The Five Rules for Successful Stock Investing book cover by Pat Dorsey
Book

The Five Rules for Successful Stock Investing

Morningstar's Guide to Building Wealth and Winning in the Market

Pat Dorsey

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The Five Rules for Successful Stock Investing is Pat Dorsey's process for reading financial statements and paying less than a business is worth. ChartClub lists the December 2004 Wiley paperback. The rules are a checklist. They are not proof the reader will beat the market.

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Listing facts checked 2026-10-10.

Author
Pat Dorsey
Audience
Intermediate
Publisher
Wiley
Year
2004
Pages
384

Key takeaways

  • The rules are a research sequence. Following them is not the same as beating the market.
  • This record is the December 2004 paperback that matches the cover.
Wiley lists the paperback as ISBN 9780471686170, December 2004, 384 pages. The stored cover is the file for that ISBN. A later ebook uses a different ISBN. Joe Mansueto wrote the foreword and is not stored as a coauthor. The five rules are homework, moats, a margin of safety, a long hold, and a reason to sell. Each one still depends on the judgment that follows it. A statement can be read carefully and the conclusion can still be wrong. The subtitle's promise of winning in the market is the book's language. ChartClub lists the process and does not adopt the result.

Tags

  • value-investing
  • process

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