Fire Your Stock Analyst

This is simply the world's most useful book for personal investors who want to rely less on the so-called "experts" and more on their own intelligence and knowledge. In Fire Your Stock Analyst!, a San Francisco Chronicle investment columnist presents systematic value and growth, strategies that draw on the best ideas from more than 20 of the world's leading money managers -- and shows you how to implement each strategy step-by-step, using free or low-cost information available on the Internet. Domash introduces never-before-published advanced analysis strategies, shows how value investors really pick stocks, and presents new ways of quantifying a stock's risk (and avoiding the next Enron)! This book covers issues most books simply ignore, including how to evaluate a company's business plan and true financial strength, how to set your own target prices, and most important, when to sell. Endorsements from some of the best known analysts in the business, including: Victor Niederhoffer, author of The Education of a Speculator; David Edwards, analyst with Heron Capital Management; Charles Mulford, author of The Financial Numbers Game; Nicholas Gerber, analyst with Ameristock Funds; and Richard Driehaus, Driehaus Capital Management, Inc. (named in Barron's "All-Century" team of 25 individuals most influential in the mutual fund industry over the past 100 years). The skills you need to pick your own winning stocks -- and not depend on the advice of so-called "experts"! Recent events prove that you can't trust the so-called experts. This book gives you the smarts to pick market-beating stocks on your own. Based on interviews with more than 20 market-beating money managers, and each strategy represents a fusion of these manager's best ideas. Goes beyond the basics, includes never before published advanced analysis strategies, including new ways of judging the risk of owning a specific stock.