The Five Rules for Successful Stock Investing: Morningstar's Guide to Building Wealth and Winning in the Market

"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.

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All Customer Reviews
Average Customer Review:
0 of 0 people found the following review helpful:

Common sense, 2008-05-18
I really really like this book and keep going back to it. Mr. Dorsey has a knack for presenting what could be very confusing obtuse financial information and definitions into concise and simple manner without dumbing down the reader. The book has some simple rules that could be incorporated into a stock picking stategy. Combined with other books from william O'Neill and Peter Lynch, it just adds to what goes into picking a great stock. Isn't it wonderful that most of the information is available free on the net? I don't invest in stock recommendation services for the simple fact that I want to learn how to pick good stocks for myself without having to fall back on the crutch of someone else's opinion, cuz that's basically all it is, an opinion.


0 of 0 people found the following review helpful:

Excellent methodology for fundamentally understanding stocks, 2008-04-28
I have been looking for someone to help me better understand how to fundamentally analyze a stock. Mr. Dorsey's book does exactly that. It requires prior basic knowledge, but it leads you to a more complete understanding of how to really know a company. As an individual, I try to invest my small capital as wisely as possible. This book helps me eliminate guestwork. I will read more of his material. THANKS


1 of 1 people found the following review helpful:

Apik , good for fundamental analysis, 2008-04-24
This book gives everything you need about fundamental analysis, including how to see in detail company business. Sangat layak dibeli,tapi tidak banyak menyediakan strategi trading. Not much trading strategies in this book


3 of 4 people found the following review helpful:

Best Investment Book, 2008-01-12
This is the first book which demonstrates how to calculate the intrinsic value of a stock. I read through many famous books like The intelligent investor, How to make money in stocks, Only 3 questions that count, How to beat the street, Technical Analysis of Financial Markets etc etc, but non explained me this most basic fact of how to calculate the intrinsic value.
This book do require basic mathematical knowledge(+ - * / %) but nothing fancy. If you practice the value calculation twice you will get it how to do it for life. Putting it in excel just makes things far easier.


2 of 2 people found the following review helpful:

Great, easy to read book., 2007-06-27
Does not get too bogged down in details and tells you what you need to know. at the same time, if you want to know the details, this book gives you a helping hand and points you to places where you can become even more knowledgable.

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