Rule #1

Town, Phil

Phil Town wasn´t always a very wealthy man. In fact, he was living on $4000 a year when some well-timed advice launched him into an investing self-education that revealed what the true "rules" are and how to make them work in one´s favor. Chief among them, of course, is: don´t lose money. Other rules are: don´t diversify; think like an owner, not an investor. Town also believes strongly in putting your faith in managers who´ve proven their financial mettle, and who really have faith in the businesses they´re running. The most controversial of the book´s assertions is that giant 401(k) type mutual funds will regress to the mean, and in the next twenty years, the mean could be very disappointing. Fortunately, Town´s stockpicking techniques are meant to walk investing phobes through the do-it-yourself process, equipping them with the tools they need to make quantum leaps toward financial security.--From publisher description.The self-made millionaire and expert on do-it-yourself investing shares his personal approach to financial and investment success, based on a single, simple, risk-free Rule #1--don´t invest to make money, invest to not lose money.

Editora: Crown Pub
ISBN: 0307336131
Número de páginas: 320
Acabamento: 
HARDCOVER
Local de Publicação: United States