Author: Sean Iddings
Publisher: MicroCapClub Publication
ISBN: 9780997576504
Category : Business & Economics
Languages : en
Pages : 212
Book Description
How does a great company sustain and grow profits for decades? Many people are familiar with Warren Buffett's analogy of a moat: various defenses to thwart competition. But moats are fleeting; they are here today and gone tomorrow. The more important question is, who builds and maintains moats? Intelligent fanatics do. These leaders build high-performance organizations that can dominate for decades. Intelligent Fanatics Project looks at the stories of eight intelligent fanatics who built dominant and enduring businesses. A $1,000 investment with each of these intelligent fanatics would, on average, have been worth $3.4 million thirty-seven years later--a 24.6% compounded annual return. They operated in a wide array of industries, in different time periods, on different continents, and against different economic backdrops, yet their leadership styles, strategies, corporate cultures, and values were similar. Intelligent fanatics are what every entrepreneur aspires to be and what every long-term investor dreams of finding and investing in early. Sean Iddings and Ian Cassel examine the common traits of these intelligent fanatics, to help both the investor and the entrepreneur generate extraordinary returns.
Intelligent Fanatics Project
Author: Sean Iddings
Publisher: MicroCapClub Publication
ISBN: 9780997576504
Category : Business & Economics
Languages : en
Pages : 212
Book Description
How does a great company sustain and grow profits for decades? Many people are familiar with Warren Buffett's analogy of a moat: various defenses to thwart competition. But moats are fleeting; they are here today and gone tomorrow. The more important question is, who builds and maintains moats? Intelligent fanatics do. These leaders build high-performance organizations that can dominate for decades. Intelligent Fanatics Project looks at the stories of eight intelligent fanatics who built dominant and enduring businesses. A $1,000 investment with each of these intelligent fanatics would, on average, have been worth $3.4 million thirty-seven years later--a 24.6% compounded annual return. They operated in a wide array of industries, in different time periods, on different continents, and against different economic backdrops, yet their leadership styles, strategies, corporate cultures, and values were similar. Intelligent fanatics are what every entrepreneur aspires to be and what every long-term investor dreams of finding and investing in early. Sean Iddings and Ian Cassel examine the common traits of these intelligent fanatics, to help both the investor and the entrepreneur generate extraordinary returns.
Publisher: MicroCapClub Publication
ISBN: 9780997576504
Category : Business & Economics
Languages : en
Pages : 212
Book Description
How does a great company sustain and grow profits for decades? Many people are familiar with Warren Buffett's analogy of a moat: various defenses to thwart competition. But moats are fleeting; they are here today and gone tomorrow. The more important question is, who builds and maintains moats? Intelligent fanatics do. These leaders build high-performance organizations that can dominate for decades. Intelligent Fanatics Project looks at the stories of eight intelligent fanatics who built dominant and enduring businesses. A $1,000 investment with each of these intelligent fanatics would, on average, have been worth $3.4 million thirty-seven years later--a 24.6% compounded annual return. They operated in a wide array of industries, in different time periods, on different continents, and against different economic backdrops, yet their leadership styles, strategies, corporate cultures, and values were similar. Intelligent fanatics are what every entrepreneur aspires to be and what every long-term investor dreams of finding and investing in early. Sean Iddings and Ian Cassel examine the common traits of these intelligent fanatics, to help both the investor and the entrepreneur generate extraordinary returns.
Intelligent Fanatics
Author: Sean Iddings
Publisher: Intelligent Fanatics Publication
ISBN: 9780997576535
Category : Business & Economics
Languages : en
Pages : 216
Book Description
We help you accumulate and internalize the experiences of nine, relatively unknown, intelligent fanatic giants. We also contrast their leadership styles against less successful companies during the time period. The intelligent fanatic blueprint holds true across every time period, continent, and industry.
Publisher: Intelligent Fanatics Publication
ISBN: 9780997576535
Category : Business & Economics
Languages : en
Pages : 216
Book Description
We help you accumulate and internalize the experiences of nine, relatively unknown, intelligent fanatic giants. We also contrast their leadership styles against less successful companies during the time period. The intelligent fanatic blueprint holds true across every time period, continent, and industry.
