Product Description

Profit from Your Unique Advantages as a Small Investor--Speed and Flexibility! "The book you are holding is, hands-down, one of the most original and insightful books I have ever read when it comes to teaching you, the individual investor, not only why you have the ability to beat the Whales of Wall Street, but also how you can do it." --from the foreword by James J. Cramer, CNBC's Mad Money and TheStreet.com "Even investors who concentrate on fundamentals can benefit from Jim DePorre's Shark approach to investing. At the very least they will know why, for a time, they can get the facts right but the stock wrong." --Herb Greenberg, senior columnist, MarketWatch.com "There are very few traders who have RevShark's intuitive feel for the market. I especially appreciate Rev's unique ability to recognize and utilize the distinct advantages of being a smaller, individual investor versus the less agile large institutions." --Barry Ritholtz, Chief Investment Officer, Ritholtz Capital Partners As an individual investor, you can swim circles around the "whales" of Wall Street!by investing like a shark!In this book, James "RevShark" DePorre reveals how to maximize your powerful and unique advantages as a small investor: speed and flexibility. You'll develop a completely new way of looking at the stock market, learn when to attack, how to move aggressively, how to stay flexible!and when to swim away in the face of danger. You'll learn why "buy and hold" is today's riskiest strategy!and exactly what to do instead. In short, you'll learn the same disciplined investment techniques that helped DePorre build a tiny nest egg into a huge fortune and transformed his life. If you read TheStreet.com, RealMoney.com, or SharkInvesting.com, you already know DePorre and his inspiring personal story of how he lost his hearing, career, and marriage!turned to online investing out of desperation!and succeeded beyond his wildest dreams. Now, in this fast-paced, insightful, and entertaining book, DePorre shows how you can do it, too. How to invest like a shark!* Stay in motion, trolling for your "next meal" Stalk your prey patiently, relentlessly, and without emotion*Move fast when there's blood in the water Know when to strike*Know when to swim away Sell when you sense danger*Feed on the frenzied crowd Profit from others' fear, despair, stupidity, and greed*Use all your unique advantages and strengths Leverage small caps, technical analysis, and the tremendous power of cash*Invest with the shark's attitude Be active, adaptive--and control your own destiny

Product Details

• Amazon Sales Rank: #200546 in Books
• Published on: 2007-10-18
• Original language: English
• Number of items: 1
• Binding: Hardcover
• 240 pages

Features

• ISBN13: 9780132213080
• Condition: NEW
• Notes: Brand New from Publisher. No Remainder Mark.
• Click here to view our Condition Guide and Shipping Prices

From Publishers Weekly
DePorre, noted stock market investor and writer for TheStreet.com and RealMoney.com, offers advice to small investors. The key to maximizing assets, he says, is shark investing—protecting capital while aggressively pursuing profits. Small investors' quickness and flexibility is a powerful advantage that they should exploit. But most small investors are passive, DePorre claims, holding investments for long-term gains, although this conventional investment wisdom results in only mediocre returns and carries the risk of greater loss. Maintaining the shark analogy, he tackles topics such as the myths of Wall Street, understanding market dynamics, portfolio management and how to put everything together, offering cogent, practical advice. Graphs and charts illustrate key points, in addition to a useful glossary. But the shark theme gets old quickly and makes otherwise sound advice appear gimmicky. However, for first-timers planning to enter the market or those hoping to improve their results, DePorre's advice will be a welcome guide. (Nov.)
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.

Review
As seen on Fox Business News, Fox Business Network's "Happy Hour" and TheStreet.com TV with Jim Cramer.

From the Back Cover

Profit from Your Unique Advantages as a Small Investor--Speed and Flexibility!

“The book you are holding is, hands-down, one of the most original and insightful books I have ever read when it comes to teaching you, the individual investor, not only why you have the ability to beat the Whales of Wall Street, but also how you can do it.”

--from the foreword by James J. Cramer, CNBC’s Mad Money and TheStreet.com

“Even investors who concentrate on fundamentals can benefit from Jim DePorre’s Shark approach to investing. At the very least they will know why, for a time, they can get the facts right but the stock wrong.”

--Herb Greenberg, senior columnist, MarketWatch.com

“There are very few traders who have RevShark’s intuitive feel for the market. I especially appreciate Rev’s unique ability to recognize and utilize the distinct advantages of being a smaller, individual investor versus the less agile large institutions.”

--Barry Ritholtz, Chief Investment Officer, Ritholtz Capital Partners

As an individual investor, you can swim circles around the “whales” of Wall Street…by investing like a shark! In this book, James “RevShark” DePorre reveals how to maximize your powerful and unique advantages as a small investor: speed and flexibility. You’ll develop a completely new way of looking at the stock market, learn when to attack, how to move aggressively, how to stay flexible…and when to swim away in the face of danger. You’ll learn why “buy and hold” is today’s riskiest strategy…and exactly what to do instead. In short, you’ll learn the same disciplined investment techniques that helped DePorre build a tiny nest egg into a huge fortune and transformed his life.

If you read TheStreet.com, RealMoney.com, or SharkInvesting.com, you already know DePorre and his inspiring personal story of how he lost his hearing, career, and marriage…turned to online investing out of desperation…and succeeded beyond his wildest dreams. Now, in this fast-paced, insightful, and entertaining book, DePorre shows how you can do it, too.

