The Five Rules for Successful Stock Investing
"By resisting both the popular tendency to use gimmicks that
oversimplify securities analysis and the academic tendency to use jargon
that obfuscates common sense, Pat Dorsey has written a substantial and
useful book. His methodology is sound, his examples clear, and his
approach timeless."
--Christopher C. Davis Portfolio Manager and Chairman, Davis Advisors
Over the years, people from around the world have turned to Morningstar
for strong, independent, and reliable advice. The Five Rules for
Successful Stock Investing provides the kind of savvy financial guidance
only a company like Morningstar could offer. Based on the philosophy
that "investing should be fun, but not a game," this comprehensive guide
will put even the most cautious investors back on the right track by
helping them pick the right stocks, find great companies, and understand
the driving forces behind different industries--without paying too much
for their investments.
Written by Morningstar's Director of Stock Analysis, Pat Dorsey, The
Five Rules for Successful Stock Investing includes unparalleled stock
research and investment strategies covering a wide range of
stock-related topics. Investors will profit from such tips as:
* How to dig into a financial statement and find hidden gold . . . and
deception
* How to find great companies that will create shareholder wealth
* How to analyze every corner of the market, from banks to health
care
Informative and highly accessible, The Five Rules for Successful Stock
Investing should be required reading for anyone looking for the right
investment opportunities in today's ever-changing market.