Business Money Books

Some reviews think this book is about

* using technical analysis to buy and sell stocks in general, it is not, it is about buying the best of breed (in the very best industry groups) when the time is right and only this point is determined by looking at the chart, once this is passed in strong volume, chances are good that prices will move higher. (VOLUME is one of the classic indicators, see Livermore, Darvas etc)

* it is pushing IBD too hard, I agree on that, and I would give it 4.5 points if it were possible because of that, but IBD and esp. dailygraphs.com is simply saving you hours every day.

* think there are still too many good stocks around even in IBD and they don't say buy or sell this stock now. I remember having read Livermore's thoughts via the "make an easy buck in the stock market" crowd, "how easy is it to make a quick buck with brain surgery?" It takes a lot of work everyday to check the potential stocks.

* not all chart patterns are 100% up to the rules, this is correct but one would also check the daily charts and this might explain a bit.

Overall the book contains top advice based on old truths.

Another book that has lots of charts and explains the stages/cycles of stocks is Weinsteins "Secret for profiting..." Weinstein has good suggestions for longterm stop movement, while Weinstein is not interested in the quality of the company, it is worthwhile to read it because of the stock stages.(as mentioned in O`Neils book on when to sell, the quality of the stock -e.g. stellar growth outlook- is not important only price/volume action - a hint for DISTRIBUTION, in the stock market the future is now)

Pros:

* I know nothing about the stock market until I read this book.
* Very well explain on how to tackle the market during good times or bad.
* Even you know nothing about stock, you can have better understanding on this industry once you have read this book.

Cons:

* This book is good for gaining more knowledge but does not provide any plan or action that we need to take in order to succeed in this business. Overall, it is still ok.

I haven't traded one share of stock in the Market...yet. With that having been said, I figured, if you're going to get advice about how to be successful in the Market, you may as well go to someone who knows. William J. O'Neil has been trading since the early 1960's. He bought a seat on the Exchange in 1963. William J. is also the founder of Investor's Business Daily (IBD). If you are interested in the Market and you haven't read an IBD, I would suggest that you at least try it. Information is the key to making sound decisions.
As a whole, the book is basically an advertisment for IBD. But don't let that get in the way of the information, guidance, logic, and strategies that are offered within the book. Before reading this book, I didn't have a clue about trading stocks. Now, I'm confident that I can pick a potential winner, take a position at the right time under he right conditions, take profits at the right time and, if necessary, bail out with minimum losses.
I definately recommend this book.

William O'Neil, who started a successful financial paper known as Investors Business Daily, wrote How to Make Money in Stocks. Decade of research, critical thinking and common sense has helped O'Neil to create some very powerful ways of investing successfully.

This book isn't about getting rich quick. It takes time, study diligence and patience coupled with controlling ones emotions to become an excellent investor.

I have read many books, magazines and articles on investing in stocks, bonds, mutual funds and more over the years. O'Neil's ideas are some of the most solid and consistent I have found to apply to the stock market.

In the book he teaches his CAN SLIM method of investing. Looking at these indicators are powerful ways to find the right stocks. CAN SLIM stands for:

C = Current Quarterly Earnings per share: The Higher the Better
A = Annual Earnings Increases: Look for Growth
N = New Products, New Management, New Highs
S = Supply and Demand
L = Leader or Laggard
I = Institutional Sponsorship
M = Market Direction

There are other great ideas in the book such as: Nineteen Common Mistakes Most Investors Make, How to Cut Your Losses, When to Sell and Take Your Profit and much more. How to Make Money in Stocks is a gold mine of ideas!

The Re-Discovery of Common Sense: A Guide to: The Lost Art of Critical Thinking

Do not listen to the negative opinions or reviews. They will not make you a dime. This book will teach a way of thinking to begin to make money in stocks. There are no books that you can buy that I know of that hand you a winning secret that will make you money, and I've read about 150 investment books. This book is your introduction to the world of Bill O'Neil, an investing giant who has made enough of a fortune in the market so that he has no need to A)sell books or
B)sell newspapers to make money as others here have suggested. Those of you that are old enough may understand that in a certain point in your career you want to leave a legacy, and it appears that this is O'Neils motivation. As a successful non-financial professional, I can tell you that you can make much more in the market than you can ever make in any other job, and this is even more true for a trader such as O'Neil, and he has no need to scam anyone as some other posters have suggested.
The book is really a detailed outline of what you need to do to make big money in the market. The theory is really a continuation of previous authors extending back to jesse Livermore. Yes, O'Neil pushes the paper, Investors Business Daily (IBD), but the paper really is essential to your investing success. There is no comparison to the entertaining but useless (for making money trading)Wall Street Journal. IBD is really like having a personal research department -it's that good. You cannot superficially approach the book or the paper and expect to make money. What you are getting is the only available entre that I know of for non-wall street professionals into the world of making money trading stocks. Do not pass the opportunity to begin this journey.

