The Brainwashing of the American Investor - More Book Reviews Volume 1

Dynamite book! It's about time someone told the truth about the Wall Street casinos!

I knew as soon as I read your note, ”A profit is a terrible thing to waste,” that I was going to like what you have to say... your book has given me new market insight. [It] brought it all together in a way that really makes sense from a risk point of view. I have slowly started to add stocks based on your philosophy. (John B, Florida, 06/03/06)

"No other book has done a better job at putting investors on notice that there are blood-thirsty sharks on Wall Street. Featuring one of those sharks dressed up in business attire, the cover picture alone is worth the money, not to mention all the practical techniques discussed within.

We are already incorporating some of Steven's methods into our Graham-Buffett Value Investing Workshops."
- (Brian Zen, CFA, PhD, Chief Investment Counsel, Zenway.com Research, 08/10/05)

I have read your web site and recently read your book. I enjoyed your perspectives and found it especially useful in navigating the financial advice industry. (J F, Michigan) 10/05)

I bought your e-book and I it's one of the best, most informative books on stock trading I've read. The rules you give are SO contradictory... a huge help. As I started reading I thought "this would only work in a bull market" until I realized you wrote it in the middle of the last bear market! Thanks for writing such a fine book. I certainly intend to profit from it. (G M, Melbourne, Australia, 10/05)

I currently do fee only investment management. The working capital model looks to be my answer. Looking forward to great gains. (J B, CFP, 03/06)

I've been reading your book and have gone though it twice now. The part that hit me the most was the idea of buying stocks as products and putting them on the shelves to resell later at a higher price. I've always been good at getting a bargain except in stocks. That one idea is going to help me greatly. (Gary M, 03/06)

I have read your book several times and find something new each time I read it. (Terry M, 03/06)

I really enjoyed the book and now listen to every financial seminar and financial talk radio show with a better trained ear. I have also dumped some junk from my portfolio...(L R, Portland, OR, 08/28/05)

"I have finished reading the book and have started reading it over again. I am filled with a sense of astonishment at the simplicity of the program. I had no problems following the equity side of the equation. I have read your fixed income stuff on your website and I am feeling better about it... just reading the book gives me a sense of peace. Once again, Steve, I thank you very much for your book." (Eric T, NM 08/23/05)

... BTW, I find CNBC and the financial pages on the Internet pretty much of a waste of time now, having read your book and chat board ... I used to spend hours and hours on that stuff ... now I see how worthless it is (actually it's kind of funny to listen to them now) ... thanks for enlightening me ... (D F, IL, 08/09/05)

Thank you for your book. I'm one of the investment people you refer to (insurance and mutual funds only) and for the most part we're in agreement. I'm looking to you for insight into a side of Wall Street I know little about and you haven't let me down. Your comments on variable annuities are accurate...I stopped selling them years ago. It's all smoke and mirrors. You mention Money in Motion, quality-diversification-income. Boy are you right on target! (J B, NH, 03/05)

As I said when I called, I have have enjoyed several profitable trades using your system in a very short time. The [radio show] host's attribution of "somewhat satisfied" to me was entirely incorrect. I am in fact extremely satisfied with your approach. It seems to me to be the clearest way to make money in the market and keep it. Your methods present a sane, lifetime approach to trading that I only wish I had found 20 years ago. (M L, MA, 11/28/04)

I'm enjoying your book immensely, it will become my bible, I'm sure. Thanks. (George, MA, 08/23/04)

I read your book "The Brainwashing of the American Investor" and found your insight, candor, and detailed investment strategies incredibly engaging. Coming from a marketing division of one of the biggest mutual fund companies in the country, I can relate first-hand to many of the issues you raise. Thanks for your insight! (M R, 06/23/04)

Thank you, thank you, for taking the time to share your wisdom and experience with us (the lay investors). I have signed up for Merritt Information Strategies stock selection spreadsheet... (C N, Nipomo, CA, 08/04)