The Forever Portfolio: How to Pick Stocks That You Can Hold for the Long Run
Altucher, James
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"This book is a fantastic read for any investor!" -Jim Cramer Mutual fund managers, day traders, and other professional investors don't like you. They think they're smarter than you. But they have an Achilles' heel that you, the individual investor, do not. They all focus on the short-term: a day, month, quarter, year. You can afford to invest for the long-term: five, ten, twenty years. You can even emulate Warren Buffett (who held Coca-Cola and Gillette for decades) and think about forever. James Altucher, the acclaimed founder of Stockpickr.com, shows how it's possible to find "forever" stocks-those you can safely buy and hold for at least twenty years. These companies will profit from broad demographic trends and can ride out any short-term market fluctuations. If you create a "forever portfolio" you won't have to look at your investments every day, worry about quarterly economic reports, or panic if the markets plunge 10 percent in a week.
Portfolio Trade
2011-12-27
272 pages