Normally I would recommend never buy books "for Dummies". They are expensive and often very, very simplistic. In the case of their book "Investing for Dummies", I could not recommend not more.
In fact, the simplicity of the subjects that I saw in my 5 minutes on foot from the book was perfect for any investor, familiar and unfamiliar with the market.
Warren Buffett is the best investor in history. He is the King of Wall Street and nobody can match its ability to find the value, and few can challenge the human passion to invest.
This book, from beginning to end, you will learn to invest like Buffett. Focusing on the purchase of businesses, not stock, writers are excellent work to encourage their readers to focus on long-term value investment.
The basic ideas are:
First business! Stock markets do reward always good stocks at any time, but they still appreciate good businesses.Question of the compensation and so dividends. Companies that make profits in good times and bad are good businesses, very volatile stocks step speculative. Diversification is the key. There is not much sense in maximizing your stock holdings by themselves, as fixed-income products allow investors to roll through a dip.Think of the exhibition. When you purchase a business, you buy its relations with other businesses, customers and ultimately their enjoyment and satisfaction with a particular product. Think that Coca-Cola. customers love it and he did Buffett billion!You are as well as a financial planner. The difference between you and an analyst is that will probably spend you any thinking day on the balance sheets and earnings reports. But you could spend a few hours a month reading and you save money in the meantime.Things occur. Everything in the medium to long term investing, avoiding short term events, best you can, it is not always a good idea to continue to hold an investment, it or did not. Finally, you may need to make individual decisions regarding your relationship with a stock like the industry, market, and the evolution of society.
Book Reviews, business, investing book review, strategy buffett investing books, investing for Dummies, value investing
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