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Did you know you can trade in your old books for an Amazon.co.uk Gift Card to spend on the things you want? Plus, get an extra £5 Gift Certificate when you trade in books worth £10 or more before June 30, 2012. Visit the Books Trade-In Store for more details. |
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Mr. Lynch managed the largest mutual fund in the WORLD for a number of years (Fidelity Magellan: 1977-1990), and brings his experience and suggestions home in a common-sense sort of way. Not filled with numbers, but provides the investor with the basics of where to look around for good companies, and some hallmarks of them.
I suggest that this book belongs on the shelf of any beginning investor (or broker or CFA for that matter), together with Buffettology. The only weak part of this book is the valuation portion: that is, to know how you are buying $1 worth of stock for $1 or less (here Buffettology would help).
Overall, I highly recommend this book, and believe both novice and experienced investors will profit alike.
Jay Walker
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