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

By Christopher Byron

Book Overview

Fund managers and brokerage firm traders have nothing on the savvy individual investor with a PC, Internet access -- and this book.
The Internet has leveled the investment playing field, cutting out the broker as middleman and distributing information once available only to professionals. But challenges still abound: Are there safe ways to invest in the high-tech sector? Is that "hot" IPO you just read about all it's cracked up to be? Where can you go for free, reliable financial information?
In Deleteyourbroker.com, expert stock market commentator Chris Byron demystifies online investing, pointing readers to the most valuable and reliable resources on the Internet and explaining how to use these tools to make well-informed investments. With this as a guide investors will discover:
asset allocation tools that model how much money you invest in different sectors of the market to minimize risk and maximize your returns
customized charts for any stock or index you can think of
balance sheets, earnings and cash flow statements that $1200-an-hour professionals use to analyze the market
the latest on IPOs -- if risk is your game -- from SEC filings to underwriters and more

• 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