How to invest like a shark…

• Stay in motion, trolling for your “next meal”
  Stalk your prey patiently, relentlessly, and without emotion
• Move fast when there’s blood in the water
  Know when to strike
• Know when to swim away
  Sell when you sense danger
• Feed on the frenzied crowd
  Profit from others’ fear, despair, stupidity, and greed
• Use all your unique advantages and strengths
  Leverage small caps, technical analysis, and the tremendous power of cash
• Invest with the shark’s attitude
  Be active, adaptive--and control your own destiny

Customer Reviews

OK for Beginning Traders, Not Much New for Veteran Traders
I read this book hoping for some insight to some of the specific trading strategies RevShark uses, as I have read his website and newsletter periodically throughout the past few years and find myself usually enjoying and agreeing with his market insights. I was a little disappointed in that regard. If you are an investor just starting out, then the book will help you understand that much of what you see on CNBC and read in magazines like "Money" and "Kiplinger" will not help you become a successful investor. Buy and hold is dead, and this book explains why. But for an experienced trader, there is very little here. There were no specific trading strategies, just a summary of some basic ideas from technical analysis and chart reading. There was also a chapter on investor psychology, but again, nothing that has not been discussed in many other books. I was expecting more.

If you are a new investor, may I suggest that you instead get "How to Make Money in Stocks" by William O'Neil. The ideas in the two books are very similar, but explained much better in O'Neil's book.

Nice story, general advice, but very little *usable* information
This book disappointed me.
The story of man-with-hardships-does-well is nice. The title hints at the reader getting advice on how to also do well - and does not deliver.

The title would have been more descriptive if the "invest like a shark" and "How" parts were removed, and it was just titled "A Deaf Guy with No Job and Limited Capital Made a Fortune Investing in the Stock Market"
(and now wants additional income from selling the story)

You get generally good-sounding advice ("invest when the odds are in your favor") but no way how to know *when* the odds are in your favor, or advice to "use charting to know when the large-movers (Banks, funds, etc.) are buying in and then join them" - but no real advice what chart signals will tell you this, or will tell you if they are still buying, or you are too late.

There is a lot of text about how Sharks are successful, and advice to be like them - fast, aggressive, etc. etc. - but no real advice what this means in practice.

At the end of the day, you get almost no advice you can use and apply,

The only two pieces of advice I found useful here are also commonly given (for free) in every other books and web-site:
- Cut you losses and do not wait for the stock to rebound
- Use a defined set of rules to decide when to buy/sell, and not gut-feel so emotions will trip you up less.

I would not recommend it to anyone looking for how to trade, Novice or Experienced, maybe only to people interested in the biography of successful traders.

Theerfore, I have to say it is not worth the price, and you are better off looking for it in a library - or spending your time and money on something more useful.

A refreshing introduction to an unorthodox style of investing
James "Rev Shark" Deporre has been well known for many years for teaching an investing style that goes against the grain of traditional Wall Street wisdom. Shark investing means moving quickly and aggressively, and fleeing at the first sign of danger. Now, in this book, Mr. Deporre provides an excellent introduction to his methodology and preaches against the buy and hold mentality that is ingrained in so many. I am not a subscriber to the Rev Shark's website, but I do include his column among my regular reading on Realmoney. I found this book to be very insightful, and found many things that rang true with me and caused me to stop and consider how I've been handling my own investing.

I believe this book should be taken as an introduction to DePorre's style of investing--nothing more. It is true that the subject matter is light and that the book does not go into a great deal of depth, but that does not mean it is just another superficial look at trading. The Rev Shark brings a unique approach to investing and his perspective is refreshing. In the midst of a sea of brokers, pundits, advisors, and analysts who constantly preach a buy and hold methodology and seem to think that every small investor has to mirror a mutual fund to be successful, it's nice to hear from someone who believes the little guy can make it on his own without going head to head with the 'Wall Street Whales.'

In short, you won't find in depth lessons on charting here in the book, nor does DePorre provide a spoon fed methodology to picking stocks. What he does offer, however, is some great advice that, if heeded, can help the average investor use the fact that he or she is investing with limited capital to their advantage, rather than allow it to be a handicap. In fact, most of what DePorre says is relatively common sense, but it rings with such a sense of truth that it's worth taking note of. He labels it 'shark investing' not as a cute analogy but rather as a means of defining how the little guy needs to invest if he wants to survive. Be aggressive when the time is right, gorge yourself when profits are available (don't be timid when things are going in your favor), and run at the first sight of danger. It's okay to sell a stock and buy it back a little higher (the Rev refers to that as the price of insurance), and no stock, no matter how much money it has made you in the past, deserves your full devotion, because any stock can turn on you in an instant.

Those looking to be handed a method of picking stocks will likely be disappointed with the Rev Shark's book, as will anyone expecting an exhaustive treatment of investing in less than 200 pages. Those willing to take it for what it is, however--an introduction to a unique approach to trading that, if applied correctly, can help you survive as a small fish in an ocean full of whales--will find this book a great addition to their investing library.