The Five Rules for Successful Stock Investing,
by Pat Dorsey.
If you are
looking for an intelligent and comprehensive approach to the art and
science of investing, this is your book. Further, if there is a book
that comes close to describing the actual research approach we use, this
is that book. Intelligent investing is, ultimately, rational and
sensible. While there are no mechanical formulas that will spit out the
best investments, when investors focus on detailed research and
corporations’ competitive advantages, insist on an adequate margin of
safety, hold for the long term, and understand when to sell, their odds
of success shoot upward. A basic message of this book is that
successful investing is straightforward and sensible, though not
necessarily easy. |

ISBN-13:
9780471686170
Format:
Paperback, 364pp
Pub. Date: Dec
2004
Publisher:
John Wiley & Sons
“By
resisting both the popular tendency to use gimmicks that oversimplify
securities analysis and the academic tendency to use jargon that
obfuscates common sense, Pat Dorsey has written a substantial and useful
book.”
Christopher C. Davis |