Valuation

Very comprehensive book addressing almost every situation that should be considered during a buy/sell transaction. Good overview of tax ramifications. Good sample language for all aspects of an agreement for the stock or asset sale of a business. Somewhat slanted toward the buyers' role, but not so much as to be unuseful to the seller. For the attorneys, CPA, etc., this is a good reference source. For the business owner who likes to look over his expert's shoulder, this is the book!

Although my husband and I are fairly sophisticated investors, the title of this book appealed to us. It's written in an easy to read style, without complicated graphs and charts and without a lot of investment jargon. For us, it was interesting to read how the pros on Wall Street pick their stocks -- to "get into their heads" a little-- by reading the profiles. However, this book is really ideal for the novice investor, because it covers many topics and is a terrific overview. The lessons are short, but we see that as an advantage for someone who is new to investing. If the lessons were too long or too complicated, a new investor might not stick with the book long enough to finish it. There is a lot of information in this book. In fact, we're recommending it to some friends who want to get into the stock market, but have no idea where to begin. They would have to spend months reading to learn what's condensed in this book. The book also helps would-be investors learn about sources of information on the Internet (and other places). We think this is a great first book for anyone who wants to get an overview of investing.

This book was the first book I read about the stock market and I found it an easy read and it opened up my mind for the stock market. Acctually it gave me a different view. Much more relaxed view if you like. At the same time I found the author repeting himself too often. You will need further reading but this book is a good beginner and it also plays a role as a guide for further reading.

It is funny how different people can have so many conflicting opinions about the same book. The author interviewed some of the most famous and successful investors in the country. You have to be out of your mind not to come away with something useful. The lessons are not obvious, at least to this humble long-term investor. Maybe if you know everything about the stock market, then devising a strategy, creating rules, cutting your losses, holding winners, minimizing risk by using dollar cost averaging, avoiding trading options and futures and 101 other lessons might be common-sense, but not to me.

Bottom line: One of the best books I have read on investing in the stock market.