3 comments about The Investment Club Book.

1. Author John F. Wasik claims his book is more "informational" than "a fun read," but I'd have to disagree. While Wasik packs in the material (this book is nothing if not comprehensive), the most compelling part of the book to me is the "true life stories" of successful clubs and successful club members. The book never reads like some inspirational Reader's Digest, though, as Wasik lets the clubs tell their own stories, stepping aside to allow the reader to soak up hundreds of collective years of club experience as related by otherwise-average individuals from all across the country. Wasik may well be the most accomplished writer of all the investment club book authors, and he approached the book with the proper reporter's objectivity. Still, it's clear that he is impressed with the success of the investment club concept, and by the members profiled in The Investment Club Book. For readers interested in the answer to the question, "why start an investment club," this book provides the answer.



2. Having read the NAIC investment club book, Starting and Running a Profitable Investment Club : The Official Guide from the National Association of Investment Clubs, and reading this book, I found the former book much more detailed and useful. I found The Investment Club book to be little more than an endorsement for the former. I would recommend saving your time and money and purchase Starting and Running a Profitable Investment Club : The Official Guide from the National Association of Investment Clubs.



3. OK, I already know how to invest money, so all I was looking for was a book to give me the specifics on investment clubs. This book covers that, but about 1/2 of it is about stocks, bonds, etc., basically, things I wouldn't need to get out of it. Also, the author is tied strongly to the NAIC, an association for investment clubs, and plugs it throughout the book. My opinion is that, for the same reasonable price, you can get a slightly better and more updated book through the Motley Fool collection...

1 comments about Pop Finance: Investment Clubs and the New Investor Populism.

1. In spite of the comic book cover, this is a serious, exhaustive and enlightening study of investment clubs. The author gathered data from thousands of investment clubs, and personally attended innumerable investment club meetings in order to dissect out and correlate the various factors which seem to determine club investment success and failure. Fascinating was the importance of social dynamics in determining stock picking success and club styles of investment. Buy and hold clubs did better than, or with stop-loss orders. Sometimes stocks are picked not to hurt another member's feelings. Men pick 'boy stocks', women pick 'girl stocks'. Mixed gender, occupationally diverse clubs have more success than all male or all female. Some clubs are basically no more than social clubs, and they have the worst outcomes. The best clubs tend to break up more because the serious members are professionally mobile and move away. The conclusions are all based on careful statistical measures and painstaking time consuming observations. The only possible drawback, but one which did not keep me from giving it a 5 star rating, is that the writing was somewhat formal and dissertation-like, which one would not have expected from the come-on cover, which implied an "Investment Clubs for Dummies" interior. But, the data deserved the writing style; well worth reading and learning from for those in investment clubs, and those contemplating joining or forming one.

No comments about Investment Club Operations Handbook (Bettern Investing Educational Series).

5 comments about Investment Clubs: How to Start and Run One the Motley Fool Way.

1. My friends and I at my work place were interested in starting an investment club but we were not sure how to do it until one of the women said: "Aha, Motley Fool has put out a book about it!" So, we ordered the books, highlighted everything, and got excited about starting a club. And we did it all because of this book.



2. My sister and I were looking for info on starting an investment club for our family and we turned to the Motley Fool book. It was great for everyone in our family as we are all novices to the investing game. It was easy to read and everybody got through it before our first meeting. A big, big help!!!!



3. I have read both Starting and Running a Profitable Investment Club: The Official Guide from the National Association of Investment Clubs and The Investment Club Book in addition to this book.

   While the other two books are very thorough and very well done, this one is the easist to read and understand.

   I recommend all new Investment Club members to try this book.




4. My friends and I (all women) just recently started an investment club and this book was just great. It provided useful forms, guidelines and warnings on how to setup your club and who should be in your club. A lot seems like common sense and lot isn't. We took this book with it's nice forms, etc. and ran with it. Today we have a bonafide investment club, filed our taxes and have been making investments that make us happy (not necessarily rich).

   Like some of the others I bought other investment club books but you really don't need them. This one will do just as well and it's entertaining to boot.




