A review by bootman
Rule #1: The Simple Strategy for Successful Investing in Only 15 Minutes a Week! by Phil Town

5.0

I read this book immediately after I finished Invested, the book Phil wrote with his daughter, and I binged this book in a day. I am more risk averse than most people, which is why I primarily invest in S&P 500 index funds. After learning more about Phil, I realized he's an individual stock trader, but he's just as risk averse and conservative as I am. That's why I grabbed this book. Phil Town gives you some formulas to use to make sure you get stocks at a good price while also having a decent buffer (margin of safety). As long as you do your research on companies and don't invest in what you don't know about, it's hard to see how this strategy will fail. 

My only criticism with this book is a personal one. Even though Phil says he hates math and the math for this process is "simple", it definitely wasn't for a guy like me. I had to re-read sections a few times and take extensive notes. It was definitely worth it though. I have much more confidence now in purchasing individual stocks. But if you're like me, make sure you're ready to read this book like it's a course. Take notes, practice, and you'll be fine.