Book Review: Invest Like a Shark
James DePorre, also known as “RevShark”, manages an investing site called Shark Investing. With his trading strategy, so called “Shark Investing”, he has successfully managed to outperform the market. Since inception in 2004, his portfolio managed to return 84%.
Through the book “Invest Like a Shark” he helps investors understand what his “Shark Investing” trading strategy entails. He warms up the readers by summarizing some of the Wall Street myths. He then discusses the emotional factors involved in trading that challenge all investors from making a disciplined decision. Lastly he goes into the details of “Shark Investing” and the “Ten Commandments of Shark Investing”.
Although this book is easy to read and talks good theories and concepts, I personally wanted more content out of it in depth around “Shark Investing”. For example, James lists out all of the different “sharks” and their investment styles in one of his chapters. He then talks about how you need to find out which “shark” fits you best. It was fun to read his theories on all of the different sharks out there, but I didn’t qutie understand what to do with that information thereafter. Ok, I got what “Shark” I am. Now what?
Pros: Easy to read. Helps readers learn many good concepts and strategies on investing such as volume and moving averages. Credible author.
Cons: The book didn’t help me quite differentiate how “Shark Investing” strategy differs from the normal strategies people employ to successfully trade. What truly makes “Shark Investing” so unique and successful?


22. Jun, 2009 










No comments yet... Be the first to leave a reply!