Stop Checking The Price: Lose money every time you look at the stock market? The simple investing strategy for beginners to pick winners by trading only 4 times a year!
Do you check your account every day and feel like you're always losing money? Worried the next recession will crash your portfolio? Pulling out your hair while the daily news fills you with fear?
Then you are a VICTIM OF INFORMATION OVERLOAD!
This book provides a simple trading strategy to Preserve And Grow Your Wealth by filtering the noise to get more valuable information in less time, reducing your stock research and trading effort by over 99%, and betting on long-term value creation to achieve financial success! We are told the money managers on Wall Street who spend all day checking every stock price movement, every CEO tweet, and every company filing footnote have an edge in the stock market... But the pixelated truth is that information has mathematical limits: zooming into a single blurry pixel of an image tells you nothing about the big picture – the stock market is no different. Spending hours upon hours researching a business teaches you more & more about less & less until you know everything about nothing! And even if we did know every detail of the business, the laws of nature tell us we can't predict the future stock price in a complex marketplace anyway!
In "Stop Checking The Price" you will LEARN HOW TO: - Follow the 1st Law of Investing for maximum long-term compounding… And why the "risk-return trade-off" is backwards - Use the famous "80-20 Rule" to cut your research time and stock trading effort down by 99% - Filter bad apples (stocks) before they spoil the whole barrel (portfolio) - Steal a page from the venture capitalist's playbook for explosive growth… And how to beat Warren Buffett! - Set a timer and evaluate any stock in 60 seconds from a data snapshot
J. F. Dodaro is an investor and entrepreneur with experience serving on the portfolio management team of an 11-figure equity fund at a trillion-dollar asset management firm. As a Silicon Valley entrepreneur and CEO, he founded a venture-backed business developing nano-materials for nuclear energy applications. His investment strategy books apply insights from math and science to wealth-building and simplify the complexity of finance through first principles thinking. He received his PhD in Physics from Stanford University and Bachelor’s in Applied Mathematics from Columbia University.
"Stop Checking The Price" by J. F. Dodaro is a game-changer for anyone overwhelmed by the constant buzz of the stock market. If you're new to investing or just tired of the complicated strategies that seem to dominate financial advice, this book is for you. With Dodaro’s expert guidance, you’ll discover a simpler way to pick winning stocks and improve your investment portfolio.
The core idea of the book is refreshingly straightforward: you don't need to drown in data or follow the market's every move to succeed. Dodaro, who brings a rich background from academia, finance, and Silicon Valley, introduces a straightforward method for evaluating stocks using just a few key numbers. This approach cuts down your research time dramatically and frees you from the stress of constant market watching.
One of the most compelling parts of the book is the way Dodaro uses real-world examples to prove his points. He shares stories from his own experiences and other well-known market events to show how even the experts can get it wrong when they ignore the basics. His story about Silicon Valley Bank is not just informative but also quite amusing, illustrating how even the biggest names in banking can miss the mark.
What sets this book apart is its focus on a single number that can tell you if a company is worth investing in. This simplification of stock analysis is a breath of fresh air, especially for those who find the typical methods too complex or time-consuming. The book is filled with helpful examples, step-by-step instructions, and clever insights that make the world of investing a lot less intimidating.
Dodaro’s writing style is another highlight—witty, engaging, and easy to understand. He manages to make the topic of investing both fun and accessible, which is a rare feat in finance books. Whether you’re a complete novice or a seasoned investor looking for a new perspective, you’ll find this guide both practical and enjoyable.
"Stop Checking The Price" isn’t just another investment book; it’s a practical toolkit that empowers you to make smarter investment choices with confidence. It’s perfect for anyone who wants to take control of their financial future without getting bogged down by the noise of the stock market.
Overall, this book is a must-read if you’re looking to streamline your investing strategy and focus on what really matters. It's an ideal guide for simplifying complex concepts and making informed decisions that lead to successful investing. Highly recommended for its practical advice, real-world applicability, and Dodaro’s engaging writing style.
simple strategy that works and good coaching in the title
High and stable ROIC and invested capital works. It’s the difference between a good and bad business. He hits the nail on the head here.
He spends a lot of time convincing people to buy small caps and nano caps. I think the average investor needs to be very careful picking stocks below $50m of market cap that trade over-the-counter given the amount of fraud and business instability at that size. Part of why Buffett sticks 80% of his portfolio in 6 names is because you don’t have those concerns with Apple and Amex. I wouldn’t want people thinking they don’t need a ton of names in their books if they go down the OTC portfolio route.
I found Dodaro's Stop Checking The Price a valuable addition to my knowledge in my efforts to learn about investments. This book discussed the strategy of using ROIC, WACC and the gross margins to pick out long term winners, among other techniques and insider views about trading and diversification. The term diworsification was interesting, and admittedly, I think I was very much caught up in pixelated views that prevented me from seeing the bigger pictures. There were valuable strategies and insights in this book which helped me to improve my understanding of investing. I would recommend this book for readers interested in learning about finance and investments.
a convincing thesis on the profitability of patience
“Stop Checking The Price” by J. F. Dodaro is a 190-page guide that explains and advocates for a disciplined and long-term approach to investing. The book emphasizes the importance of focusing on fundamental analysis and maintaining a steady investment mindset, rather than reacting to daily market fluctuations, and focuses on behavioral finance, encouraging readers to cultivate patience and resilience to underpin their financial decisions. The book is ideal for budding investors who may be seeking to learn techniques for building wealth through a calm, methodical approach rather than reacting to market volatility.
This book gave me a whole new way to think about my spending habits. The author’s advice on how to stop obsessively checking prices and make more mindful financial decisions has been incredibly helpful. The tips are practical and easy to implement, making a real difference in how I manage my money. I feel more confident and less stressed about my finances now. If you’re looking to break free from constant price-checking and take control of your financial life, this book is a must-read. Highly recommend it!
Dodaro gives fantastic insight, coupled with equally impressive arguments, examples, and data to justify his approaches. I'll admit is am still having trouble properly calculating or finding WACC easily, but I get there. His 5 minutes is my 30 minutes, but still time well spent. When you get it all put together and put it to the test, you quickly find that he's right. I appreciate your book, thank you!
A different approach to a more bulletproof strategy
I really enjoyed reading this book, and it is very useful, on top of other books I have read about investing in the stock market. I will apply the strategy of this book to my own strategy, and I look forward to seeing better results, and not having to check my stock prices every day.
The less is more approach of this book is valuable even if you decide not to completely follow the authors strategy. I also found the analogy’s entertaining and useful. A lot of value for the modest price of the book. Highly recommended.
I wish investing is that simple. But it isn’t. Though the author tries to simplify picking bad stocks and not buying them, it frankly isn’t that easy to invest. However the author does explain various ways to identify the bad apples and showcases different tools to do the same. I still give it a 4 star as it pushes you to think smarter
It's written with clarity and has good educational value for a thinking reader. Specifically for a beginner wanting to learn stock analysis methods and philosophies, the processes described are explained with good clarity and seem quite valuable.
An alternate method for stock screening. Worth the price. Simplifies your research for both large and small cap stocks. I learned something I believe will make me a better investor.
Interesting ideas backed by experience and research. Clearly written. A number of reasonable strategies that a seasoned investor should add to his or her armamentarium