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The Five Rules for Successful Stock Investing: Morningstar's Guide to Building Wealth and Winning in the...

The Five Rules for Successful Stock Investing

"By resisting both the popular tendency to use gimmicks that oversimplify securities analysis and the academic tendency to use jargon that obfuscates common sense, Pat Dorsey has written a substantial and useful book. His methodology is sound, his examples clear, and his approach timeless."
--Christopher C. Davis Portfolio Manager and Chairman, Davis Advisors

Over the years, people from around the world have turned to Morningstar for strong, independent, and reliable advice. The Five Rules for Successful Stock Investing provides the kind of savvy financial guidance only a company like Morningstar could offer. Based on the philosophy that "investing should be fun, but not a game," this comprehensive guide will put even the most cautious investors back on the right track by helping them pick the right stocks, find great companies, and understand the driving forces behind different industries--without paying too much for their investments.

Written by Morningstar's Director of Stock Analysis, Pat Dorsey, The Five Rules for Successful Stock Investing includes unparalleled stock research and investment strategies covering a wide range of stock-related topics. Investors will profit from such tips as:
* How to dig into a financial statement and find hidden gold . . . and deception
* How to find great companies that will create shareholder wealth
* How to analyze every corner of the market, from banks to health care


Informative and highly accessible, The Five Rules for Successful Stock Investing should be required reading for anyone looking for the right investment opportunities in today's ever-changing market.
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  • From: Amazon
  • Posted: Aug-12-2009

Pat Dorsey is a great teacher

This is a great book for all investors, not just value investors. Some people say that you are either a value investor or a growth investor. In reality, growth is a variable in determining value. This book teaches investors how to pick good stocks with economic moats, how to value them, when to...

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  • From: Amazon
  • Posted: Jul-14-2009

best book on investing I've read yet

This book covers everything you really need to know about investing. It's focused more on value investing but it will suffice for all long-term investors.

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  • From: Amazon
  • Posted: Oct-08-2008

Educational, different and a bit difficult if you're looking to learn

Now, you can't breeze through this book like you would "One Up on Wall Street," but that's because this book covers a lot of accounting and financial concepts involved with companies. It's sort of a textbook on how to find good companies using various different financial metrics. Dorsey...

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  • From: Amazon
  • Posted: Sep-28-2008

One of the best books for the beginner.

I have just recently entered into the world of investing, and this book has really helped me to have a much better understanding of what I'm doing. At first, I was more or less just picking companies (hey, I like this one, etc). Dorsey's book was very helpful and informative. It gives you a ton...

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  • From: Amazon
  • Posted: Sep-28-2008

Very good and thorough introduction to value investing

This was a solid introduction to value investing. I especially appreciate that it takes the time to break out the nuances of different industries and how this impacts your investments. The approach outlined makes a lot of sense -- very logical. It makes me wonder why anyone would do it any...

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  • From: Amazon
  • Posted: Jul-13-2008

Tips for stock investing for amateurs to experts

The book, "Five Rules for Successful Stock Investing," is an outstanding read. It covers ALL aspects of choosing equity investments (though stocks are the focus). Best of all, it takes a fairly complex subject and breaks it into digestible chunks. For example, the author goes through the process...

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  • From: Amazon
  • Posted: May-18-2008

Common sense

I really really like this book and keep going back to it. Mr. Dorsey has a knack for presenting what could be very confusing obtuse financial information and definitions into concise and simple manner without dumbing down the reader. The book has some simple rules that could be incorporated into...

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  • From: Amazon
  • Posted: Apr-28-2008

Excellent methodology for fundamentally understanding stocks

I have been looking for someone to help me better understand how to fundamentally analyze a stock. Mr. Dorsey's book does exactly that. It requires prior basic knowledge, but it leads you to a more complete understanding of how to really know a company. As an individual, I try to invest my small...

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  • From: Amazon
  • Posted: Apr-24-2008

Apik , good for fundamental analysis

This book gives everything you need about fundamental analysis, including how to see in detail company business. Sangat layak dibeli,tapi tidak banyak menyediakan strategi trading. Not much trading strategies in this book

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  • From: Amazon
  • Posted: Jan-12-2008

Best Investment Book

This is the first book which demonstrates how to calculate the intrinsic value of a stock. I read through many famous books like The intelligent investor, How to make money in stocks, Only 3 questions that count, How to beat the street, Technical Analysis of Financial Markets etc etc, but non...

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