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The Dick Davis Dividend: Straight Talk on Making Money from 40 Years on Wall Street ReviewWhether you are an experienced or inexperienced investor this book will help you understand the limitations of the so-called market experts, the news media and most importantly, your limitations. The sooner you learn these lessons; the better off you'll be for it.Don't rush through this 450 page book - Dick's lessons are best if left to sink in. Read the chapter on his personal background - it will give you a good understanding of who Dick is and how he came to obtain such useful information about investing.
This book is not for those who want to actively trade stocks or who are looking for the next great method for picking stocks. This book is for the person looking to become a better long-term investor and for the person who wants to learn how to use her mind and the media to her advantage.
Dick's discussions about the irrelevance of news, the role of the financial media, the under acknowledged role of luck and the utter unpredictability of the markets are spot on. His advice is so common sense, yet only obvious in hindsight. The wisdom in his book will likely prove to be timeless.
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