Intelligent Fanatics Project
Author: Sean Iddings
Publisher: MicroCapClub Publication
ISBN: 9780997576528
Category :
Languages : en
Pages :
Book Description
How does a great company sustain, and grow, profits for decades? Most people call to mind Warren Buffett's analogy of a moat: various defenses to thwart competition. But moats are fleeting; they are here today and gone tomorrow. The more important question is who builds and maintains moats? Intelligent fanatics do. These leaders build high performance organizations that can dominate for decades. The Intelligent Fanatics Project uncovers the stories of eight intelligent fanatics who built dominant and enduring businesses. A $1,000 investment with each of these intelligent fanatics, on average, would have been worth $3.4 million thirty-seven years later, a 24.6% compounded annual return. They operated in a wide array of industries, in different time periods, different continents, and in different economic backdrops, yet their leadership styles, strategies, corporate cultures and values were similar. Intelligent fanatics are what every entrepreneur aspires to be and what every long-term investor dreams of finding and investing in early. Sean Iddings and Ian Cassel weave together the common traits amongst intelligent fanatics to help both the investor and entrepreneur generate extraordinary returns.
Publisher: MicroCapClub Publication
ISBN: 9780997576528
Category :
Languages : en
Pages :
Book Description
How does a great company sustain, and grow, profits for decades? Most people call to mind Warren Buffett's analogy of a moat: various defenses to thwart competition. But moats are fleeting; they are here today and gone tomorrow. The more important question is who builds and maintains moats? Intelligent fanatics do. These leaders build high performance organizations that can dominate for decades. The Intelligent Fanatics Project uncovers the stories of eight intelligent fanatics who built dominant and enduring businesses. A $1,000 investment with each of these intelligent fanatics, on average, would have been worth $3.4 million thirty-seven years later, a 24.6% compounded annual return. They operated in a wide array of industries, in different time periods, different continents, and in different economic backdrops, yet their leadership styles, strategies, corporate cultures and values were similar. Intelligent fanatics are what every entrepreneur aspires to be and what every long-term investor dreams of finding and investing in early. Sean Iddings and Ian Cassel weave together the common traits amongst intelligent fanatics to help both the investor and entrepreneur generate extraordinary returns.
The Intelligent Option Investor: Applying Value Investing to the World of Options
Author: Erik Kobayashi-Solomon
Publisher: McGraw Hill Professional
ISBN: 0071833668
Category : Business & Economics
Languages : en
Pages : 337
Book Description
HOW TO USE YOUR HUMAN ADVANTAGE TO OUTPERFORM ALGORITHMS IN THE OPTIONS MARKET If you're a value investor who wants to get your money into the lucrative options market, forget about day trading, chart patterns, and market timing. This systematic book lays out a path to long-term wealth by taking positions on companies with real intrinsic value--the kind Ben Graham and Warren Buffett would invest in. Leave the complex algorithms and "Greeks" for the floor traders. Erik Kobayashi-Solomon, former investment banker, hedge fund risk manager, and valuation consultant to the World Bank, gives you the knowledge and sophisticationto understand what options pricing reveals about the market's estimation of future stock prices. He then demonstrates how to find tremendous opportunity for low-risk, high-profit investments in the difference between the market's mechanized price ranges and ones madeby you, a thoughtful human being armed with the insight this book offers. Everything you need to make options a powerfulcontributor to your portfolio is inside, including: A thorough explanation of what options are and what their prices can tell you about the market's expectations for the future price of a stock A proven way to envision the risk/reward trade-off for stocks and options and a straightforward method to use theflexibility and directionality of options to tilt the risk/return balance in your favor A robust and intuitive framework for assessing the value of a company Strategies to avoid the most common behavioral pitfalls Tips for using the information on an option-pricing screen Thorough coverage of important option investment strategies, including "covered calls," "protective puts," and "collars" Regardless of your experience level with options, this versatile guide makes you a better investor. Beginners get a turnkey solution to growing wealth in options, experienced investors gain savvy guidance for fine-tuning their practices, and