Make Money Work for You--Instead of You Working for It: Lessons from a Portfolio Manager

By William Thomason

Book Overview

An invaluable primer to the world of investing

Money Lessons from a Money Manager speaks directly to the individual who wants to manage their own investment portfolio just like a professional portfolio manager would. Written by portfolio manager William Thomason, this comprehensive guide provides professional investment advice on how to identify, research and ultimately purchase profitable investments. The book covers such subjects as fundamental analysis, understanding financial statements and financial ratios, when to buy and sell, portfolio construction and various investment strategies that readers can use to manage their own money just like a professional portfolio manager. Easy to read and informative, this book is a valuable resource for readers looking to take their first steps in the world of professional portfolio management for themselves.

• Format: Hardcover
• Language: English
• ISBN: 0471465143
• ISBN13: 9780471465140
• Release Date: October 2005
• Publisher: Wiley
• Length: 304 Pages
• Weight: 1.15 lbs.
• Dimensions: 1.1" x 6.4" x 9.2"

Customer Reviews

A clearly written guide for the investing novice.

Given the current economic times I felt that I needed to get my financial house in order. I am a lawyer and believed that I had everything under control, but realized quickly upon reading this book that I have a lot to learn. Mr. Thomason's writing style is very clear and there is not an excess of technical jargon. I think this book can be picked up at any stage of investing and I plan on lending it to family members and friends. Thanks, Mr. Thomason, for helping me get my finances on track in these uncertain times! Much appreciated!

Learn and Earn

Make Money Work for You is the one book that I recommend to novice and experienced investors. Bill Thompson provides information about critical, and sometimes complicated, investment concepts with great clarity and passion. As a portfolio manager, he is able to maintain the readers' interest by integrating useful examples and informative personal vignettes throughout the book. I have shared this book with students who are entering their freshman year and those who are approaching graduation; each group gained a greater understanding of how to effectively invest for the long run. I also suggest it to friends who are members of investment clubs and others who are beginning to focus on retirement options. This book is a great resource that I return to again and again. We have all gained immensely from Thompson's work.

Pleasantly Surprised

I've spent more than ten years in the investment industry incuding time as an analyst. So, I was surprised to learn a thing or two from this book. I've seen and read many books on the investment process. Thomason's book is a great source for the beginning investor. It does a great job at breaking down the investment process--financial statement review, cash flow analysis, differentiation between industry characteristics, as well as strategies for when to buy and sell. Transaction fees, the role of brokers, and how to locate target company information are also well covered. I've purchased extra copies to give to friends and acquaintences that are interested in investing in individual stocks, but don't know where to begin.

Enlightening/encouraging

I would readily recommend this book to my family, friends and colleagues. It is clear, well organized and I found it extremely useful. There was new information for me even though I thought I was pretty savvy in this area of money management. Definitely a book of great value to anyone no matter what their economic level.

Knowledge is Power

I was directed to "Make Money Work for You-Instead of You Working For It", by a seasoned colleague in financial planning. I want to make informed decisions regarding my retirement planning and this text was written for individuals, like me, who lack the formal training but need the basics to make informed decisions. I wish this book was available when I bought my first car 13 years ago, I would have made a different choice!