What do you think?
Rate this book
Unholy Grails - A New Road to Wealth
What’s the fastest way to lose money? Follow the herd. Nick Radge stopped following the herd many years ago. As a trader and stock broker, Nick learnt to recognise what the herd were doing and how they react to financial information. He also realised that it made no sense.
Are you one of the herd?
Here’s a test:
If a stock’s price is falling do you think it represents good value, i.e. it’s cheap?
OneTel and HIH were not cheap when they eventually delisted in 2001. ABC Learning was not cheap when it delisted in 2008. How about Bear Sterns, Lehman Brothers, Trump Entertainment or Kodak? Billabong does not look cheap at the moment!
A stock price in motion tends to stay in motion; Unholy Grails will show you how to be on the positive side of this statement.
Nick Radge is focused on momentum investing; purchasing stocks that are trending up. Nick shows you how to hitch a ride on stocks in an uptrend or protect your capital during sustained bear markets.
Unholy Grails goes against almost everything your stock broker, financial planner and your fund manager will ever tell you. Considering that in 2008 capital managed by fund managers dropped up to 50% we are in desperate need of an alternative way of thinking. In Unholy Grails, Nick Radge details a road less travelled; a compilation of practical strategies for investors looking for long term gains with minimum daily effort.
“I am shocked that so many Mum and Dad investors were financially and emotionally battered during the GFC. The financial planners and fund managers they were relying on for advice gave them no advice: just the same old ‘buy and hold’ strategy that simply does not work in a collapsing market. In Unholy Grails I define specific strategies for investors, allowing them to manage their own investments and stop paying fees to financial planners and advisors,” said the author, Nick Radge.
Whether investing for your retirement or using an active investment strategy to manage your personal wealth, Nick Radge examines and tests numerous investment strategies to help determine the right one for you.
Don’t expect the same old, worn out advice from Nick Radge. His latest book is not called Unholy Grails for nothing!
Are you one of the herd?
Here’s a test:
If a stock’s price is falling do you think it represents good value, i.e. it’s cheap?
OneTel and HIH were not cheap when they eventually delisted in 2001. ABC Learning was not cheap when it delisted in 2008. How about Bear Sterns, Lehman Brothers, Trump Entertainment or Kodak? Billabong does not look cheap at the moment!
A stock price in motion tends to stay in motion; Unholy Grails will show you how to be on the positive side of this statement.
Nick Radge is focused on momentum investing; purchasing stocks that are trending up. Nick shows you how to hitch a ride on stocks in an uptrend or protect your capital during sustained bear markets.
Unholy Grails goes against almost everything your stock broker, financial planner and your fund manager will ever tell you. Considering that in 2008 capital managed by fund managers dropped up to 50% we are in desperate need of an alternative way of thinking. In Unholy Grails, Nick Radge details a road less travelled; a compilation of practical strategies for investors looking for long term gains with minimum daily effort.
“I am shocked that so many Mum and Dad investors were financially and emotionally battered during the GFC. The financial planners and fund managers they were relying on for advice gave them no advice: just the same old ‘buy and hold’ strategy that simply does not work in a collapsing market. In Unholy Grails I define specific strategies for investors, allowing them to manage their own investments and stop paying fees to financial planners and advisors,” said the author, Nick Radge.
Whether investing for your retirement or using an active investment strategy to manage your personal wealth, Nick Radge examines and tests numerous investment strategies to help determine the right one for you.
Don’t expect the same old, worn out advice from Nick Radge. His latest book is not called Unholy Grails for nothing!
224 pages, Kindle Edition
First published April 5, 2012
56 people are currently reading
259 people want to read
Ratings & Reviews
Friends & Following
Create a free account to discover what your friends think of this book!
Community Reviews
Displaying 1 - 6 of 6 reviews
July 28, 2023
Very useful tips and metrics for running a trading system
The book contained many tips and small stories/advice that match what I have observed trading a system for a few years. It also contains some good explanations of metrics that you should develop and observe when trading your system.
Some concepts will appear simple and they are, but simple does not mean easy and this book is a definition of this. Pretty simple stuff but requires patience, perseverance, and the right attitude to succeed. The attitude can't be bought and needs to be developed.
The book contained many tips and small stories/advice that match what I have observed trading a system for a few years. It also contains some good explanations of metrics that you should develop and observe when trading your system.
Some concepts will appear simple and they are, but simple does not mean easy and this book is a definition of this. Pretty simple stuff but requires patience, perseverance, and the right attitude to succeed. The attitude can't be bought and needs to be developed.
September 8, 2020
Good to learn what momentum investing is and insight into how part of the market is being traded.
I think I would be a bit dubious reading any book on how to make money and so I was before I moved into the last 1/4 of this one (the Interview with Experts chapter) which was a dialogue with people that had made money from the methods described in the book...
That said, I’m much more a buy and hold than a trader so I started with a bias on the topic.
I think I would be a bit dubious reading any book on how to make money and so I was before I moved into the last 1/4 of this one (the Interview with Experts chapter) which was a dialogue with people that had made money from the methods described in the book...
That said, I’m much more a buy and hold than a trader so I started with a bias on the topic.
September 1, 2020
Clear and easy read
This book is suitable for anyone interested in learning about momentum trading.
Nick provides easy to understand explanation and studies with proven back tested results. The interviews with individual was an insightful chapter to understand the many ways of trading with momentum and how they manages them.
This book is suitable for anyone interested in learning about momentum trading.
Nick provides easy to understand explanation and studies with proven back tested results. The interviews with individual was an insightful chapter to understand the many ways of trading with momentum and how they manages them.
April 19, 2022
well structured, clear and to the point
Heard this Aussie on a podcast and liked his approach. Book is well structured without too much maths, but very clear as to the strategies. Best book so far on the subject.
Heard this Aussie on a podcast and liked his approach. Book is well structured without too much maths, but very clear as to the strategies. Best book so far on the subject.
April 2, 2020
Be a Manager of Bad Trades rather than Pursue Good ones..
July 29, 2025
Don't bother unless you have a spare $100k.
Displaying 1 - 6 of 6 reviews