Learn to Earn : A Beginner's Guide to the Basics of Investing and
Mutual-fund superstar Peter Lynch and author John Rothchild explain the basic principles of the stock market and business in an investing guide that will enlighten and entertain anyone who is high-school age or older.Many investors, including some with substantial portfolios, have only the sketchiest idea of how the stock market works. The reason, say Lynch and Rothchild, is that the basics of investing-the fundamentals of our economic system and what they have to do with the stock market-aren't taught in school. At a time when individuals have to make important decisions about saving for college and 401(k) retirement funds, this failure to provide a basic education in investing can have tragic consequences. For those who know what to look for, investment opportunities are everywhere. The average high-school student is familiar with Nike, Reebok, McDonald's, the Gap, and the Body Shop. Nearly every teenager in America drinks Coke or Pepsi, but only a very few own shares in either company or even understand how to buy them. Every student studies American history, but few realize that our country was settled by European colonists financed by public companies in England and Holland-and the basic principles behind public companies haven't changed in more than three hundred years. In Learn to Earn, Lynch and Rothchild explain in a style accessible to anyone who is high-school age or older how to read a stock table in the daily newspaper, how to understand a company annual report, and why everyone should pay attention to the stock market. They explain not only how to invest, but also how to think like an investor.
- 27 Nov 2012
- SIMON & SCHUSTER
- United States
Table of contents
ContentsPREFACEINTRODUCTIONThe Companies Around UsONEA Short History of CapitalismTWOThe Basics of InvestingTHREEThe Lives of a CompanyFOURThe Invisible HandsAPPENDIX ONEStockpicking ToolsAPPENDIX TWOReading the Numbers -- How to Decipher a Balance SheetINDEX
PETER LYNCH is vice chairman of Fidelity Management & Research Company and a member of the Board of Trustees of the Fidelity funds. He has co-authored, with John Rothchild, the bestselling books BEATING THE STREET (0671891634) and LEARN TO EARN (0684811634). He lives in the Boston, USA. JOHN ROTHCHILD has written for TIME and THE NEW YORK TIMES BOOK REVIEW, he is also the author of A FOOL AND HIS MONEY (J.Wiley & Sons). He lives in Miami Beach, Florida