brief introduction:
The subtitle of this book is "How do I beat professionals in terms of investment [by reading the tabloid, shopping at the mall, connecting on Facebook] and how to do this.
Author Chris Camillo is touted as one of the most successful amateur investors in the world. His claim was published from September 2007 to April 2010, and his self-managed portfolio rose from $83,752 to $2,388,311. A schedule of the show can be obtained on his website chriscamillo.com.
Camillo's approach is to take a keen eye on the halls, Internet media, and the trends and hot products he sees in TV and tabloid publications. The idea is that demand for a particular product or service may rise sharply because of what Wall Street often doesn't know. If you buy a stock of the company involved before Wall Street is a wise trend, and see the trend on Wall Street you can achieve some significant The harvest. Camille shows in detail how he did this in order to develop his portfolio so impressively.
He told us that the traditional, mainly white, male and middle Wall Street types did not insert a fashion trend that propelled these market demands. They rely on company reports and mainstream financial news reports until they are all old news reports.
His examples include observing the hot new shoes he observed on the beach, and then being widely known in the financial world, as well as the clothing brand worn by Obama's first family at the inauguration ceremony, which sparked a buying spree that caused the stock to rise rapidly.
Camillo gives some attention to traditional basic and technical trading methods and tells us how and why they are unreliable. Then he discussed the advantages of fashion trend viewing. His approach requires a lot of observation, web browsing and a due diligence to make sure he suspects that the trend he sees is real and that the stock market is not aware of this on Wall Street. Then he sneaked in, bought the stock, and waited for it to reach its peak when it became common sense.
The appeal of Camillo's approach is that it does not require any professional stock knowledge, the entire market, technical stamping techniques or Warren Buffett's famous company management basic analysis. This method can be done by anyone who observes and trains and is willing to do the required leg work. A high school student can do it and has already done so.
As with any method of making money, it takes a lot of time and effort. Although Camilo has shown some extraordinary performance in the trades that use it, it is not a plan to get rich quickly. This is not a day trade, he waits until it identifies a real potential money-making institution, buys and holds the stock until it takes off and the market demand ends up, then sells before everyone knows it falls again.
It must also be pointed out that the author is a professional trade market researcher, this is his way of life, and he made a living from market trends, he began to have some advantages over beginners.
This method is obviously not suitable for everyone. This approach requires time and commitment and a certain understanding and understanding of market trends for specific products or services that are not yet available. However, it seems to offer a unique and easy-to-access method that can earn market odds for those who are willing to work in illustration. For anyone who has time and is willing to learn this method, it is clear that it is likely to exceed the average of the index fund.
This book is a must-read for those looking for an accessible and relatively simple way to gain market value.
Uses:
For those who have some investments and the time and discipline to apply this approach, this book is an excellent primer on how to increase the profitability of equity investments.
Disclaimer: All investment methods are at risk, including this risk. This review should not be considered a professional investment or financial advice. Please consult a professional financial advisor for professional advice.
Readability / writing quality:
This book is very easy to read and easy to understand. It is well organized.
Author's note:
Chris Camillo is a market researcher who is not impressed with traditional stock trading methods and uses his own observations to beat the average in the market.
Three good ideas you can use:
1. If traditional market analysis is not for you and you don't want to hand over your portfolio management to professional managers, most people can use this method to understand meaningful stocks before they take off.
2. This approach requires constant observation and understanding of products and services and emerging market trends that people can observe in local stores, Facebook and many other places. Then some due diligence is needed to ensure that you observe a real large-scale trend that will increase the value of the stock.
3. If you follow a proven method and carefully do your homework, you can increase your stock odds. You must read this book to understand how it is done.
Publishing information:
from
Chris Camilo laughs at Wall Street
from
Copyright 2011 Chris Cameillo. Published by St. Martin's Press
Orignal From: Chris Camillo laughs at Wall Street - Book Review
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