Presents guidelines on how to invest successfully by becoming a "prudent speculator, " explaining the role of psychology in risk taking while covering such topics as spotting an undervalued stock and knowing when to sell.

Standard & Poor's chief investment strategist of equity research draws on nearly forty years' worth of data to provide individual investors with easy-to-follow, step-by-step guidance on how to take full advantage of sound investment strategies.

"A timely guide to making the best investment strategies even better with the Zacks stock ranking systemA wide variety of strategies have been identified over the years, which purportedly outperform the stock market. Some of these include buying undervalued stocks while others rely on technical analysis techniques. It's fair to say no one method is fool proof and most go through both up and down periods. The challenge for an investor is picking the...