Fire Your Stock Analyst:
Analyzing Stocks On Your Own
Summary
Pick your own stocks and
outperform the experts! San Francisco Chronicle investment columnist Harry Domash has
crafted a start-to-finish approach to stock selection that draws on winning techniques
from the world's best money managers, uses readily available information, and is easy to
learn if you're willing to invest the time. Whether you're a growth or value style
investor, this book will show you exactly how to identify the best stocks for your
portfolio. You'll learn to assess everything that affects a company's stock price
profitability, underlying financial strength, competitive position, industry, business
plans, management competence, upside/downside potential, and more. Like no other book,
Fire Your Stock Analyst! cuts to the chase, capturing the essence of today's most
successful stock-picking strategies. It's all you need to liberate yourself from the
"experts" and become a more successful investor.
You'll find
- Disciplined,
step-by-step strategies for every intelligent investor
- No
"get-rich-quick" formulas; just practical techniques you can really use
- Separate
selection strategies for value and growth investors
- Assessing
valuation, risk, profitability, management competence, and long-term growth potential
- Using
the analysts' recommendations for your benefit not theirs
- Crucial
issues most investment books ignore including when to sell
Consistently picking winning
stocks isn't magic you can do it. It simply takes knowledge, skills, and discipline. If
you've already got the discipline, this book will give you the knowledge and the skills.
"This is a thoughtful
book that will stir the imagination and whet the appetite of anyone considering investing
in stocks. It will serve as a foundation for lifelong education in how to improve your
wealth and your understanding of financial statements."
Victor Niederhoffer
Chief Speculator, Manchester Investments,
and author of the bestselling Education of a Speculator
"Just finished reading
Fire Your Stock Analyst! and I must say I'm delighted-it's sensible, balances risks with
rewards, has a lot of real-world practical examples carefully worked out, and a lot of
tangible parameters (e.g. the "Quick-Hype Checks"). This is the book I wish I
had time to write."
David Edwards
President, Heron Capital Management, Inc.
"Fire Your Stock
Analyst! grabbed my attention early and held it to the very end. This is a good book if
you are interested in being your own stock guru or just getting started in common stock
investment analysis."
Nicholas D. Gerber
Portfolio Manager, Ameristock Funds
"A refreshing antidote
to run-of-the-mill investing 'how tos.' In Fire Your Stock Analyst!, Harry Domash combines
the wisdom of many of the nation's top money managers with his own earthly style of stock
picking. The net result is an insightful and useful treatise on investing that works for
both growth and value plays."
Charles Mulford
Invesco Chair and Professor of Accounting, Georgia Institute of Technology,
and co-author of The Financial Numbers Game: Detecting Creative Accounting Practices
"Fire Your Stock
Analyst! is a must-read for novice and expert investors alike, offering honest and
up-to-the minute advice on topics such as accounting fraud, and guidance on the
investment-research process. Harry Domash offers up a great combination of textbook
knowledge backed by real-world examples."
Richard H. Driehaus
Driehaus Capital Management, Inc.
"Fire Your Stock
Analyst! provides well thought out, sensible, step-by-step strategies for analyzing
stocks, including when to sell. These analytical methods, used by pros though rarely
explained to individual investors, will help you improve your results in the market right
away."
Jon D. Markman
Managing Editor, CNBC on MSN Money
372 pages