Product Description

An updated edition of a classic that explains how to research stocks and offers easy-to-follow directions for making the correct choice. It also explains why one should focus on the fundamentals of a company, and not on its stock value fluctuations.

Product Details

• Amazon Sales Rank: #22734 in Books
• Published on: 2000-08-21
• Original language: English
• Number of items: 1
• Binding: Paperback
• 304 pages

Customer Reviews

Warning - This Hardback version is a Miniature Edition
The book "One Up on Wall Street" is a great book. I have read it before but never owned a copy. I decided to purchase this hardback copy as it was cheaper. I got a shock when it arrived. It is only a couple of inches high and a couple of inches wide. The text is still quite large so it has only 10 lines per page and about 4 words per line. As you can imagine, it doesn't contain the full text of the paperback edition. It is made up of a number of very nice little tips, but if I were you I'd buy the full paperback version of this book instead and pay the extra money.

Packed with Knowledge!
This book has become a classic of personal investment literature for good reasons. For one thing, watching Lynch lampoon Wall Street and its cadre of institutional investors is rich fun. He is, perhaps, the foremost money manager in the U.S., thanks to the success of Fidelity's multibillion-dollar Magellan Fund. Lynch says that when E.F. Hutton speaks, the average investor ought to take a nap. Although this is an updated edition, most of the content dates to "pre-bubble" 1989. As such, it offers haunting warnings about stocks with inflated price-to-earnings ratios. Warning to novice investors: Lynch is a Wharton grad who's been in the market since his college days and, as such, he tends to see stocks as simple and straightforward. Like the "Oracle of Omaha," Warren Buffett, he's a quintessential value investor who looks for undervalued companies in nuts-and-bolts industries. The difference, as Lynch puts it, is that he buys those companies' stocks, while Buffett buys those companies. We strongly recommend this book to those who govern their own portfolios.

Good read from an investment expert
Peter Lynch has all the qualities you'd want from an investor and he's not bad as a writer either. He talks at great length about the qualatative aspects of investing including portfolio balance, spotting winners and when to buy and sell and I use ideas of his in my own portfolio. I'd advise reading other books that relate more to numerical aspects of selecting shares, "Beyond the Zulu principle" being one of the best, as he is a little light in this area. Never the less, this book is a good investment for anyone who wants to or already does deal in shares.