The Beardstown Ladies' Common-Sense Investment Guide: How We Beat the Stock Market - And How You Can Too

by Leslie Whitaker, The Beardstown Ladies Investment Club, The Beardstown Ladies' Investment Club

Book Overview

THE BEARDSTOWN LADIES' COMMONSENSE INVESTMENT GUIDE This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 0786881208
• Release Date: January 1996
• Publisher: Hyperion
• Length: 256 Pages
• Weight: 0.90 lbs.
• Dimensions: 8.9" x 0.6" x 5.7"

Customer Reviews

A "How-To" guide for picking winning stocks, that works!

Men . . . don't let the title of this book throw you off! I originally purchased this book for my wife, never intending to read it myself. It was lucky for me that I did. These ladies have their act together. They willingly share their methods, which anyone can understand and follow. I found this book to be well written, easy to read, and well worth the price. This book could easily become the Bible for beginning stock investors. It certainly worked for me.

It inspired 45 women in my small town to form 3 clubs!

Reading the Beardstown Ladies Common Sense Guide to Investing two years ago excited women in my little town (pop.6500) causing us to use the Beardstown guidelines to form 3 clubs. We have experienced returns from 25.6% to 27% on our respective portfolios - certainly better than money market funds or other methods of saving. The guide is easy to read; easy to understand; although the stock selection guides are not a piece of cake but well worth learning. I reccomend this book to anyone wanting to find a better way to save for their future retirement.As a final note we also have one men's club (they are not as adventurous, maybe!) and we are in the process of forming 2 more 15 member clubs making a total of 5 womens clubs and 1 men's club! All using the Beardstown concept!!!! Many Thanks to the Beardstown ladies!

Easily understood guide to investing success.

The Beardstown Ladies Investment Club has become a legend in investment club lore. This book has inspired thousands of individuals to get into the stock market. It's not for nothing that NAIC's "Official Guide" is emblazoned on the cover "From The People Who Taught the Beardstown Ladies," since the Ladies' success required in large part NAIC's move into a larger headquarters building a year or so ago! The book is an easy read, even before you get to the recipes at the end, and why not? Who said investing was rocket science, anyway? Personally, I would quibble with a few of their guidelines for stock investing -- the Ladies require a stock to have a Value Line Timeliness rating of 1 or 2 before they will consider buying it, but since Timeliness is a short-term measure, I think it's pretty irrelevant for the Ladies' long-term, growth stock investing methods; the Ladies say they won't buy a stock over $25, but odd-lot differential surcharges disappeared a long time ago, making this an old-fashioned notion about the need for buying in round lots (and to their credit, Betty Sinnock, one of the Ladies, now reports that this rule is no longer in force). Still, by following the strategies outlined in this book, an investor would surely find investing success. Like other successful individuals in any field, the Beardstown Ladies have withstood their share of vitriolic attacks from financial professionals and the media, but the well-deserved accolades have most certainly overshadowed the self-serving criticism. The Ladies have obviously enjoyed being a part of their investment club. Returns from fellowship and friendship are much harder to measure than the returns of a stock portfolio, but just as important in the scheme of thing and more easily forgotten -- a lesson not lost on the Ladies of Beardstown.

Excellent book for anyone new to the stock market.

I just started an investment club with a group of friends and this book has become our bible. It is a must for anyone new to investment clubs or individual investing