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The Beardstown Ladies' Common-Sense Investment Guide: How We Beat the Stock Market - And How You Can Too
The Beardstown Ladies' CommonSense Investment Guide How We Beat the Stock Market And How You Can Too Author:Leslie Whitaker The "Ladies" here are 16 women, average age 55, of an Illinois river town whose investment club, since 1980, has scored an average 23.4% annual return (59.5% in 1991) on a portfolio of 20 carefully selected stocks - twice the rate of the bellweather S&P 500 index. Opening monthly meetings with a prayer and closing with a recipe, the Ladies pay n... more »o heed to current market trends, preferring to buy shares after researching companies that have sustained moneymaking growth. Dividends are reinvested.
The book is chock-full of family-finance anecdotes, firsthand reports on regional industry, case histories of stocks bought and sold, recommended research tools and the actual minutes (with portfolio changes) of meetings during that banner year of 1991. This well-organized, down-to-earth investment guide will make many readers feel they have never experienced such pleasant instruction. Freelancer Whitaker is a former Time magazine reporter.« less
LC P. (smallorder) reviewed The Beardstown Ladies' Common-Sense Investment Guide: How We Beat the Stock Market - And How You Can Too on + 67 more book reviews
When the news first came out that these ladies beat the stock market the old fashion way, with a portfolio worth more than $90,000 and an impressive average return of 23%, the public said WOW! The book is suppose to reveal their money-making secrets in a profitable and accessible strategy to investing that even inexperiened investors can follow. However, on closer look at their bookkeeping and bottomline, it was discovered that their "profit" included their initial investment money (which is a definite no-no in accounting procedures). After the dust settled, an audit was run of their books (and a real accountant did the audit), their profits weren't any better than the average person. If you like listening to non-professionals read their books and/ or talk about investments, stocks, etc., then you'll find the tape interesting. If you are going to listen to the tape to learn something you didn't already know, then skip the listening unless you have nothing else to play and are desperate for noise.
Shirley J. (NoShushing) - reviewed The Beardstown Ladies' Common-Sense Investment Guide: How We Beat the Stock Market - And How You Can Too on + 199 more book reviews
Makes you want to run out and form an investment club. Some of the ladies include their favorite recipes, too. This is really the hard cover version.
Nadja W. (activepatriot) - , reviewed The Beardstown Ladies' Common-Sense Investment Guide: How We Beat the Stock Market - And How You Can Too on + 18 more book reviews
Somewhat dated but the principles/information are still valid. This is an excellent easily understood description of how to invest in stocks, bonds, mutual funds, etc.
John O. (buzzby) - , reviewed The Beardstown Ladies' Common-Sense Investment Guide: How We Beat the Stock Market - And How You Can Too on + 6062 more book reviews
