Phil Town is a very wealthy man, but he wasn't always. In fact, he was living on a salary of $4,000 a year when some well-timed advice launched him down a highway of investing self-education that revealed what the true "rules" are and how to make them work in one's favor. Chief among them, of course, is Rule #1: "Don't lose money."

In this updated edition to the #1 national bestseller, you'll learn more of Phil's fresh, think-outside-the-box rules, including:
- Don't diversify
- Only buy a stock when it's on sale
- Think long term--but act short term to maximize your return
- And most of all, beat the big investors at their own game by using the tools designed for them!

As Phil demonstrates in these pages, giant mutual funds can't help but regress to the mean--and as we've all learned in recent years, that mean could be very disappointing indeed. Fortunately, Rule #1 takes readers step-by-step through a do-it-yourself process, equipping even the biggest investing-phobes with the tools they need to make quantum leaps toward financial security--regardless of where the market is headed.