professional investors learn how to effectively incorporate options into a portfolio. Understanding valuation in this perceptive light lets you earn the consistent profi ts of The IntelligentOption Investor. The Intelligent Option Investor is the hands-on guide to using a cuttingedge valuation framework in the fast-paced options market to boost growth, protect gains, and generate income. It explains how to use your insightful human mind to recognize when mechanized options pricing undervalues a stock. Once you see an opportunity, you'll have all the tools you need to execute a fact-based decision about how and when to invest in the company. Have your money make the most for you with the potent blend of timehonored value investing strategies and hot options vehicles in The Intelligent Option Investor. PRAISE FOR THE INTELLIGENT OPTION INVESTOR: "The Intelligent Option Investor reflects Erik's keen understanding of how companies create value for their owners, which is essential to successful option investing. In addition to showcasing Erik's expertise in developing option investment strategies based on fundamental security analysis and a long-term time horizon, this book delivers the information in a way that’s accessible to individual investors, offering them the resources to use options to help them meet their financial goals." -- JOE MANSUETO, founder, chairman, and CEO, Morningstar, Inc. "Erik knows--and lays out here--that to use options successfully, you need to understand the underlying stock and its valuation first. This is one of few books onoptions that teaches this fruitful, combined approach. And that's why it works." -- JEFF FISCHER, advisor, Motley Fool Options
Publisher: McGraw Hill Professional
ISBN: 0071833668
Category : Business & Economics
Languages : en
Pages : 337
Book Description
HOW TO USE YOUR HUMAN ADVANTAGE TO OUTPERFORM ALGORITHMS IN THE OPTIONS MARKET If you're a value investor who wants to get your money into the lucrative options market, forget about day trading, chart patterns, and market timing. This systematic book lays out a path to long-term wealth by taking positions on companies with real intrinsic value--the kind Ben Graham and Warren Buffett would invest in. Leave the complex algorithms and "Greeks" for the floor traders. Erik Kobayashi-Solomon, former investment banker, hedge fund risk manager, and valuation consultant to the World Bank, gives you the knowledge and sophisticationto understand what options pricing reveals about the market's estimation of future stock prices. He then demonstrates how to find tremendous opportunity for low-risk, high-profit investments in the difference between the market's mechanized price ranges and ones madeby you, a thoughtful human being armed with the insight this book offers. Everything you need to make options a powerfulcontributor to your portfolio is inside, including: A thorough explanation of what options are and what their prices can tell you about the market's expectations for the future price of a stock A proven way to envision the risk/reward trade-off for stocks and options and a straightforward method to use theflexibility and directionality of options to tilt the risk/return balance in your favor A robust and intuitive framework for assessing the value of a company Strategies to avoid the most common behavioral pitfalls Tips for using the information on an option-pricing screen Thorough coverage of important option investment strategies, including "covered calls," "protective puts," and "collars" Regardless of your experience level with options, this versatile guide makes you a better investor. Beginners get a turnkey solution to growing wealth in options, experienced investors gain savvy guidance for fine-tuning their practices, and professional investors learn how to effectively incorporate options into a portfolio. Understanding valuation in this perceptive light lets you earn the consistent profi ts of The IntelligentOption Investor. The Intelligent Option Investor is the hands-on guide to using a cuttingedge valuation framework in the fast-paced options market to boost growth, protect gains, and generate income. It explains how to use your insightful human mind to recognize when mechanized options pricing undervalues a stock. Once you see an opportunity, you'll have all the tools you need to execute a fact-based decision about how and when to invest in the company. Have your money make the most for you with the potent blend of timehonored value investing strategies and hot options vehicles in The Intelligent Option Investor. PRAISE FOR THE INTELLIGENT OPTION INVESTOR: "The Intelligent Option Investor reflects Erik's keen understanding of how companies create value for their owners, which is essential to successful option investing. In addition to showcasing Erik's expertise in developing option investment strategies based on fundamental security analysis and a long-term time horizon, this book delivers the information in a way that’s accessible to individual investors, offering them the resources to use options to help them meet their financial goals." -- JOE MANSUETO, founder, chairman, and CEO, Morningstar, Inc. "Erik knows--and lays out here--that to use options successfully, you need to understand the underlying stock and its valuation first. This is one of few books onoptions that teaches this fruitful, combined approach. And that's why it works." -- JEFF FISCHER, advisor, Motley Fool Options
