How I Made 2 Million Dollars In The Stock Market...

Another book that you may want to check out is a book called The Brainwashing of the American Investor by Steve Selengut. (Don't worry, the worst part of the book is the title.)

His story is very interesting. Unlike most other famous investors, Selengut made his money in the stock market by buying and selling shares of stock in the same way the average investor buys and sells shares, and not by managing a mutual fund or investment company. He made his fortune and retired from his job at about age 35, and then he started his current investment management company. You can learn more about him from his company's web site: www.sancoservices.com.

His approach involves trading, but not technical analysis (thankfully). He's very big on three fundamentals: buy quality, diversify, and generate income. He runs his portfolio much the same way as a business; and he considers his shares to be "inventory." By and large, his approach has far surpassed any other that I've tried over the years.

I found out about him because I was looking for an investment strategy that was neither based on trying to time the market nor involved holding shares for extensive periods of time. It has worked very well for me and I get no compensation for saying any of this.

Best,
Phil