Comment by the author: “This is about my life as a stock market speculator. And my gradual transformation from a conservative blue-chip investor into a steely eyed, riverboat gambler with nerves of steel. Who found what he was looking for in the strange and wondrous world of micro-cap investing. Allow me to introduce you into my world. A world where you can make a fortune on a chump-change investment.”
5.0 out of 5 stars
Great book! A must for newbie penny stock investors.
FORTY YEARS A SPECULATOR
Fred is a steely-eyed ice-water-in-his-veins gambler with a penchant for mining stocks and investment trusts.
What a great, great book! I don’t usually leave reviews, but I am something of an investing book guru, because I own dang near all of them. In the past year or so I’ve read 12 “penny stock” books and (while this isn’t entirely all about penny stocks) this the best one hands down. Aside from being an entertaining read, this book is filled with information regarding sectors I never thought about for penny stocks. This book is worth whatever I paid for it just for his one single penny stock strategy. Let alone he gives his whole investment strategy is this 100 or so page book. I enjoyed reading this book and wish the author would write more, because his hatred for the wall street hypocrit/coward nearly matches mine.
5.0 out of 5 stars
Useful Guidelines for Speculating
This book provides some really useful guidelines for those looking to speculate on shares that Wall St ignores.
5.0 out of 5 stars
If you’re not a mutual fund, but a small investor, arm yourself with this book.
Fred Carach is not a momentum investor, nor a wall street Acolyte. He is a conviction value investor.
This book opened an entire new world to me! Fred does an excellent job of making a case for investing in scarce resources that WILL go up–gold, silver, oil, etc. Then he shows step by step how to find absolute rock bottom bargains on oil, silver, gold, and other stocks. This is not your run of the mill book.
My favorite discussion in the book is on penny mining stocks. These are stocks that give you incredible leverage because they cost anywhere from .05+ a piece. Not only do you get leverage but you also make enormous sums if these stocks go up even a few cents. And the risk is minimum because you can buy a ton of stock when their price is so low.
Not only was the book an excellent read but it also entirely and permanently opened up a new world to me. It changed my paradigm completely! Out of all the books on investing I have read (I read 1 or 2 a month and have been doing so for some time), this is one of the top two I have read!
3.0 out of 5 stars
All 19 reviews at the moment are 5 star.
To have all 19 reviews at present be five stars is a little over the top, especially when you consider this gem on page 126:
“Redhat- This is the country’s largest…
People stand up and listen. This is a book that can be a difference maker for you. Buy the book. Read it. Apply it! This gives the every day guy a chance. Don’t be fooled by the title. This is an excellent well rounded and well thought out investment program that nobody it talking about…nobody! Don’t wait.
Joe – Woodstock, VA
5.0 out of 5 stars
FORTY YEARS A SPECULATOR
Fred Carach speaks from the weight of experience gained from the
school of hard knocks. As a futures and options trader myself with
twenty years in the industry, even…
5.0 out of 5 stars
Forty Years a Speculator
This is an excellent read for anyone interested in microcap investing or any type of investing for that matter. Mr.
5.0 out of 5 stars
Good Read
A good read for the person who is trying to turn a little money into a lot of money. This book gives you many categories of stocks to consider and the author lists his favorites…
5.0 out of 5 stars
A WONDERFUL BOOK
This is a wonderful book. I have to agree with all the positive remarks in these 5 star reviews. The strategies are different and unique and I believe will work.
5.0 out of 5 stars
Ignite your passion to finally build a winning portfolio!
Fred’s book is clear, concise, fun to read and easy to understand. He is passionate about his strategies and willing to share them with anyone.
5.0 out of 5 stars
Great book, lots of information
Fred Carach does an excellent job of explaining why following the herd is a bad strategy. Unlike most investment books, this book provides you with a serious strategy based on the…