I first read about the turtles in Market Wizard and was excited when I saw this book. Well written book which covers what makes the author(a turtle) successful and also the turtle trading system.

This book makes you think differently about trading stocks. It follows the approach of the Turtles, a straightforward and rigid method of systems trading. This is NOT a book about INVESTING in stocks but rather about short and medium term trading futures markets.

This book would be helpful for anyone interested in learning how to or in advancing their skill in day trading, technical analysis, and systems trading, with an emphasis on the psychological factors that affect performance. Five stars!

I won't repeat what has already been said so well by the many reviewers who found incredible value in this book, as I have. I simply want to emphasise the importance of this book for its insight and valuable lessons into the psychology of trading.

I have been trading the markets now for about 6 months, and almost every day, I come back to this book in my mind and remember the lessons it taught me, including the SINGLE MOST VALUABLE FACT ABOUT TRADING: you will likely lose on MOST of your trades, yet this is essential to winning in the market!

It seems counterintuitive, especially if you have seen ads from the hypesters and hipsters who promise to give you tips that are "89% accurate" and so forth. Mr. Faith's extensive work with testing trading systems using modern computerized simulation techniques virtually proves that you cannot successfully make money with systematic trading systems unless you get in the game, stay in the game, and follow the rules of the game. This means most of your trades will LOSE MONEY, but not very much money. The few times that you do actually realize a profit will more than make up for the many times you don't, and that's the key, right there!

There's a lot more in this book, but for me, this is the biggest takeaway -- how to manage your money and follow your system so you can amass a fortune even while losing on most of your trades! How liberating is THAT concept? It's everything!

Takes a long time to get to the meat, but I suppose it is a necessary developement of understanding the meat to have this outline. Will be reading a second time.

I was soooo excited to read this book. Here is a trading legend what wants to spill the beans on how he did it, right? WRONG. This book simply rehashed old trading ideas, some are very old, that have been done in other forums and books over the years. He plugged his own software so many times that the book read like an advertisement for his it.

I found it interesting that he did not reveal anything that was going on with his current trading. I've heard all of the stories of the Turtle days; show me what you have done since. Tell me about the big trends you hit in the 1990's and earlier this decade. That would be fantastic - but he didn't. It would have added substance to the book.

Instead the author tells you he hasn't traded since the 1980s and has worked on other adventures. I find this hard to believe. How can the most successful trader of the Turtle class not trade? You have been given the gift of a wonderful education by Richard Dennis and you don't use it? Come on - this is too much to believe. Certainly you have traded right?

It was disappointing to say the least. A book written for a publishing advance is my opinion. It could have been much better. The author could have included details on the behind the scenes. Faith had access to the most noted trader in Chicago. Talk about what he was like and what the office was like. Talk about trades you have made since the 1980s and talk about the profits you made for other customers - not just Dennis - since the experiment was over. This would make the book better.

Provide more details on what you did with the information and how it changed your life. What is what the title implies 'Way of the Turtle'. The book is nothing more than a technical indicator book, something we have all done and seen many times before. I was very disappointed.

I struggled with giving one or two stars on this one. Part of me feels he deserves one star because the book was soooo bad. However, I posted two stars. He is a new author so I won't penalize him for so many oversights on the first attempt. Call it grading on the curve.

I checked this book out from my local library. It has changed my life and finances for the better. I am in far better financial shape now than when I was addicted to debt. I bought Dave's other book for my brother and I am now buying this one for my neice's wedding. I just wish that someone gave me this book 22 years ago when I got married!

I approach is simple. Get out and stay out of debt using his baby steps. I recommend listening to his radio show to help reinforce the principles of the book and provide encouragement.

This book is a good first step towards Financial Peace. This book explains an overview of Dave's history, and how to find Financial Peace. Ramsey's next book "Total Money Makeover" explains in more detail HOW to find Financial Peace.

This book is written as a high-level primer on how you'll proceed towards a debt-free life. It's not needed if you visit www.daveramsey.com or listen to Dave's radio show, but serves it's purpose.

I wish I would have read this book twenty years ago! It will be required reading for my kids.

