This week, Fred Kobrick, author of The Big Money, has been guest blogging -- writing one post a day. I just received the following from Fred and wanted to post it right away:
Dear investors and bloggers,
This is Fred on Friday morning. It’s been quite a week and I’ve enjoyed being here. Thanks to FMF for the guest spot.
Please keep in mind that my book The Big Money was written with the following things in mind:
(1) What have I learned over my career that drove my results to the top of the country, but could also be useful for investors that are bored and intimidated by traditional investment book approaches?
(2) Why most investors have to struggle with the same questions year in and year out and have no way of learning lessons from good stocks and bad?
(3) Can I show people that not only can a book be fun, but also investing be fun - and at the same time put them on a path to wealth?
(4) Since the bubble broke, this decade has seen negative returns for the overall market, yet plenty of people are making money—can I truly help people to get wealthy in a way that is based on common sense and the core factors that I learned over my career—factors that were also used by others who had the best public, documented records in the country.
(5) Can I cure people of all those quick fix books that promise results in minutes, just as do diet books and all the other pop stuff that never, never works?
(6) Can I bring people to realize that common sense does work to get rich if coupled with only a few key things to learn and focus on? The Seven Steps are easy and work together like your arms and legs when running. This is to cure the big problems of people beating themselves.
(7) BASM is the compass: Business Model, assumptions, strategy and management are the four factors that identify stocks that can make you rich for life. Everything repeats so business models of those stocks that went up 50X or 300X or 500X arte going to repeat over and over again. This is the path to The Big Money, and thus the name of my book.
I want to help my friends, and others who are trying to become financially independent. I did that, and others will do that, but it is a matter of whether or not you take yourself and your common sense seriously and are a person that will read and focus. I think most of us can do that.
I am heading out for a family get-together for Mother’s Day and need to get on the road.
Thanks again, and perhaps some day some of you will read the book and have great questions and FMF will ask me to answer some of the best that can help the most.
Best to all,
Fred
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Thank you, Fred. I appreciated your insight and expertise and loved conversing about stocks.
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