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Investing Despite Wall Street, Inc.
by McGraw-Hill
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Avg. Rating: 5 of 5 stars (based on 1 reviews)
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How investors can protect themselves from the wolves of Wall Street

On Wall Street, the "hous… Read more

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Investing Despite Wall Street, Inc.
Book Description

How investors can protect themselves from the wolves of Wall Street

On Wall Street, the "house" holds the keys--and everyone else risks being taken for a ride. Investing Despite Wall Street,Inc., is today's most open and unflinching look at how the denizens of Wall Street have always taken care of themselves first, at the expense of small investors, and what investors can do to protect themselves from such large-firm shenanigans.

Author and longtime Wall Street observer Fred Plemenos provides a simple, concise review of the basics of investing, and how to apply them to the new reality of today's stock market. Instructive investment principles and guidelines are designed to protect individual investors and their portfolios from Wall Street, and include:

  • Understand the sector you're investing in
  • Know the importance and influence of economic factors
  • Learn to use technical and fundamental analysis
Customer Reviews
1 out of 1 people found the following review helpful:
5 of 5 stars  A BOOK FOR ALL INVESTORS
Wednesday, August 13, 2003
This book reveals the incredible corruption that permeated Wall Street during the mid to late 1990's. It even goes so far as to disclose the names of public companies, investment bankers and individuals that conspired to make this period so treacherous for the investing public. It describes many of the signs and signals of serious irregularities that every investor should know about, whether they invest via mutual funds or as individuals.

The second half of the book involves investment technique and how to find good quality sound investments. Much of the information in this section is consistent with what the greatest value investor of all time, Warren Buffet might have written. I back-tested some of the author's ideas and was amazed to find that they really work.

I think it is extremely useful for any investor, novice or veteran. We all think we know what works, but it is easy to stray from disciplined investment protocol, especially during a bubble era. Following the defined investment approach that Plemenos espouses in this book will almost certainly insulate an investor from being mauled by a bear market and enhance market returns during the bull.

I really liked it.

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