Books : Beating the Dow (Revised and Updated)
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Binding: Paperback
Dewey Decimal Number: 332.6322
EAN: 9780066620473
ISBN: 0066620473
Label: Collins Business
Manufacturer: Collins Business
Number Of Items: 1
Number Of Pages: 300
Publication Date: March 15, 2000
Publisher: Collins Business
Release Date: March 22, 2000
Sales Rank: 475662
Studio: Collins Business
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Product Description:
In 1991, Michael B. O'Higgins, one of the nation's top money managers, turned the investment world upside down with an ingenious strategy, showing how all investors--from those with only $5,000 to invest to millionaires--could beat the pros 95% of the time by putting 100% of their equity investment into the high-yield, low-risk "dog" stocks of the Dow Jones Industrial Average. His formula spawned a veritable industry, including websites, mutual funds, and $20 billion worth of investments, elevating the theory to legendary status.
Reflecting on the greatest bull market of our time, this must-have investment guide has been revised and updated for a new economy. With current company and stock profiles, as well as new charts, statistics, graphs, and figures, Beating the Dow is the smart investment that you--and your portfolio--can't afford to miss
Average Rating: 
Rating: -
2nd edition (2000) with Johns Downes, 259 pages
O'Higgins' basic method for selecting out of favour stocks from the Dow Jones Industrial Average can be explained in a single sentence: list the ten stocks from the Dow with the highest dividend yield, and then select the five with the lowest share prices from these ten. Buy an equal weighting in each of them and after one year, sell and start again.
So you could be forgiven for wondering how he manages to fill a book. I found ... Read More
Rating:  -
This book simply suggests listing the 30 Dow components and then buying the lowest price stocks in the group that also has the best yield (Dividend %).You skip the lowest priced because that one probably does have issues versus being a value. You can either put your $5000 in the second to lowest priced with the best yield, or the 2nd-6th stocks, or the 2nd to 11th stocks that are the lowest priced with the best yield. He shows the back tested history of this method as delivering huge gains. It is a system ... Read More
Rating: -
O'Higgins writes nicely... and identifies with specificity one generally agreeable style of mechanical stock investing... it doesn't particularly work well recently... but it is a useful text to introduce the idea of rule-based (non-emotional) trading decision making. assumptions of money management particularly out of phase with first tier thinking.. but i like the book.
Rating:  -
"Beating The Dow" by Michael O'Higgins offers the following simple investment strategy. You simply buy the ten highest dividend paying stocks among the Dow Industrial Averages. The Philosophy is that as the value of the stocks increase, via stock price lagging or falling below the market, the dividend yield will tend to rise. (i.e. the assumption is that dividend yield is a proxy for value. One problem is that not all Dow stocks pay out the same level of earnings, so some stocks will tend to have higher dividends.)
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Rating: -
Michael O'Higgin's investing classic holds up as well in the New Millenium as it did when it first hit book stands 10 years ago.
He maintains that it is still possible to beat the DOW by buying the 10 highest yielding stocks and tweaking your holdings each year, with correspondingly greater rates of return with a two- or five-stock selection from the group. O'Higgin's admits in the new eidtion that the strategy has been muddied by a drop in the relative importance of dividends as a part of total yield of the ... Read More
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