Rule One Investing

Written by a river guide gone rich from stocks, this book explores a particularly tactical strategy for trading based on intrinsic value. I was quite happy to find this book as I still hadn't found a single concrete method for valuing a company. I liked how he uses free websites for data collection and his valuation method seems to be inline with Buffet's style: determine the price, and wait for it to become cheap. The chapter on technical indicators is a little worrisome as it seems to encourage day trading, but who am I to argue. I originally didn't like the idea of using calculators from his website, but they're actually pretty helpful. I guess it's time to start paper trading!

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