The Rosie Project
Author: Graeme Simsion
Publisher: Penguin UK
ISBN: 1405912782
Category : Fiction
Languages : en
Pages : 306
Book Description
Discover the delightfully heartwarming and life-affirming bestseller about one man's unlikely journey through love, perfect for fans of Eleanor Oliphant is Completely Fine 'I couldn't put this book down. It's one of the most quirky and endearing romances I've ever read. I laughed the whole way through' SOPHIE KINSELLA 'Original, clever and perfectly written' JILL MANSELL ________ Love isn't an exact science - but no one told Don Tillman. A thirty-nine-year-old geneticist, Don's never had a second date. So he devises the Wife Project, a scientific test to find the perfect partner. Enter Rosie - 'the world's most incompatible woman' - throwing Don's safe, ordered life into chaos. But what is this unsettling, alien emotion he's feeling? . . . If you loved The Rosie Project, find out what Don did next in The Rosie Effect and The Rosie Result! ________ 'All three of the Rosie novels made me laugh out loud. Ultimately the story is about getting inside the mind and heart of someone a lot of people see as odd, and discovering that he isn't really that different from anybody else' BILL GATES 'Adorable' MARIAN KEYES 'Marvellous' JOHN BOYNE 'A sweet, funny rom-com . . . You'll be willing Don and Rosie on every step of the way' MARIE CLAIRE 'Hilarious, unlikely and heartbreaking' EASY LIVING
Publisher: Penguin UK
ISBN: 1405912782
Category : Fiction
Languages : en
Pages : 306
Book Description
Discover the delightfully heartwarming and life-affirming bestseller about one man's unlikely journey through love, perfect for fans of Eleanor Oliphant is Completely Fine 'I couldn't put this book down. It's one of the most quirky and endearing romances I've ever read. I laughed the whole way through' SOPHIE KINSELLA 'Original, clever and perfectly written' JILL MANSELL ________ Love isn't an exact science - but no one told Don Tillman. A thirty-nine-year-old geneticist, Don's never had a second date. So he devises the Wife Project, a scientific test to find the perfect partner. Enter Rosie - 'the world's most incompatible woman' - throwing Don's safe, ordered life into chaos. But what is this unsettling, alien emotion he's feeling? . . . If you loved The Rosie Project, find out what Don did next in The Rosie Effect and The Rosie Result! ________ 'All three of the Rosie novels made me laugh out loud. Ultimately the story is about getting inside the mind and heart of someone a lot of people see as odd, and discovering that he isn't really that different from anybody else' BILL GATES 'Adorable' MARIAN KEYES 'Marvellous' JOHN BOYNE 'A sweet, funny rom-com . . . You'll be willing Don and Rosie on every step of the way' MARIE CLAIRE 'Hilarious, unlikely and heartbreaking' EASY LIVING
Quality Investing
Author: Torkell T. Eide
Publisher: Harriman House Limited
ISBN: 0857195123
Category : Business & Economics
Languages : en
Pages : 179
Book Description
Quality. We all make judgments about it every day. Yet articulating a clear definition of quality in an investing context is challenging. This book addresses the challenge, and distills years of practical investing experience into a definitive account of this under-explored investment philosophy. Finance theory has it that abnormal outcomes do not persist, that exceptional performance will soon enough become average performance. Quality investing involves seeking companies with the right attributes to overcome these forces of mean reversion and, crucially, owning these outstanding companies for the long term. This book pinpoints and explains the characteristics that increase the probability of a company prospering over time - as well as those that hinder such chances. Throughout, a series of fascinating real-life case studies illustrate the traits that signify quality, as well as some that flatter to deceive. The authors' firm, AKO Capital, has a strong track record of finding and investing in quality companies - helping it deliver a compound annual growth rate more than double that of the market since inception. Quality Investing sheds light on the investment philosophy, processes and tough lessons that have contributed to this consistent outperformance.
