Summary
- My new book, Build Wealth With Common Stocks, is now available for pre-order in advance of the hardcover edition, releasing on January 19, 2021.
- I am inviting interested TalkMarkets contributors to download and read a complimentary advance review copy [ARC] of the book to write and submit an honest review to the TM Editors.
- The book slants toward Main Street buy-and-hold value investing in large/mid-cap common stocks with index ETFs as hedges against the individual stock portfolio.
- The ARC will be made available to contributors whom the author believes are well versed in the book's investment paradigm.
- The Model Portfolio, which serves as the book's case study, has significantly outperformed the S&P 500 since 2009 based on average total return per holding.
I am excited to announce that my fourth book Build Wealth With Common Stocks: Market-Beating Strategies for the Individual Investor, is now available for pre-order in advance of the hardcover edition's worldwide release on January 19, 2021. The eBook, audiobook, and paperback formats will follow at later dates.
I am seeking a few outstanding TalkMarkets contributors interested in downloading an advance review copy—a PDF of the print version—to submit an honest review of the book to the TM Editorial team on or before its publication date.
To be sure, your review would be the regular contributor submission--either exclusive or non-exclusive--and within TM’s acceptable guidelines. The editors always hold the discretion on whether an article, including a book review, gets published or not.
Build Wealth with Common Stocks is geared to the pre-retirement Main Street investor. It slants toward a buy-and-hold, bottom-up, fundamentals-based, risk-averse, valued-oriented selection of the mid- and large-cap common shares of quality companies trading on the major U.S. stock exchanges.
If interested in being considered for an advance review copy, email me here on TM or at [email protected].
Performance Benchmark
The Model Portfolio, which mirrors my family portfolio's holdings, serves as the book's case study. Based on an average total return per holding basis, since its inception in June 2009, the portfolio has significantly outperformed the S&P 500 Index.
As of the market close on December 10, 2020, the 17 holdings in the portfolio have cumulatively beaten the benchmark by an average of 8,580 basis points or 85.80 percentage points per holding. Disclosures for The Model Portfolio are available free by joining the author's website member list.
Note: The following excerpts from Build Wealth with Common Stocks are copyright 2020-21 by David J. Waldron. All rights reserved worldwide.
ISBN: 978-1735552408. 226 pages. Publishes on January 19, 2021.
USA $29.95.
Tagline
"An informed investor has a far greater chance of getting rich slow than getting rich fast, and getting rich slowly is better than not at all."
The opening line of Chapter One, above, was named one of the best First Lines of November 2020 by Publishers Weekly.
Also, TalkMarkets generously posted an excerpt from the book: Buy Fear And Sell Greed.
Book Description
From the dust jacket's inside flaps:
Written for individual investors by an individual investor, in Build Wealth with Common Stocks, David J. Waldron shares actionable ideas to construct a potentially market-beating portfolio of the common shares of enduring companies to fund life's significant milestones.
Waldron offers inspiring wisdom and memorable anecdotes to keep the reader moving forward during the endless roller coaster rides of market cycles.
On Outperforming Wall Street
Despite limited capital, the individual investor on Main Street has the potential to achieve superior returns with lower costs and less risk than the power brokers working on Wall Street.
On Being a Thoughtful Investor
To paraphrase American baseball legend Yogi Berra, investing is ‘90 percent half’ common sense. The ‘other half’ is patience and discipline.
On Patience
Patience is the scarcest and, thereby, the most valuable commodity available to the retail-level investor.
On Discipline
One rule virtually guarantees you will never lose money on an investment (Chapter Five).
On Productive Fear
A portfolio constructed on the fear of losing money is destined to outperform a basket thrown together from the fear of missing out.
On Taking Ownership
Stop placing bets on stocks and start investing in companies.
On Active vs. Passive Investing
Buy slices of the best companies in the sector, reserving the index for hedging your portfolio.
On the Perils of High Yield Dividends
Chasing current yield is a recipe for junk equity. Instead, practice this more profitable concept of dividend investing (Chapter Nine).
On the Death of Value Investing
Value investing is never dead; it’s just less popular than short-term growth stories. As long as there are financial markets or farmers’ markets, value prevails.
On the Benefits of Self-Directed Investing
Build your beach or lake house instead of your financial advisor’s.
On Assessing Risk
A risk understood, accepted, and well-managed becomes the risk worth taking.
On Being a Defensive Investor
Outperform the market by managing the downside while allowing the upside to take care of itself.
About the Author
David J. Waldron is an individual investor and the author of self-improvement books for those seeking to achieve the personal and professional goals that matter most in their life. He earned a Bachelor of Science in business studies as a Garden State Scholar at Stockton University and completed The Practice of Management Program at Brown University. Take control and achieve your dreams at davidjwaldron.com.
Advance Praise
From the book's back cover:
Individual Investor Praise for Build Wealth With Common Stocks
“Build Wealth with Common Stocks is the best book I've read on stock selection in my 55 years of investing.” —Bud Joyner, Memphis, TN USA
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“David J. Waldron’s book inspired me to begin investing! Learning the benefits of planning and research toward owning slices of great companies helped me to develop a winning game plan for my inaugural portfolio.” —Shonna Dent, Pueblo, CO USA
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“I have read a ton of books on investing, and Build Wealth with Common Stocks is the most outstanding. Chock-full of wisdom that every individual investor needs to know. You will feel as if this book was written just for you.” —Ram Persaud, Toronto, ON Canada
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“David J. Waldron provides a complete framework for any individual investor looking for a thorough and common-sense understanding of value investing.” —Mariska Mosterd-van Wijnen, Ermelo, The Netherlands
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“From developing the right frame of mind to evaluating key metrics to determine if a stock is a good investment, Build Wealth with Common Stocks guides you through the process with terms and language that any do-it-yourself investor can understand and put into practice.” —Justin Loidolt, Boise, ID USA
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“David J. Waldron’s latest book is a great road map for individual investors with a long-term horizon. His common sense approach teaches you to assess each company on its merits and to understand the value of the business. A smart alternative to passively owning every company in an index. Highly recommended!” —Robert Weiss, CFA, Sarasota, FL USA
What the Book is Not About
Before requesting the ARC to read and review, please consider that Build Wealth with Common Stocks gears toward beginner and intermediate everyday investors. The author discourages short-term or speculative trading schemes for hopeful—although improbable—quick financial gains using popular if not controversial investment vehicles.
Hence, the book discourages options, futures, event arbitrage, currencies—whether crypto or sovereign—commodities, trend following, short-selling, technical analysis, swing trading, momentum growth, high-yield dividends, price targets and alerts, trading algorithms, margin accounts, deep value, or any trading schemes deployed in the hopes of acquiring fast money.
Overall, the narrative takes a skeptical view of the conventional Wall Street way of fee driven retail or professional investing. The contrarian view favors low cost, less risk portfolio performance for the active, pre-retirement individual investor on Main Street with limited capital.
Online Retailers
You may also check out the book at the following retail booksellers where it is available for pre-order, plus other relevant sites:
Amazon: https://www.amazon.com/gp/product/1735552402/
Barnes & Noble: https://www.barnesandnoble.com/w/build-wealth-with-common-stocks-david-j-waldron/1137950322?ean=9781735552408
Goodreads: https://www.goodreads.com/book/show/55766922-build-wealth-with-common-stocks
Author Website: https://davidjwaldron.com/build-wealth-with-common-stocks.html
Read and Review Build Wealth With Common Stocks
If interested in being considered for a complimentary advance review copy of Build Wealth With Common Stocks: Marketing-Beating Strategies for the Individual Investor, write to me today on TalkMarkets or [email protected].




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