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  • Rule #1

  • The Simple Strategy for Successful Investing - in Only 15 Minutes a Week!
  • Written by: Phil Town
  • Narrated by: Marc Cashman
  • Length: 11 hrs and 29 mins
  • 4.7 out of 5 stars (82 ratings)

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Rule #1 cover art

Rule #1

Written by: Phil Town
Narrated by: Marc Cashman
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Publisher's Summary

#1 NEW YORK TIMES BESTSELLER • “The clearest and best book out there to get you on the path to riches. This one’s special!”—Jim Cramer, host of CNBC’s Mad Money

“Great tools for anyone wanting to dabble in the stock market.”—USA Today

Phil Town is a very wealthy man, but he wasn’t always. In fact, he was living on a salary of $4,000 a year when some well-timed advice launched him down a highway of investing self-education that revealed what the true “rules” are and how to make them work in one’s favor. Chief among them, of course, is Rule #1: “Don’t lose money.” 

In this updated edition to the #1 national bestseller, you’ll learn more of Phil’s fresh, think-outside-the-box rules, including:
• Don’t diversify 
• Only buy a stock when it’s on sale 
Think long term—but act short term to maximize your return 
• And most of all, beat the big investors at their own game by using the tools designed for them

As Phil demonstrates in this book, giant mutual funds can’t help but regress to the mean—and as we’ve all learned in recent years, that mean could be very disappointing indeed. Fortunately, Rule #1 takes listeners step-by-step through a do-it-yourself process, equipping even the biggest investing-phobes with the tools they need to make quantum leaps toward financial security—regardless of where the market is headed.

©2006 Phil Town (P)2006 Books on Tape

What the critics say

“Town's investment guide is manna from heaven… engaging and accessible… Town’s ability to break down that philosophy into a detailed, step-by-step program that can be understood by any reader with basic math skills is unique… will leave readers feeling empowered and ready to manage their money themselves.” Publishers Weekly (starred review)

A refreshing departure from those boring investing books… If you're tired of being shut out of how exactly the rich guys on Wall Street make money, this important book will teach you how to run with the bulls. It's priceless.” —Elizabeth MacDonald, Senior Editor at Forbes Magazine; regular, “Forbes on Fox”"]

Rule #1 is probably one of the most inclusive, no nonsense, fundamental books about investing in the stock market I’ve ever read. This book is a must-read for everyone; from beginner students of the market to super know-it-alls.” —Danielle Hughes, President and CEO, Divine Capital Markets LLC

What listeners say about Rule #1

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Well Written, well read

Reiterated concepts, clear thinking and defined explanations make this book a must read if you're looking to try out the market. Very entertaining as well!

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read this before you buy

I have been to the workshop this book is based on, it's excellent.

I prefer audio books and have the paper book of this too. The audio book is good but you need to see the charts side by side to appreciate the information that is being said.

I wanted a refresher on option trading the he through in to the Toronto workshop but he does not get into it in this book.

overall: if you are looking to get this to get through it commuting it's a good choice. however, you need to see the charts (so if you are only getting this audio book just get the real thing instead).

It's good 👍

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Buy the print version

This is the kind of book that needs to be read with a physical book, not just listened to in audio form. The material is great but there is a lot of jargon and numbers that need to be seen to be understood.

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J'ai adoré ce livre

C'est un livre qui entre en détails les choses dites à propos du même livre original de l'auteur. C'est le même nom, mais je le recommande.

J'ai acheté celui fait par l'auteur et ensuite celui-ci.

C'est beaucoup plus complet et beaucoup plus détaillé.

Finalement, investir soi-même, c'est vraiment pas sorcier. Ce livre complète aussi les vidéos que l'auteur fait et envoie sur YouTube.

J'ai vraiment aimé ce livre et je trouve que c'est bien de trouver sa façon d'investir. Il y en a tellement.

Ce livre vous met sur la bonne voie et vous dit comment améliorer vos investissements. Aussi le langage est vraiment pour n'importe qui commence à investir. Il y a des termes. Mais c'est vraiment clair et extrêmement bien expliqué.

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Solid market fundamentals

Provided is actual action steps you can take in order to increase your financial education.

Make sure to actually make notes of the process so you can do the process yourself.

I have had some success in stock investing in the past, but to get myself to the next level, I feel I need a teacher like Phil Town.

This book is more than 15 years “out of date” but the fundamentals are timeless.

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dont waste your time

rule number one is rip off something someone smarter than you says and repeat it 983 times

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