I was made aware of this fine performance via the large scrapbook sent to my office, in which the seventh graders not only listed their top-rated selections, but drew pictures of each one. Often Intelligent Investor is recommended as the starting book when you are starting to invest, but I beg to differ and would recommend this as a starter.

In the latter part of the book, he describes how he goes about finding winners in the different sectors of the market aka "walking the talk". He maintains that the average intelligent investor can do better than most professional money managers using his methods. Their favorite Pentech product, with a marker on one end and a highlighter on the other, was introduced into the class by Ms.I gave this book 3 stars as I had several difficulties in relating to the examples that were given in the book. In response to my visit to this 100-year-old institution, which offers classes from kindergarten through eighth grade, I received a cassette tape the students had recorded.

They got to the others as follows: Wal-Mart because they were shown a videotaped segment of "Lifestyles of the Rich and Famous" that featured Wal-Mart's founder, Sam Walton, talking about how investing benefits the economy; NYNEX and Mobil because of their excellent dividends; Food Lion, Inc. Many old-fashioned brokers were students of a particular industry, or a particular handful of companies, and could help teach clients the ins and outs. Peter Lynch managed the Fidelity Magellan Fund from 1977 to 1990 when it was one of the most successful mutual-funds of all time. Images Donate icon An illustration of a heart shape Donate Ellipses icon An illustration of text ellipses.Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal. The concepts taught by professors at school were regularly disproved by professionals during his internship at Fidelity. He reviews many fundamental concepts in psychology and statistics (regression to the mean, the narrative fallacy, the optimistic bias), showing how they relate to his overall concerns about how we think and why we make the decisions that we do. The author then explores the nuances of our two-system minds, showing how they perform in various situations. Kahneman continually refers to System 2 as “lazy”: We don’t want to think rigorously about something.

Somewhere down the road they get a tip from Uncle Harry, or they overhear a conversation on a bus, or they read something in a magazine and decide to take a flier on a dubious prospect, with their "play" money. May be a bit technical when it comes to financial ratios and analysis, but understandable even for new investors. Some of the later chapters (dealing with risk-taking and statistics and probabilities) are denser than others (some readers may resent such demands on System 2! Trong đây, Peter Lynch (Nhà đầu tư huyền thoại đạt mức tăng trưởng >20%/năm trong hơn 20 năm, chỉ có Buffett là cạnh tranh được với con số này) đã đúc kết kinh nghiệm đầu tư của ông thành các công thức ngắn gọn, dạng như: Ta nên đầu tư vào các công ty công thoái vốn,.

This book can be consider as a follow up to his another book One up on wall street in which mostly he focused how an amateur investor can use their "edge' in investing and can do more better in this supposedly field known to be handled by only "professionals". There’s no reason the individual investor can’t match wits with the experts, and this book will show you how. By getting people outside, socialising, and exploring their local area, Beat the Street makes being active fun no matter how fit you are,” said our executive director for children, young people and tackling inactivity, Mike Diaper.