I have read 4 of Dave's books. I would rank this # 2 behind The Total Money Makeover or the Workbook version of the same title. The concepts are similar to the Total Money makeover but less examples of how to do things and how to put into practice versus The total Money makeover. On that basis, I would recommend reading the Total money makeover first, then this one for other insights. This book does still give you the groundwork of how to do it (get out of debt) and put into practice healthy habits that will make you rich over time.

Ames, your review of Financial Peace is so full of jealousy and resentment it is truly sad.

"When Dave Ramsey can live off of $24,000.00 a year, and have a family, then perhaps I can listen to him." He's actually had to live off less than that in the past and even went bankrupt before he got his act together. So he's walked in your shoes, didn't like how they fit, and decided to DO something about it.

"However, I believe in putting my family first. That does not include getting two or three jobs to pay off debt, and make my family suffer; no way!" Great job, Ames! Way to use your family as an excuse to be lazy and mediocre! By getting out of debt as soon as possible, you ARE putting your family first! Have you ever heard of the notion of "short-term suffering for long-term gain"? Obviously not. Dave isn't saying go get three jobs for the rest of your life and neglect your family. He's saying if you have to get three jobs for six months or a year or two to get out of debt, so be it. So what if you miss out on some time with your kids? Your wife should be their primary caregiver anyway! As the man and head of your household, your primary role is PROVIDER, not loving caregiver. By getting your family out of debt, budgeting, investing, and giving, you're giving your kids an example to follow for the rest of their lives - something far more important than "playtime".

"Dave claims to be a religious man, and if that were the case, he would realize that the Bible says that family comes before the love of money (as well as a few other things)" No, he claims to be a Christian, and all of his ideas and attitudes about money are Biblically sound. Nothing about Dave's plan advocates the love of money. It advocates the responsible stewardship of what God has given us, caring enough about our families to not be broke, and generous giving.

"And finally, the man makes hundreds of thousands a year. I just can't follow the words of someone who does that and expects normal people to live." No, he makes millions a year and he deserves every cent. So you must only follow the advice of "normal" people, right? If two people at the same level just keep taking one another's advice, they'll both stay exactly where they are. An intelligent person finds those who have done better than himself and follows their example. But you just go ahead and keep following the advice of "normal" people - I'm sure you'll keep raking in that $24K a year - hope you're satisfied with that. Nothing about Dave's plan involves being normal or average. Normal people use credit cards. Normal people don't have a clue what discipline and restraint are. Normal people fight about money and get divorced. Sounds great to me, let's all be normal! No thanks, I'd rather live like no one else so that later I can live like no one else!

What it comes down to Ames, is that you don't have the discipline, desire, or sense of responsibility necessary to do anything different from what the average American does. So stay mired in the muck of mediocrity with all the other normal people - I'll be sure to wave to you on my way up to something better for me and my family.

Financial Peace gets 5 stars, Ames' review gets the goose egg.

Rich Dad's Guide to Investing: What the Rich Invest in, That the Poor and the Middle Class Do Not!

Robert Kiyosaki has openned my eyes: after being 15 year working for several companies as Corporate Treasurer, Senior Operations Controller and responsible for starting-up several buisness units for my employer, I finally was inspired by Kiyosaki's Guide to investing and how you can create your own money, creating assets without buying them, going through a transformation process "trash to cash".

I look at Financial Statements from a different perspective, not as a means of informing someone else of the company's performance, but as someone who would be an inside investor.

This book is really great!!

Excellent book for starters on the way to financial freedom or people who would prefer to be inspired by common sense approach intellect that provides a base to slingshot their financial freedom and start getting out of the rat race

Every time I pick up a Rich Dad, Poor Dad book I get so excited about all the unique and life changing information that it is sure to hold for me. Then I start trying to read it. . .

I truly believe that Kiyosaki means well but he is such a terrible, awful, wretched, and inept writer that I am forced over and over again to labor into finding what he is actually trying to communicate. He writes in endless circles, teasing you with a juicy bit of information and then taking a hairpin turn back into meaningless restatements of his personal life and literary procrastinations. I scream, "What are you even trying to say and when will you give me something that I can use!!!"

And there we have the real issue. This book leaves me full of tidbits that I have no idea how to incorporate into my life. How can I possibly suss out a functional process of investing from this dizzying maze of high school writing skills and meaningless anecdotes?

It continues on some of the topics from his first book(Rich Dad Poor Dad- a five star book) but kind of leaves you feeling inspired but needing more information. The ratios given in the book are a few of the many that are taught to finance students but in using them care needs to be taken. Companies have manipulated the financial statements used in these formulas before to get the wanted outcome. Its a good book but feels drawn out, like it could have been condensed a bit. I would buy again for the price its going for.

