Full of Bull : Do What Wall Street Does, Not What It Says, to Make Money in the Market

by McClellan, Stephen T.

• ISBN13: 9780132360111
• ISBN10: 013236011X
• Edition: 1st
• Format: Hardcover
• Copyright: 2008-01-01
• Publisher: FT Press

Summary

"I am going to initiate coverage on this book: BUY! The title perfectly encompasses the theme of the book. Stephen McClellan, a Wall Street analyst for 32 years, highlights common practices of research analysts and what they mean for individual investors. This is a quick read, filled with anecdotes from Stephen's long career and his sound investment advice. "Full of Bull" does not contain get rich quick schemes or any unique trading strategies, just observations from one of the industries greatest analysts." --Wall Street Reporter "Only Stephen McClellan could have written this book. As a senior statesman of industry analysts, Steve has worked in the inner circles of Wall Street for over thirty years. When Steve talks, everyone in the industry listens. This book is like a college extension course for investors, and it's taught by the Dean." H. Ross Perot, Sr., Founder, Electronic Data Systems, Founder, Former Chairman, Perot Systems "Steve McClellan has drawn on an insider's lifetime view of how Wall Street really works to produce a practical and entertaining book of advice for investors. Whether you are a new or experienced investor you'll get something valuable out of it, including more than a few chuckles." Charles O. Rossotti, Former Commissioner, Internal Revenue Service "Steve McClellan'sFull of Bullprovides a long overdue insight into the confusing maze of Wall Street analysis and stock recommendations. This book exposes The Street's "insider code" and provides both a cautionary tale and an indispensable guide into the Byzantine world of investment analysis." Thomas M. Siebel, Founder, Siebel Systems, Chairman, First Virtual Group "Steve McClellan is one of the smartest guys in the investment industry. For years his research helped investors figure out how to get better returns. Now he's collected a career's worth of observations and conclusions about how Wall Street works and how to avoid the mistakes that cost ordinary people millionsno, billionsof dollars everyday. Read this book and have more money for your retirement.''

Table of Contents

Preface	p. 1
Decoding Wall Street's Well-Kept Secrets	p. 7
Understand Wall Street's Misleading Practices	p. 35
Strategies in Quest of the Ideal Investment	p. 63
Evaluating Companies as Investment Candidates	p. 91
Executive Traits Are a Revealing Investment Gauge	p. 113
How Street Analysts Really Operate	p. 137
Reform Research to Level the Playing Field	p. 167
Afterword	p. 183
Glossary	p. 189
Index	p. 209
Table of Contents provided by Ingram. All Rights Reserved.

Excerpts

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