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The Perfect Stock: How a 7000% move was set-up, started and finished in an astonishing 52 weeks
This book illustrates why most people lose in the stock market, even when tremendous opportunities are presented to them. A spectacular move of over 7000% in 52 weeks was offered to the public and still the vast majority of the public either lost money or did not make any significant gains on the stock. Only a handful of the insiders made money on the move. Written as a fiction surrounding such a stock, the book offers simple lessons to the lay person about how to improve one's odds for success in the stock market, and it does so with an entertaining and enlightening storyline. The story offers an insight into the rewarding way Wall Street works for the insiders and how it shows a different face to the outsiders.
- GenresFinance
141 pages, Kindle Edition
First published September 30, 2004
62 people are currently reading
142 people want to read
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Displaying 1 - 13 of 13 reviews
March 9, 2023
Really enjoyed this book!
Love learning from it.
Snippets:
"
For me at least until a stock that could be perfect shows up - cash would be king. And the market would continue to be right, as always.
As long as we are wrong small and right big the odds are in the trader’s favor.
"
Progressive exposure, mitigating risk, and patience are key things to learn while I invest in the market.
Will read this again to remind me how to look at the market, and respond.
Understand the game that is being played!
Love learning from it.
Snippets:
"
For me at least until a stock that could be perfect shows up - cash would be king. And the market would continue to be right, as always.
As long as we are wrong small and right big the odds are in the trader’s favor.
"
Progressive exposure, mitigating risk, and patience are key things to learn while I invest in the market.
Will read this again to remind me how to look at the market, and respond.
Understand the game that is being played!
February 17, 2023
this reads like a novel but educating at the same time
Anyone new to the markets will benefit from reading Brad’s work. It reads like a novel but many of the fundamental concepts have been explained very succinctly.
Anyone new to the markets will benefit from reading Brad’s work. It reads like a novel but many of the fundamental concepts have been explained very succinctly.
February 27, 2024
A Masterpiece for Aspiring Investors
If you really want to know how Wall Street works and what’s really going behind the scenes, “The Perfect Stock" by Brad Koteshwar is a masterpiece that every aspiring investor should read.
The author's writing style is engaging and easy to understand, making complex concepts accessible to readers of all levels. The book covers a wide range of topics, from the basics of stock market terminology to advanced strategies for analyzing stocks.
One of the things I appreciated most about this book is the author's emphasis on the importance of doing your own research and making informed decisions. He provides practical tips and tools for conducting thorough stock analysis, which has helped me become a more confident and successful investor.
Overall, I highly recommend "The Perfect Stock" to anyone who is serious about investing in the stock market. It's a valuable resource that I will continue to refer back to for years to come.
If you really want to know how Wall Street works and what’s really going behind the scenes, “The Perfect Stock" by Brad Koteshwar is a masterpiece that every aspiring investor should read.
The author's writing style is engaging and easy to understand, making complex concepts accessible to readers of all levels. The book covers a wide range of topics, from the basics of stock market terminology to advanced strategies for analyzing stocks.
One of the things I appreciated most about this book is the author's emphasis on the importance of doing your own research and making informed decisions. He provides practical tips and tools for conducting thorough stock analysis, which has helped me become a more confident and successful investor.
Overall, I highly recommend "The Perfect Stock" to anyone who is serious about investing in the stock market. It's a valuable resource that I will continue to refer back to for years to come.
January 29, 2022
A weird but fun little trading book that I somehow missed back in the day when I read absolutely everything like this. Billed as fictional, but seems to be a semi-fictional account of the various players involved in Taser's post-IPO supernova move in 2004. An enjoyable time capsule. Funny to read about the quirks of short term momentum traders at the time, and especially their lingo (like calling a trade a "commitment"). Many things have since changed, but most big concepts remain the same. The book really needs a deep copyedit though. Loaded with typos and infelicitous language. Hit me up, Brad! I'll do it for a huge discount. Seriously!
July 24, 2021
Excellent primer on how the markets operate…
…and further reinforcement of the basic trading principles of greats such as Loeb, Darvas and Minervini… Some may read this and get nothing out of it - but those people are likely the same ones who the market eats for lunch every day…
…and further reinforcement of the basic trading principles of greats such as Loeb, Darvas and Minervini… Some may read this and get nothing out of it - but those people are likely the same ones who the market eats for lunch every day…
May 16, 2022
Perfect stock best explained
Simple and lucid explanation. A must read for the day trader, positional trader and investor. Another book by same author " perfect speculator" to is must read.