Must read if you are interested in investing in any area. Stocks, RE, Futures, whatever. Very informative in the normal Rich Dad way. I think this is third in the series and one of the most important!

This book is a great place to start for learning about the long-term crisis the federal government is facing. It is entertaining, with a great narrative style, some fun stories, and tons of informative graphs. Further, it is thoroughly researched, with helpful citations addressing the critical arguments our nation's leaders will face as they try to solve this. It is scrupulously non-partisan and fact-based, a real breath of fresh air. This is THE book to start with. It dovetails nicely with the new movie, I.O. U.S.A. I've bought a half-dozen copies of this book and given them to others interesting in public policy. HIGHLY recommended.

The awful truth is that we have been fooling ourselves and we have let ourselves be fooled, both voters and politicians themselves. Fooled ourselves into thinking that the finances of the United States are just fine.

This book tells us what a financial disaster awaits us the next few decades. The worst thing is, apparently it is not even a major theme in the current presidential election, because we have picked presidential candidates that are not strong in economics. Another four years from now, we will pick someone who is strong on economics, and then start doing something about it.

The book is mainly making us aware of roughly what are the issues. That is accomplished in the very beginning, and after that the authors keep repeating the same points in different words, which I thought was somewhat boring. Yet, it is nicely written, it's got nice anecdotes here and there, and in the end there is more information on what our options are. It would have been nice if they went a little bit deeper into the matter, to explain even more about how things work, etc. But the authors kept it simple and easy to understand, and maybe, as voters, we only need to know a simple thing that the government needs to do, and we already knew this for ourselves: When in debt, you need to get more money and spend less!

The most difficult thing will be to actually vote for a candidate who dares to talk about tough financial issues, as opposed to most candidates who seem to be all charisma and vague promises, and when elected, let the next president clean up the mess.

Even as a CPA, I had never really thought about what the country's national debt (over $9 trillion and climbing) meant to me and future generations.

You don't have to be a CPA to get something out of this book; it is written in a manner that provides nice summaries of complicated issues. Even better, it provides references so you can learn more. The book is balanced and does not appear to have a political slant.

As increasing Federal deficits affect every American, I can't recommend this book enough, especially in an election year.

This is an excellent book which describes in understandable terms the problems with the federal budget deficits and growing national debt

This book makes these very complex topics easy reading. As other reviewers here mention, the book spends a disproportionate amount of time on SS and Medicare, and almost no time on Defense. (My guess is because this a bi-partisan effort, and people on opposite sides of the fence tend to disagree strongly in the area of defense.) Regardless, this is a wonderful book and helped me to better understand how a lot of this stuff works. I especially enjoyed the chapter on "pork" spending -- and how it amounts to perhaps 4% of the federal budget. READ THIS BOOK before the presidential debates begin! Educate yourself so you can decide which candidates actually know what they're talking about, and which ones are blowing smoke. Our country is facing serious fiscal problems and they are not going to just magically go away.

I think all women should read this book and share it with others (family and children). Not only does Mr. Bach discuss how saving a little here and there can help with retirement, but he also gives women inspiration to live out (and especially to finance) their dreams. A wonderful book.

You don't have to be a rocket scientist to become wealthy and this book details how easy it can be. If you're looking for glitz and glamour and "get rich quick" this isn't it. There's no such thing as an overnight success. Read David's book and get going on the road to wealth.

Love all his books - bought this, gave it someone and had to buy it again. It all depends what level you are on. Not too much non-common sense, but good for women to read.

I bought this book because I heard so many positive things about it. I am in my 50's, five years ago I went from having the wonderful life that all women dream of. I had the beautiful home in the suburbs, 2 beautiful children, friends, you name it I had it. Then I lost it all in the blink of an eye. I had relied on my husband to handle all the finances I couldn't tell you the balance in the check book. All I knew was he made the money and I spent it. Thank the Lord I was a RN, but I hadn't worked in quite a few years. I am not going to go into detail what happened but when I said I had nothing but the clothes on my back I mean just that. I have been working two jobs for the past five years making good money but I have NOTHING to show for it. By reading Suze book I was able to identify myself, it is so easy to understand that someone like myself with NO understanding of finance can take her suggestions and work them into my present life. It is going to take discipline on my part and learning to say NO to my children is going to be the hardest. But, I need to take care of myself. This book was just what I needed to read. I highlighted areas, I keep going back and re-reading certain sections. I keep it next to my bed. Buying this book was one of the best things I have done for myself.

Smart Women Finish Rich is a bit different from other financial books I've read. I have to admit I was surprised with how well David Bach addressed both the emotional and intellectual relationship women have with money. His grandmother taught him well.

