Book Summary

Book: '42 Rules for Sensible Investing'

This book provides concise, practical, and sensible down-to-earth discussion of various investing strategies and gives advice on picking winning stocks.

In '42 Rules for Sensible Investing', Leon Shirman shares his practical insights on personal investment strategies and philosophies, and on picking winning stocks. These views are heavily influenced by successful long-term approaches used by modern investing legends, such as Benjamin Graham, Warren Buffett and Peter Lynch. The sometimes complex and esoteric strategies are transformed into concise, practical, and sensible rules, which can be used to evaluate your portfolio and immediately implement changes if necessary. Some rules are common sense advice.  Some you may have heard about.  And some could definitely cause controversy.

Selected Table of Contents

• Introduction
  
• Rule 3. Invest for the Long Term
  
• Rule 7. Compound Interest Is Good
  
• Rule 12. Don’t Follow the Crowd
  
• Rule 19. Diversify
  
• Rule 37. You Can Always Find Undervalued Companies in Any Market