As of today, June 25, 2007, the book is complete-though unedited and rough. It is currently under review by Literary Agents-the people who handle the day-to-day management of authors’ affairs and shop books to publishers.
Right now, F Wall Street is a 210-page, conversational guide to investing in stocks from a business perspective. It will teach you how to value a business, how to identify a buy price, and how to check up on your companies once a year-completely ignoring the stock market.
An independent, 3rd-party critique of the book said:
Assessment:
The purpose of a book critique or viability check for a manuscript is to have an opinion on the strengths and weaknesses of a piece of writing and to determine whether or not the manuscript is worth publishing. In the case of F Wall Street, the book is definitely worth publishing.
Strengths:
Clear thesis: The ground for investors is shifted from gambling in stocks to investing in businesses, in a long-term view based on the axiom that stock prices will always follow the value of the company in the long run (summarized in the Immutable Law of the Markets).
Reader-friendly tone: Straightforward, enthusiastic, plainspoken, humorous; well targeted for Gen Xers
Pace: lively and to the point
Bottom line:
An excellent book, even for someone like me, who has no interest in “playing the stock market,” but who likes to earn money
I’ll keep you posted on the status of the book.
Filed under: Miscellaneous
Didn’t know where to put this comment, but because you’re talking about your book here, I thought I’d put this request here.
Can we have a post of recommended readings? What’s your “must read” list?
I’m trying to learn as much about value investing as I can!
In the last few weeks I’ve finished The Dhando Investor by Pabrai and The Little Book that Beats the Market by Greenblatt.
I’m currently reading The Intelligent Investor by Graham. So far, it’s the most comprehensive of the three. I am really soaking this stuff up. It’s amazing that the edition I’m reading was written in the 1970’s, yet could be describing the Internet boom and collapse!
After reading the first two books, Graham’s book seems like a more sober, objective account (which is good), although they all seem to agree on the same thing: “stocks do well or poorly in the future because the businesses behind them do well or poorly – nothing more and nothing less”.
So what I’m asking is for all or your must reads – not a huge list, and not the latest fad, but one or two of the timeless ones.
Joe, maybe you could create a book review thread/post? I remember you did one for Phil Town’s book, but I haven’t seen others.
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Can’t wait to buy your book(s) and give copies to friend & colleagues. Keep up the good work!!
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