Book Review - “The Autobiography Of A Stock” By “Manoj Arora”


Source - Amazon.in

“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


Source - Amazon.in

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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