Learn to Earn: A Beginner's Guide to the Basics of Investing and Business
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Learn to Earn: A Beginner's Guide to the Basics of Investing and Business Audible Audiobook – Abridged

4.6 4.6 out of 5 stars 2,696 ratings

Many investors, including some with substantial portfolios, have only the sketchiest idea of how the stock market works. The reason, say Lynch and Rothchild, is that the basics of investing aren't taught in school. At a time when individuals have to make important decisions about saving for college and 401(k) retirement funds, this failure to provide a basic education in investing can have tragic consequences.

For those who know what to look for, investment opportunities are everywhere. The average high school student is familiar with Nike, Reebok, McDonald's, the Gap, and the Body Shop. Nearly every teenager in America drinks Coke or Pepsi, but only a very few own shares in either company or even understand how to buy them. Every student studies American history, but few realize that our country was settled by European colonists financed by public companies in England and Holland, and the basic principles behind public companies haven't changed in more than 300 years.

In Learn to Earn, Lynch and Rothchild explain in a style accessible to anyone how to read a stock table in the daily newspaper, how to understand a company's annual report, and why everyone should pay attention to the stock market. They explain not only how to invest, but also how to think like an investor.

Product details

Listening Length 1 hour and 38 minutes
Author Peter Lynch, John Rothchild
Narrator Peter Lynch
Audible.com Release Date July 14, 2006
Publisher Simon & Schuster Audio
Program Type Audiobook
Version Abridged
Language English
ASIN B000GY747M
Best Sellers Rank #26,815 in Audible Books & Originals (See Top 100 in Audible Books & Originals)
#133 in Investing & Trading
#249 in Personal Finance (Audible Books & Originals)
#310 in Introduction to Investing

Customer reviews

4.6 out of 5 stars
4.6 out of 5
2,696 global ratings

Top reviews from the United States

Reviewed in the United States on February 19, 2024
The advice in this book really holds up. It gives you a great mix of history, practical advice, and motivation. You'll feel a lot better about yourself financially if you read this book.
Reviewed in the United States on March 12, 2023
If you know nothing about investing and business, this is the book for you. I will be giving copies of this book to my children when they're 12 or so. It will make a great gift to any young person or teenager.

If you know a little about investing and business, this is the book for you. You'll love the entertaining history lessons about our capital markets and how they have worked over the years. You'll also gain insights into how businesses work, and what differentiates the ones that are successful from those that are not.

If you're an advanced investor with millions of dollars and lots of degrees, this is the book for you. You will be reminded of how we got to where we are today, how important investing is for our economy and future, and benefit from a refresher on the most basic, yet important, fundamentals of business and investing. You'll also learn great techniques for teaching those whom you mentor.

If this book were read in middle schools and high schools, what a difference it would make.
4 people found this helpful
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Reviewed in the United States on February 17, 2012
I bought this book because I wanted to learn how to invest. My parents, grandparents or anyone in my family for that matter have NEVER invested. Therefore I am starting at square one. I wanted to learn investing at a basic starter level. All I can say is this book was EXACTLY what I was looking for. Although it is a bit outdated (1995), it taught me all the basics I needed to know. It was a great book to gain knowledge on investing. Now I feel comfortable knowing all the different ways to invest. I just purchased "One Up On Wall Street" can't wait to gain more knowledge!
4 people found this helpful
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Reviewed in the United States on August 24, 2006
This is a great book to understand the basics of investments.

Unlike a TV set where you could buy it and least care how it works as long as you know how to work on with the remote control. Stock investing is a different venture, the fundamentals of economics need to be there. One must know what does P/E mean, net cash flow, P/S ratio, forward eps estimate.

