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Some useful insights into the way in which the stock market works
on 14 February 2016
Clem Chambers plainly knows what he’s talking about, and much of this book contains sound common sense which can be summed up as ‘due diligence’. His website ADVFN is an excellent source of information about the stock market – perhaps one of the best free websites available. Having said that, I have some reservations about this book. Many of his 101 suggestions have a certain repetitive quality. Some of his suggestions are implausible – one of them is that one should telephone the CEO or financial director of a company and speak directly to them. If they’re not available, they might be doing something more important than speaking to me about whether I should invest £500 in their company. If they are available, they’re unlikely to offer an unbiased opinion on the merits or otherwise of their company. On the positive side, the book is easy to read and cheap, and reinforces the ideas of good practice. The graphs and charts are of poor quality – which is a common problem with kindle editions of this kind of book. In summary, not too bad a book for the price, but it’s unlikely to teach you anything you don’t know unless you’re a complete novice. And it’s a good advertisement for the ADVFN website if you haven’t already discovered it.