Actio! A Guide to Successful Investing for Beginners and Beyond

Any person can become an owner of Marvel Comics, General Motors, Coca-Cola, or another public company, even without asking for permission from the directors. It is enough to buy shares to gain part of its capital. Every time someone acquires another comic book, a new kettle, or a bottle of soda, you will own a small portion of the profit. Investments allow companies to grow and thrive, which, in turn, affects the standard of living and the wealth of the entire country.
In the book «Actio! A Guide to Successful Investing for Beginners and Beyond», legendary mutual fund manager Peter Lynch and writer John Rothchild explain how the stock market impacts our daily lives and how to increase your capital through investments. The authors describe the history of capitalism and explain the basics of investing: from the principles of stock and broker selection to decoding balance sheets. Lynch and Rothchild thoroughly examine the advantages and disadvantages of the main investment instruments — savings accounts, collecting, real estate, stocks, and bonds. Additionally, a separate chapter of the book is dedicated to the stages of the corporate life cycle: the authors explain the differences between young, old, and dying enterprises and how to handle the stocks of each.