Full of Bull

9780132360111

013236011X

Buy! Outperform! Hold! What are stock analysts "really "saying? How do you read between the lines, decipher their insider code, put their research in context, and use it to "actually make money?" Read Stephen McClellan's "Full of Bull" and find out. For decades, McClellan was one of the Street's leading analysts. He knows exactly how the game is played. Now, for the first time, he reveals the Street's secrets and misleading signals, putting you on a level playing field with the world's biggest institutional investors. 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! Decode the Street's hidden signals and misconceptions "Filter out the noise, find the truth, and profit from it" When "hold" really means "sell right now!" "Cautionary tales, powerful lessons" Where to find the Street's best research... "And how to avoid the worst" The real keys to a quality investment "More than 40 principles, strategies, and practices that work" "Only Stephen McClellan could have written this book. As a senior statesman of industry analysts, Steve has worked inthe inner circles of Wall Street for over thirty years. When Steve talks, everyone in the industry listens. This book is like a college extension course for investors, and it's taught by the Dean." -H. Ross Perot, Sr. Founder, Electronic Data Systems, Founder, Former Chairman, Perot Systems "Steve McClellan has drawn on an insider's lifetime view of how Wall Street really works to produce a practical and entertaining book of advice for investors. Whether you are a new or experienced investor you'll get something valuable out of it, including more than a few chuckles." -Charles O. Rossotti, Former Commissioner, Internal Revenue Service