Title: Outperforming Wall Street: Stock Market Profits Through Patience and Discipline
Abstract: Without making wild claims to instant fortune, the revised edition of this guide helps serious investors earn higher profit through patience and discipline (PAD). The rules of the PAD strategy show investors how to buy when stocks are cheap, sell when they are dear, and select stocks that will outperform the market principles which will work in both bull and bear markets. Using many examples from the post-Crash era, the author details how to acquire good growth stocks at reasonable prices and how to ensure a large portfolio against a market collapse like the 1987 Crash. The second edition makes recommendations on discount brokers, market orders, margin buying and stopless orders, evaluates the effects of fiscal and monetary policies on the economy and stock market, discusses the Japanese challenge to American high technology firms, and explains in non-technical terms the problems with their random walk theory.
Publication Year: 1987
Publication Date: 1987-02-01
Language: en
Type: book
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