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Rule #1 by Phil Town (2006, Hardcover) 
Rule #1 by Phil Town (2006, Hardcover)

 
Rule #1 by Phil Town (2006, Hardcover)

Author: Phil Town
Publisher: Random House Inc
Publication Date: 2006-03-21
Language: English
Format: Hardcover
ISBN-10: 0307336131
ISBN-13: 9780307336132
Product ID: EPID47847354
Description: Phil Town wasn't always a very wealthy man. In fact, he was living on $4000 a year when some well-timed advice launched him into an investing self-education that revealed what the true "rules" are and how to make them work in o...
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Rule #1 : Phil Town (Hardcover, 2006)
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Synopsis
Phil Town wasn't always a very wealthy man. In fact, he was living on $4000 a year when some well-timed advice launched him into an investing self-education that revealed what the true "rules" are and how to make them work in one's favor. Chief among them, of course, is: don't lose money. Other rules are: don't diversify; think like an owner, not an investor. Town also believes strongly in putting your faith in managers who've proven their financial mettle, and who really have faith in the businesses they're running. The most controversial of the book's assertions is that giant 401(k) type mutual funds will regress to the mean, and in the next twenty years, the mean could be very disappointing. Fortunately, Town's stockpicking techniques are meant to walk investing phobes through the do-it-yourself process, equipping them with the tools they need to make quantum leaps toward financial security.--From publisher description.

Details
Publication Date:2006-03-21

Size
Length:320 pages
Height:9.5 in
Width:6.5 in
Thickness:1.0 in
Weight:20.0 oz

Publisher's Note
The self-made millionaire and expert on do-it-yourself investing shares his personal approach to financial and investment success, based on a single, simple, risk-free Rule #1--don't invest to make money, invest to not lose money--and its corollaries, which he uses to build wealth.

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    Top Reviews
      Rule #1 - Dig Around
    Review created: 06/21/06
    by:
    gillespieusa ( 36)
    See all reviews by gillespieusa
    6 of 6 people found this review helpful.

    I am rating this below average only for writing style. You will find this book the most helpful and the most frustrating at the same time. It's a hunt to find the processes in the book needed to arrive at the answers. It doesn't always follow in a logical step-by-step order. Often, he will tell you that he will teach you something later, so if you want to know that now, you have no idea where to go looking for it. I almost felt like I wanted to write a workbook after reading the book for the 3rd time. Fortunately, I went into this book with the attitude that no matter what it took, I was going to learn the material because I had seen Town at a Peter Lowe seminar and knew that there was something to this. If you start with the idea that no matter what, you'll be rewarded.
    Would I buy the book? Absolutely, just be ready for an adventure.


    Review ID: 10000000001223312
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