The Little Book That Makes You Rich: A Proven Market-Beating Formula for Growth Investing

by Louis Navellier

Profit from a powerful, proven investment strategy

The Little Book That Makes You Rich is the latest book in the popular "Little Book, Big Profits" series. Written by Louis Navellier -- one of the most well-respected and successful growth investors of our day -- this book offers a fundamental understanding of how to get rich using the best in growth investing strategies. Navellier has made a living by picking top, actively traded stocks and capturing unparalleled profits from them in the process. Now, with The Little Book That Makes You Rich , he shows you how to find stocks that are poised for rapid price increases, regardless of overall stock market direction. Navellier also offers the statistical and quantitative measures needed to measure risk and reward along the path to profitable growth stock investing. Filled with in-depth insights and practical advice, The Little Book That Makes You Rich gives individual investors specific tools for selecting stocks based on the factors that years of research have proven to lead to growth stock profits. These factors include analysts' moves, profit margins expansion, and rapid sales growth. In addition to offering you tips for not paying too much for growth, the author also addresses essential issues that every growth investor must be aware of, including which signs will tell you when it's time to get rid of a stock and how to monitor a portfolio in order to maintain its overall quality. Accessible and engaging, The Little Book That Makes You Rich outlines an effective approach to building true wealth in today's markets.

Louis Navellier (Reno, NV) has one of the most exceptional long-term track records of any financial newsletter editor in America. As a financial analyst and editor of investment newsletters since 1980, Navellier's recommendations (published in Emerging Growth) have gained over 4,806 percent in the last 22 years, as confirmed by a leading independent newsletter rating service, The Hulbert Financial Digest. Emerging Growth is one of Navellier's four services, which also includes his Blue Chip Growth service for large-cap stock investors, his Quantum Growth service for active traders seeking shorter-term gains, and his Global Growth service for active traders focused on high growth global stocks.

Genres: Finance, Business, Personal Finance, Money

208 pages, Hardcover

First published January 1, 2007

Reviews

[jamie · Rating 1 out of 5]

I've liked other books in the 'Little Books Big Profits' series, but I didn't enjoy this one so much. In it, Navellier discusses his formula for identifying winning stocks. It has two parts: fundamentals and his so called 'quantitative grade.' The former is made up of 8 fundamental characteristics of stocks. The latter is a proprietary grading system based (apparently) on minimizing risk (minimizing beta and maximizing alpha) while also maximizing buying pressure. But because it's proprietary, he doesn't discuss how to determine it at all. (Presumably it has to do with technical analysis of some sort.) And this quantitative grade accounts for 70% of the overall grade of the stock. So he spends about 6 chapters on the 8 fundamentals (the last of these crams 3 fundamentals into one chapter - it seems as though Navellier got tired of writing about these), but doesn't disclose the proprietary secret. Great. He does have a website that identifies high-ranking stocks, or that will tell you the grade of any particular stock. But I would want to understand how the grading system works - that's the point of the book, to explain how the website works. Otherwise I could've just gone to the website and not wasted my time reading the whole thing (admittedly not a big deal, as it is a short book). I kept on waiting for a discussion about the 'quantitative grade' and it never came. Don't waste your time.

[James Jr. · Rating 3 out of 5]

I think this was a good book that was apparently published in 2007 before the Great Recession struck. Louis Navellier, a very successful investor, in this book reveals a list of eight fundamental factors that he has used for several decades to beat the market and create great wealth from himself and his clients. Over the years, he refined his process to make it better and even more effective. The drawback for readers of this book is the need to go to his website at www.getrichwithgrowth.com to use his stock-rating tool to determine what stocks to buy and sell. I have made several attempts to use the website but keep getting the following warnings regardless of the browser that I use: YOUR CONNECTION IS NOT PRIVATE. Attackers might be trying to steal your information from www.getrichwithgrowth.com. The website is integral to the use of the information presented in the book and without the website, readers won't be able to apply Navellier's teachings. At least I couldn't. I still enjoyed reading this book but don't think it will help others much when it comes to investing.

[Systemchalk · Rating 1 out of 5]

This book is a spectacular waste of time. Each chapter of the first half could just as easily have been written as a single sentence. Second half of the book is the author reminding us of how much of a “math guy” he is while assuring us it’s much too complicated for us to understand but that the work has been done for us at the companion website. The website, of course, is no longer online.

I’m not sure Wiley charged people for a hardcover commercial for a website, but apparently they did and my library was unfortunate enough to buy it.

[Mehul Sutariya · Rating 5 out of 5]

This book is a pocket guide for the investor who selects stock based on the fundamental approach. All the idea of selecting stocks from when to buy, when to sell! What you must have to think out side the fundamental of the stocks. How to find the Fraud before it wipes your money. Which kind of caution you must follow while you own the stocks.
All things are in one little book.

