Battle for Investment Survival
Battle for Investment Survival book cover

Battle for Investment Survival

Hardcover – June 11, 2007

Price
$18.24
Format
Hardcover
Pages
336
Publisher
Wiley
Publication Date
ISBN-13
978-0470110034
Dimensions
5.8 x 1 x 8.5 inches
Weight
1 pounds

Description

From the Inside Flap "This book was among the first ten on investing I ever read. . . . It remains important for anyone seriously interested in capital markets, financial journalism, or even their own personal investments." --From the Foreword by Ken Fisher, CEO of Fisher Investments and Forbes columnist "Loeb tells us to put all our eggs in one basket, and watch the basket." -- John Rothchild, Financial Columnist, Time magazine "This book is very special in my life. It is the very first Wall Street book I ever read. After reading 1,200 additional finance books, The Battle for Investment Survival 's principles and concepts are still valid for consistent success." -- Victor Sperandeo, Author of Trader Vic on Commodities In The Battle for Investment Survival , the turf is Wall Street, the goal is to preserve your capital at all costs, and to win is to "make a killing without being killed." This memorable classic, originally written in 1935, offers a fresh perspective on investing from times past. The Battle for Investment Survival treats investors to a straightforward account of how to profit--and how to avoid profit loss--in what Loeb would describe as the constant tug-of-war between rising and falling markets. "This book was among the first ten on investing I ever read. . . . It remains important for anyone seriously interested in capital markets, financial journalism, or even their own personal investments." ―From the Foreword by Ken Fisher, CEO of Fisher Investments and Forbes columnist "Loeb tells us to put all our eggs in one basket, and watch the basket." ― John Rothchild, Financial Columnist, Time magazine "This book is very special in my life. It is the very first Wall Street book I ever read. After reading 1,200 additional finance books, The Battle for Investment Survival 's principles and concepts are still valid for consistent success." ― Victor Sperandeo, Author of Trader Vic on Commodities In The Battle for Investment Survival , the turf is Wall Street, the goal is to preserve your capital at all costs, and to win is to "make a killing without being killed." This memorable classic, originally written in 1935, offers a fresh perspective on investing from times past. The Battle for Investment Survival treats investors to a straightforward account of how to profit―and how to avoid profit loss―in what Loeb would describe as the constant tug-of-war between rising and falling markets. GERALD M. LOEB worked on Wall Street as a stockbroker for forty years, beginning in the late 1920s. He was also a financial writer whose articles were published in Barron's, Wall Street Today, and Investor Magazine . A prolific writer throughout his career, Loeb also authored Gerald Loeb's Checklist for Buying Stocks and Your Battle for Stock Market Profits . Read more

Features & Highlights

  • "This book was among the first ten on investing I ever read. . . . It remains important for anyone seriously interested in capital markets, financial journalism, or even their own personal investments."
  • ―From the Foreword by Ken Fisher, CEO of Fisher Investments and
  • Forbes
  • columnist
  • "Loeb tells us to put all our eggs in one basket, and watch the basket."―
  • John Rothchild,
  • Financial Columnist,
  • Time
  • magazine
  • "This book is very special in my life. It is the very first Wall Street book I ever read. After reading 1,200 additional finance books,
  • The Battle for Investment Survival
  • 's principles and concepts are still valid for consistent success."―
  • Victor Sperandeo,
  • Author of
  • Trader Vic on Commodities
  • In
  • The Battle for Investment Survival
  • , the turf is Wall Street, the goal is to preserve your capital at all costs, and to win is to "make a killing without being killed." This memorable classic, originally written in 1935, offers a fresh perspective on investing from times past.
  • The Battle for Investment Survival
  • treats investors to a straightforward account of how to profit―and how to avoid profit loss―in what Loeb would describe as the constant tug-of-war between rising and falling markets.

Customer Reviews

Rating Breakdown

★★★★★
30%
(79)
★★★★
25%
(66)
★★★
15%
(39)
★★
7%
(18)
23%
(60)

Most Helpful Reviews

✓ Verified Purchase

Timeless Book

One of the best book written by Gerald Loeb. I liked the way he said put all your eggs in one basket and see the basket grow. Ofcourse before you put all the eggs in one basket you may want to research on the stock very carefully both the fundamental and technical details and most importantly the market needs to be in a uptrend. 3 out of 4 stocks fail in a market downtrend. Loeb bought most of his winning stock as the market was in a confirmed rally and the leaders were on the verge of breakout on higher volume. A recent such phenomenon happened on 29th Aug 2007 when the market confirmed a new rally and in that rally Baidu, Dryships, Vimpel communications rose over 100% in less than 3 months. A phenomenon seen so often.
3 people found this helpful
✓ Verified Purchase

A pure trader's book

I can fully see why Nicolas Darvas was so adamant about this book along with Tape Reading & Market Tactics By Humphrey B. Neill. When this book was written in 1930s, it was one of the very few pure trader's books. In todays standard, it still is.
3 people found this helpful
✓ Verified Purchase

Like prospecting for gold

This book contains lots of valuable gold nuggets but you have to find them. The book is not well organized, more than a narrative, it is a reference book but without an index. Once you have marked it up, it will become a useful reference book. I use little 3M colored tabs to do so but I think they no longer sell them.

Loeb is a momentum player rather than a long term buy and hold investor or a day trader and much of his advice is pertinent to his investing style. But I found other ideas much more interesting, specially the ones about capital management. A lot of what comes out of academia and earns Nobel Prizes is appropriate for funds, mutual, hedge and others, but not necessarily for the individual investor. For example, one concept in particular that dogs funds is volatility which they equate to risk. Often an individual investor can ignore short term volatility if his investment horizon is measured in years as opposed to funds that measure performance on a quarterly basis. For funds volatility is risk. For individual investors it need not be. Once you realize the different needs of individuals vs. collective funds, you can appreciate Loeb's advice and apply it to your own investing style.

This is a book worth reading but make sure you mark the places where the gold nuggets hide.
3 people found this helpful
✓ Verified Purchase

Sound advice for stocks which apply to mutual funds

Great guide and philosophy for investing which is the key to avoiding poverty if done properly. Any investor can learn from it
2 people found this helpful
✓ Verified Purchase

INVESTMENT SURVIVAL

Must reading for any one before starting to dabble in direct investing in stock markets.
Appears to be dated but is not. Advise on speculation is still wise for today.
2 people found this helpful
✓ Verified Purchase

Entertaining and Educational

I found the "Battle" educational and entertaining. Loeb writes with the style of a poet but the sensibility of someone who's been through the trenches.
2 people found this helpful
✓ Verified Purchase

Timeless Trading Tips

I'm amazed that this book was published during the mid 60's but the trading rules that gerald loeb advices is the same trading rules that I use until now. It just show you that the Stock market never changes. Trading pyschology stays the same because fear and greed will always be part of the trading cycle. If you want to get down to the basics of stock trading read this book.
2 people found this helpful
✓ Verified Purchase

Five Stars

this is a really good book.
1 people found this helpful
✓ Verified Purchase

Five Stars

timeless
1 people found this helpful
✓ Verified Purchase

Five Stars

Good investment advice.
1 people found this helpful