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Stock Market Stratagem
Book

Stock Market Stratagem

Loss Control and Portfolio Management Enhancement

Thomson Texere, 2003 更多详情


Editorial Rating

6

Qualities

  • Applicable

Recommendation

Author Braden Glett is bold enough to take on not only efficient market theory and index funds, but also the investment approaches advocated by such luminaries as Peter Lynch, Warren Buffett, John Bogle and their ilk. Although Glett does not name these names, he finds plenty to disagree with in almost every popular or conventionally recommended investing strategy. That makes this book provocative and interesting. It’s always good to see conventional wisdom shaken. However, the author writes in a very difficult style, and his message hits various grammatical and logical road blocks due to a shaky editing job. With that caveat, getAbstract.com believes that investors and traders may want to check this short book, as long as they take the author’s recommendations as opinion - he offers little in the way of solid research to back his contentions, but he raises some potentially useful doubts.

Take-Aways

  • Markets can be stagnant for long periods of time.
  • Passive investors who merely buy index funds must be willing to accept long periods of low or no growth.
  • Yet there are always some stocks that are doing well, and the careful stock picker can find opportunities to beat the market.

About the Author

Braden Glett is the founder of Business Diagnosis & Improvement, a consulting firm specializing in general management and profitability improvement for manufacturing-based businesses.


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