Publisher: Harriman House Limited
ISBN: 0857195123
Category : Business & Economics
Languages : en
Pages : 179
Book Description
Quality. We all make judgments about it every day. Yet articulating a clear definition of quality in an investing context is challenging. This book addresses the challenge, and distills years of practical investing experience into a definitive account of this under-explored investment philosophy. Finance theory has it that abnormal outcomes do not persist, that exceptional performance will soon enough become average performance. Quality investing involves seeking companies with the right attributes to overcome these forces of mean reversion and, crucially, owning these outstanding companies for the long term. This book pinpoints and explains the characteristics that increase the probability of a company prospering over time - as well as those that hinder such chances. Throughout, a series of fascinating real-life case studies illustrate the traits that signify quality, as well as some that flatter to deceive. The authors' firm, AKO Capital, has a strong track record of finding and investing in quality companies - helping it deliver a compound annual growth rate more than double that of the market since inception. Quality Investing sheds light on the investment philosophy, processes and tough lessons that have contributed to this consistent outperformance.
Harnessing the Power of Intelligence, Counterintelligence & Surprise Events
Author: Alain Paul Martin
Publisher: Professional Dev Inst Press
ISBN: 9780865029248
Category : Political Science
Languages : en
Pages : 247
Book Description
Full of practical illustrations from business, government and the military, this book covers the organization, leadership, tools and culture of intelligence. It reveals new instruments, platforms and breakthrough concepts to address intelligence issues at national and corporate levels. It can help companies use intelligence to win customers and allies, and shield their assets from adversaries. Its focus is on detecting threats and opportunities, by legal and ethical means, and earlier than can be learned through reliable media. Readers will learn how to orchestrate and hitchhike on surprise events to create value. Based on Harvard University Global System? management road maps pioneered by the author, the book features extensive endnotes and Web sites, a bibliography, a book index and colorful Harvard road maps on strategy and risk. The book is suitable for general audiences. Technical terms are explained thoroughly. Some stories could be used to stimulate discussions and give college students a primer on intelligence. Real-life examples about people and important issues will be fun to read, talk about, both at work and at home. As Harvard Emeritus Professor William J. Bruns said: "Martin has created a framework and processes that anyone or any organization can adapt and use to create information and intelligence that will prevent or reduce unpleasant surprises in their lives or work."
Publisher: Professional Dev Inst Press
ISBN: 9780865029248
Category : Political Science
Languages : en
Pages : 247
Book Description
Full of practical illustrations from business, government and the military, this book covers the organization, leadership, tools and culture of intelligence. It reveals new instruments, platforms and breakthrough concepts to address intelligence issues at national and corporate levels. It can help companies use intelligence to win customers and allies, and shield their assets from adversaries. Its focus is on detecting threats and opportunities, by legal and ethical means, and earlier than can be learned through reliable media. Readers will learn how to orchestrate and hitchhike on surprise events to create value. Based on Harvard University Global System? management road maps pioneered by the author, the book features extensive endnotes and Web sites, a bibliography, a book index and colorful Harvard road maps on strategy and risk. The book is suitable for general audiences. Technical terms are explained thoroughly. Some stories could be used to stimulate discussions and give college students a primer on intelligence. Real-life examples about people and important issues will be fun to read, talk about, both at work and at home. As Harvard Emeritus Professor William J. Bruns said: "Martin has created a framework and processes that anyone or any organization can adapt and use to create information and intelligence that will prevent or reduce unpleasant surprises in their lives or work."
