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The Big Tech Score

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The Big Tech Score

A Top Wall Street Analyst Reveals 10 Secrets to Investing Success

Wiley,

15 min read
10 take-aways
Text available

What's inside?

Welcome to investment boot camp.

Editorial Rating

7

Qualities

  • Applicable

Recommendation

Mike Kwatinetz and Danielle Kwatinetz Wood, a father-daughter team, have written a readable volume of investment advice that will impress you with its fundamental soundness, if it does not dazzle you with buzzwords and newfangled formulas. With advice that flies in the face of the mantra of portfolio diversification, Mr. Kwatinetz shows how to narrow your portfolio and thereby compete with Wall Street professionals. The authors warn you away from the minefields sown by short-term thinking and guide you toward making that big stock-market score you’ve been hoping to achieve. The volume’s Q & A sessions with stock market gurus are interesting, but appear to be afterthoughts. getAbstract.com recommends this book to regular investors and Wall Street insiders alike.

Summary

Making the Big Tech Score

So you want to strike it rich by predicting which high-tech stock will be the next one to take off like a rocket. (Forget for the moment that lately more rockets seem to be falling out of the sky than rocketing into it.) The best advice: Choose a handful of stocks, and make yourself an expert on them by spending about 10 hours a month following them. The biggest mistake you can make is to try to follow too many stocks.

A professional investor who has a staff to help cut down the thickets can only follow some 15 stocks effectively. Clearly, you should try to master even fewer companies. While professional investors always play with home field advantage - they have more resources and receive information more quickly - you can stay in the game by keeping your portfolio limited to a handful of stocks. To be the successful David in the land of investment Goliaths, forget about the idea of playing the stock market. Welcome to Securities Boot Camp: No play allowed - except the deadly kind where you play to make a killing. You will need discipline, hard work and focus. Ask yourself how much income you need to live the way you would like. If you can...

About the Authors

Dr. Mike Kwatinetz is a founding partner of Azure Capital Partners, an investment advisory firm focused on technology, and the former head of Credit Suisse First Boston’s Equity Technology Research Group. He was named the No. 1 PC Hardware Analyst by the Wall Street Journal and by Institutional Investor for four out of the past five years. Danielle Kwatinetz Wood is Dr. Mike Kwatinetz’s daughter and partner.


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