little while. Since buying and selling stocks is not a perfect science but rather an art, you will need to go back and reread the book many times over while you're in the market before you'll truly 'get it'.

My only critism about his CANSLIM method is that he steers you towards buying stocks with a low number of floating shares which indicate small to mid cap stocks because he says these stocks have the greatest upside potential. I disagree because hitech stocks like Dell, Microsoft, AOL, and Cisco that have gone global can still grow very rapidly if not faster than some of the small guys.

Other than that, armed with this book and his Investors Business Daily, you'll be able to achieve the returns that you've always wanted.