[Abhishek Singh · Rating 1 out of 5]

Kindle version is horrible

Content wise the book gives you a high level summary to approach towards growth investing- I found it helpful.
However, I purchased the kindle version and all the tables are distorted - it is impossible to read them. That is the main reason I give this book a one star.

[Bill Donhiser · Rating 4 out of 5]

A good primer on growth stocks. I heard Mr. Navellier speak at a meeting and purchased his book. It sat on my to-read shelf for many years, I finally broke down and read it. I wish I had taken the time sooner. It has some great ideas to take the emotion out of buying and selling stocks

[Jon · Rating 4 out of 5]

good quick read, definitely a focus on growth stocks, key there is to look at stocks that earnings estimates are being revised up on a regular basis.

[Sunny Nie · Rating 5 out of 5]

It's a very simple book on the idea of growth investing.

[bob · Rating 1 out of 5]

作者介绍了其30%基本面+70%量化指标的公式，又不具体介绍详细方法，尤其量化指标。说来说去都是推荐他的收费投资网站。他的公式好不好，除了他自己说好外，查了半天也没看到其公开的业绩披露。唯一发行过一个ETF（代码RWV）也已经退市。个人感觉怎么就像卖金融产品的，各种好，就是不说为啥好。卖故事吧。

[Anam Azam · Rating 1 out of 5]

It was the worst. The guy keep bragging about how mighty and great he is. That was all in this small creepy book.

[Chau Anh · Rating 5 out of 5]

A good primer on stock picking and monitoring the markets.

[Brandon Little · Rating 3 out of 5]

An interesting investing strategy that is almost--ok purely based on the numbers. The book shows how by just looking at the numbers, and the numbers alone can make you a very successful investor. The book shows different calculations to look at and a hierarchy of importance in these numbers. It offers a few different ways to use these numbers depending on the type of investment style you have. If nothing else the book would make a nice supplement to individual investment ideas because it offers a continually updated database online to check for the current rating according to his system. I find that this is nice to check on companies that I am considering investing in and getting either the confirmation for my thinking or contradiction. Which I then follow up more closely with the particular aspect that was contradicted to ensure it is a smart investment.Even if you turn out to not like or agree with the book, it is such a quick read (I finished in 4 hours)that its not a big investment of time to make.

[bookreader]

I was trained by brilliant growth investors; though it's not my style, I respect the way they invest. Value investors who sniffily dismiss other investment philosophies as intellectual parvenus only display their own overconfidence & confirmation bias. But you know growth investing is suffering from an intellectual credibility gap when the editors of this generally illuminating series selected a crass newsletter writer to advocate the growth camp. Light on examples and heavy on the self-promotion, his "winning" formula is nothing more than a simple, two-page recitation of well-established growth hallmarks followed by 200 pages of logorrheic bragging. I'm genuinely curious about how the Phil Fishers, T. Rowe Prices, Peter Lynches, and Tom Baileys of this age are investing in today's market. That book desperately needs to be written, but you won't find it here.

[K2 ----- · Rating 3 out of 5]

A friend recommended this author's financial newsletter so I wanted to know more about his approach. Although the book was obviously geared toward the male reader, with sport's analogies that read like Charlie Brown's teacher, it was a worthwhile read. Nothing earth shattering but I didn't expect that. I read books such as these to gather other opinions and if I learn one morsel of new information my read has been worthwhile. The books does seem a bit dated, but it is ten years old and I only paid a few dollars for it used.

He has several financial newsletters and I am sure many thousands of subscribers. His tendency to buy tobacco and defense stocks is a turn off to this investor but I am sure he has made many people rich. I have a friend who is all in with his picks and has been very successful as a result lives the life he wants in his retirement.

[Mathew Deas · Rating 4 out of 5]

This book provided a different perspective on investing than the other books in this series. It prioritizes earnings and beating forecasts above any valuation metric. Seven metrics were discussed:

1. Positive earnings revisions
2. Positive earnings surprises
3. Increasing sales growth
4. Expanding operating margin
5. Strong cash flow
6. Earnings growth
7. Positive earnings momentum
8. High return on equity

Nowhere here is a valuation ratio such as P/E or P/BV. No caution is taken when one considers overpaying for a stock is a very quick way to lose money on it. The different perspective is good to have as Value Investing is VERY mainstream and for good reason I might add.

[Dan McMillan · Rating 4 out of 5]

I read this book in the summer of 2008 right before the financial crisis was about to occur. A great short read and the author does a good job at putting it all there in a smaller book. Definitely recommended for people interested in the financial markets or helping work with their own financial analysis.

[Peter · Rating 5 out of 5]

If you in the stock market you need this book too.

[Larry · Rating 4 out of 5]

Another good book in this series

[Ahmed Alazmi]

good book

[Asif · Rating 2 out of 5]

Was a complete waste of time for me. For a beginner investor it might make some sense but for all others the book is going to be completely redundant.