Debut book now available!

So many myths and stereotypes have grown up around the stock market that it can be difficult even for experienced players to distinguish valuable information from the hype that appears on the internet. What is more, knowledge known from publications written decades ago is already outdated today.

Therefore.

The book on the stock market had to be rewritten

After more than a decade of record low interest rates and massive stimulus packages, it would be appropriate to redefine the concepts of company debt and the cost of servicing it, and thus a company’s vulnerability to financial trouble.

The role of hard assets held by companies today is also completely different; production lines, machinery, etc. are increasingly proving to be a capital-intensive burden rather than an asset. Today, intangible assets, unique know-how and the ability to create economies of scale are becoming the real assets on the stock market.

In addition, the COVID-19 pandemic and the reactions of governments and central banks have completely transformed the reality of stock valuations and distorted the relationship of stocks to bonds.

The effect of irreversible change can be seen not only in the authorities’ response to the pandemic, but also in the way we work, communicate with each other, shop or travel today.

Learning to analyse and recognise the growth potential of a company’s revenues or profits is key to being able to decide which stocks are worth buying in 2023, and in the years to come, in the post-pandemic reality.

And that’s actually what this book is about: how to professionally find, analyse and select good stocks and then build a professional investment portfolio out of them.

Just that – and so much more.

What will you learn from this book?

  • The basics to get you started:

    • where to get capital,
    • where to look for information,
    • how to choose a good broker,
    • why use margin.
  • Foundation analysis:

    • assessing the health of the company,
    • checking stability,
    • examining the risk of bankruptcy,
    • best indicators to help.
  • Company valuation:

    • recognising a bubble,
    • different valuation models,
    • forecasting share price,
    • the impact of interest rates.
  • Company profitability:

    • revenue vs. profits,
    • why the stock is rising,
    • growth or value,
    • when to sell.
  • Risk management:

    • understanding the role of volatility,
    • exploring portfolio correlations,
    • avoiding currency risk,
    • potential returns vs. slippages.
  • Portfolio construction:

    • modern portfolio theory,
    • the role of bonds and gold,
    • short positions and other classes
    • establishing ideal proportions.

Put in one's pennyworth

My aim has been to give the reader the unique and reliable knowledge I have gained myself over the past decade managing fund money, investment trusts and multi-million dollar portfolios of so-called HNWIs (high-net-worth individuals). No fillers, no pouring water, no theories, no academic quibbles. Pure investment meat, cooked by a practitioner for a practitioner.

'The Stock Market. The Beginning’ is a book I wish I had read myself twelve years ago. It would have saved me a lot of time searching for my path and distinguishing what works from what is just internet hype or folk wisdom.

Since you are on this page, you are probably in a similar position to the situation I was in a decade ago. Don’t make my mistake and waste your time and money reinventing the wheel. Take advantage of the experiences described in the book and you’ll take off from a higher level than 99% of individual investors.