This book perfectly illustrates why most people lose in the stock market, even when tremendous opportunities are presented to them. A spectacular move of over 7000% in 52 weeks was offered to the public and still the vast majority of the public either lost money or did not make any significant gains on the stock. Only a handful of the insiders made money on the move. Written as a fiction surrounding such a stock, the book offers simple lessons to the lay person about how to improve one's odds for success in the stock market, and it does so with an entertaining and enlightening storyline. The story offers an insight into the rewarding way Wall Street works for the insiders and how it shows a different face to the outsiders.
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This book perfectly illustrates why most people lose in the stock market, even when tremendous opportunities are presented to them. A spectacular move of over 7000% in 52 weeks was offered to the public and still the vast majority of the public either lost money or did not make any significant gains on the stock. Only a handful of the insiders made money on the move. Written as a fiction surrounding such a stock, the book offers simple lessons to the lay person about how to improve one's odds for success in the stock market, and it does so with an entertaining and enlightening storyline. The story offers an insight into the rewarding way Wall Street works for the insiders and how it shows a different face to the outsiders.
Brad Koteshwar is a lifelong student of the stock market. He started off working as a commodities broker. After some years, having been burned out by the stress of the high volatility and risk involved in trading commodities, he turned to the stock market. After years of learning by practice, Brad and his wife, Sheila, started an online newsletter (breakout123.com) in 2001 - right smack in the middle of a severe bear market. They subscribe to the philosophy, which is constantly imparted to their readers, that one has to be conservative and wait for the right stocks to show up before making any serious commitments. Brad ended up calling the top on Taser, the stock around which the story is written in this book, to the exact day in his newsletter.
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