Buying a cyclical (company) after several years of record earnings and when the P/E ratio has hit a low point is a proven method for losing half of your money in a short period of time. –Peter Lynch, Beating the Street
Link right below for the book
Now in the books folder within the VALUE VAULT. Thanks to a gracious contributor.
Readers discussed the importance of this work: http://wp.me/p1PgpH-13O.
For those who wish a supplement to Porter’s Five Forces: Five forces industry analysis
Will a careful reading help save me from another Nokia? Let’s pray.