Summary of The Little Book That Makes You Rich

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The Little Book That Makes You Rich book summary
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Rating

8 Overall

8 Applicability

6 Innovation

9 Style


Recommendation

This slim volume provides an excellent, concise, highly readable case for growth investing. Author Lewis Navellier, who edits a financial newsletter, is careful to keep his Wall Street jargon to a minimum, and makes no pie-in-the-sky promises. This is a book for investors who are willing to do the hard work of evaluating and selecting stocks, and who have the patience to wait for the market to catch up to their insights. Navellier knows his alphas and betas. He states frankly that an investor should have a portfolio of at least $200,000 to use the methodology outlined in this book. However, getAbstract finds that investors with any level of assets could benefit from his caveats about the Wall Street hype machine and his lucid explanation of what growth investing is and why it works.

In this summary, you will learn

  • How growth investing works;
  • How to weigh the fundamental factors growth investors must heed; and
  • How to construct a sound stock portfolio.
 

About the Author

Louis Navellier has been the editor of a financial newsletter since 1980. He is the founder and chairman of a company that manages stock portfolios for individual and institutional clients.

 

Summary

Fundamentals First
Fundamentals are the most critical facts of stock market life, but the relative importance of various fundamentals changes over time. Fundamentals come in and out of fashion. Now and then, a Wall Street advisor will say that one or another fundamental is the solitary...

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    Joseph Sowin 4 years ago
    A quick and concise eight distinct fundamental snapshot was well organized and written with the common investor in mind. The topics "Alpha and Beta," and "Emotional Investing," are topics worthy of individual research outside of this summary.
    With that being said, I feel this summary was one of the better written summaries.