Amazon.ca:Customer reviews: One Up On Wall Street: How To Use What You Already Know To Make Money In The Market

Product just as promised, fast shipping.

Reviewed in Canada 🇨🇦 on February 1, 2023

Product just as promised, fast shipping.

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A mixed bag

Reviewed in Canada 🇨🇦 on May 1, 2020

Some good advice and some bad ones.

Peter Lynch' claim that index funds contribute to market volatility is false. One only has to look at the portfolio turnover of a broad market fund to see.
His insistence that small investors should invest in the same sector where they work is potentially dangerous. A downturn in the sector can decimate both your job and your portfolio - imagine an oil worker who invest heavily in oil stock just before the 2020 oil collapse and recession. Diversifying is important.

16 people found this helpful

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From Canada

Product just as promised, fast shipping.

Reviewed in Canada 🇨🇦 on February 1, 2023

Product just as promised, fast shipping.

Frank

Excellent

Reviewed in Canada 🇨🇦 on January 13, 2023

Five stars

Very practical book for all ivestors.

georgi georgiev

Reviewed in Canada 🇨🇦 on November 29, 2015

Very practical book for any kind of investors.
I bought this book few years ago directly from the book store, I have read the book few times as a bible and now, I bought it for two friends of mine as a gift.
It will help any kind of investor for the simple reason that Peter Lynch describes the investing approaches used by him during his time as a portfolio manager of Magellan fund in a very simple and understandable manner without getting too much into financial details, but just to the level to help to understand the most important criteria for finding good companies that will likely outperform the market and thus to mitigate the risk of losing money investing in a low quality but probably highly advertised companies.
One of the things I liked the most in his book was that he shows finding good companies in a bit different prospective where the most important factor is not the professional financial skill set but rather the good sense and sound judgment that could easily be quantified with supporting financial data.
Another thing I liked also was that unlike many other authors, Peter Lynch separated the stocks into different groups and hence he showed every group characteristic, stock selecting criteria, price target, management in the portfolio, etc.
Based on the book and according to his different groups stock finding criteria, I was able to build my own stock searching screeners, and surprisingly for me, a lot of the stocks I have been finding, are very high quality stocks in terms of profitability, low debt, available cash, earnings etc., that usually outperformed the market for years and will likely continue to do so if the companies manage to keep up with the constantly changing market conditions and maintain similar or better financial yearly and quarterly results as in the past.
I found also that many of the stocks I have been finding according to his criteria, could be seen also as recommended by Zacks, MorningStart and other Financial advisor's institutions.
I am planning to show some of the stocks I have been selecting based on Peter Lynch' criteria on my web (stocksavvy net) so you could have better idea for the different criteria I am using and for the potential results as well.
Other websites like Gurufocus are also using Peter Lynch wisdom to find good stocks, but at the end as he says, if one uses just a common sense to find good companies, it would not be a big surprise at the end to outperform the market and the professional fund managers and thus helping to have sufficient funds upon retirement or even doing this for living.

17 people found this helpful

worth the time to read it

Liam Vo

Reviewed in Canada 🇨🇦 on October 16, 2018

I originally picked this book because after I read a lot about Warren Buffett's investing I decided to see other people's style. This was a good read but it was specific to Lynch's style so it was not applicable to today's investment decisions. Peter describes how he came about developing his strategy for success. He talks about his past, his victories, and some of his failures. He describes everything that happened in an easy way to read. Anyone, including non-financial folks, can understand this.

The book emphasizes through numerous examples the importance of understanding the companies you invest in, picking winners, and collecting the important facts. Although some of the companies mentioned are no longer in existence, the reasoning and the thought process is as valuable as it was when the book was written.I particularly liked the list of questions to ask before buying a stock and for identifying suitable times to buy or sell a stock. "Not all common stocks are common"(Lynch 36).

In the end this was a good read but many of the topics are outdated. This book is significant to people staring on investment because it teaches you that the average investor can get rich.

8 people found this helpful

Colin

Great Book.

Reviewed in Canada 🇨🇦 on July 15, 2022

Have read a good amount of investing books, and this one is probably my favorite.

Must own book on investing and stock market

Serge S

Reviewed in Canada 🇨🇦 on June 29, 2022

Must have

Reviewed in Canada 🇨🇦 on September 21, 2021

Read this book after you've read the Intelligent Investor. It's a fabulous complement and Peter Lynch definitely has "another way" of looking at stocks. Plus his sense of humor is excellent. Great book !

A mixed bag

Reviewed in Canada 🇨🇦 on May 1, 2020

16 people found this helpful

A must read for investors

Greg Hounslow

Reviewed in Canada 🇨🇦 on March 1, 2021

The best book for an investing beginner. This is required reading for anyone who wants to invest their money in the stock market. Sure, it’s from the 1980s so some of the retail examples he provides are a bit less relevant, but his concepts of choosing quality companies at great valuations stand the test of time.

One person found this helpful

Shilling Blues

Excellent book

Reviewed in Canada 🇨🇦 on April 9, 2021

A friend recommended this book as an introduction to the world of investing, to get into that mindset. Granted the book is outdated but the principles are still valid today. It's an easy read, well organized.