The Little Book That Makes You Rich
The Little Book That Makes You Rich
User Ratings and Reviews
4 Stars Little book that could
Louis puts his success formula to paper to help the average investor. He explains the eight factors he uses to effectively beat the market on a consistent basis.
Unlike value investing where one might have to wait months or years for a stock to be valued properly as being a steal, Louis’ growth investing finds stocks that are making money now and recognized as such.
He provides a free stock and portfolio grader to give your portfolio an instant checkup and tells you how you can make money without taking on investing as a second job.
Although he doesn’t give you any screeners for the stocks he picks, he does give you sources for good stocks which you can then decide if you want to add by using his screener (imagine that!).
Overall a great resource for the retail investor.
2 Stars Unusual method
I am sure there are some people who can time the market and deal in and out of stocks frequently. I am just not one of them. I found the author’s website interesting because it allows you to see how he rates stocks that you are following and how he has rated them in the past. The recommended (A) and discouraged (F) stocks are almost the exact opposite of Value investing stocks from Magic formula (Little Book that Beat the Market).
Navallier’s book is interesting in getting an idea about how the market is reacting almost independent of the value of the underlying company. His grades on stocks seem to change frequently. While I cannot argue with his success, his methods are too unpredictable for me.