One Up On Wall Street
A**T
A must read for all investors
Great writing (clear, concise, and thorough) & great material. Look elsewhere if you are looking to (a) time the market, (b) find the "holy grail" to investing, (c) day trade, and (d) make money fast.But if you want clear, no non-sense material on how Peter became one of the greatest and most successful investors then read this book. The material is relevant to today (2018) and will likely continue its relevance as long as behavioral finance remains relevant. One key point that stuck with me is how nobody knows what will happen in the market and the only thing a person can do is to place the odds significantly in her favor.Peter does a create job showing hon "smart money" and Wall Street in general (along with its news, analysts, & price targets) is all hogwash.A must read for all investors - especially those starting out (so you can avoid blowing up your account) but equally important for intermediate to experienced investors to remind them to keep the odds in their favor (& not blow their account).
S**Z
Investor Must Read
Considered a top 5 classic in investment world.
M**T
Good book for someone with a basic understanding of the stock market
One Up on Wall Street is an easy, conversational read. The stories Peter Lynch tells about his own experiences are helpful to gain an understanding of where he is coming from regarding his view of the stock market. I gained valuable tips for which stocks to avoid, which factors to look for, when to consider selling, and when to buy. It seems consistent with other things I've read regarding the stock market but this book is a little more practical than the others.Caution: This book assumes that you have at least a basic understanding of the terminology of the stock market, including options, shorts, etc. I struggled a bit with some of the concepts because of this.What I liked about the book was the encouragement to invest in research and personal development and most of all to remain patient. Those are things that don't cost a lot of money and so anyone can get started and be successful with the stock market.
A**R
Excellent addition to any investor's book collection.
You know a book is great when you read it front to back non-stop in one sitting. This is was one of those books.I wish I had discovered this book much earlier in my investment career. Despite reading this book in 2021, I found the ideas expressed to be very much applicable in today's market environment. Peter Lynch expresses his thoughts and ideas concisely and in a very succinct manner that makes it both useful to both newcomers and veteran investors.
B**S
Much more harm than good.
This book purports that anyone can beat professional investors with a few hours of work on a particular stock, once a good candidate is identified. However this is nonsense -- like any enterprise, success in active investing is highly correlated with the amount of time and energy one devotes to it.Instead anyone could beat many professional investors with almost no effort by sticking with a passive Bogle / Mr. Money Mustache approach of using only a total market index fund. Such an approach is absent from this book.One of the first "lessons" in this book is to ignore the rest of the stock market when selecting individual stocks. However in the much more timeless "Reminiscences of a Stock Operator," Jesse Livermore stresses the importance of first establishing whether or not one is in a bull or bear market. This is because *all* stocks tend to rise in a bull market and fall in a bear. Livermore recognized this almost 100 years earlier, and it is still applicable today!For real advice for full-time active traders/investors, I instead recommend "Market Wizards." Schwager's interviews cover important lessons in risk control and discipline.
F**S
The Best for Common Sense Investing
For those new to the stock market (I began 50 years ago, after writing a 30-page paper on it as a high school sophomore), this is the one book I would recommend. I think the 1989 original is the one to read -- later editions, maybe not. Lynch was a genius at picking stocks, and his advice is plain, simple, and down-to-earth. If you follow it -- and ignore virtually everything else -- you will outperform the market. And in the meantime, you will have an entertaining book to read.
G**S
A must read
This was a very good book. It was easy to read, interesting, and made a lot of sense. Like a lot of investment books, it doesn't say exactly what to do, but then, if it were that easy, that's what the books would say. But this book is one of those you read and tell youself "I know a bit more about what tends to work, and what doesn't, and I'm getting a little closer to getting it". I have a long way to go, but this is a book I'm glad I read. It never hurts to learn from someone with a proven track record. As Tony Robbins would say, "Find someone who is successful at what you want to do, learn what they do, and then do that". Good advice, Tony. And good advice, Peter Lynch.
R**X
Excellent read
This book was written in the 80s so there are several items that are obviously dated, but the overall scope and educational lessons are still evident today. The language is very user friendly and whenever investing jargon is used the writer thoroughly explains the meaning in a simple form. Excellent read.
D**L
One Up on Wall Street
I cannot wait to download this lovely knowledge
H**A
Best book to understand markets
Very simple and nicely articulated
V**S
Very entertaining and helpful.
It’s one of the must read books in investing. I recommend 100%. It’s a very easy read and full of practical tips.
S**N
Like Benjamin Graham but more entertaining
Mr. Lynch covers the ground in The Intelligent Investor but with more humor. Informative and amusing. One two three four. (4 more words required, it said. Unglaublich!)
G**R
Gem for your collection
Good book must read for stock investor. Insider trading data is also important while picking of any stock. There are many thing you can explore from this book for stock mkt.
Trustpilot
3 days ago
4 days ago