Simple and lucid explanation. A must read for the day trader, positional trader and investor. Another book by same author " perfect speculator" to is must read.
August 8, 2022
Good Book
There slot of market wisdom in this book, I saw all of my flaws and saw where I need to make the necessary adjustments. The 1 thing like in this book are the examples from the charts.
There slot of market wisdom in this book, I saw all of my flaws and saw where I need to make the necessary adjustments. The 1 thing like in this book are the examples from the charts.
September 21, 2023
amazing book for anyone wanting to have go at stock market story !
May 5, 2024
Highly Highly Recommended. Gripping and fascinating, and lots of lessons!
July 24, 2024
Pretty easy read. The author used a fictional situation to explain all parties involved in a stock and the connectivity of all parties and their thought process.
April 8, 2020
Easy read, with actionable insights that should be applicable to the present day stock market just as well.
July 24, 2008
This is a fictionalized account of the rise and fall of the stock of a real company. In one year, the stock of Taser International, the makers of Tasers, rose by over 7000 percent. Despite this, few average investors made any money on the stock.
The narrator, an experienced investor, is asked, by another experienced investor, to talk to the people behind the stock, to get the "inside story." He talks to the CEO, a major stock speculator, and to the brokerage firm handling the Initial Public Offering, or IPO. He finds that Wall Street shows a very different side to insiders than it does to average investors.
By the time Taser was available to the general public, the big investors had already made their money. Still, it became a "must have" stock. The price jumped from $50 to nearly $400 per share, and analysts speculated that the price could reach $1000 per share, so people were ready to hold it for a long time. Hindsight is always crystal clear, so what investors should have done, but few investors did, was to buy at, for instance, $100 per share. When the price reached a specific level, say, $130 per share, sell and don’t look back. Even a small profit on Wall Street is better than nothing. The worst off were the late buyers, those people who bought Taser near or at its high, when the stock had only one direction in which to go.
Some investors engage in short selling, which is betting that a stock’s price will drop. For those people, while on its way down, Taser had an unfortunate tendency to bounce. It would go down for a while, then suddenly rise by 10 or 20 points. The price would go down some more, then suddenly rise by another 10 or 20 points, driving those short sellers nuts. Unless an investor is patient, and really understands the market, which few investors do, even with such an opportunity as Taser International, few investors made any money.
Obviously, this is a really specialized book. For those who are, or want to be, involved in the stock market, this book is well worth reading.
The narrator, an experienced investor, is asked, by another experienced investor, to talk to the people behind the stock, to get the "inside story." He talks to the CEO, a major stock speculator, and to the brokerage firm handling the Initial Public Offering, or IPO. He finds that Wall Street shows a very different side to insiders than it does to average investors.
By the time Taser was available to the general public, the big investors had already made their money. Still, it became a "must have" stock. The price jumped from $50 to nearly $400 per share, and analysts speculated that the price could reach $1000 per share, so people were ready to hold it for a long time. Hindsight is always crystal clear, so what investors should have done, but few investors did, was to buy at, for instance, $100 per share. When the price reached a specific level, say, $130 per share, sell and don’t look back. Even a small profit on Wall Street is better than nothing. The worst off were the late buyers, those people who bought Taser near or at its high, when the stock had only one direction in which to go.
Some investors engage in short selling, which is betting that a stock’s price will drop. For those people, while on its way down, Taser had an unfortunate tendency to bounce. It would go down for a while, then suddenly rise by 10 or 20 points. The price would go down some more, then suddenly rise by another 10 or 20 points, driving those short sellers nuts. Unless an investor is patient, and really understands the market, which few investors do, even with such an opportunity as Taser International, few investors made any money.
Obviously, this is a really specialized book. For those who are, or want to be, involved in the stock market, this book is well worth reading.
August 23, 2016
A semi-fictionalized account of trading during TASR's skyward move during 2003-4. There are a number of good DON'T lessons in here (and a few cautionary DOs), and some good information on how a low-volume stock can be manipulated by the real players. The author is a reasonably astute trader, though a pretty terrible writer and even worse self-editor – a blessedly quick read, probably worthwhile if the topic is of interest.
Displaying 1 - 13 of 13 reviews