Why the penultimate year before the elections for bull market. Without fundamentals its hard to succeed in investing. Good foundation of terminlogies along with discipline and evaluating one own traits in stock investment makes one confident and a sure winner in the long run. Wall street is the same has been 100 years back there has been bulls and bear session, usually bear sessions have outpaced the bull session. But if one has picked the right stock and waits through the bear session when the bull session is around he is likely to make the maximum return. If one makes 10% return on a year to year basis one is a successful investor. All the eye catchers in newspapers and magazines with >100% return are seldom reptative. If inflation is around 3% and one makes 7% profit per year, with compounding affects anyone can become a wealthy person in the long run. Ofcourse, the real joy is to do your own research and invest and trade wisely. And with time one only excels.
3 people found this helpful
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Reviewed in the United States on January 18, 2005
O.k., o.k. so maybe it's not all that simple but I actually meant that in a good way -- I'm the type of guy that would rather understand and retain 100% of a simple book than only 10-50% of a more byzantine treatise. And that's what this book allowed me to do. I am a smart guy who reads and knows a lot about entrepreneurship, building companies, and real estate investing, but I never bothered to learn about the basics of the stock market... it always seemed so... foreign to me. This book got me over that hump... Peter Lynch did a phenomenal job of starting from the basics of yesteryear and building up to the stock market of today -- or sort of today... I think the book was written in the pre-intenet era so some of the info is a bit out-dated.

Excellent book for a beginner who wants to build a strong foundation of understanding of the stock market. It would make a great gift for a child, teenager, or young person who's intelligent and curious but for whatever reason uninformed about how the stock market works and how they can benefit from its existence.
16 people found this helpful
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Reviewed in the United States on April 3, 1999
This book is clearly geared towards young readers, not adults who are looking at investing seriously for the first time.
If your teenaged child is open to it, why not do precisely what this book suggests -- the two of you could join an investment club and learn about investing together. You could buy stock as custodian for your child each time the club meets. If you attend the meetings together it will rapidly teach your child the wisdom of saving and investing.
This book is marginally useful for adults. I bought 2 copies with the intention of giving one to my elder daughter and learning a bit about investing myself from the second. My 401K plan is doing so well I would like to start investing on my own.
There is too much history for adults looking to start investing. It ought to be replaced with more how-to advice -- such as how to read a balance sheet. There is an appendix chapter on this, but it could be greatly expanded.
The book could use updating on internet resources of use to investors. For example, I'd like to find software that will help me manage and track stock picks as I begin the training part which is so important to successful investing. Andrew Tobias' Managing Your Money used to have an excellent stock portfolio manager. I'd love to see something like this again which can automatically update portfolios with closing prices. I'm sure there is software out there -- but the book doesn't point out good software titles!
In short, this 5-year old book is a useful introduction geared for young readers. Adults already interested in investing can check it for useful advice. It badly needs updating to reflect investing now in the last year of the decade. Perhaps revisions could be posted to the web in addition to selling a revised print version.
78 people found this helpful
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Top reviews from other countries

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Marion C
5.0 out of 5 stars Parfait pour débuter dans l'investissement!
Reviewed in France on January 23, 2024
La structure du livre, les exemples pratiques et les conseils utiles en font une ressource inestimable pour ceux qui veulent débuter dans le monde de l'investissement. Recommandé pour sa simplicité et son efficacité.
Aditya Kumar Singh
5.0 out of 5 stars Good Book
Reviewed in India on January 17, 2024
The book is a good one but having read it after reading One Up On Wall Street from the same author, I found this book somewhat less value adding than what I had expected. The book presents the history of stock market, types of companies, the different stages in its lifecycle and the heroes that helped make a company big from nowhere through numerous examples.
The book is very informative and a must read but if I had to select between One Up on Wall Street and This one, I would prefer the former.
2 people found this helpful
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LFJ
5.0 out of 5 stars Very good
Reviewed in Sweden on January 11, 2024
It helps a lot in understanding the stock market!
Király Andrea
5.0 out of 5 stars book
Reviewed in Germany on August 15, 2023
good
Debra Lawson
5.0 out of 5 stars A Masterclass!
Reviewed in the United Kingdom on April 23, 2022
OMG! This book is amazing! I’ve been investing in shares now for two years. I only wish someone had directed me to read this book at the outset.
I have learnt so much, and now understand all the terminology! The final chapter helped everything fall into place - I now know and understand how to read and make sense of a balance sheet! Wahoo!
Thank you Peter Lynch & John Rothchild; you are amazing gurus for the ordinary investor to turn to, in what can be a minefield! I know that my money and my earnings are in safe hands through your guidance and advice! Thank you soooo much!
This book is a ‘must buy!’
Kind regards,
Steve