Summary: ChangeWave Investing - Tobin Smith

This work offers a summary of the book "CHANGEWAVE INVESTING: Picking the Next Monster Stocks of the New Economy" by Tobin Smith. Tobin Smith is the founder and CEO of ChangeWave.com, managing partner and chief investment officer of ChangeWave Capital Partners L. P. (a private investment fund) and vice president of Internet venture development at Phillips International. "ChangeWave Investing" is an aggressive growth investment strategy for New Economy stocks.
The objective is to identify which stocks will grow the most in value as the New Economy becomes progressively larger and better established. As Smith explains in this book, three key concepts are lying at the heart of ChangeWave Investing: 1. The best stocks can be identified by analyzing their business, positioning and marketing strategies, not their balance sheets; 2. The greater the change occurring within an industry, the faster the rate of growth for leading stocks in that industry; 3.
The more smart, qualified people that participate in researching investment opportunities, the greater the accuracy achieved. In this book, the author reveals the seven steps of ChangeWave investment strategy. ChangeWave Investing is a must read for businesspeople. Tobin Smith gives the keys to becoming the market movers of the future!