Midas Investing
How You Can Make
at Least 20%
in the Stockmarket
this Year and Every Year
By Johnathan Steinberg
Times Business, $25
ISBN 081292388X
Review by Michael Pellecchia
Obsessed with the weekly Value Line Investment Survey since the age of 13, Jonathan Steinberg went on to become a very successful small-cap investor. He bought the Penny Stock Journal in 1988, which is now Individual Investor magazine. In Midas Investing he recaps his approach to stock selection, focusing on earnings, insider buying, momentum investing, updates, and themes and sectors. He hits on the basics and discusses the components of his stockpicking approach with the authority of an expert, the advisory tone of a sympathetic fellow investor, and the casual delivery of a Peter Lynch.
His discussion of earnings growth casts a helpful perspective not only on stockpicking, but also on how to hold a stock successfully. Other subjects get the same friendly, informed treatment. This is a book every investor can use at any stage of their learning.
Michael Pellecchia writes about business and finance books each month He can be reached at michael_pellecchia@bookpage.com.
©1996, ProMotion, inc.
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