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WEALTH VIRTUES
A Guide to acquire more money than you spend and to save more money than you owe

The Motley Fool Investment Guide (Completely Revised and Expanded) (How the Fool Beats Wall Street's Wise Men and How You Can Too)


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Rating: 4 out of 5 stars - Good for beginning investors
-- People who *should* read this book: 1) Beginning Investors. 2) Conservative Investors. 3) People without the time to manage their investments, and who are willing accept smaller returns.

-- People who *should not* read this book: 1) Experienced investors. 2) Short term investors. 3) Day traders.

In short, this book is a good intro. to investing for beginners and has a long-term, conservative slant. The first part of the book is easy reading, but it gets a little drier toward the end.



Rating: 3 out of 5 stars - A little outdated
This book was very informative and enjoyable. I feel as though I've gotten a start on learning how to pick a good stock. However, the information presented within seems a little outdated and is no longer in concert with the Motley Fool website. In fact, you will be hard pressed to find the exact information anywhere online. The extremely Spartan examples contained within seemed to be geared more towards daily financial newspapers and mailings from companies than actual information that is available instantly on a myriad of financial sites.



Rating: 5 out of 5 stars - The Investment Primer for "Joe Average"
Bought my first copy while on a weekend away in Monteray with some close friends. Never put it down. My traveling companions wondered where I had disappeared to! Finished it the following Monday evening after work. Bought my second copy after the first, loaned out, never came back. Bought a third copy specifically for a friend. This purchase is my fourth, the second copy having disappeared also. This one will remain a part of the foundation of my investment library,sorry, this one will not be loaned out. Thanks guys, this popped all the bubbles, removed all the myths, cleared the fog, straightened the wavy mirrors.



Rating: 4 out of 5 stars - Read pages 71 to 180 or so
The rating of four stars is primarily due to the edifying experience of digesting pages 71-180; though that text was worthy of five stars, it was necessary to penalize the fools for making me read through the rest of the very bland book, albeit in front the television. In "the rest of the book", the fools first take 70 pages to tell us that they have a strategy, which is like telling you to close your eyes and then boring you with self-congratulatory blather. Then, they yarble on and on from page 180 to the end discussing the kind of things they like to ignore. Who cares? The foolish striving to thicken the width of the book spine reminded me of page requirements that we all had to fulfil writing papers in high school.

Despite the odds, the book remains worthwhile. The excerpted section is a comprehensible, lively introduction to investing in the market. The fools' best skill is presenting their original and borrowed (Peter Lynch is a key figure) mathematical formulas and then massaging them to allow for human judgments based on interpreting financials and income statements (which they cover in palatable form). It is tempting to see this strategy (precise formula plus the leeway for human reevaluation) as covering one's bacon, the customary allowance for errors, namely the ones that the reader may make. But the pure numbers and their comparisons marking differences and similarities are brought to life, coursing through a company body. By the time you finish the book, you will know more than your fellow puffers.



Rating: 4 out of 5 stars - Great Way To Getting Started
I highly recommend this book for people interested in investing but are not sure where to begin. It gives you the basics of getting started and the motivation to handle your own money. The Gardner's gives a little more attention to the "younger generation" and therefore makes reading comprehensive and entertaining. A Must Buy, for new investors.


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The Motley Fool Investment Guide (Completely Revised and Expanded) (How the Fool Beats Wall Street's Wise Men and How You Can Too)

    

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