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Wade Cook In the 1990s, Cook gained notoriety for paid radio programs
which he used to market investment seminars. He was notable
for his claim to be able to teach people to double their
money every 2.5 to 4 months.The government forced him to
recant that claim. Cook is a proponent of rolling stocks
(stocks that regularly vacillate between "predictable" highs
and lows) and has been very vocal about stock splits being a
good way to make money, claiming that many stocks rose post
split (since the end of the 1990s bull market, Cook has not
been as strong a proponent of this concept). One of his more
famous phrases was meter drop. Cook said that as a
cab driver he learned that money was made every time the
meter dropped, and that it was better to take many small
fares rather than one big one. This translated to Cook's
short-term investment strategy of buying and selling many
stocks for smaller, quicker profits rather than buying and
holding securities for an extended period in the hope that
they will increase greatly. While Wade Cook has had some
ups and downs personally and professional he has been quite
successful as an published author.
Books by Wade Cook include, Real Estate Money Machine,
Stock Market Miracles, Don’t Set Goals: The Old
Way, Bear Market Baloney and Business Buy the
Bible. His more recent writings include Brilliant
Deductions, How to Pick up Foreclosures, Wall
Street Money Machine (Vols. 1-5), Blueprints
for Success, Real Estate for Real People, Cook’s
Book on Creative Real Estate, 101 ways to Buy
Real Estate Without Cash, Wealth 101, Y2K Gold
Rush, Safety 1st Investing, Wade
Cook’s Power Quotes, Success: American Style, Red
Light, Green Light, Two Bad Years and Up We Go!,
Wade Cook’s Stock Picking Handbook and Stock
Market Money Machine.

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