I have recently read another good book in the theme of buy and hold like Lynch, in fact Lynch reviews the book. If you want to do a search for it the ISBN is 0743258703
The book tells good stories about how analysts used to do business. It suggests finding stocks based upon: Business Model, Assumptions, Strategy, Management. It advocates following seven steps of: Market timing, patience, knowledge, discipline, emotions, time horizon, benchmarks.
If you are not a purely daytrader I suggest this book to you. I welcome discussion of stocks that fit the philosophy of this author.
Friday, August 5, 2011
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