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How to Make Money in Stocks by William O'Neil Book Summary and Review | Free Audiobook


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Show notes | PDF & Infographic | Free Audiobook | How to Make Money in Stocks has sold over 2 million copies worldwide. O'Neil's CAN SLIM Investing system makes it easy for investors to pick good stocks. He also shares tips to help budding investors to choose the best mutual funds and ETFs.

🇩🇪 German

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DISCLAIMER: This is not financial advice.


Key figures and topics:


Investing, Stocks, Technical Analysis, Earnings, Market Strategy, New York Stock Exchange, William O'Neil, William J. O'Neil & Co., Investor's Business Daily, How to Make Money in Stocks, story shorts, A Winning System in Good Times and Bad, New products and innovation, technical analysis, institutional investors, Stock investing strategies, Investment Discipline, Stock Market Trends, fundamental analysis, Earnings Growth, supply and demand


This book summary discusses the 'CAN SLIM' strategy created by William O'Neil for picking quality stocks and making money in the stock market. The acronym represents factors like current earnings growth, new products or management, supply and demand, institutional sponsorship, and market direction. The emphasis is on learning to read stock charts, analyzing technical indicators, and identifying patterns to determine good entry and exit points.


The strategy advises investors to look for stocks with significant earnings growth, new circumstances benefiting the company, high trading volume indicating demand, industry leadership, institutional investor backing, and an overall favorable market direction. It also stresses cutting losses quickly on underperforming stocks while holding on to winners.


The key principles highlighted are fundamental analysis using metrics like earnings per share and return on equity, technical analysis based on price charts and patterns, understanding supply-demand dynamics, and being aware of the broader market trend. The goal is to provide an easy-to-follow system for new investors to pick potentially profitable stocks.


Key takeaways:


Learn to read and analyze stock charts to identify price patterns, trends and potential buy/sell signals.


Focus on stocks with strong earnings growth, new products or management, high trading volume and institutional backing.


Use the CAN SLIM approach to systematically evaluate stocks on key metrics like earnings, innovation, supply/demand, leadership and market direction.


Cut losses quickly on underperforming stocks but let winners run by holding them.


Be aware of the overall market direction and don't fight the broader trend.


Rely on both fundamental analysis of financial metrics and technical analysis of charts and patterns.


Invest in industry-leading stocks that are benefiting from favorable circumstances.


Monitor institutional investor participation as a positive signal of a stock's potential.



(00:37) Introduction

(01:18) William O'Neil's Background

(03:24) CAN SLIM Strategy Explained

(06:13) Key Factors in Quality Stocks

(09:35) Conclusion and Further Resources on How to Make Money in Stocks book


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