Michael Sivy's Rules of Investing: How to Pick Stocks Like a Pro

by Michael Sivy

Book Overview

Shares the secrets of smart investing, explaining how to make money in three to five years by using the proven principles used by stock market professionals to create large returns on wise investment decisions.

• Format: Hardcover
• Language: English
• ISBN: 0446519820
• ISBN13: 9780446519823
• Release Date: May 1996
• Publisher: Grand Central Publishing
• Length: 288 Pages
• Weight: 1.23 lbs.
• Dimensions: 1.0" x 6.4" x 9.4"

Customer Reviews

Excellent survey of investing from 1996

I have been playing with stocks for one year, and have an interest in economics. Sivy's book provided me with a comprehensive overview of investing strategies. The author has a witty and readable writing style. The basics of stocks, bonds, mutual funds, foreign stocks, etc. are all covered. Also covered were the basic investing strategies, including value, growth, business cycle, inflation cycle, income. I suspect that a person with no background in stocks or economics would find this book challenging. This edition is from 1996, and contains some information that has been overtaken by events. Aside from this, I would have awarded this book 5 stars.

Good introduction to common stock investing

Beginning investors looking for a little general direction will enjoy this book by Money Magazine's Wall Street editor. Sivy recommends active asset allocation as your stock strategy. In other words, hold stocks, bonds and other vehicles in general percentage ranges, and adjust according to your view of the economic outlook. Staying within your ranges will prevent disasters when markets turn. His book also covers growth,income, and value investing, and devotes chapters 10-13 to more advanced investing. It's an excellent primer for investors who want to get started in stocks, and also for those who have been primarily in mutual funds but now want to incorporate common stock strategies into their investing. Copyright 1998 by Michael Pellecchia,

A well rounded book on stock selection

A readable, well rounded book. He shows the thinking which goes into each stock selection technique and gives examples.

Good for the beginner investor

Before investing, one must understand how the markets work and why stocks in particular offer the best vehicle for decent return on your money. Michael Sivy does a good job explaining common Wall Street jargon, making the market understanable. As well, he offers some stocks as good selections for a diverse portfolio as well as his rationale for these choices. By no means should one attempt to follow his advice verbatim but instead one should try to see if one can begin to analyse the stock market and use the knowledge gained after reading this book.Very well written, concise, and informative.