Comments on: Review: One Up On Wall Street http://www.thesimpledollar.com/2008/02/08/review-one-up-on-wall-street/ Simple, applicable personal finance advice for the modern world Sat, 20 Mar 2010 03:41:16 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: Andy Chen http://www.thesimpledollar.com/2008/02/08/review-one-up-on-wall-street/comment-page-1/#comment-478341 Andy Chen Wed, 14 Jan 2009 22:52:42 +0000 http://www.thesimpledollar.com/2008/02/08/review-one-up-on-wall-street/#comment-478341 Very interesting review but I have not read the book. I have a question on the math in the review. According to my calculation, the annual interest rate with a 900% return over 13 years is either 18.4 or 16.9% depending upon whether you compound once a year or infinitive time a year, but definitely not 29.2%. I would like to know how you arrived at that high figure. Very interesting review but I have not read the book. I have a question on the math in the review. According to my calculation, the annual interest rate with a 900% return over 13 years is either 18.4 or 16.9% depending upon whether you compound once a year or infinitive time a year, but definitely not 29.2%. I would like to know how you arrived at that high figure.

]]> By: Kat http://www.thesimpledollar.com/2008/02/08/review-one-up-on-wall-street/comment-page-1/#comment-179132 Kat Mon, 11 Feb 2008 20:45:25 +0000 http://www.thesimpledollar.com/2008/02/08/review-one-up-on-wall-street/#comment-179132 This is one of my favorite books on investing; It has made me a much better investor. Investing in what you know makes so much sense. I periodically pull this out and reread it. I think it might be time to do so again. This is one of my favorite books on investing; It has made me a much better investor. Investing in what you know makes so much sense.

I periodically pull this out and reread it. I think it might be time to do so again.

]]> By: Sarah http://www.thesimpledollar.com/2008/02/08/review-one-up-on-wall-street/comment-page-1/#comment-179121 Sarah Mon, 11 Feb 2008 20:20:48 +0000 http://www.thesimpledollar.com/2008/02/08/review-one-up-on-wall-street/#comment-179121 You can work as hard and smart as you want,but let's face it if you do not have the same opportunities as others you will NOT get as far in life. A black woman and a white male simply will not end up the same - stop sugar coating it - the pull yourselves up by your boot-straps theory does NOT work in our society. Our soceity works still on the good old boys network and appearance. Deal with it! You can work as hard and smart as you want,but let’s face it if you do not have the same opportunities as others you will NOT get as far in life. A black woman and a white male simply will not end up the same – stop sugar coating it – the pull yourselves up by your boot-straps theory does NOT work in our society. Our soceity works still on the good old boys network and appearance. Deal with it!

]]> By: Julie http://www.thesimpledollar.com/2008/02/08/review-one-up-on-wall-street/comment-page-1/#comment-177876 Julie Sun, 10 Feb 2008 02:13:10 +0000 http://www.thesimpledollar.com/2008/02/08/review-one-up-on-wall-street/#comment-177876 Thanks for this review! I really wish my library had a copy on their shelves. Ah well, that's what inter-library loans are for. (And also those wonderful "request book" sheets you can fill in!) Thanks for this review! I really wish my library had a copy on their shelves.

Ah well, that’s what inter-library loans are for. (And also those wonderful “request book” sheets you can fill in!)

]]> By: moonimus http://www.thesimpledollar.com/2008/02/08/review-one-up-on-wall-street/comment-page-1/#comment-177618 moonimus Sat, 09 Feb 2008 16:50:28 +0000 http://www.thesimpledollar.com/2008/02/08/review-one-up-on-wall-street/#comment-177618 Time to hit the library! Time to hit the library!

]]> By: Mary http://www.thesimpledollar.com/2008/02/08/review-one-up-on-wall-street/comment-page-1/#comment-177199 Mary Sat, 09 Feb 2008 02:27:13 +0000 http://www.thesimpledollar.com/2008/02/08/review-one-up-on-wall-street/#comment-177199 I loved this book! It was one of the first books I read in my quest for personal finance education. My favorite piece of advise out of it is to invest in what you are familiar with. Be happy doing research with the company and its product lines. Thank you so much for your thorough and very inciteful book reviews. I loved this book! It was one of the first books I read in my quest for personal finance education. My favorite piece of advise out of it is to invest in what you are familiar with. Be happy doing research with the company and its product lines. Thank you so much for your thorough and very inciteful book reviews.

]]> By: Rob Madrid http://www.thesimpledollar.com/2008/02/08/review-one-up-on-wall-street/comment-page-1/#comment-176980 Rob Madrid Fri, 08 Feb 2008 21:08:42 +0000 http://www.thesimpledollar.com/2008/02/08/review-one-up-on-wall-street/#comment-176980 "do your homework" and the best spot to start is blogoshpere and one of my favourite is <a href="http://www.thedividendguyblog.com/" rel="nofollow">The Dividend Guy Blog</a> He does a great job of simplfing the numbers and ratios. “do your homework”

and the best spot to start is blogoshpere and one of my favourite is The Dividend Guy Blog He does a great job of simplfing the numbers and ratios.

]]> By: anne http://www.thesimpledollar.com/2008/02/08/review-one-up-on-wall-street/comment-page-1/#comment-176921 anne Fri, 08 Feb 2008 18:58:58 +0000 http://www.thesimpledollar.com/2008/02/08/review-one-up-on-wall-street/#comment-176921 Trent this may be the wrong post to ask this but do you know of legit Home Based job sites. I would like to follow your advice and earn extra money from home. Don't want any scams. Afraid to try. Trent this may be the wrong post to ask this but do you know of legit Home Based job sites. I would like to follow your advice and earn extra money from home. Don’t want any scams. Afraid to try.

