One Up Wall Street by Peter Lynch

Book Summary on One Up Wall Street by Peter Lynch

How to Use What You Already Know to Make Money in the Market

For those Time Starved Professionals, I have compiled the list of points which I feel are relevant to the man in the street. Although this book is about navigating the financial markets, it is easy to read as Lynch wrote this with the intention for the everyday people to read. His aim is to show us that understanding the markets is not rocket science, arm yourself with knowledge and be patient. This book aimed at long term investors. If you are here looking for fast gains and strategy play, then this book is not for you.

Cheatsheet for ETF Selection

1. Fund's Longevity
How many years have the fund been effective. Longer history suggests stability and track record to see the results. That said, past data does not imply future performance. 

2. Fund Size
At least USD 100 million AUM (Assets under Management). 
Larger AUM is better. 

3. Expense Ratio
The % of funds that the AM (Asset Manager can withdraw each year to pay for the fund's operating expenses.
Lower, better. Vanguard is known for having low expense ratios.

4. Tracking Error
The deviation from the underlying index. 
Less is better.