Thursday, December 15, 2011

Laughing at Wall Street



I got THIS BOOK through BlogHer and while I've not yet read all of it, I have read some and I have also read about it through several really positive reviews on Amazon.com.

The book description on Amazon reads:

$20,000 to $2 million in only three years— the greatest stock-picker you never heard of tells you how you can do it too

Chris Camillo is not a stockbroker, financial analyst, or hedge fund manager. He is an ordinary person with a knack for identifying trends and discovering great investments hidden in everyday life. In early 2007, he invested $20,000 in the stock market, and in three years it grew to just over $2 million.

With Laughing at Wall Street, you’ll see:
•How Facebook friends helped a young parent invest in the wildly successful children’s show, Chuggington—and saw her stock values climb 50%
•How an everyday trip to 7-Eleven alerted a teenager to short Snapple stock—and tripled his money in seven days
•How $1000 invested consecutively in Uggs, True Religion jeans, and Crocs over five years grew to $750,000
•How Michelle Obama caused J. Crew’s stock to soar 186%, and Wall Street only caught up four months later!

Engaging, narratively-driven, and without complicated financial analysis, Camillo’s stock picking methodology proves that you do not need large sums of money or fancy market data to become a successful investor.

Intrigued? Check it out. The concept of following trends on social media and turning those observations into investments has merit. Can you imagine? Yowza.

1 comment:

Jimmy said...

I pretty much gave up on picking stock after Kmart declared bankruptcy several years ago. They were supposed to make me rich.