I am going to say that Smart Women Finish Rich is more for a financial beginner than a woman with financial savvy. It's a well thought out system of gaining and keeping control of your financial self-sufficiency. Bach has filled this book with definitions, resources, quizzes, systems, exercises and tables. I was impressed and give it a must read if you're serious about becoming more financially organized.

David Bach addresses both the heart and the head in Smart Women Finish Rich. He used the lessons he learned from his grandmother, and his mother, as inspiration. After growing up with two such powerful role models, he was surprised by the number of financially uniformed women. Many of the women who came to him for financial advice, had no clue about building financial security.

Smart Women Finish Rich is easy to understand. I read it and "got it." This is a "how to" book that involves a commitment on your part to read, work and put the assignments and lessons into daily practice. Bach has carefully given us valuable financial keys, now it's up to us to follow through.

What you'll get out of this book is going to depend on what you're willing to put into it. It's a book that has the potential to give you a great foundation for financial self-sufficiency.

Here are some of the areas I found particularly useful:

1.The first exercise, "Financial Knowledge Quiz" is a great practical place to start. I found it to be thoughtful and quite an eye-opener. I learned about how well (and sometimes not so well) I understood the role money played in my life.

2. David Bach is adamant about pinpointing the reason money is important to you. To find this out, you'll need to examine your money values and ask yourself if your financial behavior matches those values. He provides a simple but thoughtful exercise called the "Values Ladder."

3. Smart Women Finish Rich is a great blend of exercises, systems, quizzes and practical "real world" information. For example, the "Finish Rich File Folder System" is a simple, easy-to-follow and yet an organizational time saver.

I definitely give Smart Women Finish Rich five stars! If you're ready and serious about getting your financial house and monetary priorities in order, this is the book for you!

The 4 chants taught in the book are the keys to maintaining a peaceful consciousness that is very difficult to achieve in this world of noise and chaos. Once you get into the habit of chanting the Zero Limit keys, it gets easier to manage your life and takes less and less time to get into zero state which is the God state, or your moving into your center state. Try it. There's nothing to lose by learning something new.

This book's focus is love, forgiveness, taking responsibility for your life, and living in the present rather than hanging onto regret and recrimination. Most spiritual approaches share these beliefs and the book presents little that is new, except its aloha twist. Author Joe Vitale brings in the Hawaiian perspective of his co-author, Ihaleakala Hew Len, a Hawaiian therapist and Ph.D., who advocates the "//ho'oponopono//" method. The authors' emphasis on cleansing and love is a lot like the repentance and love of Christianity, and the emphasis on the universe existing only in your mind has a neo-Buddhist flavor. Skeptics may find that the recommendation to make a batch of special cleansing water pushes their envelope one notch too far. A larger stumbling block is that although many spiritual leaders teach the emptiness of pursuing money and material wealth, this book makes wealth a goal, and suggests that you can receive riches by ridding yourself of blocked memories. To talk of spirituality as the source of record-breaking sales of luxury sedans seems somewhat self-contradictory, but the book is otherwise straight new-age self-help, though// getAbstract// appreciates its Hawaiian flavor.

Zero Limits-Read it, study it, practice it daily and change your life forever! May you experience Peace beyond all understanding!

After finishing this book I felt that I received little from it . . not enough meaningful content. I did feel however like Joe was pitching many other products in this book that he has a financial interest in. Knowning what I know now I wouldn't bother reading this book. This bookt didn't even rate a space on my library shelves.

I like parts of this a lot but didn't rate it well because it has little substance. In the very beginning he admits that this book doesn't teach Ho'oponopono and tells you if you want to learn Ho'oponopono go to one of the weekend workshops.


Things I like:

* Uplifting, he knows how to motivate his target audience.
* Gives the stories of others who have used this method successfully.
* Although the focus of this book is money it also shows that this technique can be utilized for anything and everything.

Things I didn't like:

* It felt like work to get to past the infomercials and self aggrandizement. The majority of people on the tape that told their stories were also plugging their products, I wonder if they had to pay for their spot in this book?
* This LONG book only gives you a brief over view of the idea but it's not even an elementary level primer on Ho'oponopono.

* A HUGE concern is that he admits that this technique made him realize that what he taught in previous books was wrong or obsolete.

He says he felt deep concern and guilt because he has taught the wrong information. This was followed by the explanation that the other books can help people at lower levels of understanding. I totally agree with that but if he ACTUALLY believes this and isn't simply making excuses to continue selling & teaching incorrect information then why does he constantly plug those books in this one.

