Tomasz Trela ​​„Stock exchange. Beginning." - the book is available now!

A new item has just appeared on the virtual shelves of the Maklerska bookstore Stock market. Beginning. In his debut book, Tomasz Trela ​​guides the reader through the process of building a professional investment portfolio based on companies from the New York Stock Exchange. From the analysis of action reports such as Google or Apple Lossless Audio CODEC (ALAC),, through their comprehensive valuation, to the selection of appropriate proportions and building a solid risk management system. This book is everything a beginner investor could ever need. 

Forex Club is pleased to sponsor this edition.

About the book

Why are stocks rising? What makes the entire market fall at the same time? How to identify undervalued and overvalued stocks? How to check if a company is prone to bankruptcy? How do I know when to buy and when to sell shares? Is it worth believing analysts' forecasts and how to get them and test their effectiveness?

How to build an entire portfolio from single shares? Why should each portfolio include several dozen different companies? How to choose the right proportions of given shares depending on their risk? When to rebalance, when to buy, and when to run away and cut losses? How to study correlation and why is it of great importance in constructing a portfolio?

Are net profits more important, or is the cash generated from operating activities? What about income and the amount of intangible assets? Why is book value slowly becoming a thing of the past?

How to recognize the current market sentiment? What to use technical analysis, trends and momentum testing for? What is the impact of interest rates and the health of the economy as a whole on valuations? How to recognize that the economy is starting to slow down and what to do?

What is the role of stock market volatility and how to protect against it? What about currency risk when investing overseas? Is gold worth buying as a hedge against inflation? Who and why buys bonds at low yields? Why doesn't it make sense to play on declines in stocks?

A free excerpt of the publication is available here. 

About the author

Tomasz Leash For a decade, he has been managing multi-million dollar multinational funds and private portfolios, investing his clients' money primarily in the New York and Hong Kong financial markets, where he trades with stocks and options. Currently, he is the executive director of the British consulting company Hudson Hill Associates Ltd. and a member of the management board of the Polish sister company Hudson Hill Trust S.A. Since 2019, he has also been the CEO of the American investment fund Dog Eat Dog Venture Capital LLC. In addition to strictly investing activities, for several years it has also been setting a new quality in teaching about the stock exchange, building educational platforms in the form of an award-winning financial blog www.tradingforaliving.pl, an increasingly popular channel on YouTube, as well as the University of Investment, organized regularly every year, which has already been graduated by over 300 people.

Where to buy

The book is available at the bookstore Maklerska.pl for PLN 89.

We have a discount of all for our club members -5% to buy this book. Soon, a review of the book and a competition will appear in our website, in which you'll be able to win two copies.