by FRED CARACH
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Product Description
THIS IS ABOUT MY LIFE AS A STOCK MARKET SPECULATOR. AND MY GRADUAL TRANSFORMATION FROM A CONSERVATIVE BLUE-CHIP INVESTOR INTO A STEELY EYED, RIVERBOAT GAMBLER WITH NERVES OF STEEL. WHO FOUND WHAT HE WAS LOOKING FOR IN THE STRANGE AND WONDROUS WORLD OF MICRO-CAP INVESTING. ALLOW ME TO INTRODUCE YOU INTO MY WORLD. A WORLD WHERE YOU CAN MAKE A FORTUNE ON A CHUMP-CHANGE INVESTMENT.
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Average Customer Review:
1 of 1 people found the following review helpful:
Excellent contrarian investment book!, 2008-10-28
In his book Forty Years A Speculator, Fred Carach does an excellent job of convincing the reader that the big blue-chip companies are NOT the way to invest; rather, other stocks are worthy of your dollars because of their income potential, or the fact that they are good penny stocks or inexpensive enough that you can double your money, perhaps many times over. Fred's humorous tone is very appropriate, as he convincingly conveys in a conversational tone that it is laughable how some people ignore inexpensive yet high-quality stocks as if they are not worthy of investment. Fred lays his cards on the table, listing many stocks that he deems investment-worthy and his rationale for investing in them. Many of these stocks are NOT the ordinary stocks that the investment pundits say you should invest in. Fred will convince you that you can intelligently gamble your way to riches by being a contrarian investor. This book is a must-read for every investor who wants to be an intelligent gambler and for those who want a successful alternative investment approach. Fred should be applauded for sharing his excellent work and advice with his time-tested and novel investing approach.
1 of 1 people found the following review helpful:
A must read in today's marketplace, 2008-09-29
People stand up and listen. This is a book that can be a difference maker for you. Buy the book. Read it. Apply it! This gives the every day guy a chance. Don't be fooled by the title. This is an excellent well rounded and well thought out investment program that nobody it talking about...nobody! Don't wait.
Joe - Woodstock, VA
1 of 1 people found the following review helpful:
A Contrarian's approach to the stock market, 2008-09-19
Although humor may be sprinkled throughout this whole book, it should be taken very seriously. He gives a very well thought out, and examined approach to very high risk investment. He gives not only relevant stock examples, but also relevant historical examples. My only recommendation is to read one or two general trading books, before reading this one, otherwise you won't be able to fully appreciate his alternative view of investing.
1 of 2 people found the following review helpful:
Strong Recommendation, 2008-06-16
For grammar, punctuation, and sentence structure, I would give "Forty Years" a 3-star review. It became more clear as I continued reading that the manuscript skipped a stage or two in the editing process.
But who cares about that? Really, nobody reads an investing book and worries about grammar, punctuation, and sentence structure. We're there for the meaty details of how to make the most with our hard-earned money, and "Forty Years" is chocked full of meat. I've never been one to accept the conventional manner of investing - buy and hold the blue chips - so I'm taking this as an opportunity to stretch my muscles a bit in the world of gambling, er, investing.
Scared money doesn't make money, and, finally, with Carach's advisement, I have a channel to vent my desire to make money before I'm 70. Thanks Fred!
1 of 2 people found the following review helpful:
This book really works, 2008-06-12
I read this book with great interest because for the past four years I have been using similar investment strategy. From my experience, I can confidently say that the strategy in this book really works. My own research convinces me it will continue to work for quite a long time to come. I would recommend it to anyone who wants to protect or enhance their wealth. In fact I would suggest reading it at least three times.
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