College Stock: Penny Stock News

“Howard Lindzon’s ‘The WallStrip Edge’ is an absolutely fantastic book for all Honors Students.” -The Dean

Book Review for The Wallstrip Edge by Howard Lindzon:

“You need to start thinking that there are no boundaries to what can be done by someone with an idea and a will to succeed- from any corner of the earth.” (page 185)

Howard Lindzon’s premise for The Wallstrip Edge is very simple: You Can Use Trends to Make Money. Throughout the book he explains an investment strategy that he coined as ‘trend-following’. He proposes that you can become a very successful investor if you maintain a strict focus on 3 things: (1) canceling out 100% of life’s ‘noise’ including TV, (2) constantly seeking out opportunities while maintaining a ‘glass-as-half-full’ mentality and (3) following stocks that are trading at 52-week highs.

The book is entertaining, easy to read, and is packed with mainstream references including Seinfeld in order to help every Average Joe reader understand concepts in an easy-to-grasp manner. Howard Lindzon is a very talented writer and uses the same writing style that’s helped him generate thousands of dedicated followers at his blog @ HowardLindzon.com.

He uses many of his own life experiences in The Wallstrip Edge in order to teach the concept of trend-following and he’s 100% transparent about his past & present investments—both his home-runs and embarrassing flops alike. Some of the book’s best lessons come from Howard’s failures as an investor and his openness, honesty and ability to poke fun at himself kept me very engaged as a reader.

The book covers a wide variety of topics but Howard always finds a way to relate the content back to his central theme of trend-following. The last few chapters of the book serve as Howard’s “trends to watch” and his personal insight into social networking trends have inspired me to act immediately. Why? Because in his opinion social networking (Facebook, Twitter, Youtube, etc.) is the faster-than-a-speeding-bullet train that’s leaving the station right as I type this book review.

The Wallstrip Edge is a book that every entrepreneur and investor must own. It’s a great tool that’s given me both ‘real world’ education and plenty of inspiration to act. It would have been nice to read more of Howard’s thoughts regarding his exit strategy for Wallstrip the show… especially since he emphasizes the importance of selling the trend. But considering that’s my only complaint after finishing the book I’m very pleased to have invested my time in The Wallstrip Edge by Howard Lindzon.

Key Takeaways:

(1) Shut off your TV and all other “push” content and start focusing on web-enabled content you can choose to “pull” in.

(2) Be sure to have an exit strategy in mind whenever you invest and always remember the importance of selling.

(3) The world is always flushed with opportunities- whether it’s a bull or bear market.

(4) Right now the internet is the 500 lbs. guerilla in the room and there are enormous profits waiting to be made.

(5) Anyone with an idea has the ability to change the world with the right resources and work-ethic.