“Gobind, a young man eager to invest, approaches Mr. Stock for help to guide him through the roller-coaster ride of buying a stock, holding on to it, and finally exiting it in time.”
About The Author
Manoj Arora, an IT
Executive by the day and an author by the night, has worked for the best of
Fortune 500 companies across the world in his 20 years of career. A gold
medalist from AMU (Aligarh Muslim University), he continued to radiate
excellence throughout his professional life.
Although, besides being
a top performer, he dreamt of a life led by financial freedom and happiness; a
life not driven by salary and yearly increments. His observations grew from time
to time, looking at people caught in a rat race that has no definite end goal.
The IT Executive turned
author has been a best seller owing to his stellar works like ‘From the Rat
Race to Financial Freedom’, ‘Happiness Unlimited’, ‘Dream On’, ‘Autobiography
Of A Stock’, ‘ A Fathers Diary’ and ‘FOOPS’.
Backed by a middle-class
family in Delhi and rising to tremendous roles in multinationals around the
globe, Manoj Arora managed to capture the pulse of the people and observe what
gives true happiness to them.
About Stocks By
Mr. Stock Himself
This book captures
the attention of the reader by the first page itself, as it takes the approach
of ‘telling a story through the main character itself’. The hero of this book,
Mr. Stock, is a personification of stocks and securities that one tends to
invest in. And who can better explain the working of stocks other than Mr. Stock
himself?
The book starts with
a dialogue, and the entire tone of this book is set over such conversation
only. Gobind, an eager young man, approaches Mr. Stock on the reference of his
friend. The tone of the conversation continues to be semi-casual, like a mentor
talking to his mentee.
Basics Explained
With Ease
By far, for anyone
who is starting from zero and seeking to enter the investing world, this book is
ideal for you. From answering the most basic question ‘What is a Stock?’ to explaining
charts, tables, and formulas, the book does everything for a curious mind.
Any highlight-worthy
lessons in the chapters are put in a box for quick revision or a general summary
of the content in that chapter.
While reading this
book, the reader might feel he/she is investing along with the main protagonist
Gobind; from learning the meaning and nature of stock, busting common and uncommon
myths, and finally handpicking an ideal company to put a bet on.
In short, this book
is a step-by-step guide for anyone starting from scratch in the investing world
and who is eager to learn everything about it.
Common And
Uncommon Myths Busted
The investing world
is surrounded by myths more than facts; some of those are commonly known as hearsay,
while some are coated with once-proved theories. This book helps to bust all these
common and uncommon myths.
For example, we all
know that there is no such thing as ‘quick money’ in stock investing. While such
success stories might not be backed by repeated losses, they are backed by hours
of study and research. But, the myth of investing everything you have in one
good performing stock is lesser-known, leading to risking-it-all situations.
Such myths are
unraveled from chapter to chapter, lesson to lesson; and identifying and revising
them might require highlighting them with a pencil while reading them.
This book is more of
a skill development book, rather than a sit-and-read-with-a-coffee-in-hand kind
of book.
Copyrighted Innovations
In This Book
Books on investing and
the stock market exist in large numbers in the market, and no one likes to read
the same thing over and over again. This book has an upper edge in this area.
The book has a few
copyrighted innovations from lesson to lesson, specified in the book-end
summary. These innovative ideas extend to formulas and concepts like Dividend Oxidation
Effect, Client Inertia, Intrinsic P/E, AC-MP-IV Tracking, and so on.
In between commonly
known concepts, these few concepts are refreshing and very interesting to read.
After reading the book and finding these innovations listed at the end of the
book, the reader will be compelled to re-read these concepts to get a better hold
of them.
Overall Rating – 3.8/5
Written By – Simran Mahon
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