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Since I’m sitting here while they drip toxic chemicals through my veins, I’m been reading some more of Phil Town’s book, “Rule #1”. It’s about investing.
I just finished the chapter of how to figure out how much a company is worth and what you should pay for. He also tells about when to sell you stock. I’m pleased with that. Most stock books tell you when to buy, but rarely tell you went to sell.
So far his technique for determining the true value of a company seems to be pretty good. I can’t find anything that I disagree on.
He also says that he may sell a stock and then buy it back again later. That too I take as a good sign. So far I’ve not found too much to disagree with. It’s still on my recommended reading list.
Posted by The Vorlon at April 19, 2006 12:52 PM