Changewave Investing: Secure Your Fortune Now in the Monster Stocks of the New Economy Revolution

by Tobin Smith

Great book Captures the essence of growth-oriented investing in the new millennium. Explains the explosive changes in our economy and show how to discover ChangWave stocks that can make you rich.... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 1885167350
• ISBN13: 9781885167354
• Release Date: June 2000
• Publisher: Wildcat Publishing Company
• Length: 224 Pages
• Weight: 1.15 lbs.
• Dimensions: 1.0" x 6.2" x 9.3"

Customer Reviews

An alternative method for (growth) stock picking

The author presents a method of stock picking that goes outside the P/E value approach most often found. Also, it is not technical stock picking or momentum picking either. He uses external factors like growth rates, competitive analysis of the industry, proprietary nature of the firm's assets. This is the primary value of the book.If you follow the advice from this book you will be investing in high growth stocks using the criteria mentioned above.Other authors who have developed similar, or related, thinking include Geoffrey Moore and A. David Silver. I would recommend their books as well.I did not think this book shilled for their web site. I don't understand other reviewers' comments on this. The author's enthusiasm did bubble over a few times, but there was no blatant sales pitches in this book.Overall: Buy this book if you want to get involved in growth stocks. Also, this book fairly presents the building of a stock selection methodology. You will see how your stock selection system should be reduced to rules, as this one is.John Dunbar

(Gorilla Game 2.0, Motley Fool 2.0, and IBD 2.0) Cubed

This book deserves a rating of 5 stars cubed!Anyone who isinterested in picking stocks for themselves must read this book. Ifyou don't, you will miss an important improvement on how to find stocks that will grow at a vast multiple of the market's overall growth rate. The book extends well beyond three of the best growth stock investment approaches that I have seen, and puts these improvements together in a new way. It is almost like a two generation improvement on picking top growth stocks. The book goes beyond Gorilla Game by building on a successful approach that has already delivered 150 percent annual profit gains for 4 years. In other words, there is a track record to go with this idea . . . not just a back testing on how one might have picked the past winners.The book goes beyond Motley Fool because it has a much more sophisticated approach to screening for top stocks and a more sophisticated network for developing and checking out stock ideas through the ChangeWave Web site. At that site, the ideas are rated, and those whose ideas don't perform well are dropped after a year. I thought that the process described was a good one: Start by looking for change quakes (new irresistible forces of the largest magnitude) then for the Killer Value Proposition that will win out in serving the new trend, then locating which will be the leading change waves (currently such as B to B and virtual enterprises), then to the fastest growing sectors within the change waves, on to Superior Space, and finally to locating the Wave Runner Companies. Then you are given lots of technical ideas for when to buy and sell.The book goes beyond the ideas reflected in Investors Business Daily by providing much more understanding of the reasons why a company will prosper in the future.I also liked the logic of how to diversify a little in a concentrated portfolio so your winners can squeeze out the losers.However, from reading the book, I can see that there will have to be a ChangeWave Investing 2.0 at some point. Mr. Smith is a little hazy on some of his basics. Where he describes how a company gets valued is both simplistic and wrong. I also saw an overreliance on extending trends, rather than understanding the underlying elasticities of technologies and demand that create the growth that he is trying to forecast. I think this Alliance idea will work well in helping investors to more quickly understand the implications of new technology standards, but I think that it will be less helpful in assessing the potential of disruptive rather than follow-on technologies. I could go on, but you can see that the idea requires further building to reach its full potential.This book is well beyond anything I have read about picking stocks. I plan to start visiting the Web site to better understand the process. I suggest that you do the same as well.If you have been burned in the past with ways to pick stocks, don't fall prey to the disbelief stall that something new ca

Perfect book to help you succeed in the market for 2000-2010

This book really changed my entire point of view concerning tech stocks for the next decade. Awsome for people familiar with Gorilla stock investing,potential 10 baggers and finding Game Over Dominant stocks(G.O.D.'s) If you're the type of investor that stays up all night looking to find which stock will be the next Dell,Emc,Cisco this book will straighten out your approach. Don't miss out,buy it,read it and profit.I liked it so much that i even subscribed to his online newsletter.Good luck!

Change Wave Investing

As the stock market has risen to new heights in recent years, high-tech stocks have led the way. However, most novice investors, do not truly understand the tech stocks they own or how they interface with our new economy. Tobin Smith, author of Change Wave helps to put it all together it terms of products and services that will dominate or play a supporting cast in the evolving technology world. This book would be a useful guide for investors, both beginners and pros. The book is insightful on how the tech sectors (communications, semiconductors, computers, software, and Internet stocks) interact and which companies will create dominant positions and stockholder profits. Smith presents his own strategy for picking tech stocks, and offers recommendations of stocks and technology. This stock picking strategy I found to be different , enlightening and lucrative.

ChangeWave Investing: A must read!

I was lucky enough to get an advanced proof of this book andwas amazed at how easy it was to read. I have been a"ChangeWaver" via e-mail for over a year and have profited handsomely. The real power of this book and investment model will be the ChangeWave Alliance. Open Source Investing and ChangeWave.com will rock Wall Street. By linking 1,000's of new economy professionals who eat and breathe new technology every day and aligning their knowlege and investment goals with a singular investment model and investment analysis logic is one of the most powerful concepts I have ever seen. Those of us who realize that Wall Street is about creating fee's from investment banking ( I am one I should know) by using positive analyst comments to make and move a stock have often wondered when this dirty little secret would be unveiled in the open information world of the internet. Unbiased investment research is the key to discovering the next "Game Over Dominators" and with 20 million online investors by 2003 it will be their collective power (and ChangeWave research) that will move the markets.How else do you explain a person who "writes reports" earning up to $15 million a year...give me a break. When smart people see this for what it really is the mataphoical "Komona" will be opened. When a subset of highly informed and disciplined investors apply this model and make investing decisions accordingly watch out. Tobin Smith's network of ChangeWavers may become THE market movers of the future. Remember, the "Network is the Guru"!.