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Echo Point Books & Media 100 to 1 in the Stock Market by Thomas William Phelps
In 100 to 1 in the Stock Market Thomas Phelps discloses the secrets and strategies to increasing your wealth one hundredfold through buyandhold investing. Unlike the shortterm trading trends that are popular today Phelpss highly logical yet radical approach focuses on identifying compounding machines in public markets buying their stocks and holding these investments long term for at least ten years.In this indispensable guide Phelps analyzes what made the big companies of his day so profitable for the diligent longterm investor. You will learn how to identify and invest in profitable business models without visible growth ceilings that will quickly increase your earnings. Worth its weight in gold (and then some) 100 to 1 in the Stock Market illuminates the way to the path of longterm wealth for you and your heirs. With this classic yet highly relevant approach you will pick companies wisely and watch your investments soar! Thomas William Phelps (19031992) spent over 40 years in the investing world working as a private investor columnist analyst and financial advisor. His illustrious investing career began just before the stock market crash in 1929 and lasted into the 1970s. In 1927 he began his career with The Wall Street Journal where he was a reporter news editor and chief. Beginning in 1936 he edited Barrons National Financial Weekly. From 1949 to 1960 he served as an assistant to the chairman and manager of the economics department at Socony Mobil Oil. Following this venture he was a partner in the investment firm of Scudder Stevens & Clark until his retirement in 1970.One of the five greatest investment books youve never heard of The Daily Reckoning Of all the books on investing that Ive read over the years 100 to 1 in the stock market one was at once the most pleasurable and most challenging to my own beliefs. Value Walk (ValueWalk.com) For years we handed out copies of Mr. Phelps book as bonuses. Timothy Lutts Cabot Investing Advice one of the largest investment advisories and newsletters in the country since 1970show more