Value investing, in my opinion, is the most logical way of investing. This investment style is very simple to understand yet so few investors and professional money managers follow it. Value investing boils down to these principles:

* Buy stocks when they are on sale
* Know the value to determine if the stock is on sale
* Invest long-term because it's a marathon, not a sprint

The authors did an excellent job of describing this style of investing to readers. Some of the most successful investors, such as Warren Buffett, practiced value investing for decades. If it worked for them, it should at least be considered by other investors.

- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market

This book was an easy read that introduced the concepts of value investing very well. It will open up a lot of possibilities for those who take notes. If the reader does not know a single thing about stocks this book will have some concepts that will take some time and practice before fully understanding them. That is why I would recommend getting another book that defines stock market terms and concepts in a beginner's format in conjunction with this one. There are some websites online, such as ABOUT.COM that offers a helpful "class" on stocks that will be most beneficial.

I thought this was an outstanding book for the beginner investor to help them establish good trading habits early on, but will leave them wanting more. To become truly successful at trading, more care and education will be necessary. In no way was this a magic book of knowledge that will leave the reader capable of making millions overnight, which, by the way, isn't what this book is about.

This book is HIGHLY recommended for the beginner investor, and recommended for the intermediate investor.