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Thursday
Jun032010

Must Read For New Traders And Give Away! 

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I’ve been involved with financial markets, portfolios, and teaching financial principals for some years now. As seasoned as I feel in my consulting practice author Mariusz Skonieczny was able to show me some very important parts of the business process that I take for granted on a daily basis. If you were a person who never had a finance class throughout your schooling then Mariusz’s  “Why Are We So CLUELESS about the STOCK MARKET?” is a great starting point for you.

The author takes you from the very basics of how business capital structures work to talking about when appropriate times to sell are. Mariusz has a very methodic approach that focuses on finding the best deals in the stock market and the metrics used to pick winners. This book is geared more towards those interested in being a bit more active in their investment trading regimes so if you are looking for help crafting a long term financial plan this might not be for you.

Throughout the book Mariusz sprinkles great anecdotal examples that easily break down complex financial concepts so that you can jump into you first trades before you even finish this read. There are also charts, graphs and Excel spreadsheets that are downloadable so the tools he shows you throughout his investment decision process are accessible to the readers. I downloaded one of his models and played with it for some time and it did exactly what he explained it would do.

Along with breaking down financial principals like time value of money, cost/capital structures, and P/E and EPS; Mariusz has actually shown you a few of his own case studies that he used in building his own portfolio.  He includes a conversation for those that are hung between investing in tangible real estate and the stock market that makes for a nice ending to the book.

One of the biggest things the reader will pull away from this is the ability to identify what makes a healthy company. What I mean by this is that when people think debt there is often a stigma of a company being financially unwell. Leverage can actually increase real returns on investments and Mariusz shows you how to identify that delicate balance.

Overall an easy read and a nice introduction to value investing. Mariusz does cover a few broad financial topics but in brevity as the focus of the book is helping the readers find and exploit undervalued companies in financial markets. Mariusz’s “Why Are We So CLUELESS about the STOCK MARKET?” is now available on Amazon so feel free to check it out.  If you are interested in learning more about Mariusz and how he helps his clients you should also visit his website Classic Value Investors

I have ONE SIGNED COPY of "Why Are We So CLUELESS about the STOCK MARKET?" to give away!! Leave your comments below and on Sunday I will choose one at random and send it off to you. Good Luck!!

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Reader Comments (10)

" There are also charts, graphs and Excel spreadsheets that are downloadable so the tools he shows you throughout his investment decision process are accessible to the readers" This statement alone has me interested. It's great to see a financial author who understands the value of spreadsheets and can build them in such a way to make them useful to the average user. I'm still amazed at how many brilliant accountants and financial wizards are still using ledgers on paper because they simply don't know the value of technology. Consider my interest piqued.

June 3, 2010 | Unregistered CommenterShawn Durham

I second Shawn's sentiment! This seems like something that would even be understandable by the financial illiterate, aka me!

June 3, 2010 | Unregistered CommenterMelissa Cibelli

Heck, if it's a way to get more knowledgeable in this world I am completely down!

June 3, 2010 | Unregistered CommenterScott Gerhardt

I appreciate that this book covers the fact that you cannot take a financial snapshot at face value. There are so many layers and variables that must be considered when determining what truly indicates the sign of a "healthy" company. My hats off to the author. This book looks like a great read and is long overdue.

June 3, 2010 | Unregistered CommenterRenee Geiszler

You can never have enough information when it comes to investing. I've worked with Real Estate investments for some time and found that to be true. Increased knowledge means increased potential. All I can say is MORE PLEASE!

June 3, 2010 | Unregistered CommenterLeto Covington

Woohoo! Freebie! I don't know much about the stock market but if there's a book that can take me by the hands and show me what it's all about. I'm all for it. Sounds interesting. Even if I don't win, I'll just say this, this book is on my list of 'to read'. Thanks for review Nunzio.

June 3, 2010 | Unregistered CommenterThu Nguyen

I love free and if it's going to show me how to be a better investors that's a bonus. It might give me the motivation to actually start investing..in things other than the bar on the weekend.

June 4, 2010 | Unregistered CommenterDarren Duke

This was a great review! I'm in real estate so I'm a little biased but I would love to learn more about how to work the stock market! Or how to better position US Homes Realty anyways :)

June 4, 2010 | Unregistered CommenterTanya Vital

> great anecdotal examples that easily break down complex financial concepts
That sounds perfect. I have a lot of learning to do and I'm a fan of "show me how."

June 6, 2010 | Unregistered CommenterJ.D. Meier

Thanks for all the great comments everyone! This comment thread is closed to the contest and I will be using a random number generator to pick the winner. There will be an email going out to the winner and the announcement in the next Financially Digital post.

June 7, 2010 | Registered CommenterNunzio Bruno

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