If we're ready for the information that truly works then why try to interest us in information that he acknowledges is WRONG? This is a red flag.

This book which I purchased new from Amazon is missing pages 297-344. If I tried to understand the hot topic in all of finance right now I'd be up a creek because the publisher didn't feel I should have the tools to learn about it. Ridiculous for a book in its fifth edition.

This book is not an advanced book on financial markets, but it is a good introductory book. I use this book for my undergraduate teaching. Both I and students are happy about the coverage of the book. It is well organized and well written. Improvements will be valuable in the derivatives markets and risk management areas.

I've used some version of this book for many years now, and I've seen it evolve. I think, as other reviewers have said, that there are some simplified portions of the book, especially those parts dealing with monetary economics. There are other portions which lay out the principles as only these authors can, and those parts are extremely helpful and valuable. This book allows me to teach my notes and thoughts with a textbook serving as a reference and an introduction -- it doesn't get in my way, in other words. I use it along with several other texts, and I think it gets the job done. Students seem to like it as well, mainly for its clarity. For someone wanting to learn the basics, this is an excellent choice.

Although this might be a perfect book for those looking for simplicity, I would not advise it to anybody with previous exposure to finance.
The book is a way too simple, and reveals huge ignorance on the markets outside the US.
I think the book is very much a benchmark to reveal ignorant finance - teachers.

Too many errors to be a useful text for a serious course in financial markets. Virtually ignores the market for mortgage backed securities. Ignores the interest on interest component of total return. Discussion of zeroes is muddled. Discussion of YTM is incomplete. Even the chapters on commercial banks and Fed policy contain the same old mistakes seen in most money and banking texts.

I've heard all Jim's books and I remain a huge fan of his teachings. I have utilized his advice for my investment strategy.

A great follow-up by Jim Cramer to his book "Real Money." In "Real Money" (read that one first), Jim explains some of the basic ideas you can use to stay slightly ahead of the market. Jim often says (in his books and on TV) that he doesn't believe in a pure "buy and hold" strategy, but rather "buy and homework." In Real Money he explains some ways you can know the time to BUY... in this book he adds more detail, and further explains all of the required HOMEWORK you have to do before buying, and what you have to do to know when to SELL SELL SELL. His style is entertaining, and his language is straightforward. A great book for those small investors looking for plain talk and a way to understand the market.

This book is more of a suppliment to one of Jim Cramer's earlier writings with some updates to his previous commentary. It's a shorter read than his earlier two investment books and focuses on some of the same topics as in earlier books but with updated information.

I personally take notes when I read books like this and find his strategy to be a very good one. The cream of the crop in this book however is his detailed explanation and back of the book hand out for "doing the homework". As you may or may not know, Jim Cramer doesn't believe in Buy & Hold, but Buy & Homework. In review of a stock I now do the following:

1. Review companies balance sheet
2. Compare companies current PEG to it's peers, sector and industry
3. Review it's trading multiple
4. Review it's dividend yeild (and compare to others)
5. Develop a thesis on why I like the stock
6. Listen to the quarterly conference calls (this is a BIG tip and as boring as they can be, you really should do this)
7. Review the quarterly and annual reports
8. Become as familiar with where I believe the stock is GOIGN rather than where it's been.

Jim goes into some specifics about how to watch his show, what to take seriously, how to and what to listen for when he has guests on his show, and a key one, that the Lightning Round is really just for fun and there is no real work that has been put into this segment of the show.

Overall, Jim Cramer writes about investing in a way that is enjoyable and understandable for the common investor who believes that we can manage our own portfolios well enough on our own. I would recommend that you take these writings seriously and come to terms with what you believe to be true and then test them.

While I prefer his previous two books in regards to this subject more, I found this book to be worth the buy and I'm proud to have it in my library.

Jim Cramer has allowed me to have peace of mind about my small investments. I am 77 and have not known who to believein this trepid market; however, I have found him to be straight forward, honest and dedicated to help the little investor. I have read all his books and watch his program. I wouldn't consider a move without him. Right now he is advising me to sit still and believe you me, I am following Jim Cramer's advice.
Love ya',
Peggy Wildman
Dallas, Texas 75205

Jim Cramer's Mad Money: Watch TV, Get Rich
I have read his first book, Sane investing in and insane world, and learned a TON;..this is better, updated more for todays markets. The third book, goes on to holding on to what you have and it's really practical info. I think he's good if not a genius in his field. Just does what he preaches, homework...Rose Germaine

1. The Chinese saving and investment rate exceeds 35 percent among its 1.3 billion people.

2. There is room for upward growth in Chinese industry, including power and energy, tourism and media, agriculture, infrastructure, and high tech.

