Invest Like a Shark: How a Deaf Guy with No Job and Limited Capital Made a Fortune Investing in the Stock Market by James DePorre

Product Details

Synopsis

Top market guru Jim “RevShark" DePorre reveals the strategies behind his own personal fortune

• Discover powerful “active trading” techniques for supercharging your returns and lowering your risks
• Master the right tools, discover the right opportunities—and move fast
• You just can’t afford to “buy and hold”! Why the conventional wisdom is flat wrong

As an individual investor, you can swim circles around the “whales” of Wall Street…by investing like a shark! In this book, James “Rev Shark” DePorre reveals how to maximize your powerful and unique advantages as a small investor: speed and flexibility.

You’ll develop a completely new way of looking at the stock market, learn when to attack, how to move aggressively, how to stay flexible…and when to swim away in the face of danger. You’ll learn why “buy and hold” is today’s riskiest strategy…and exactly what to do instead. In short, you’ll learn the same disciplined investment techniques that helped DePorre build a tiny nest egg into a huge fortune and transformed his life.

If you read TheStreet.com, RealMoney.com, or SharkInvesting.com, you already know DePorre and his inspiring personal story of how he lost his hearing, career, and marriage…turned to online investing out of desperation…and succeeded beyond his wildest dreams. Now, in this fast-paced, insightful, and entertaining book, DePorre shows how you can do it, too.

How to invest like a shark…

• Stay in motion, trolling for your“next meal”
• Stalk your prey patiently, relentlessly, and without emotion
• Move fast when there’s blood in the water
• Know when to strike
• Know when to swim away
• Sell when you sense danger
• Feed on the frenzied crowd
• Profit from others’ fear, despair, stupidity, and greed
• Use all your unique advantages and strengths
• Leverage small caps, technical analysis, and the tremendous power of cash
• Invest with the shark’s attitude
• Be active, adaptive—and control your own destiny

Publishers Weekly

DePorre, noted stock market investor and writer for TheStreet.com and RealMoney.com, offers advice to small investors. The key to maximizing assets, he says, is shark investing-protecting capital while aggressively pursuing profits. Small investors' quickness and flexibility is a powerful advantage that they should exploit. But most small investors are passive, DePorre claims, holding investments for long-term gains, although this conventional investment wisdom results in only mediocre returns and carries the risk of greater loss. Maintaining the shark analogy, he tackles topics such as the myths of Wall Street, understanding market dynamics, portfolio management and how to put everything together, offering cogent, practical advice. Graphs and charts illustrate key points, in addition to a useful glossary. But the shark theme gets old quickly and makes otherwise sound advice appear gimmicky. However, for first-timers planning to enter the market or those hoping to improve their results, DePorre's advice will be a welcome guide. (Nov.)

Biography

James L. “RevShark” DePorre is widely viewed as one of the nation’s top stock market investment advisors. He is President of both Shark Asset Management, Inc., and Shark Investing, Inc., and has been a featured writer for Jim Cramer’s TheStreet.com and RealMoney.com since 2001. A pioneer in educating investors online, DePorre joined Herb Greenberg in 1995 to found AOL’s The Shark Attack trading site, which quickly became a premier destination for serious traders. In 1999, he founded Shark Investing, which has evolved from its chat room roots into a full-service educational and financial content Web site.