Book Review > Successful Share Buying

Author: BEELAERTS, Charles Publisher: John Wiley & Sons ISBN: 0701636521
Location: Melbourne Price: 24.95 Reviewed by: Elton Squires

Another excellent book by Forde and Beelaerts, who are clearly experts in their field with many years of experience. The authors have condensed a massive subject of buying shares into a logical, readable, and informative book. It is a convenient reference guide for the experienced investor and equally a step by step introduction for the novice.
There are 10 chapters in the book which walk investors through progressive stages, covering stockmarket investing, share prices, buying srategies, financial ratios, buying shares, public offerings, high risk shares, portfolios, technical, and your own research. An invaluable "Key Points" summary is provided at the end of each chapter which provide a convenient ready reference.
A discussion on "Planning for a Loss" is included, clearly an important component in any investors risk strategy,
In another part of the book, the madness of crowds is explained. An excellent example is the"dot.com" crash. As an individual investor you are ideally placed to stand outside the crowd making decisions.
For the technically minded, the book explains the CBLA (Countback Line Approach) technique when using technical analysis for share buying decisions.
In the 'Buying Shares' section, a couple of analysis techniques for the fundamentalists, not always covered well in other texts, are clearly explained by the writers. For example GARP(Growth at a Reasonable Price using the PEG (Price Earnings Growth Ratio) and present value - finding a shares intrinsic value.
There are many more jewels in the book full of tips and strategies.