The Company of Successful Investors: Profit from the power of investment clubs
Author(s): Mr Terry Bond (Author)
Publisher: Financial Times/ Prentice Hall
Publication Date: 11 Dec. 2001
Language: English
Print length: 288 pages
ISBN-10: 0273656007
ISBN-13: 9780273656005
Book Description
The principle of investment clubs is simple: groups of likeminded people with some spare cash and time, form a group and pool a reasonable monthly sum which will be invested in stocks and shares. Members meet regularly to swap opinions and ideas, discuss possible investments, and then make democratic decisions about the club’s portfolio. You don’t need to have any experience of stock-picking or to understand the ins and outs of the City. All you need are friends with the courage to follow their convictions and the commitment to increase the circle of competence.
Setting up an investment club is relatively straightforward. Guiding the club to financial success and making sure all the members are involved and enjoying themselves is easy too, provided you follow the methods outlined in this book.
Terry Bond, a successful private investor who spearheaded the development of the investment club movement in Britain, has studied clubs around the world. Avoiding City jargon he explains how to organise your club to make sure it picks a portfolio of winners. By following his advice – whether you are a complete novice at investing or a seasoned veteran – you will learn and you will earn.
Peppered with timeless advice and laugh-out-loud anecdotes, The Company of Successful Investors is comprehensive and easily digestible guide to starting up a successful investment club and ensuring that it becomes a profitable experience for everyone involved
Featuring cartoons by award-winning cartoonist, Kipper Williams, The Company of Successful Investors explains how to ensure clubs are successful, profitable, and fun.
Share and share alike.
Editorial Reviews
Review
"I believe The Company of Successful Investors could become a classic as the definitive guide to forming and running an investment club." Jim Slater "The Company of Successful Investors is now part of my personal library and it will be accompanying me to meetings of the investment clubs to which I belong, just in case there are any difficult moments and the experience of a sage might help."Keith Kerr, Motoring & Leisure, April 2002 "Witty, entertaining and packed with useful information. Even if you have no interest in investment clubs, you should read it before you even think about buying another share."Business A.M., March 2002 "If you've always wanted to start an investment club with your friends, then this is a good place to start."Moneywise, May 2002
From the Back Cover
"Investment clubs are the new rock and roll."
The Times
In the last five years, the number of investment clubs in Britain has grown from 350 to 11,000. All over the nation families, friends, neighbours and work colleagues are investing together to share the effort and minimise the risk of buying stocks and shares, whilst maximising the fun and fortune.
Whether you meet in someone’s house, in the office, or down the pub, doesn’t matter. What does matter is that you pool your knowledge and experience to identify and invest in winning shares..
Peppered with timeless advice and laugh-out-loud anecdotes, The Company of Successful Investors is comprehensive and easily digestible guide to starting up a successful investment club and ensuring that it becomes a profitable experience for everyone involved.
Share and share alike.
About the Author
Terry Bond is a director of ProShare (UK) Ltd, the not-for-profit organisation responsible for guiding the development of the investment club movement in the UK. He is a leading expert on clubs and a member of three himself – he attributes much of his success as a private investor to the information he gleans from fellow members at club meetings. Terry has spent his working life in journalism, PR and marketing in various European countries. He is now a successful private investor concentrating on British and American equities. He is also Chairman of BioProjects International, a private company providing financial backing for start-up biotech companies.