]]> By: KC http://www.thesimpledollar.com/2008/02/08/review-one-up-on-wall-street/comment-page-1/#comment-176847 KC Fri, 08 Feb 2008 16:32:11 +0000 http://www.thesimpledollar.com/2008/02/08/review-one-up-on-wall-street/#comment-176847 I've read this before, but it was a while back, and I was a much younger investor, so I didn't appreciate it as much. But reading your review I find it interesting how much he is like Jim Cramer. Now I know Cramer can be a loud mouth, but if you listen to or read his advice about HOW to buy and sell stocks then it is pretty sound stuff. Anyway, I need to re-read this title, I might appreciate it more now. Also, after Lynch left the Magellan Fund it never did experience the same success. Part of it had to do with Lynch, but part of it had to do with the fund's overall success. The Fund got so large because of increased investor's money that it couldn't operate as well. In other words it would have to buy such large stakes in companies that it affected the movement of the individual stock and therefore it couldn't find the "10 baggers". This is why I don't care for mutual funds - the large and successful ones eventually get eaten by their own success. I’ve read this before, but it was a while back, and I was a much younger investor, so I didn’t appreciate it as much. But reading your review I find it interesting how much he is like Jim Cramer. Now I know Cramer can be a loud mouth, but if you listen to or read his advice about HOW to buy and sell stocks then it is pretty sound stuff. Anyway, I need to re-read this title, I might appreciate it more now.

Also, after Lynch left the Magellan Fund it never did experience the same success. Part of it had to do with Lynch, but part of it had to do with the fund’s overall success. The Fund got so large because of increased investor’s money that it couldn’t operate as well. In other words it would have to buy such large stakes in companies that it affected the movement of the individual stock and therefore it couldn’t find the “10 baggers”. This is why I don’t care for mutual funds – the large and successful ones eventually get eaten by their own success.

]]> By: riley http://www.thesimpledollar.com/2008/02/08/review-one-up-on-wall-street/comment-page-1/#comment-176834 riley Fri, 08 Feb 2008 16:11:28 +0000 http://www.thesimpledollar.com/2008/02/08/review-one-up-on-wall-street/#comment-176834 This is without question the best investor guide I have ever read. It started me on stock investing many years ago, and every couple of years I reread it for enjoyment and to reinforce investing practices. It is an excellent guide for both the beginning and experienced investor. This is without question the best investor guide I have ever read. It started me on stock investing many years ago, and every couple of years I reread it for enjoyment and to reinforce investing practices. It is an excellent guide for both the beginning and experienced investor.

]]> By: Trent http://www.thesimpledollar.com/2008/02/08/review-one-up-on-wall-street/comment-page-1/#comment-176823 Trent Fri, 08 Feb 2008 15:49:27 +0000 http://www.thesimpledollar.com/2008/02/08/review-one-up-on-wall-street/#comment-176823 His argument is that the lower the percentage of institutional buyers, the higher the percentage of insider buyers. The best companies, in his eyes, are the ones where the people running the company are holding onto and buying the stock, and this is a good glimpse at that. He doesn't give a strict threshold. His argument is that the lower the percentage of institutional buyers, the higher the percentage of insider buyers. The best companies, in his eyes, are the ones where the people running the company are holding onto and buying the stock, and this is a good glimpse at that. He doesn’t give a strict threshold.

]]> By: atlas http://www.thesimpledollar.com/2008/02/08/review-one-up-on-wall-street/comment-page-1/#comment-176821 atlas Fri, 08 Feb 2008 15:43:37 +0000 http://www.thesimpledollar.com/2008/02/08/review-one-up-on-wall-street/#comment-176821 I hope you sold aapl at the top. I picked cthr a few yrs ago when it was 12, it rode up to 29 in a few months. Unfortunately, I didn't dump it until it was back down to 17. Does Lynch anywhere address the efficient market hypothesis? I hope you sold aapl at the top. I picked cthr a few yrs ago when it was 12, it rode up to 29 in a few months. Unfortunately, I didn’t dump it until it was back down to 17.

Does Lynch anywhere address the efficient market hypothesis?

]]> By: Ryan http://www.thesimpledollar.com/2008/02/08/review-one-up-on-wall-street/comment-page-1/#comment-176809 Ryan Fri, 08 Feb 2008 15:13:53 +0000 http://www.thesimpledollar.com/2008/02/08/review-one-up-on-wall-street/#comment-176809 I haven't read the book, but I'm guessing a higher percentage of insider ownership translates to management being more motivated to produce returns for shareholders. I haven’t read the book, but I’m guessing a higher percentage of insider ownership translates to management being more motivated to produce returns for shareholders.

]]> By: Michael http://www.thesimpledollar.com/2008/02/08/review-one-up-on-wall-street/comment-page-1/#comment-176793 Michael Fri, 08 Feb 2008 14:41:48 +0000 http://www.thesimpledollar.com/2008/02/08/review-one-up-on-wall-street/#comment-176793 Why does Peter Lynch advise against stocks popular with institutions? Does he give a threshold? Why does Peter Lynch advise against stocks popular with institutions? Does he give a threshold?

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