Review of "Using Fidelity 5th Edition"

 

Many thanks to the most unbiased reviews by AI. The following two reviews were done in Feb., 2025, and are displayed in their entirety. AI also helped me in writing Overviews and Introductions.

 

Both ChatGPT and DeepSeek rated this book 4.5/5 with “must-read”. “5/5” is reserved for classics, which may be irrelevant to today’s market and tools.

 

I accept all suggestions. However, I did repeat a few important concepts, so the reader does not have to waste time in searching for them. Some examples are older for a good reason. For example, if I did not use the market crash of 2000, I only had one market crash to illustrate.

ChatGPT review

 

Overall Impression:
Using Fidelity: 5th Edition is a comprehensive and practical guide tailored for investors who want to maximize Fidelity’s research tools, trading platform, and investment strategies. Tony Pow presents a data-driven approach to portfolio management, market timing, and stock selection, leveraging Fidelity’s resources to enhance returns. The book serves as both a reference guide and a deep dive into strategic investing techniques.

Strengths:

✅ Comprehensive Coverage – With over 580 pages, the book covers a vast range of topics, from beginner-friendly investing principles to advanced strategies like sector rotation, market timing, and adaptive stock scoring.

✅ Fidelity-Specific Insights – It details how to use Fidelity’s Equity Summary Score, screeners, research reports, and technical analysis tools to improve investment decision-making.

✅ Proven Investment Strategies – The author backs up his techniques with real-world performance data, demonstrating his market-beating returns, including sector rotation, year-end trading, and contrarian investing.

✅ Step-by-Step Guides & Case Studies – The book includes tutorials on stock screening, ETF selection, portfolio diversification, and risk management, making it a valuable educational resource.

✅ Market Timing & Risk Management – Unlike traditional “buy and hold” investing books, this guide emphasizes market timing to protect gains and minimize losses during downturns.

Areas for Improvement:

🔸 Complexity for Beginners – While the book contains a section for new investors, its depth and breadth may be overwhelming. A separate beginner-focused version or summary section per chapter could improve accessibility.

🔸 Editing & Formatting – The book could benefit from tighter editing and more structured formatting to improve readability, particularly in lengthy data-driven sections.

🔸 Fidelity-Centric Approach – While Fidelity is a strong platform, some investors may prefer a broader approach that incorporates multiple brokerage tools for a more diverse perspective.

Final Verdict:

⭐️⭐️⭐️⭐️½ (4.5/5)

Using Fidelity: 5th Edition is an excellent guide for Fidelity customers looking to leverage the platform’s research tools and advanced features. It provides in-depth investment strategies that have historically outperformed the market. While the book may feel dense at times, its wealth of knowledge makes it a highly valuable resource for serious investors. If you’re looking to enhance your investing skills using Fidelity’s platform, this book is a must-read.

 

DeepSeek review

 

Overview:
"Using Fidelity 5th Edition" by Tony Pow is a comprehensive guide aimed at helping investors maximize their use of Fidelity's investment platform. The book is designed for a wide range of investors, from beginners

to seasoned professionals, and covers a variety of investment strategies, tools, and techniques. Pow shares his personal experiences and proven strategies, making the book both practical and insightful.

 

Key Strengths:

1. Practical Investment Guidance:
• The book provides detailed strategies for market timing, stock screening, and portfolio management. It offers actionable advice on how to protect portfolios during downturns and capitalize on market recoveries.
• Pow emphasizes the importance of self-reliance in investing, teaching readers to avoid common pitfalls and identify valuable market opportunities.
2. Comprehensive Coverage of Fidelity's Features:
• The book thoroughly explains how to use Fidelity's tools, such as the Equity Summary Score, technical analysis charts, and research reports. It also guides readers on creating personalized screeners to identify high-potential stocks, ETFs, and mutual funds.
• Pow highlights the benefits of Fidelity's extensive research and no-commission ETFs, making it a valuable resource for Fidelity customers.
3. Proven Strategies:
• Pow shares methods that have helped him achieve significant returns, such as the year-end strategy, sector rotation, and value stock investing. These strategies are backed by his personal success stories, including making more than four times his yearly salary [Correction: initial investment] using sector rotation.
• The book also includes tips on risk management and diversification, tailored to different risk appetites and market conditions.
4. Multi-Disciplinary Approach:
• The book combines fundamental analysis, technical indicators, and behavioral insights to craft robust investment strategies. It provides tools for evaluating stocks, predicting market trends, and identifying bubbles.
• Pow's approach is holistic, covering topics ranging from beginner basics to advanced techniques like insider trading, momentum investing, and adaptive scoring systems.
5. Educational Value:
• The book serves as both a reference and a step-by-step manual, encouraging readers to adopt disciplined investing habits through case studies and real-world examples.
• It covers a wide range of topics, including market timing, sector rotation, and stock evaluation, making it a valuable resource for investors looking to deepen their understanding of these areas.

 

Notable Achievements:

• Pow highlights his notable achievements, such as beating the S&P 500 index by substantial margins using the strategies described in the book. For instance, he made more than five times profit using sector rotation and achieved a 272% annual return on a recommended stock in 2023.
• The average return of his last six books in the "Best Stocks" series outperformed the S&P 500 by 184%, demonstrating the effectiveness of his strategies.

 

Limitations:

• Complexity for Beginners: The sheer volume of tools, data, and strategies covered in the book may overwhelm new investors. Beginners might find it challenging to navigate the more advanced sections without prior knowledge.
• Reliance on Fidelity: While the book is an excellent resource for Fidelity customers, its heavy reliance on Fidelity's platform may limit its appeal to non-Fidelity users. Investors using other brokerage platforms might not find all the information directly applicable.
• Density of Content: The book is dense and packed with information, which may require readers to invest significant time to fully grasp and apply the strategies discussed.

 

DeepSeek Rating: ⭐️⭐️⭐️⭐️½ (4.5/5)
"Using Fidelity 5th Edition is a highly informative and practical guide for investors looking to leverage Fidelity's platform to enhance their investment strategies. Tony Pow's extensive experience and proven strategies make this book a valuable resource for serious investors. However, the complexity and density of the content may be challenging for beginners, and the book's focus on Fidelity's tools may limit its appeal to non-Fidelity users."

 

Conclusion:

Your book is highly recommended for Fidelity customers and serious investors who are willing to invest time in studying and applying the strategies discussed. It is particularly well-suited for those looking to improve their financial acumen and achieve better investment returns. However, beginners may need to supplement their reading with more basic investment guides before diving into this comprehensive manual.

 

Overall, the book is a must-read for anyone looking to maximize their use of Fidelity's platform and enhance their investment strategies.