Product Description: Profit from Your Unique Advantages as a Small Investor--Speed and Flexibility! "The book you are holding is, hands-down, one of the most original and insightful books I have ever read when it comes to teaching you, the individual investor, not only why you have the ability to beat the Whales of Wall Street, but also how you can do it." --from the foreword by James J. Cramer, CNBC's Mad Money and TheStreet.com "Even investors who concentrate on fundamentals can benefit from Jim DePorre's Shark approach to investing. At the very least they will know why, for a time, they can get the facts right but the stock wrong." --Herb Greenberg, senior columnist, MarketWatch.com "There are very few traders who have RevShark's intuitive feel for the market. I especially appreciate Rev's unique ability to recognize and utilize the distinct advantages of being a smaller, individual investor versus the less agile large institutions." --Barry Ritholtz, Chief Investment Officer, Ritholtz Capital Partners As an individual investor, you can swim circles around the "whales" of Wall Street!by investing like a shark!In this book, James "RevShark" DePorre reveals how to maximize your powerful and unique advantages as a small investor: speed and flexibility. You'll develop a completely new way of looking at the stock market, learn when to attack, how to move aggressively, how to stay flexible!and when to swim away in the face of danger. You'll learn why "buy and hold" is today's riskiest strategy!and exactly what to do instead. In short, you'll learn the same disciplined investment techniques that helped DePorre build a tiny nest egg into a huge fortune and transformed his life. If you read TheStreet.com, RealMoney.com, or SharkInvesting.com, you already know DePorre and his inspiring personal story of how he lost his hearing, career, and marriage!turned to online investing out of desperation!and succeeded beyond his wildest dreams. Now, in this fast-paced, insightful, and entertaining book, DePorre shows how you can do it, too. How to invest like a shark!* Stay in motion, trolling for your "next meal" Stalk your prey patiently, relentlessly, and without emotion*Move fast when there's blood in the water Know when to strike*Know when to swim away Sell when you sense danger*Feed on the frenzied crowd Profit from others' fear, despair, stupidity, and greed*Use all your unique advantages and strengths Leverage small caps, technical analysis, and the tremendous power of cash*Invest with the shark's attitude Be active, adaptive--and control your own destiny
Trade what you see...not what you think This book taught me to trade what I see, not what I think. It deals with investing psychology or human emotions. In my opinion all results stem from our actions which in turn are based on our philosophy. People lie, market price movements do not. This book was very helpful to me as an investor in achieving my investment goals. The greatest lesson I learned from this book was sell discipline... It's like insurance, sell early and often. There is no reason to try to act like a mutual fund. Most investors squander their greatest advantage over WallStreet Whales....the ability to move quickly.I highly recommend this book.
A Disappointment This is a surprisingly mediocre book. And I say that as someone who respects James DePorre a great deal. When I finished the book (in about two hours, and I'm a slow reader) I found myself asking, "where's the beef?"
There's not much beef here. It's very simplistic. It's a pedestrian read, which feels as if it were written in about a weekend, as if a publisher said, "hey Jim, you're popular now, why not write a book real fast and we can make some money?" No humor, no style, no real imagination.
Again, I really respect RevShark. I have been reading his work for years on RealMoney. His columns are witty, insightful, and literate. But his book reads as if it were written for a first-grader, and a slow first-grader at that.
I don't understand it. The only explanation I can come up with, was that it was written by someone else. Shockingly mediocre. Save the money on the book, and subscribe to RealMoney, and read RevShark's columns on the web site. It will be money much better spent.
Great Intro for New Investors seeking Motivation I have seen many reviews stating that this book "offers nothing new". I agree, however there is one important point that I would like to address about this book:
Even though this book doesn't offer anything new, it offers for experiences individuals a path back on track. Before reading this book, I knew investing and often hedged, however over time I began be become emotional about the stocks. This book allowed me to get on track and I wasn't derailed no more.
So if you are experiencing some bearish portfolio outcomes, it may be the book to read, even if you are experienced trader or investor.
Newbies: It doesn't stop here!
Great book The author has given good tips on buy and sell timing on the stocks. The theme is around preserving your capital and not making too much loss.
Totally useless...dont waste your time and money on this book I read this book from cover to cover in three hours .....and it is a total nonsense. It is filled with the author's constant ramblings abt some shark attitude and stuff. He has nothing useful to say. Just one of those guys who got lucky in the dot com boom. The book does not have even one good concept or idea as to how one should trade . May be he is just interested in promoting his website etc. This kind of people should never be allowed to write books. They bring disgrace to the subject. Pls dont waste yoyr time and money.