Multibaggers are stocks that give you 5-, 10-fold returns in relatively quick time. Normal stocks don’t do that. Clearly, then, multibagger investment style has to be completely different. In fact, it is counter-intuitive; you have to train yourself to find and seize opportunity where others find risk, acting on your own knowledge and independent conviction.
Multibaggers are most generally found when fear and panic grip the market, and when the outflow of money dwarfs the inflow into the market. That could be in a bear market, or in a temporary credit freeze, when disinterest in a sector hits rock bottom, or when most investors and traders either don’t have the money, the gumption, the stomach, or the foresight to buy stocks.
Extreme power laws apply in multibagger investing. This book teaches you those power laws:
● Axioms, myths and traps of multibagger investing
● Principles of multibagger investing
● How to train your mind for multibagger investing
● Multibagger rules and secrets that market insiders don’t tell you
● Types of multibaggers in different market phases
● Strategies of multibagger investing
● Actionable multibagger trading strategies
● Why individual investors are one up over investing professionals in multibagger investing
● How to build your multibagger investing edge.
The book also shows you how to apply second level thinking, beyond superficial clichés, to make a fortune through multibaggers.
ASHU DUTT is one of the best known faces in Indian financial markets. He is the author of numerous best selling finance books and has anchored some of India’s marquee programs on financial markets, including for CNBC TV 18, NDTV and Bloomberg.
Ashu holds an MBA from Bernard M. Baruch College, City University of New York, New York and has held several key positions at top tier investment and corporate firms around the world.
ANAV DUTT has worked on two books as a co-author with Ashu Dutt and is completing his first novel.
He is the recipient of the Asian Institute of Finance 2015 Award for the “Best Original Paper on Finance” for his paper, “The Psychological Impact of Losses on the Future Performance of Futures & Options Traders.”
A new, disruptive age is upon us. Times have changed. Life has changed. Job profiles have changed. Job security has changed. Aspirations have changed. Marriage and personal lifestyles have changed, though like lemmings to destruction charging, most of us continue to behave as if nothing has changed.
To grow and protect your money now, you need to master the new realities of personal finance:
● Don't focus on saving, focus on increasing your income
● Get a second income
● If your children are good, why save for them, if they are bad, why save for them
● Preserve what you have; this may not sound trendy but it’s vital
● Take up jobs where income can multiply exponentially
● You may be the biggest risk to your personal finance
● Postpone getting married and buying a house
● Don't screw up your early years
● Plan for being out of a job often
● You must educate yourself on how investing works
● Diversification is not what you think it is
● Higher return doesn’t necessarily entail higher risk
● Grow your network and you will grow your money
● Timing is everything in investing
● Don't tell anyone everything about your money.
The next 10 years will be nothing like the previous 10. To grow rich, and stay rich, you need to master the new power laws of personal finance revealed in this book.
Complete Day Trading Course
How To Day Trade Stocks For Profit is a complete course designed to get you quickly making money from the stock market. No previous trading experience is necessary. Easy to read and jargon-free, it starts right from the very basics, and builds to a remarkably simple but very powerful profit generating strategy.
What Others Are Saying
Readers of this book make real money, as this short selection of comments shows:
• "Have been using the info in the book for three days... $1,490.00 in the bank."
• "It was a great day! I made a $1175.50 profit."
• “Per 1 January I started day trading full time."
• “I am already making my job salary in trading."
• “I ended my first day of live trading with a net profit of $279.53.”
Just some of what you will discover inside:
• What really makes the stock market tick (and how you can make lots of money from it).
• The single biggest difference between people who make money and those who lose it.
• How to trade with other people's money, and still keep the profit for yourself.
• Specific trading instructions, exactly when to buy and sell for maximum profit.
• How to make money even when the stock market is falling.
• The five reasons most traders lose their shirt, and how you can easily overcome them.
• Three powerful methods to banish fear and emotion from you trading - forever.
• How you can get started trading with absolutely no risk at all.
• 14 Golden Rules of trading that virtually guarantee you will be making money in no time.
The book is packed with real life examples and plenty of exercises that mean you’ll be ready to go from reading about trading, to actually making your own trades that put cash in the bank.
"Full-time trading can make you very rich," says market guru and bestselling author, Ashu Dutt.
Indeed, professional traders are some of the richest people in the world. Not just that. Trading as a profession gives you both financial freedom and the independence to live your life the way you want. This book will serve as your reference and guide on how to start and succeed as a professional trader.
Trading for a living is very different from part-time trading. Professional trading requires a combination of a certain psychological make-up, technical skills and discipline; combine these three and you have a rewarding profession. And in this book, Ashu describes what it takes to become a successful full-time trader. He also reveals time-tested and market-proven trading strategies, secrets and techniques that can make you very rich:
● Steps to becoming a successful professional trader
● How to set your trading goals
● How to develop trading plans that work in different market conditions
● How to pick winning trades
● How to control trading risks
● How to control your emotions when trading
● How to master technical charts without getting lost in the minutiae
● What to do when you have been losing money for some time
● The golden rules for day trading, swing trading and position trading
PLUS: 14 self-assessment tests to help you measure your trading prowess.
