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The #1 Guide to Do-It-Yourself Stock Analysis–Now Fully Updated with Powerful New Shortcuts!
“Harry’s book is among my most recommended readings because it provides a step-by-step process that enables any investor to analyze potential investment opportunities and ultimately become a much better investor.”
– Charles E. Kirk, The Kirk Report
“This is a thoughtful book that will stir the imagination and whet the appetite of anyone considering investing in stocks. It will serve as a foundation for lifelong education in how to improve your wealth.”
– Victor Niederhoffer, Chief Speculator, Manchester Investments, and author of the best-selling Education of a Speculator
“This book is sensible, balances risks with rewards, has a lot of real-world practical examples carefully worked out, and a lot of tangible parameters. This is the book I wish I had time to write.”
– David Edwards, President, Heron Capital Management, Inc.
“Fire Your Stock Analyst! grabbed my attention early and held it to the very end. This is a good book if you are interested in being your own stock guru or just getting started in common stock investment analysis.”
– Nicholas D. Gerber, Portfolio Manager, Ameristock Funds
“A refreshing antidote to run-of-the-mill investing ‘how-tos.’ The net result is an insightful and useful treatise on investing that works for both growth and value plays.”
– Charles Mulford, Invesco Chair and Professor of Accounting, Georgia Institute of Technology, and coauthor of The Financial Numbers Game: Detecting Creative Accounting Practices
“Fire Your Stock Analyst! offers honest and up-to-the minute advice and guidance on the investment-research process. Domash offers up a great combination of textbook knowledge backed by real-world examples.”
– Richard H. Driehaus, Driehaus Capital Management, Inc.
“Fire Your Stock Analyst! provides well-thought-out, sensible, step-by-step strategies for analyzing stocks, including when to sell. These analytical methods, used by pros though rarely explained to individual investors, will help you improve your results in the market right away.”
– Jon D. Markman, Senior Investment Strategist and Portfolio Manager, Pinnacle Investment Advisors
I teach a software engineering course in Quantitative Investment Modeling. My main course texts are Kirkpatrick & Dahlquist's Technical Analysis and Domash's Fire Your Stock Analyst. I also rely on Damodaran's Investment Fables, Hirsh & Hirsch's Stock Trader's Almanac, Tracy's How to Read a Financial Report, Shadish, Cook & Campbell's Experimental & Quasi-Experimental Designs, and Pardo's Evaluation & Optimization of Trading Strategies. My typical students are graduate students or seniors in software engineering, computer science, business, or psychology. Some of them have trading experience, most have programming experience, all of them are interested in applying research methods to trading models. We do a lot of data mining in the course (it IS a software engineering course), we use a lot of tools, but we also look carefully at the characteristics of individual stocks. My bias as a reasonably successful investor is that technical analysis helps me identify interesting stocks and... read more
I have read many books from Rule #1 to the Intelligent Investor. This book i would says is somewhere in the middle of that range for content. It tops all investment books I have read so far for its structure and its ability to be comprehensive to all levels of readers.
For those who have read Rule #1 and the Intelligent Investor the above statement will make sense.
For those who have not: Rule #1 is very basic and does not explain why you are looking at certain numbers from a companies financial statements or how some useful ratio is calculated. It just states what you want to see in a small list of variables that affect a companies stock price in the market. The Intelligent Investor on the other hand is considered a must read for many professional stock analyst/traders. It gives examples and great detail on how investments (stocks, bonds, treasury notes, etc...) work in relation to their fundamentals. Even that book requires good back ground in knowing... read more
This is a thoroughly refreshing book that offers clear understanding of fundamaental analysis. As with another reviewer, I am primarily focused on the technical side however this book opened a new door for me. The best thing is that he explains how to get information (provided free on websites) and do your own analysis. It's nice to see a comprehensive book that doesn't try to sell you something along the way (recommendations, data services, etc.)
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