The Astute Investor

By Eric L. Prentis

Classification: Investing/Stocks/Finance The Astute Investor reveals investing secrets and demystifies how to invest in the stock market. Anyone Can Learn: The Astute Investor gives investors what... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 0975966014
• ISBN13: 9780975966013
• Release Date: March 2006
• Publisher: Prentis Business
• Length: 404 Pages
• Weight: 0.70 lbs.

Customer Reviews

It Beats Earnings Expectations

We are living in a time when we are being drowned by information from all sides. While this can be a good thing, when you are a person who is interested in investing in the financial markets, so much information can get to be a nuisance. But thankfully there are books like the Astute Investor that ease the way toward achieving the goal of controlling your own financial future. What investing principles and strategies are important? Why do human emotions get in the way of intelligent investing? What is the most promising stock to buy? And how can retirement income be safely doubled, are some of the fundamental questions that are answer in this volume. Eric Prentis has taken bits and pieces of information found in some of the greatest investing books ever written and synthesize that data in this large piece of work. By reading this book, experienced and novice traders alike will find a ton of useful information. At first the book might seem a bit overwhelming due to its vast amount of information, but believe me, if you take your time you will get into the book big time. The book is divided in two parts. The first part contains 10 chapters that include all the steps needed in order to develop a well rounded investing strategy. By following these steps you will never be in the wrong side of the market. The second part of the book covers the steps needed to develop a successful retirement plan. Overall the book can be a great addition to any financial book collection.

A Good Introduction for the Average Investor

The first thing that struck my eye as I opened this book was the sentence: "A foolproof scientific method for flawless execution in the stock market has never been developed and one will never be discovered." It sounds like this fellow knows what he is talking about. Except for the special case of arbitrage, investing is really placing a bet on the future. And it's pretty hard to play in the arbitrage business because there are an awful lot of very smart people with very big computers already doing that. The next thing that I noticed was the long list of web sites given in the contents. The amount of information available on the web is truly amazing, so much that just knowing where to look is difficult. Here is an extensive list along with some description of what to find there. Most of the investment books around haven't yet cought up to the fact that the web exists. Finally I noticed the section on Technical Analysis. This is the first book I've seen that discusses this in simple enough terms that the average investor (I consider myself average) can make sense out of it. Most books on the subject turn out to be statistics texts. In short, this book is intended to take the average investor and make him a more knowledgable investor, more "Astute." Dr. Prentis is trying to make the average investor a bit smarter, a bit more able to understand the investment world and how the big guys operate. He succeeds quite well.

10 Star Investment Out of 5 Possible

The Astute Investor, by Eric L. Prentis is almost certainly the best book ever written about stock market investing. It should be compulsory reading for all investors and advisers. How to make money in the stock market by using a practical ten-step method for investing success is presented. Learn what is actually occurring and likely to occur in the stock market over the long-term of perhaps two-to-five years. Identify whether the stock market is either undervalued or overvalued by using forward-looking data, and with the perspective of monthly data determine the stock market's long-term upward or downward direction. Invest like Warren Buffett by calculating intrinsic value. Discover a negative interest rate spread that helps predict a long-term stock market top. The new Discounted Capital Market Theory provides a theoretical justification for a portion of technical analysis. The Astute Investor, clarifies where to find current data on the Internet and incorporates many useful examples, it expertly explains how to put stock market prospects in the investor's favor. Don't let the page count fool you. Fast, interesting reading.

An absolute must-read for serious investors

The Astute Investor is an in-depth investment guide book that analyzes the answers to such questions as "Is the stock market undervalued or overvalued?" "Is the market in a long-term upward trend or long-term downward trend?" and "What is the most promising stock to buy?" Organized by topic for quick and easy reference, chapters and subheadings include both fundamental information for the novice and advanced issues of analysis from the psychology of trading (including rational and irrational motives), how to interpret the news, a ten-step method for investing success, skillful retirement planning, and much more. An absolute must-read for serious investors that literally pays for itself with its wealth of tips, tricks, techniques, insights, warnings, and solid basic information. Highly recommended.