The must-read summary of Mitch Zacks' book: "Ahead of the Market: The Zacks Method for Spotting Stocks Early – In Any Economy".
This complete summary of the ideas from Mitch Zacks' book "Ahead of the Market" shows that many investors rely on annual analyst reports, which are designed to advise which stocks to buy/ sell or hold. However, despite the fact that over $1 billion a year is put towards these reports, this summary sides with many other investors in thinking that a lot of the content is corrupt and biased in favor of the companies that fund them. This guide suggests that rather than following one report; you should combine the research compiled by a larger sample of analysts. This will teach you to identify certain patterns in what the analysts say and how their views change over time. You will then be better informed and be able to develop a better method for making smart investments. To this end, this summary offers four key analyst investment strategies to follow.
Added-value of this summary:
• Save time
• Understand the key concepts
• Increase your business knowledge
To learn more, read "Ahead of the Market" and discover how to spot winning stocks, and steer clear of untrustworthy analyst reports.