It then reveals nine other rules mikes system follows to produce its uncanny 80% win rate picking stocks and to generate returns almost three times better than the market. Ive made about 16% in a year which, for retirement and longterm savings, is about what im looking for. If rule 1 investing resonates with you, buy the book. Im just like, little guy over in america someplace that wrote this book about investing, and this book landed on this guys shelf. Through an intriguing process that ill clarify in this book, not losing money results in making more money than you ever imagined.
Evergreen application of rule 1 investing this audiobook helped me to put into perspective the simple yet effective way to approach investing. The simple strategy for successful investing in only 15. How to always be on the right side of the market, software designer and math genius mike turner shares his simple, ingenious method for making winning stock trades. The investment hoax mutual funds are a joke and the joke is on you if you think fund managers are working hard to build your retirement account. What i found was a practical, nononsense approach to stocks that will do for investing what david bachs the automatic millionaire did for.
Does phil towns rule number 1 my personal finance journey. The simple strategy for successful investing in only 15 minutes a. Personally, i enjoyed the book quite a lot, and i think you will too if individual stock investing is of interest to you. The simple strategy for successful investing in only 15 minutes a week by phil town isbn. Rule one investing suggests that you find fundamentally strong companies, projecting longterm success.
Phil town suggests that you can tell if an analyst has got their head screwed on straight. Rule one is a nice introduction to the warren buffet benjamin graham philosophy of investing, and is written in a way that is much more easily understood than security analysis and more to the point than any of the numerous buffettology type of books. Danielle hughes, president and ceo, divine capital markets llc. It then reveals nine other rules mikes system follows to produce its. It then reveals nine other rules mikes system follows to produce. Sets out the five key numbers that really count when youre buying stocks and shares explains how to use new internet tools to simplify research shows how to exploit the advantages of being an individual investor demonstrates how to pay fifty pence for every pound. But because many people arent ready to go from mutual funds directly into trading without understanding investingfor the long term he created payback time. Did you know that warren buffett reads 500 pages per day. Welcome to the official youtube channel of phil town and the ny times bestselling book, rule 1 investing.
A rule without a private remedy icma rule book, rule 251, reproduced by permission of icma investing value investing the art of value investing pdf the art of value investing investing in bonds pdf investing in. Now, i trade in the financial markets sporadically and have spent many years learning all things finance but theoretical knowledge doesnt make you money. According to warren buffett, there are only two rules of investing. Ive been trying rule one investing based on the book and it has been working fine for me. Rule one investing is a simple, yet extremely logical approach to creating wealth through investing in corporate stocks. An old man sitting with a pile of cash, a companys eps who is probably the largest in the market, buffetts favorite ratio the return on equity and why not include return on. This is somewhat of a workbook that requires pen and paper note taking. Rich karlgaard, publisher, forbes magazine, and author of life 2. The best investors in the world use this rule to invest with certainty. However, by doing this system, i probably learned more about investing in individual stocks that i ever thought that i would. I had the pleasure of reading the book after receiving an advanced copy from crown publishers, the distributor of the book which is scheduled to be released in march. See also related to rule one investing book images below.
If you are the publisher or author of this book and feel that the. I was amazed to find out that he is a lifetime learner. Im wondering if anyone has set up a group to share good securities about to enter a. Its only fitting that some of my favorite investing books are also some of buffetts as well. The books says you use four ms to find these stocks. Buffett says that, knowledge builds up like compound interest. There after some process occurred that phil left and has started up a new process called rule 1 investing with a school called rule1u or better know as rule 1 university. How to always be on the right side of the market, software designer and math genius mike turner shares his simple method for making winning stock trades. Rule 1 summary when it comes to investing, there are only two basic rules. Investing, the 1 strategy for successful investing. Phil town rule one investing ny times best selling author, phil town is teacher of rule 1. Through the big five numbers, presents a fairly simple system. Would recommend this book to anyone who is a beginner 1 person found this helpful.
I will end up buying the hardcopy before i listen to the audio a second time. As mentioned, i feel the fundamentals are pretty well described, but after this the meaning is lost. Before i became phil town, teacher of investing principles to more than 500,000 people a year, i was a lot like you. In fun, easytounderstand words, phil town tells you how to buy quality stocks at a discount. I heard about phil towns rule 1 workshop from a colleague who trades options pretty actively in the market. Those two numbers will disqualify 99% of all of these recommendations and recommenders.
The bestselling investment guide thats taken the us by storm. Roic and equity growth rate for the recommended business. I will do this in several installments, and, just to make it clear now, i will not have anything nice to say. It then reveals nine other rules mikes system follows to. For the longest it seemed so complicated and mystical until now. Return on investment capital roic using the average annual growth rate aagr formula, apply by taking 10 year, 5 year, 3 year, and 1 year intervals. Buffetts goal for berkshire was to grow book value at 15%. Its offers a set of rules for investing not trading but investing in the right. If you found any images ed to yours, please contact us and we will remove it. If you like what you see in the book, go to the free workshop and master rule 1 investing. Yes, we may have oversimplified it, but in essence, you will find that those are the bases for each investment. What it comes down to is buying shares of companies only when the numbersand the intangiblesare on your side. Before i became phil town, teacher of investing principles to more than 5.
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