Outsmarting the Crowd
Author: Bogumil Baranowski
Publisher: Createspace Independent Publishing Platform
ISBN: 9781522733010
Category :
Languages : en
Pages : 226
Book Description
WE ARE WIRED TO FAIL WITH MONEY AND INVESTING. Do You Have $1 on You? BEFORE YOU START READING, please reach for your wallet. Take out a one-dollar bill. Do you have it? Look at it, hold it up, put it in front of you. Now imagine you save $1 each month (which few do). Imagine that your $1 earns 7% annually on average over thirty years. At the end of the thirty years you will have almost $1,200. Needless to say, if you put away $1,000 each month, you'd have almost $1.2 million in thirty years. It's secondary if you are just starting your family fortune--or if you already have it and want to keep it and grow it. If you do nothing with that dollar, inflation will eat away at its value. It will be worth less than two quarters in twenty-five years and less than a single quarter in fifty years and a nickel in one hundred years. Can you afford to do nothing? Do I have your attention? Most books misinform, or intimidate the reader, and often are not backed by real life experience. This book is a one of a kind, comprehensive, straightforward, and easy to follow guide to investing. It's written by an experienced investor trained in the value investing, Buffett-Graham school of thought. Like no other book, it covers both the intellectual and emotional discipline needed to be a successful investor. It provides the proper philosophy, shows the path, and emphasizes the principles required to keep and grow your wealth over a lifetime. "Over more than a decade, Bogumil has assiduously assembled a set of rules from the writings and the speeches of the world's most lastingly successful investors: these rules have become his chosen investment discipline. [...] He has written a great road map for young investors as well as a thoughtful and very readable guide to spare older neophytes the most common investment mistakes." - Francois D. Sicart, Founder and Chairman of Tocqueville Asset Management. "Now comes his book. Obviously, Bogumil was augmenting what we were teaching him over the years about the investment process with extensive readings by the great thinkers on this subject. Unlike some of these tomes, however, Bogumil's "Outsmarting the Crowd" is an easily digestible, common sense approach to a subject that is too often wrapped in jargon made to make it appear more difficult and less intuitive than it actually is." - Robert W. Kleinschmidt, President, Chief Executive Officer and Chief Investment Officer of Tocqueville Asset Management. "
Publisher: Createspace Independent Publishing Platform
ISBN: 9781522733010
Category :
Languages : en
Pages : 226
Book Description
WE ARE WIRED TO FAIL WITH MONEY AND INVESTING. Do You Have $1 on You? BEFORE YOU START READING, please reach for your wallet. Take out a one-dollar bill. Do you have it? Look at it, hold it up, put it in front of you. Now imagine you save $1 each month (which few do). Imagine that your $1 earns 7% annually on average over thirty years. At the end of the thirty years you will have almost $1,200. Needless to say, if you put away $1,000 each month, you'd have almost $1.2 million in thirty years. It's secondary if you are just starting your family fortune--or if you already have it and want to keep it and grow it. If you do nothing with that dollar, inflation will eat away at its value. It will be worth less than two quarters in twenty-five years and less than a single quarter in fifty years and a nickel in one hundred years. Can you afford to do nothing? Do I have your attention? Most books misinform, or intimidate the reader, and often are not backed by real life experience. This book is a one of a kind, comprehensive, straightforward, and easy to follow guide to investing. It's written by an experienced investor trained in the value investing, Buffett-Graham school of thought. Like no other book, it covers both the intellectual and emotional discipline needed to be a successful investor. It provides the proper philosophy, shows the path, and emphasizes the principles required to keep and grow your wealth over a lifetime. "Over more than a decade, Bogumil has assiduously assembled a set of rules from the writings and the speeches of the world's most lastingly successful investors: these rules have become his chosen investment discipline. [...] He has written a great road map for young investors as well as a thoughtful and very readable guide to spare older neophytes the most common investment mistakes." - Francois D. Sicart, Founder and Chairman of Tocqueville Asset Management. "Now comes his book. Obviously, Bogumil was augmenting what we were teaching him over the years about the investment process with extensive readings by the great thinkers on this subject. Unlike some of these tomes, however, Bogumil's "Outsmarting the Crowd" is an easily digestible, common sense approach to a subject that is too often wrapped in jargon made to make it appear more difficult and less intuitive than it actually is." - Robert W. Kleinschmidt, President, Chief Executive Officer and Chief Investment Officer of Tocqueville Asset Management. "
Smartups
Author: Rob Ryan
Publisher: Cornell University Press
ISBN: 9780801488313
Category : Business & Economics
Languages : en
Pages : 244
Book Description
Ryan focuses on methods he has developed over the years for building a sustainable business that makes money. He shows how to turn an idea into real product.
Publisher: Cornell University Press
ISBN: 9780801488313
Category : Business & Economics
Languages : en
Pages : 244
Book Description
Ryan focuses on methods he has developed over the years for building a sustainable business that makes money. He shows how to turn an idea into real product.