3. American Depositary Receipts is a way for Americans to invest in China.

4. Changes in regulation, reduction of tariffs, and the promise of greater market access for foreign first are beginning to shape competition in fields like banking, media, and telecommunications.

5. Commodities will be a way to profit from China's expansion. Owing a piece of the things that china's hot economy simply can't do without guarantees less need to worry about governments, management, or pension funds.

6. In 2006, China attracted $70 billion in foreign investment and brought their foreign currency reserves about $1.3 trillion.

7. Do you want to profit from increased purchasing power of the biggest middle class the world has ever seen?

8. Huawei Technologies sold 1.5 million notebooks in 2006.

9. Lenovo Group (LNVGY) caters to 160 countries and 2006 revenues reached $1.3 billion

10. China Spacesat (SHA) has increased orders for smaller satellites.

11. Shanghai Aerospace Automobile Electromechanical engages in military and civilian work, makes satellite-data-receiving equipment, auto parts, battery panels, and solar battery panels.

12. 2006, there are 137 million internet user in China and 76% have high speed internet. There are eighty million bloggers. Shanda Interactive Entertainment (SNDA) claims 2.29 million active accounts.

13. China has a baseball league, the CBL, Basketball (CBA), football (CSL).

14. 2006, China had sixty million credit card owners. 2009, the banks break even and by 2013, they are $1.3 billion in the black.

15. 2006, there were 440 million mobile phone services and another 48 million expect to join by 2007. China Mobile is the largest cell phone operator with 300 million subscribers.

16. Keeping holdings in the Chinese Yuan, or renminbi, may be a relatively safe way to hitch an upward ride on China's growth.

17. It is reasonable to expect a 300 to 500 percent rise against the debt ridden US dollar over the next twenty years.

18. In 2005, there were an estimated 510,000 public disputes across China, a sign that some forms of protests are being allowed. Will the turmoil rise to the point where it would seriously affect the business and investment climate?

19. Three reason why China's economy will flourish: a. rural dwellers replenishing aging labor b. corruption is comparable to Asian tigers c. foreign companies will invest to solve China's environmental problems.

20. There are 110 million Chinese carriers of hepatitis B and C.

21. Will China float its currency freely. The yuan levels against the dollar are increasingly strong. Will the higher valuations on the yuan cripple Chinese exports? Foreign investment and Chinese innovation should sustain demand for higher quality Chinese products, a similar cycle that the Japanese import/export cycle experienced in the 70s/80s/90s.

22. Is China heading for a "hard landing" as the Chinese government struggles to control growth. China's growth may not be strongly tied to US economics. In 1997, during the Asian financial crisis, China's market soared 38 percent. In 2000, as the US internet bubble burst, China's economy surged forward 49 percent. The US imports are not the only influence in China. Much of China's growth has been internal and stimulated by domestic demand. Because China is a country with high savings, a stock crash won't have the same impact on capital for expansion. Chinese companies have plenty of places other than the stock market for cash.

23. 2006, sixty-five million investment accounts or 10 percent of the population of China, grow from nothing.

24. What are the biggest challenges facing China? Excess liquidity, balooning credit, an asset boom and over-investment in loss-making heavy industries. All factors in Japan's downturn through the 80s.

25. In 2006, China produced 50 percent of the cameras, 30 percent of the worlds air conditioners, and 40 percent of the microwaves sold in Europe.

26. In 2005, 98 percent of villages were electrified and the second largest consumer of electricity in the world. By the end of the 1990s, the Chinese central government controlled less than 50 percent of the power production. The Big five include China Datang Corp, China Power Investment Corp, China Huaneng Group, China Guodian Corp, and China Huadian Corp.

27. China needs $2 trillion in electricity infrastructure between 2001 and 2030. In China, coal accounts for 70% of the electricity capacity. In 2007, China became a net importer of Coal.

28. China will reach US oil consumption of 20 million barrels a day within twenty years. China imports 3.5 million barrel/day of oil. Chinese oil refineries are among the best-managed enterprises. Due to price control, China ranks with the US among the countries with the lowest gas prices. The Chinese governments have been will to let gas prices rise to regulate use and allow Chinese oil companies to stay profitable. Chinese oil companies boost exports of diesel to take advantage of better prices on the world market.

29. The Chinese government plans on spending $200 billion on renewable energy.

30. China ranks number one in world farm output. China has a rural population of 940 million. China's farm production remains relatively unproductive. A single US farm hand works 140 acres and is 200 times more productive than his Chinese counterpart, who works one acre. China plans on a $42 billion investment in agrarian infrastructure: more efficient irrigation systems, retail markets, and e-commerce.

