/biz/ - Business & Finance

>>13453807
Firstly, I'll try to guess what the other anon is referring to:

- Samsung stock trades only on foreign and OTC exchanges, places not usually within easy reach for new investors ("retail investors" as they call us)

- Most people that zero in on one stock or company, tend to dive deep into their books and financial statements to determine if it is a good bet.

-Secondly, it is never really determinable when and how long it could take from you buy in point for any stock to turn profit. In theory, it could tank the moment you buy and you could be stuck clutching it until it comes back up. Even if it soars the moment you buy, you're present with a nicer problem: when do I sell and get out with profit... when's the best time to jump out in the green?

----- As far as books go, you sound like you like Samsung because of what you see them doing in today's phone retail and tech space. One of the all time great investors, Peter Lynch, actually ran his record breaking funds in this style (in the 80s lul) and has long since retired and written a few, very easily digestible books on this topic. I suggest reading them, I think you'll love them. He even narrates the audiobook versions himself:

Peter Lynch:

- One Up On Wall Street (1989)
- Beating the Street (1993)
- Learn to Earn (1995)

(I read them in this order and loved em)