The Motley Fool's Rule Breakers, Rule Makers

The Foolish Guide to Picking Stocks

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THE NEW YORK TIMES BESTSELLER
From the bestselling authors of The Motley Fool Investment Guide and its successful, savvy prequel, The Motley Fool's You Have More Than You Think, here's an engaging, humorous, and practical stock-picking guide, packed with Foolish insights, that caps off this invaluable personal finance trilogy from David and Tom Gardner.
The Motley Fool's Rule Breakers, Rule Makers presents the sophisticated, yet easy-to-understand stock-picking methods that have kept the Motley Fool portfolio beating the Standard & Poor's averages by more than 30 percent. The key is investing in small start-up companies that have historically offered the greatest investment returns (the "rule breakers") as well as huge companies that maintain legal monopolies in their fields (the "rule makers"). The Gardner brothers explain
* How to identify the best investments in today's public markets: the rule breakers and the rule makers
* The definition of a "tweener" -- a maturing rule breaker -- and how to detect the Tweener Death Rattle
* When to buy and when to sell, and how to manage your portfolio on a regular basis

In their first two books, the Fools got you started in investing and freed you from the fees and worries that Wall Street's Wise Men have been imposing on investors for decades. Now, by sharing their methods for picking rule breakers and rule makers, they guide you through a stock market that has seen company valuations soar to unprecedented heights and that promises to continue providing roller-coaster thrills. The Motley Fools are the ultimate companions to bring along for a safe, fun, and profitable ride.
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Book details:
  • Touchstone | 
  • 336 pages | 
  • ISBN 9780684857176 | 
  • January 2000
$13.00 List Price
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Chapter 1


Rule Breakers Introduction: Evolution


I say the earth did shake when I was born.


-- William Shakespeare, Henry IV, Part 1 (III, i)


As Charles Darwin did before him, the celebrated Harvard paleontologist Stephen Jay Gould has made much ado -- has filled whole books, actually -- about one of our society's common misconceptions regarding evolutionary theory. Namely, that many of us fallaciously view evolution as a process of continual improvement, as if our species -- all species, in fact -- were following a constant upward progression from less complex to more complex,...

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