31. Between 2000 and 2004, China jumped from nineth to fourth in world agricultural exports by emphasizing products they have a comparative advantage: a half pound peach, fuji apples, Chinese Walnuts, mushrooms, garlic, Christmas trees, Mandrin Oranges, and strawberries.

As a professional in the investment business I highly recommend this book. I will sum it up in a few words. A book that all CEOs, World Leaders and anyone serious about understanding the positioning of the United States in the decades to come. A fascinating book written by an intriguing person, the combination equals a must read.

As a big Jim Rogers fan, I am amazed to find myself giving his book a 1 star rating. While his first 3 books were excellent, this book should never have been published.

The book gives a cursory rehash of the "China is the next great super power" argument (which I believe is true) and then just gives long lists of random Chinese stocks with short and shallow rambles in between stock lists.

The book makes it clear that the listed stocks are not recommended stocks, just a long list of all the Chinese stocks that the author could come up with. It's obvious that no research was done on the stocks listed and most have no more than 1 paragraph on them describing what they do.

Anytime someone makes you a lot of money, you tend to become a fan. And so I am a fan of Jim Rogers. I believe this man makes a lot of sense when he talks economics. I learned this by reading his earlier books about driving around the world. He admits to being a lousy trader. But he is great at looking at the big picture and investing according.

He made me money with an earlier book, Hot Commodities, which I had for four years before I invested in commodities. If I had invested when I first read the book, I would be retired 2 or 3 times over. Even though commodities have taken a huge tumble lately the bull market is not over yet and they will make me more money.

But this book is about the money that can be made in China. If you watched the 2008 Olympics you saw a new China. The reports from China are amazing. The growth, the production, the consumption, and everything about China is not just super-sized, it's gigantic-sized. With three stock exchanges, close to double digit GDP growth every year, and the largest financial reserves, there is plenty of opportunity here.

I am writing this review to help you decide if you should buy this book or not. I hope this review helps. If you want to read more of my reviews of stock trading and investment book, you can get them at www.thetradingtipster.com.

Another reviewer has already painstakingly detailed the book chapter by chapter. My takeaway is that if you are looking for places to invest, then get this book. It explains why China is growing and why it will continue to grow. This book also breaks down all the sectors of the economy. Everything from travel to agriculture to the Chinese space program is discusses and dissected in easy to understand language. Dozens of companies are also listed with brief descriptions of each. The descriptions are good because you get a sense of what if happening in China, but for the average American investor most of these companies cannot be invested in.

But even if you only focus on Chinese companies listed on NYSE and NASDAQ or get into the Chinese Market ETF (FXI) you can still make a nice long term gain. The author stresses that investing in China is a long term process with ups and many downs along the way. He does not recommend any company in the book, he only mentions them to give the reader a broad understanding.

If you want to know what's going on in China and profit from it, from a man who knows how to make money, this book is a great place to start. It opened my eyes to China when I first read it and am patiently waiting for an opportunity to invest in the largest bull market of our lifetime. The author compares China to the Wild West of America. Lots of money to be made, but you have to be careful.

By looking at the trends in the US market and what is going on around the world, it makes sense to reason that investments for the next few decades will probably get a higher return in places like China than in the US. Even if you don't agree with me on this point, you will probably agree that diversifying by investing in China is not a bad idea. And if you believe that then this book will help.

I agree with Jim Rogers. China is way too important for investors to ignore. China is growing fast and they are here to stay and perhaps are on their way to become the next great world power. But I found Rogers' book very flimsy. If you are unfamiliar with the changes in China, there are many other better books that can help you to better understand the changes. If you already know about these changes, then this book adds hardly anything. Book is also poorly organized. One minute he can be talking about the different dynasties or the cultural revolution, the next minute he talks about the newest companies in different industries.

From an investor's perspective, it gives you some information about various companies and types of shares (ie: A shares, H shares, etc.). There is no depth though. There are lists of companies in various industries, but Rogers provides hardly any information. He also does not teach you how to find out more about these companies and regulations that might affect investors. For example there are no answers to important questions like: Does China have anything analogous to SEC, GAAP? Where can we get financial statements on companies listed in Shanghai stock exchange? What is executive compensation like? Etc.

If you are thinking about investing in China then it is important to understand their culture, politics and recent business environment and Rogers tries to provide readers with some basic material here, but the lack of depth or new insights make this book not worthwhile. Here are some other books that I recommend:

China Wakes (a little outdated but still very important)
China Road
Wild Swans