Review
From the school of unemotional investing comes the classic How to Make Money in Stocks, by Wall Street analyst and publisher William O’Neil. Readers new to securities will find it an excellent primer, one that relies on time-honored indicators such as quarterly earnings, market capitalization, and daily indexes. O’Neil’s study of winning stocks stretches back to the 1960s, and he shares his insights here, describing what characterizes a growth stock, when to cut your …
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I read this book about 10 years ago and generally gained a greater appreciation for buying healthy stocks. Make no mistake – this is a momentum strategy. But O’Neil has created a very specific formula and process for his style of momentum investing. I also learned a lot about technical analysis and some of the other elements that affect stock movements (sentiment, market psychology, etc.). And O’Neil spends a good deal of time telling you how to sell a stock, whether at a profit or a loss. I think this is perhaps the hardest part of investing, but after reading this book, you should have no excuse for letting a huge gain slip away or digging a huge hole for yourself. Above all, the book provides dozens of examples to support many of the techniques advocated in the book. One gripe I have is that when it comes to finding certain patterns in charts (head and shoulders, cup with handle, etc.), beauty can be in the eye of the investor – I wasn’t always comfortable with what qualified as an acceptable pattern, and, of course, these “iffy” charts all demonstrate money-making stocks AFTER the fact. I also believe that there are other investment approaches that can yield good results, especially in a trending market like we have found ourselves in more recently. But on the whole, this book provides a wealth of information in a concise, well-supported manner. It definitely belongs in your investment library. A bonus is that the newspaper O’Neil founded, Investor’s Business Daily, can provide an ongoing educational follow up to the book, so the approach you learn in the book will never become outdated. I read it regularly.
2.0 out of 5 stars
The book does not measure up to how professional traders trade
This book is really basic and it will help you get an understanding on how to buy and sell stocks. However, advanced or even mid-level subjects are not covered at all.
5.0 out of 5 stars
My second reading of the same book, and still great.
This is my second reading (the other was the 2nd edition) of How to Make Money in Stocks within two weeks.
5.0 out of 5 stars
A comprehensive (and demonstraby successful) investment approach – beyond mere stock screening
The CANSLIM stock investing methodology outlined in “How to Make Money in Stocks” is a time tested method that incorporates how the equity (stock) market(s) really work – for the…
4.0 out of 5 stars
How to make money in stock
I found this book very valuable and useful in understanding trading and stock business. The bookseller sent book in very good condition and in time.
5.0 out of 5 stars
Best websites that follow O’Neil’s CANSLIM
The best websites that follow O’Neil’s CANSLIM strategy are http://www.gilmoreport.com, run by two market wizards, and http://www.canslim.net.
3.0 out of 5 stars
A Good Book for the Passive Investor
This book is very cheap. It offers a few insights that are significant for individuals who are just starting to become interested in the stock market.
1.0 out of 5 stars
One of the worst investing books ever
When I bought this book, I ‘hoped’ that it will help me invest better. Turns out, it’s an entire ad for IBD and CANSLIM (more like CANSCAM).
5.0 out of 5 stars
Old book but information still applies to current markets
“How to Make Money in Stocks” has been around for more than 2 decades now, but the information still applies more so than ever.
3.0 out of 5 stars
Come up with your own decision and reasons on this book
One of extraordinarily popular books on stock-picking and trading books. Most deluded cult followers will love it, some very few will hate it.
3.0 out of 5 stars
CAN SLIM – same as most diets
The techniques suggested in the book are theoretically sound but like all security recommendations, once they are put into practice you realize that they are among the biggest…