What also makes this book special is Ashu's ability to show you how and when to apply all the trading wisdom packed in this book, highlighting key points with numerous real-life examples.
COME, FIND OUT HOW PROFESSIONAL TRADING CAN TRANSFORM YOUR LIFE . . .
Updated with new and revised material to reflect the current market, this new edition of Stock Investing For Dummies gives you proven strategies for selecting and managing profitable investments. no matter what the conditions. You'll find out how to navigate the new economic landscape and choose the right stock for different situations—with real-world examples that show you how to maximize your portfolio.
The economic and global events affecting stock investors have been dramatic and present new challenges and opportunities for investors and money managers at every level. With the help of this guide, you'll quickly and easily navigate an ever-changing stock market with plain-English tips and information on ETFs, new rules, exchanges, and investment vehicles, as well as the latest information on the European debt crisis. Incorporate stocks into your investment portfolio Understand and capitalize on current market conditions Balance risk and reward Explore new investment opportunities
Stock Investing For Dummies is essential reading for anyone looking for trusted, comprehensive guidance to ensure their investments grow.
The greatest challenge to emulating Buffett is not in the selection of the right stocks, Hagstrom writes, but in having the fortitude to stick with sound investments in the face of economic and market uncertainty. The new edition explains the psychological foundations of Buffett’s approach, thus giving readers the best roadmap yet for mastering both the principles and behaviors that have made Buffett the greatest investor of our generation.
From investment expert and long-time Forbes columnist KenFisher comes the Second Edition of The Only ThreeQuestions That Count. Most investors know the only way toconsistently beat the markets is by knowing things others don't.But how can investors consistently find unique information in anincreasingly interconnected world?
In this book, Ken Fisher shows investors how they can find moreusable information and improve their investing successrate—by answering just three questions.
Packed with more than 100 visuals and practical advice, TheOnly Three Questions That Count is an entertaining andeducational guide to the markets. But it also provides a useableframework investors can use now and for the rest of their investingcareers.CNBC's Mad Money host and money manager James J. Cramersays the book "may be the single best thing you could do this yearto make yourself a better investor"Steve Forbes says, "Investors will find this brilliant book aneye-opening, capital-gains producing experience"
The key to improving investing results is daring to challengeyourself and whatever you believe to be true, and Ken Fisherexplains how in his own inimitable style.
"The most entertaining book written on investing isReminiscences of a Stock Operator, by Edwin Lefèvre,first published in 1923."
—The Seattle Times
"After twenty years and many re-reads, Reminiscences isstill one of my all-time favorites."
—Kenneth L. Fisher, Forbes
"A must-read classic for all investors, whether brand-new orexperienced."
—William O'Neil, founder and Chairman, Investor'sBusiness Daily
"Whilst stock market tomes have come and gone, this remainspopular and in print eighty years on."
First published in 1923, Reminiscences of a StockOperator is the most widely read, highly recommended investmentbook ever. Generations of readers have found that it has more toteach them about markets and people than years of experience. Thisis a timeless tale that will enrich your life—and yourportfolio.
The Little Book of Common Sense Investing is the classic guide to getting smart about the market. Legendary mutual fund pioneer John C. Bogle reveals his key to getting more out of investing: low-cost index funds. Bogle describes the simplest and most effective investment strategy for building wealth over the long term: buy and hold, at very low cost, a mutual fund that tracks a broad stock market Index such as the S&P 500.
While the stock market has tumbled and then soared since the first edition of Little Book of Common Sense was published in April 2007, Bogle’s investment principles have endured and served investors well. This tenth anniversary edition includes updated data and new information but maintains the same long-term perspective as in its predecessor.
Bogle has also added two new chapters designed to provide further guidance to investors: one on asset allocation, the other on retirement investing.
A portfolio focused on index funds is the only investment that effectively guarantees your fair share of stock market returns. This strategy is favored by Warren Buffett, who said this about Bogle: “If a statue is ever erected to honor the person who has done the most for American investors, the hands-down choice should be Jack Bogle. For decades, Jack has urged investors to invest in ultra-low-cost index funds. . . . Today, however, he has the satisfaction of knowing that he helped millions of investors realize far better returns on their savings than they otherwise would have earned. He is a hero to them and to me.”
Bogle shows you how to make index investing work for you and help you achieve your financial goals, and finds support from some of the world's best financial minds: not only Warren Buffett, but Benjamin Graham, Paul Samuelson, Burton Malkiel, Yale’s David Swensen, Cliff Asness of AQR, and many others.
This new edition of The Little Book of Common Sense Investing offers you the same solid strategy as its predecessor for building your financial future.Build a broadly diversified, low-cost portfolio without the risks of individual stocks, manager selection, or sector rotation.Forget the fads and marketing hype, and focus on what works in the real world.Understand that stock returns are generated by three sources (dividend yield, earnings growth, and change in market valuation) in order to establish rational expectations for stock returns over the coming decade.Recognize that in the long run, business reality trumps market expectations.Learn how to harness the magic of compounding returns while avoiding the tyranny of compounding costs.
While index investing allows you to sit back and let the market do the work for you, too many investors trade frantically, turning a winner’s game into a loser’s game. The Little Book of Common Sense Investing is a solid guidebook to your financial future.