When I first started reading Put Your Money Where Your Heart Is: Investment Strategies for Lifetime Wealth from a #1 Wall Street Stock Picker by Natalie Pace, I wasn't sure I was going to write a review about it, for a couple reasons. The author didn't attend an Ivy League school, didn't have a degree in finance, and hadn't worked for a major Wall Street firm. But the book grew on me and I realized that she became a successful stock trader in spite of the fact that she wasn't a Harvard MBA who worked for Goldman Sachs. This is why her success is all the more important and her story and her techniques are worth reading.
She discusses techniques on finding the best stocks, dealing with hot industries, establishing the most appropriate diversification, and dealing with stockbrokers and financial planners. She also talks about how Investment Clubs and be helpful for both learning about investments and hearing about new stock ideas. She covers the ins-and-outs of setting up a club and how it operates.
One informative chapter is called 'Top Eleven Signs the CEO is Rolling in Your Dough,' in other words, how to watch out for another Enron. One of the more important concepts from the book is her holistic view of investing. And her investment analogies (e.g. surfing) are great.
If you are looking for a refreshing approach to investing, I strongly recommend Put Your Money Where Your Heart Is: Investment Strategies for Lifetime Wealth from a #1 Wall Street Stock Picker,
Stay tuned for the exclusive Stockerblog.com interview of Natalie Pace, which will be posted in the next couple weeks.
Review by Fred Fuld at Stockerblog.com