Discover how to do what Wall Street does, not what it says. Uncover analysts' hidden influences, biases, and blind spots. React appropriately to upgrades, downgrades, and price targets. Decide which research to ignore completely. Bring a clear eye to company announcements. Avoid the disastrous mistakes individual investors make when they use analyst research.
Drawing on his immense experience analyzing top companies, McClellan shows how to do your own research, systematically evaluate a company's prospects, and choose investments based on core principles that work. Forthright and bold, Full of Bull offers objective, focused guidance you should be getting from your broker, but aren't!
This is a very interesting book IF:
1) You don't mind wading through all of the anecdotal, "Bull", of how Mr. McClellan is the greatest financial analyst of all time.
2) If you can be patient enough to handle #1, there are some good insights into the world of Wall Street, CEO's, researching companies, analyzing data related to individual stocks, and other insights into purchasing stock.
3) It's too bad that it took 8 1/2 hours to tell this story because what you're really after would only take 1/3 of that time.
4) Part of Mr. McClellan's insight is to expose CEO tactics of how to oversell a company's worth to heighten a stock's value. Based on the contents of this book, Mr. McClellan and his publisher have learned that tactic well.
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