![]() ![]() ![]() In addition to this, he also shows the tricks of the trade on how to use the resources at hand to the full such as the broker and the balance sheet. He also suggests to do a 2-minute monologue and explain yourself why to buy the stock and what obstacles does the company need to overcome to achieve success. He also explains the characteristics of a company that a person should consider and not consider. It is in this section that he explains how to use the resources and the ratios found in the financial reports. In the second section, the Peter explains on how to select stock and how to classify them for one’s own convenience. One of the best things about the book is that after each section Peter Lynch summarizes all the important giveaways in the form of small points making them easier to remember. Moreover, he also presents the readers with self-assessments before they go in the market to buy stocks. In the first section, Peter he explains why common stocks are financially more benefiting than treasury bills, government bonds and corporate bonds. The first section explains how a person should evaluate himself as an investor, the second section explains how to use the different ratios and resources to select stock and the final section explains when to buy and sell a stock and how to keep a portfolio in a fitting manner. The writer has divided the book into three sections. All they have to do is observe and use the knowledge that they already have. Moreover, he also emphasizes on the fact the people do not have to be working as analysts to be able to pick out the winners. Peter Lynch explains in this book how to pick out winners and stay away from the stock that aren’t. He prepares the mind of the readers to buy stocks and to hold them for long-term rather than panic and sell them when they are low. Without going into too much depth Peter Lynch explains the variety topics a beginner has to know before buying his first stock. However, for a more detailed study on stocks one should read Peter’s “Beating the street”.Īs opposed to his book “Beating the street”, “One up on Wall Street” is a much simpler version on how to choose stocks. Peter Lynch talks about the stocks and markets in three different sections. Summary: “One up on wall street” is a book that will teach a person the ABC’s of investing in stocks. ![]()
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