A Thousand Miles from Wall Street: Tony Gray's Commonsense Guide to Picking Stocks
Books / Hardcover
Books › Business & Economics › General
ISBN: 0025451677 / Publisher: John Wiley & Sons Inc, May 1995
A down-to-earth guide for personal investors takes the mystery out of making money on the stock market, recommending investing in ordinary household items and other products investors feel comfortable with and know well. 35,000 first printing. $35,000 ad/promo.
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In 1991, Tony Gray smashed Peter Lynch's record for a return on a ten-year investment and established himself as one of the hottest rising stars in the investment industry. Now, he wants to share his investment secrets with you.Is the stock market dead in the '90s? Not on your life. Do you need an MBA or a Wall Street guru to beat the market? Absolutely not. All you need is your own common sense and an understanding of the basics, and you can make money. The secret to successful investing? Well, it's no secret at all: Buy what you know, what you use, and never, ever give in to a trend.How did Tony beat the legendary Peter Lynch's record? Not by riding the technology wave, not by looking overseas, but by looking in his own home and picking companies that manufacture and sell goods that we use all the time. Even if the dollar is down, interest rates are sky-high, or the economy is sluggish, chances are you have a jar of mayonnaise in your refrigerator and a tube of toothpaste on the sink. Who makes these products? How well are these companies managed? How are they doing compared to the competition? Answer simple questions like these and make choices based on the realities of these companies - not the perceptions - and you're well on your way to becoming a successful investor.
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