Learn to Earn: A Beginner's Guide to the Basics of Investing and Business
By (Author) Peter Lynch
By (author) John Rothchild
Simon & Schuster
Simon & Schuster
13th February 1996
United States
General
Non Fiction
Financial reporting, financial statements
332.6
Paperback
272
Width 140mm, Height 214mm, Spine 18mm
220g
Mutual fund superstar Peter Lynch and author John Rothchild explain the basic principles of the stock market and business in an investing guide that will enlighten and entertain anyone who is high school age or older.
Many investors, including some with substantial portfolios, have only the sketchiest idea of how the stock market works. The reason, say Lynch and Rothchild, is that the basics of investingthe fundamentals of our economic system and what they have to do with the stock marketarent taught in school. At a time when individuals have to make important decisions about saving for college and 401(k) retirement funds, this failure to provide a basic education in investing can have tragic consequences.
For those who know what to look for, investment opportunities are everywhere. The average high school student is familiar with Nike, Reebok, McDonalds, the Gap, and The Body Shop. Nearly every teenager in America drinks Coke or Pepsi, but only a very few own shares in either company or even understand how to buy them. Every student studies American history, but few realize that our country was settled by European colonists financed by public companies in England and Hollandand the basic principles behind public companies havent changed in more than three hundred years.
In Learn to Earn, Lynch and Rothchild explain in a style accessible to anyone who is high school age or older how to read a stock table in the daily newspaper, how to understand a company annual report, and why everyone should pay attention to the stock market. They explain not only how to invest, but also how to think like an investor.
Peter Lynch managed the Fidelity Magellan Fund from 1977 to 1990 when it was one of the most successful mutual-funds of all time. He then became a vice chairman at Fidelity and more recently has become a prominent philanthropist particularly active in the Boston area. His books include One Up on Wall Street, Beating the Street, and Learn to Earn (all written with John Rothchild).
John Rothchild was formerly a financial columnist for Time and Fortune magazines.