The Wallstrip TM Edge Using Trends to Make Money Find Them Ride Them and Get Off
It’s been often observed that anyone who invests in the stock market needs to have a very strong sense of humor….indeed; no truer words were ever spoken.
And the truth is, Howard Lindzon took that observation quite literally. Indeed, Howard’s creation — Wallstrip.com — has become just that - a total melding of humor and investing, or as the New York Times observed about Wallstrip - “It’s Squawk Box meets Saturday Night Live.” Wallstrip.com pulls in between 5 and 7 million visitors a year, and the show’s rabid following includes stock market enthusiasts, venture capitalists, traders, and others who tune in to hear, see, and talk about what’s happening in the markets.
If you haven’t been to Wallstrip.com, well, you’re in for a real treat. Lindzon’s parodies are priceless. And in THE WALLSTRIP EDGE, Howard captures his most unusual (but very smart) approach to how he picks winners, and you can too.
In THE WALLSTRIP EDGE, Howard Lindzon shows readers how to profit from his straightforward investment philosophy — a unique trend watching philosophy that makes Wallstrip.com such an amazing phenomenon, including how to look at trends from a different perspective, knowing when to buy a certain stock, how to hold it, and of course when to sell. It’s all done using the power of the Internet and your own instincts. It’s a surprisingly simple (and fun) strategy that works, and best of all, you don’t need to be a financial genius to make it work for you.
User Ratings and Reviews
5 Stars Advice from a non-academic
I’ve read Howard’s blog for about two years. The book is written in the same style- in Howard’s voice. It is filled with information you can use now whether you’re a seasoned trader or a part-time stock investor. His recommendations do not discriminate by the amount of money you have and the advise is practical. You don’t have to have a Ph.D. in Economics to understand it. Best of all, Howard practices what he preaches. It is not some theoretical dissertation on how the market should work. He goes through his investing process (winners and losers) in both the public and private markets and you get a front seat long for the ride. The cherry on top is that he’s incredibly funny. If you buy one investment book this year, this is the one.
5 Stars Fantastic and fun book that arms people to pick stocks with basic research and simple guides
Whereas most pundits would advise you to buy “cheap stocks,” Howard details how money can be made in stocks like TASR, CROX, HANS, CME, etc. When I was on Wall Street, these were the very stocks that my hedge fund clients made their most significant profits in.
While market conditions as a whole make individual stock picking difficult at best, quarters from now, individuals will return to the market. And they will do so with a lost confidence in the large insitutions to protect and grow their savings in funds that were previously called “safe.”
In this new market, I think individuals will be required to be more self-sufficient. This book arms people to pick stocks with basic research and simple guides. Howard debunks concepts such as “Averaging down,” which can be really dangerous to individuals, and “being too late,” which can prevent individuals from getting in on winners.
There are also interesting comparisons and learnings from the venture market with quasi interviews from leading VCs such as Fred Wilson and Brad Feld.
The book only has passing references to Wallstrip; it is very much a simple and straightforward guide to research followed by technical analysis. The technical advice boils down to trend following with an introduction to Average True Range (ATR). ATR is a valuable metric that allows investors to sell out of positions when a stock moves down below a typical average move
The book is great…
5 Stars Learn from a Pro
The Wallstrip Edge is a great book to learn about how successes and failures build/destroy companies.
It is also a place to learn about trending following and how stocks should be evaluated.
Howard Lindzon has done a great job of showing how to find stocks, how to hold them and finally how to build liquidity once a company has had its run.
Through his personal experiences and interviews with other start-up entrepreneurs and venture capitalists you can gain some great insight as to how great companies are constructed. Equally, you can see why other companies have failed.
When you start to look at the stock market as something you use everyday (like Amazon, Starbucks, Ebay, etc.) than you can start to realize that stocks are not just pieces of imaginary paper, but living products.
5 Stars Not Your Typical Investment Book
Wallstrip was all about trend following and how to profit from it in the stock market. Lindzon’s book expands on the background and practical implementation of this strategy which he has employed successfully in both the public and private markets for over 10 years.
Full of hard earned wisdom and humor, the book is both entertaining and informative. Highly Recommended!
1 Star Wallstrip Was A Failure
This book is idiotic. Wallstrip was a horrible show and a terible investment for CBS which is why they killed the show after never making a nickle with it. The show was a money loser, but hey you can always write a book.
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