Prepares investors to tak
Trade Review
“If you are looking for a book that explains how to screen stocks for a long-term investment, then start with Wisdom on Value Investing. You'll find it as entertaining as it is informative. His tips just might make you a bundle of money, or protect you from costly mistakes.”
—Thomas Bulkowski, thepatternsite.com, October 2009 “ … I liked this book because it presented value investing in a way that wasn’t intimidating. It touched on a lot of investing topics, such as portfolio management and categorizing Fallen Angels, and subjects I haven’t even mentioned and does so in a very casual and conversational way.”
— Jim Wang, bargaineering.com, January 2010
"You really can become a better investor if you pay attention to fundamentals, and look for investments that are underpriced but have good upside potential. You may not score big in a year or two, but you are more likely to see steady gains over the years if you employ some of the techniques in Wisdom's book." ”
— Miranda Marquit, AllBusiness.com, February 2010
Table of Contents
Foreword ix
Preface xi
Acknowledgments xv
Chapter 1 Ten Traits of The World’s Greatest Bargain Hunters 1
Chapter 2 Fallen, Not Falling (An Important Distinction) 15
Chapter 3 Great Moments in Bottom Fishing: The Fallen Angels Hall of Fame 29
Chapter 4 Buy CATS (Cheap and Timely Securities), Avoid Dogs 35
Chapter 5 Cycles and Wall Street’s Wheel of Fortune 45
Chapter 6 Who Wants to Be a Billionaire? 57
Chapter 7 Time Arbitrage, The Rational Investor’s Ally 69
Chapter 8 The Pilot’s Checklist For Safe and Effective Investing 77
Chapter 9 The Science of Demographics: A Glimpse into the Future 87
Chapter 10 How to Pick Stocks: The Fallen Angels Formula 95
Chapter 11 Profit from Panic, Corrections, and Volatility 107
Chapter 12 The Little Chapter that Makes You a Better Investor 119
Chapter 13 Will You Know When to Sell? 131
Chapter 14 Real Estate: The Other Fallen Angel Opportunity 145
Chapter 15 Ten Fallen Angels for the Next Five Years 155
Chapter 16 Stocks and Bonds and Rock and Roll: My Story 163
Appendix: Recommended Books, Web Sites, and Helpful Sources 169
About the Authors 173
Index 175