- Paperback: 283 pages
- Publisher: Times Books; Rev Upd edition (May 1998)
- Language English
- ISBN-10: 0812930088
- ISBN-13: 978-0812930085
- Product Dimensions: 23.4 x 15.5 x 2.3 cm
- Amazon Bestsellers Rank: 1,376,426 in Books (See Top 100 in Books)
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11 reviews
33 of 34 people found the following review helpful
Recommended for any investor, club member or not.
1 Sep 1996
Format:Hardcover
As the book's subtitle suggests, this is the pre-eminent tome for individuals looking to start
their own investment club. From finding prospective club members, to drafting a partnership
agreement, to selecting stocks for study and purchase, The Official Guide is a very-nearly
complete source of investment club information. One of the few shortcomings of the book is
its failure to cover the computer tools available for investment club operations, given that
software and online information sources are quickly becoming an essential part of every
investor's toolbox. Going beyond the formation of clubs, though, The Official Guide also
provides detailed instructions on using NAIC's tools for smart investing. These include the
Stock Selection Guide, a relatively-simple two-sided paper form that NAIC developed to
help individuals study stocks for potential purchase. The book also covers NAIC's investing
philosophy, portfolio management and cursory balance sheet analysis. In short, The Official
Guide is probably a good addition to any investor's bookshelf, whether a member of an
investment club or not.
their own investment club. From finding prospective club members, to drafting a partnership
agreement, to selecting stocks for study and purchase, The Official Guide is a very-nearly
complete source of investment club information. One of the few shortcomings of the book is
its failure to cover the computer tools available for investment club operations, given that
software and online information sources are quickly becoming an essential part of every
investor's toolbox. Going beyond the formation of clubs, though, The Official Guide also
provides detailed instructions on using NAIC's tools for smart investing. These include the
Stock Selection Guide, a relatively-simple two-sided paper form that NAIC developed to
help individuals study stocks for potential purchase. The book also covers NAIC's investing
philosophy, portfolio management and cursory balance sheet analysis. In short, The Official
Guide is probably a good addition to any investor's bookshelf, whether a member of an
investment club or not.
18 of 18 people found the following review helpful
Required reading for all investment clubs
3 Mar 1998
Format:Hardcover
Everything you need to know about investment clubs. You don't need to be part of a club to profit from this book. The one down side is that the writing style can be heavy going at times. The authors know their choosen field but the worked examples could have been better layed out. The book is full of tips and tools for the would-be investor. This book is the current standard when it comes to this subject.
24 of 26 people found the following review helpful
Lots of Good & Useful Information
18 May 2000
Format:Paperback
The strength of this book is that it's quite easy to read. The book is a great resource for beginning investors who are interested in forming an investment club. It can make for a great present to each member of your family. My brother got me this book as a present, and I finished it in a night; the following morning, we had devised a way to start a family investment club. I find myself contantly referring back to this book, especially the Apendices; the Glossary provided is rich with terms every investor needs to know--if you don't know the lingo, how do you expect to make any money?
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