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★★★★★
A Lifetime of Advice
When I was about 20, I picked up a book called "The Only Investment Guide You'll Ever Need" by Andrew Tobias. That book opened a whole new world for me, and led to a lifelong (profitable) fascination with investing and trading. Unfortunately, I eventually lost (or tossed) that book, and have wished I could find it again, even though it is definitely outdated.
Matthew Kratter's book is the same kind of book, only, perhaps, better. He summarizes many different approaches to investing and trading, and provides solid tips and resources to get started, including some of his own books (fair enough). Whether you want to start with the blue chip world of buy-and-hold dividend collection, or try the more active world of options trading--or something in between--there is something here for you. Looking back over my highlights, I find advice as diverse as the simple "Only losers average losers" to more advanced concepts such using a stock's float to make trading decisions.
I have three boys who are entering the workforce and ready to start investing. I think I know what I'll give them for stocking stuffers this Christmas.
June 2019 · Kindle Store · verified purchase