I saw the author on CNBC, talking about how investors could spend 5 minutes reading financial statements and understand stocks like Lucent, WorldCom, Enron. This is a really good book. The examples are easy to understand, the concepts make a lot of sense. Like a lot of people, I'm not a professional investor and my stocks are taking a bath. I don't know if this book could have prevented that but I have some better ideas of what to look for now.
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