Preview. Written from general knowledge to guide your reading. It's replaced by full study notes once you record this chapter.
What to listen for
- What the enterprising investor should avoid: second-grade bonds and preferreds, foreign government bonds and new issues (IPOs).
- IPOs are sold when sellers think the timing is best for them, not for you.
- Listen for the idea that above-average results come from avoiding mistakes as much as from brilliant picks.
- Zweig's IPO and dot-com examples.
Record this chapter
Read it (and Zweig's commentary) aloud, or record your own takeaways afterwards. Then upload the file as ch06.m4a (or ch06-part2.m4a, ch06-commentary.m4a, ch06.txt) to your private ruleone-library repo.