Break the Wall Street Rule: Outperform the Market With Relationship Investing

Rating:
Summary: The 1st book for intelligent investors!
Review: Most investment books are written for speculators. They focus on a strategy for picking stocks though market timing, technical analysis, finding value stocks that are under priced, or growth stocks with good prospects. The problem is that over time, none of these methodologies achieve returns superior to the market average. As more and more investors realize this, they have chosen to invest in index funds. Yet, the more we do so, the less efficient our markets become since capital is no longer allocated to companies that produce the greatest wealth for each dollar invested.

Jacobs identifies our most common fallacy; treating stocks like commodities. Each share of stock represents ownership and a vote in what is to be done with corporate assets. Index investors spread their stock holdings so thinly, they minimize any influence they can have on each company. Break the Wall Street Rule is about how to be an effective owner, how to focus your attention on factors over which you can have some control, rather than the market. It is the first book written specifically for intelligent individual investors. (for more, see http://www.corpgov.net/abreviews1.html#Jacobs)

Rating:
Summary: Great read for active investors
Review: Take power back from executives, admonishes this shareholder advocate. Should be a great read for investors who want to be active without trading all the time.