Preface

This book is for the individual investor. It is all about investing, not trading, because investing is the way to make money in the stock market. Transaction-oriented Wall Street, unfortunately, tends to discourage and even hinder proper investing. Brokerage advice can be misleading, even contradictory. Professional insiders know better than to take the Street literally. You need to take the same approach. Do what Wall Street does, not what it says. This book will show you how to avoid Street pitfalls, circumvent inappropriate research guidance, correctly interpret Wall Street commentary and opinions, properly assess statements by corporate executives, and put news media reports in their proper context. It will provide you with an understanding ...

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