Deleteyourbroker.com: Using the Internet to Beat the Pros on Wall Street

By Christopher Byron

Book Overview

Eighteen percent of all stock trades take place on the Internet. Having cut out the middle man and providing information and access once available only to Wall Street professionals, the Internet has leveled the investment playing field. Investing in this new territory can be a challenge -- what do investors really need to know about a company before buying stock, what websites will offer them free financial information, and how can they protect themselves from making poor or misinformed investments? With the same assertive and witty trademark voice he uses as an expert stock market commentator in the New York Observer, Bloomberg News and MSNBC.com, Chris Byron demystifies online investing and shows investors how they can compete successfully with Wall Street. Providing cutting-edge and resourceful financial advice, DELETEYOURBROKER.COM shows readers how to find out about new and exciting investment opportunities and avoid the swindles that abound in today's super-charged stock market. For those who may be Internet savvy but don't know much about investing, Byron includes all the basics--from asset allocation to reading a balance sheet. Full of colorful anecdotes and Byron's rare ability to simplify complex financial issues, DELETEYOURBROKER.COM is an invaluable guidebook to the world of Internet investing.

• Format: Paperback
• Language: English
• ISBN: 0684854694
• ISBN13: 9780684854694
• Release Date: January 2002
• Publisher: Simon & Schuster
• Length: 288 Pages
• Weight: 0.57 lbs.
• Dimensions: 0.8" x 5.5" x 8.4"

Customer Reviews

A Text Book For Early Adopters

As an avid trader, I am always looking for insight into the market. One of the few writers that offers intelligent objective analysis of the market is Christopher Byron. He is willing to take on a difficult task of scolding companies that have had a high flying record, and that are termed by most as the "Must Have" stocks at the moment. His balanced analysis shows the flaws in the most favored of stocks. Byron's greatest strength is in his use of exemplary writing. The difficult task of shifting through an annual report to find nuggets of truth and potential problems is a difficult task. Byron is a mine detector when he evaluates a stock for you. And he uses terminology that allows the novice reader to understand the most complicated of financial terms and equations.I believe that the mark of a great writer is shown by the ability of a highly intelligent person to convey difficult concepts in a manner that the dumbest of people can understand. Byron is one of the few great personal finance writers of our time because even I, a great fool in the stock market, can understand what Byron is trying to explain to novice traders.

Worth the price of admission

This book's list of financial web sites alone was worth the price of admission. Some usual suspects--yahoo, and thestreet.com--and many more that professional investors consult. The newbie investor may be a bit overwhelmed, but if you've graduated to knowing the difference between a market and limit order, you're probably ready and eager to use the Internet to help keep an eye on your money. There's a good appendix of Byron's favorite web sites at the back of the book, so no need to dog-ear the pages when you find Internet gold.

The MASTER of irreverence uncovers great info

If you are at all serious about investing on your own, Deleteyourbroker.com is a must.I've been actively trading for years and I have read all of the Fool books, Suze Orman, Rich Dad, et. al and this ranks right up there as one of the best. If you've never heard of Chris, I think he does a streaming show on MSNBC at Noon each day that you can check out. His style is his irreverant and inimitable.You'll find yourself laughing and really learning how to uncover and decipher information from some of the more informative web sites like Edgar-Online and others. Buy the book, you'll have no regrets