The Successful Investor What 80 Million People Need to Know to Invest Profitably and Avoid Big Losses

by O'Neil, William

• ISBN13: 9780071429597
• ISBN10: 007142959X
• Edition: 1st
• Format: Paperback
• Copyright: 2003-09-16
• Publisher: McGraw Hill

Summary

In the aftermath of a market decline where 80 million Americans lost between 50-80% of their wealth, it's sometimes hard to tell whose advice you can trust. Still, each day, smart investors around the world choose to trust William J. O'Neil, publisher of Investor's Business Daily and author of the million-plus bestseller How to Make Money in Stocks.

Author Biography

William J. O'Neil is the founder and chairman of Investor's Business Daily and the author of the million-copy best-seller How to Make Money in Stocks. Born in Oklahoma and raised in Texas, William J. O'Neil began his investment career as a stockbroker. He started investing with less than $500, but through continued study, mistakes, and a desire to find out exactly how the stock market really worked, O'Neil realized a 20-fold increase in his own account in 26 months from October 1962 to December 1964. He then purchased a set on the New York Stock Exchange and opened his own investment management and research firm, William O'Neil + Co., Incorporated, at the age of 30. Founded in 1963, William O'Neil + Co. was the first to create a computerized stock-market database, which is used today by over 400 major U.S. institutions across the country, including banks, insurance companies, pension and mutual funds, corporations, and government organizations.

Table of Contents

Foreword	vii
Introduction	ix
A Word About Charts	xvii
Step 1 Which Way Is the General Market Going?	1	(16)
Step 2 Use a Simple 3-to-1 Profit-and-Loss Percentage Plan	17	(18)
Step 3 How to Buy the Very Best Stocks at the Very Best Time	35	(40)
Step 4 When to Sell and Nail Down Your Big Profit While You Still Have It	75	(21)
Step 5 Managing Your Portfolio: Time-Proven Methods to Maximize Results and Minimize Losses	96	(45)
Appendix A How to Use the CAN SLIM Approach to Screen for Growth Stocks	141	(14)
Appendix B All About CAN SLIM	155	(6)
Appendix C Market Memo	161	(2)
Appendix D Testimonials for The Successful Investor	163	(10)
Appendix E A Loud Warning to the Wise About Bear Markets!!!	173	(2)
Index	175