Bests & Worsts Reviews from Amazon

according to people

108
people found this helpful, as of 2023
ranked #245,067 most helpful out of 571,544,897 reviews
★☆☆☆☆
Why Not To Buy This Book
There are a lot of reasons why not to purchase this book. The short and simple is that it completely lacks credibility, it is poorly written, it is a sales pitch for further services from the author's website, and there are much better books available from credible authors and free and widely-used websites. I am not going to say that I have read 50+ books on trading or some junk like that, but I have read roughly ten books on investments, stock trading, and insurance. I read IBD and on occasion the Wall Street Journal. I also have my doctorate, so I have been trained to properly site and research from credible sources. There are many red flags throughout this book that signal the author is not credible. The book is written in an unprofessional tone. He writes in the first person and continuously praises himself for making good stock picks and caring about his readers. After awhile it becomes obvious that the author is conceited and probably lying. The author gives some advise on how to properly evaluate stocks using the principles of fundamental and technical analysis, but he does not go into detail. Instead he spends the bulk of the book telling past stories about his successful investing career. Another red flag in this book is that the author is trying to sell more services via his website. The book reads like a huge sales pitch and ends with the author selling services to his email list. Think about it for a minute. If you had the ability to predict the stock market you would not waste time selling a cheap email list to others promoting which stocks to buy. Instead you would be purchasing stocks and making money. For example, many of the most successful investors of all time, such as Warren Buffett and Peter Lynch do not send out emails to paying customers promoting which stocks to buy, instead they made hundreds of millions, or in the case of Mr. Buffett, billions in the stock market. This publication lacks a credible publisher. I looked all over the book for a publisher and couldn't find it printed anywhere. On amazon the publisher is listed as "CreateSpace." It appears to me that the author is paying for this book to be published or he has teamed up with a small, and not credible publishing house to publish this book. Lastly, I must say that I cannot find any credible information regarding this author on the internet. His exploits are obviously detailed on his website and in his book, but I can't find any credible websites that list his previous performance or analyst opinion. If you want to read credible books about investing I recommend you read books written by tried and true masters of the stock market that you can find information about all over the net such as Benjamin Graham, Peter Lynch, John Bogle, William O'Niel, or Warren Buffett's annual letter, which you can find on his website for free. If you're looking for a book that will give you the tools to understand stock analysis, such as technical and fundamental analysis, then I recommend any of the Dummies guides to investing, trading, and insurance. I personally really like "The Boglehead Guide To Investing" by Taylor Larimore, "The Neatest Little Guide To Stock Market Investing" by Jason Kelly, and also William O'Niel's "How To Make Money In The Stock Market." For those of you who don't know Mr. O'Niel he is the founder of Investor's Business Daily. Those books all have credible publishers you may have heard of before, such as McGraw Hill and Wiley. You should also check out [...]. It has a wealth of information and best of all it's free and not selling anything! To stay up to date with current stocks I'd use Yahoo Finance and StockCarts.com. Both are free for most of their services. I realize some of my review goes beyond the scope of simply reviewing this book, but I feel that this book is so bad that I wanted to offer some better alternates to any new investors who stumble across my review. If you want to see how scam-like this product is just check out the author's website, [...]. It is a complete sales pitch for his book and email newsletter. This kind of garbage makes me sickly angry. I don't know how I could prove it, but I'm nearly certain that most of the reviews on this book must be fake or written by people who have honestly no idea what information for investors is available. Good Luck in all your future investments.
February 2011 · Books
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