5. In starting an investment club it's important that everyone involved has a good idea of what to expect from a club. In signing agreements and feeling as though you are going to be bound to a group for a long term endeavour, this book helps to ease the anxiety that goes along with the club forming experience.

   As with any other Motley Fool book this one has a reasonable balance of good, clear concise information, and foolish humor.

   As a primer for beginners, this book is the best I've seen. It has lots of samples of forms and the agreements and by-laws. It is written at a level that any investor should understand what is going on.

   I highly recommend this book to anyone interested in starting an investment club.

No comments about Starting and Running an Investment Club: Recipes for Success.

No comments about Welcome to The Alotian Club: Warren Stephens opens the gates for a tour of his golfing estate.: An article from: Arkansas Business.

2 comments about Starting and Running a Profitable Investment Club.

1. Book is helpful - used while actually starting a SOCIALLY RESPONSIBLE INVESTMENT CLUB out of my church.



2. Starting and Running a Profitable Investment Club
   
   The book was in near perfect condition! Arrived promptly.

2 comments about The Beardstown Ladies' Little Book of Investment Wisdom.

1. Irrelevant one-liners and drawings from a bunch of underperforming pseudoinvestors with a superiority complex, written in a condescending grandmotherly tone. It was hard to keep a straight face while reading it. Save the wear and tear on your nerves by not reading this book. I didn't buy it, neither should you.



2. Well, here is your polar oposite view of the other comment on this book. I found it wonderful! These are not Wall Street MBA's giving you advise. These are everyday people trying to figure out how to invest their money. Over time, the Ladies have done pretty well! If you find them a bit brash, okay! A small price to pay to get their wisdom. Buy the book!

No comments about Getting Started in Investment Clubs.

5 comments about Leg the Spread: A Woman's Adventures Inside the Trillion-Dollar Boys Club of Commodities Trading.

1. I was so excited to read this book. What I thought was to be a total expose of life inside the Merc. And here was a woman who walked in, understood it all, and wrote a book about it. Although the author does a pretty good job in describing the many eccentric characters that make up the Merc trading floors, she never actually does any trading herself. She basically hangs out to pick up the local gossip. This was the most disappointing aspect of the book. I was hoping for more of an inside perspective than what the author was actually able to give. She basically admits that because she is a journalist, she knows she would be a bad trader.
   Never the less, it's entertaining reading while on the train or at the beach. The characters never bore you and most likely you have seen some of these people on the street or at the latest trendy club.



2. I worked at the CME so know many of the anecdotes that she reproduces here, and know them to be fairy tales. I recognize some of the characters (names have been changed). The fact that this book is such a bitter tale from an obviously disgruntled employee is less annoying than the fact that the writing is so bad. Don't waste your hard earned money.



3. I never thought I'd be interested in commodities trading, but Leg the Spread really brought me into this crazy, high-stakes world that I knew nothing about, but found absolutely fascinating. Lynn is a very gifted writer, and her book opened a window into a whole new world for me. If you liked "Liar's Poker" you'll really like this book!



4. I picked up this book expecting a good read; perhaps I expected too much, as what I found was nothing more than low-quality "chick lit." This book is a gross misrepresentation of what life is like on the floor; and this is coming from someone who has spent plenty of time there and knows several people who have been down on the floor for far more. I wouldn't bother with it unless you want to read an extremely glorified version of what a trading floor is like.



5. I've been a clerk on the floor of the CBOT for over 10 years, I work for one of the brokers Lynn interviewed, and a lot of what she describes does go on down there,( I had a corn spreader reach up my skirt & grab me the first week I was there). I just don't find her very believable. She was a "clerk" at the Merc for 2 years and it seems she never really did any real work. How can she talk about how intense and stressful and sometimes horrible it can be if all she did was walk around and interview people? Does she think that because a few morons made nasty comments to her that she knows what it's like? I have a hard time with people who think that because they were down there for a whole five minutes, they know how everything is. I've worked very hard to get where I am and it's insulting that someone who never put her heart into this job can write a book and somehow people believe her.