The Little Book of Sideways Markets
Author: Vitaliy N. Katsenelson
Publisher: John Wiley & Sons
ISBN: 0470932937
Category : Business & Economics
Languages : en
Pages : 265
Book Description
"It's hard to talk clearly about investing and make sense to ordinary readers at the same time. Katsenelson gives a lucid explanation of today's markets with sound advice about how to make money while avoiding the traps that the market sets for exuberant bulls and frightened bears alike." — Thomas G. Donlan, Barron's "A thoroughly enjoyable read. Provides a clear framework for equity investing in today's ‘sideways' and volatile markets useful to everyone. Clear thinking and clear writing are not often paired - well done!" — Dick Weil, CEO, Janus Capital Group "The bible for how to invest in the most tumultuous financial market environment since the Great Depression. A true guidebook for how to build wealth prudently." — David Rosenberg, Chief Economist & Strategist, Gluskin Sheff + Associates Inc. "A wonderful, grounded read for new and seasoned investors alike, Katsenelson explains in plain English why volatility and sideways markets are a stock picker's best friend." — The Motley Fool, www.Fool.com Praise for Active Value Investing "This book reads like a conversation with Vitaliy: deep, insightful, inquisitive, and civilized." — Nassim Nicholas Taleb, author of The Black Swan "Thoroughly enjoyable . . for the thoughtful and often entertaining way in which it is delivered. . . Katsenelson takes his reader step by step into the mind of the value investor by relating, in a fictional addendum to Fiddler on the Roof, the story of Tevye's purchase of Golde, the cow. He also describes his own big-time gambling evening (he was willing to lose a maximum of $40) and that of a half-drunken, rowdy fellow blackjack player to stress the importance of process. He then moves on to the fundamental principles of active value investing. What differentiates this book from so many others on value investing is that it describes, sometimes through the use of case studies, the thinking of a value investor. Not just his models or his metrics but his assessments. Katsenelson is an empiricist who weighs facts, looks for contraindications, and makes decisions. He makes value investing come alive. This may be a little book, but it's packed with insights for both novices and experienced investors. And it is a delight to read." —Seeking Alpha
Publisher: John Wiley & Sons
ISBN: 0470932937
Category : Business & Economics
Languages : en
Pages : 265
Book Description
"It's hard to talk clearly about investing and make sense to ordinary readers at the same time. Katsenelson gives a lucid explanation of today's markets with sound advice about how to make money while avoiding the traps that the market sets for exuberant bulls and frightened bears alike." — Thomas G. Donlan, Barron's "A thoroughly enjoyable read. Provides a clear framework for equity investing in today's ‘sideways' and volatile markets useful to everyone. Clear thinking and clear writing are not often paired - well done!" — Dick Weil, CEO, Janus Capital Group "The bible for how to invest in the most tumultuous financial market environment since the Great Depression. A true guidebook for how to build wealth prudently." — David Rosenberg, Chief Economist & Strategist, Gluskin Sheff + Associates Inc. "A wonderful, grounded read for new and seasoned investors alike, Katsenelson explains in plain English why volatility and sideways markets are a stock picker's best friend." — The Motley Fool, www.Fool.com Praise for Active Value Investing "This book reads like a conversation with Vitaliy: deep, insightful, inquisitive, and civilized." — Nassim Nicholas Taleb, author of The Black Swan "Thoroughly enjoyable . . for the thoughtful and often entertaining way in which it is delivered. . . Katsenelson takes his reader step by step into the mind of the value investor by relating, in a fictional addendum to Fiddler on the Roof, the story of Tevye's purchase of Golde, the cow. He also describes his own big-time gambling evening (he was willing to lose a maximum of $40) and that of a half-drunken, rowdy fellow blackjack player to stress the importance of process. He then moves on to the fundamental principles of active value investing. What differentiates this book from so many others on value investing is that it describes, sometimes through the use of case studies, the thinking of a value investor. Not just his models or his metrics but his assessments. Katsenelson is an empiricist who weighs facts, looks for contraindications, and makes decisions. He makes value investing come alive. This may be a little book, but it's packed with insights for both novices and experienced investors. And it is a delight to read." —Seeking Alpha