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Title: excellent for the investment novice
Review: The delightful thing about this book is the author's honesty, especially in the beginning, about how he made all the classic tyro errors. I also found the deterioration of his investment results when he had too much information to be very true, and this was in the pre-Internet age! I think if you read this book and no other, you can do well in the market, if only because you will keep it simple. So often people hold on to losing stocks, hoping and praying they will come back, whereas his approach mechanically and automatically forces you to cut your losses early. The charts in the back are very good despite their skimpiness, and illustrate how he would purchase a stock as it is making a new high out of a base (a "box," to use his terms). Very entertaining and inspirational.
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