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One Up On Wall Street: How To Use What You Already Know To Make Money In The Market

Peter Lynch, John Rothchild

One Up On Wall Street: How To Use What You Already Know To Make Money In The Market - image
Rating: 4.5/5 Stars
Rank: 2423
Writing with Rothchild ( A Fool and His Money ), Lynch, director of the Fidelity Magellan Fund, the nation's largest equity fund ($9 billion in assets), argues that average investors can beat Wall Street professionals by using the information that they encounter in their everyday lives.

For example, Lynch invested in Hanes after his wife told him about the popularity of L'eggs pantyhose. Other winning stocks that average investors could have picked well before Wall Street became aware of them include LaQuinta motels, the Limited clothing store chain and Agency Rent-A-Car, note the authors.

They advise readers to look for spectacular growth among companies that sound dull; do something disagreeable; are spinoffs; are buying back theor own stock.

They caution readers to avoid companies touted as the next IBM or Xerox; that are diversifying ("diworseifying"); that depend on a single customer.

The book is also a primer on how the stock market works and is written in a light, entertaining style. Investors will be able to put the shrewd insights presented to good use. Author tour.
Copyright 1988 Reed Business Information, Inc.--This text refers to the Hardcover edition.

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About the Author

Peter Lynch is vice chairman of Fidelity Management & Research Company -- the investment advisor arm of Fidelity Investments -- and a member of the Board of Trustees of the Fidelity funds.

Mr. Lynch was portfolio manager of Fidelity Magellan Fund, which was the best performing fund in the world under his leadership from May 1977 to May 1990.

He is the co-author of the bestselling Beating the Street and Learn to Earn, a beginner's guide to the basics of investing and business.

He lives in the Boston area.

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Editorials

Sample 3 of 6

One Up On Wall Street: How To Use What You Already Know To Make Money In The Market
Peter Lynch, John Rothchild
 Review
Anise C. WallaceThe New York TimesMr. Lynch's investment record puts him in a league by himself.
 Book Description
THE NATIONAL BESTSELLING BOOK THAT EVERY INVESTOR SHOULD OWN Peter Lynch is America's number-one money manager. His mantra: Average investors can become experts in their own field and can pick winning stocks as effectively... read full editorial
 Book Info
Author provides his take on the incredible rise of Internet stocks, as well as a list of twenty winning companies of high-tech '90s. Suggests that investors can continue to reap exceptional rewards from... read full editorial




Customer Reviews

Sample 3 of 54

One Up On Wall Street: How To Use What You Already Know To Make Money In The Market
Peter Lynch, John Rothchild
 RECOMMENED
(South Africa) March 9, 2003 - 5.0/5 stars
When looking for recommended stock market investment books, I made a list of books touted by Morningstar [...] as good reading. I selected about 6 books to read, some of them I thought were easy to read & others not so easy,... read full review
 Brilliantly Simple
(San Diego) January 10, 2005 - 5.0/5 stars
One of the best investing books I've ever read. This is easily a classic, and a must read for anyone doing any investing whatsoever. It's an entertaining and informative read, and not boring or technical at all.
 Lynch's techniques worked for me
(Mesa, Arizona) September 3, 2003 - 5.0/5 stars
While I am not wealthy (yet) I did find much of what Mr. Lynch pointed out in his book "One Up On Wall Street" very helpful and the book itself is very informative. Lynch's approach of "buy what you know" is a very good idea... read full review




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