Payback Time: Making Big Money Is the Best Revenge!

Pay Back Time Delivers (2010-07-19) : 5/5
Phil Town delivers investing information in an interesting and easy to follow way. I truly enjoy reading his books. He's a great public speaker, too, and his books are written as though he were talking to you. His snippit stories mixed into the informative chapters break up the lessons, making it even more enjoyable. For the average person who knows little about how to invest wisely, this book, along with his other "Rule #1" book, is the way to become knowledgable. Read, then, go out and practice with a margin of safety.
Any investment-oriented collection needs this approach (2010-06-18) : 5/5
PAYBACK TIME: MAKING BIG MONEY IS THE BEST REVENGE offers a key to understanding long-term investing's downside, and refutes the common notion that this is the safest, best way to invest. Instead Phil Town advocates the idea of 'stockpiling' - how to get rich in bad markets - and offers a strategy designed to earn the reader millions. Any investment-oriented collection needs this approach.

Website doesn't deliver on promises in the book (2010-06-18) : 3/5
I just finished this book. Unlike some reviewers here, I did note significant differences between Rule #1 and Payback Time --- Payback Time is more geared towards fundamentals and knowing the business you own; Rule #1 leaned ever so slightly in the direction of technical analysis.

With the discussion of Floors and Ceilings, though, we're still in the realm of doing some charting.

The problems I see are that Mr. Town is: a) hyping his website, but not realizing it does not deliver what he claims it will (e.g., where on the website is this "Investor Profile Questionnaire"? I certainly cannot find it ... ) ; b) a schill for his seminars and ancillary products --- Ok, I get it dude, you offer workshops, but do you really have to spend pages and pages selling me on the idea of going to them?

And besides, if you (Phil Town) are as rich as you claim to be, why set up these investment seminars in the first place? Just to "help" people? C'mon.

But really, the part that bugged me most was the description in the book of the wonderful associated website, and in reality the website just does not deliver on those promises.

On the plus side, the website does describe using Google Finance screens instead of the recently scaled back MSN screen. That alone merited an extra star ... otherwise I would only have rated this book "Fair" with two stars rather than three.
Great Book (2010-06-10) : 5/5
Although some of book is a bit technical, this is a great read for someone looking to take control of their investing. Read it through at quick pace the first time to get an overview of his strategy and then take the time to practice using his methods and re-read as needed. This is not "get rich quick", it is "get rich smart".
Starts out great (2010-06-01) : 3/5
This book starts out great but it is difficult to follow in this world market. I am still afraid to invest when the world is in such turmoil.