Fire Your Stock Analyst!: Analyzing Stocks On Your Own: Analyzing Stocks On Your Own

by Harry Domash

The #1 Guide to Do-It-Yourself Stock Analysis– Now Fully Updated with Powerful New Shortcuts! “Harry’s book is among my most recommended readings because it provides a step-by-step process that enables any investor to analyze potential investment opportunities and ultimately become a much better investor.” – Charles E. Kirk, The Kirk Report “This is a thoughtful book that will stir the imagination and whet the appetite of anyone considering investing in stocks. It will serve as a foundation for lifelong education in how to improve your wealth.” – Victor Niederhoffer, Chief Speculator, Manchester Investments, and author of the best-selling Education of a Speculator “This book is sensible, balances risks with rewards, has a lot of real-world practical examples carefully worked out, and a lot of tangible parameters. This is the book I wish I had time to write.” – David Edwards, President, Heron Capital Management, Inc. “Fire Your Stock Analyst! grabbed my attention early and held it to the very end. This is a good book if you are interested in being your own stock guru or just getting started in common stock investment analysis.” – Nicholas D. Gerber, Portfolio Manager, Ameristock Funds “A refreshing antidote to run-of-the-mill investing ‘how-tos.’ The net result is an insightful and useful treatise on investing that works for both growth and value plays.” – Charles Mulford, Invesco Chair and Professor of Accounting, Georgia Institute of Technology, and coauthor of The Financial Numbers Detecting Creative Accounting Practices “Fire Your Stock Analyst! offers honest and up-to-the minute advice and guidance on the investment-research process. Domash offers up a great combination of textbook knowledge backed by real-world examples.” – Richard H. Driehaus, Driehaus Capital Management, Inc. “Fire Your Stock Analyst! provides well-thought-out, sensible, step-by-step strategies for analyzing stocks, including when to sell. These analytical methods, used by pros though rarely explained to individual investors, will help you improve your results in the market right away.” – Jon D. Markman, Senior Investment Strategist and Portfolio Manager, Pinnacle Investment Advisors

Genres: Finance, Nonfiction, Business

414 pages, Paperback

First published September 11, 2002

Reviews

[Charlie Lake · Rating 4 out of 5]

Published in 2003. This is an excellent read if you are interested in understanding stocks. A dry read if you have little knowledge of income statements and balance sheets but worth your while to persevere. Discusses how to approach picking value and growth candidates to own. Clearly describes why you should pay attention to certain key indicators such as cash flow, debt, profit margins and redflags that indicate risks in owning certain stocks. A book that needs to be by your side constantly. Highly Recommended. Very little has changed in the fundamentals of stock picking since this book was published 20 years ago.

[David Kudlinski · Rating 4 out of 5]

Harry Domash is the stock guru I follow and trust most. His book is dry, but informative - and despite my best intentions, I do not have time to do his complete diagnostic test on any stock. And there is no reason to, since Harry makes the buy/sell recommendations for his stocks each month on his Dividend Detective web site, which I scrutinize. I’ve read many books on the stock market – I do not follow TV celebrity showman, Jim Cramer, because he is a frenetic savant who is too rambling and unfocused for public consumption, in my opinion. I studied put and call options, but this is too complicated for an amateur, and, in my opinion, it is more about gambling than investing. With the direction of the stock market uncertain, I think it is best to collect high dividends. Sure, I have some money in a 401K, but the so-called “professional fund managers” managing my portfolios were comatose at the controls during the 2001 internet bubble bust and 2008 real estate melt-down. It is a common misconception that a stock broker’s or fund manager’s number one responsibility is to make huge profits; no, his or her number one duty is to avoid catastrophic losses! As sad it is, I will do no worse on my own, than some Joe Sh*t the Rag with a business or finance degree. And shockingly, a leading Wall Street brokerage firm has been accused by Congress of secretly short-selling overvalued stocks that they have advised their own customers to buy long. This happened after these so-called Wall Street “experts” invested heavily in risky mortgages – something a sophomore in high school wouldn’t do – now our middle class tax money must bail out these Wall Street nincompoops.

[David · Rating 4 out of 5]

Despite the cheesy title, the book itself is pretty good in terms of an introductory of stock picking. It does well avoiding what one would learn in school and does well teaching what one should have learnt in school.

The book summarizes value investing and growth investing. It explains what it is and how it is done. It goes into great detail on what to look for, how to look for it, and why to look for it. It is well organized and short and concise with good examples.

[Dan · Rating 3 out of 5]

I'm still plowing through this one. I picked it up because I'd like to do some investing, and this book seems to have it all. Very in-depth and detailed.

[Candy Chiu · Rating 4 out of 5]

Good introductory book to fundamental analysis.

[Alex Phung · Rating 5 out of 5]

Perfect book for people who want to rock their investments or become professional stock analysts

[Matt · Rating 3 out of 5]

Provides good screening tips and an overview of ratios for the non-accountant.