Janet Tavakoli takes you into the world of Warren Buffett by way of the recent mortgage meltdown. In correspondence and discussion with him over 2 years, they both saw the writing on the wall, made clear by the implosion of Bear Stearns. Tavakoli, in clear and engaging prose, explains how the credit mess happened beginning with the mortgage lending Ponzi schemes funded by investment banks, the Fed bailout and its impact on the dollar. Through her narrative, we hear from Warren Buffett and learn how his enduring principles caused him to see the mess that was coming well in advance and kept him and his investors well out of the way.
The Warren Buffett Way provided the first look into thestrategies that the master uses to pick stocks. A New York Timesbestseller, it is a valuable and practical primer on the principlesbehind the remarkable investment run of the famed oracle of Omaha.In this much-awaited companion to that book, author Robert Hagstromtakes the next logical step, revealing how to profitably managestocks once you select them. THE WARREN BUFFETT PORTFOLIO will helpyou through the process of building a superior portfolio andmanaging the stocks going forward. Building a concentratedportfolio is critical for investment success. THE WARREN BUFFETTPORTFOLIO introduces the next wave of investment strategy, calledfocus investing. A comprehensive investment strategy used withspectacular results by Buffett, focus investing directs investorsto select a concentrated group of businesses by examining theirmanagement and financial positions as compared to their stockprices. A strategy that has historically outperformed the market,focus
Professional and managerial guide to conducting mergers and acquisitions, featuring a collection of articles from leading business scholars. Topics covered include friendly acquisition, integration managers, trade-offs in acquisitions, and who stays and who goes. Softcover. DLC: DLC: Consolidation and merger of corporations.
Through every type of market, William J. O'Neil's nationalbestseller, How to Make Money inStocks, has shown over 2 millioninvestors the secrets to successful investing. O'Neil'spowerful CANSLIM~ Investing Systemma proven seven-step process for minimizingriskand maximizing gains--has influenced generations ofinvestors.Based on a major study of all the greatest stock marketwinners from 1880 to 2009, thisexpanded edition gives you:
YOU WANT LESS. You want fewer distractions and less on yourplate. The daily barrage of e-mails, texts, tweets, messages, andmeetings distract you and stress you out. The simultaneous demandsof work and family are taking a toll. And what's the cost?Second-rate work, missed deadlines, smaller pay cheques, fewerpromotions-and lots of stress. AND YOU WANT MORE. You want moreproductivity from your work. More income for a better lifestyle.You want more satisfaction from life, and more time for yourself,your family, and your friends. NOW YOU CAN HAVE BOTH-LESS AND MORE.In The ONE Thing, you'll learn to cut through the clutter achievebetter results in less time build momentum toward your goal dialdown the stress overcome that overwhelmed feeling revive yourenergy stay on track master what matters to you The ONE Thing isthe New York Times bestseller which delivers extraordinary resultsin every area of your life-work, personal, family, and spiritual.WHAT'S YOUR ONE THING?
In The Little Book of Bull Moves , popular author andeconomic advisor, Peter Schiff, takes a new look at America's bullmarkets of the 1920's, 1960's, and 1990's, and the bear marketsthat followed. Analyzing similarities and differences from both aneconomic and political perspective, Schiff discusses investmentstrategies that worked then and explains how those sameconservative approaches to investing can be applied in today'smarket. Provides detailed advice on the techniques and strategies thatcan help investors maintain and even build wealth now and in theturbulent times that lie just ahead Filled with insightful commentary, inventive metaphors, andpre*ive advice Other titles by Schiff: Crash Proof: How to Profit From theComing Economic Collapse, and The Little Book of Bull Movesin Bear Markets Written by a seasoned Wall Street prognosticator, TheLittle Book of Bull Moves shows readers how to make money underadverse market conditions by using conservative, nontraditionalinvestment
When it was first published, How to Make Money in Stocks hit the investing world like a jolt, providing readers with the first in-depth explanation of William J. O'Neil's innovative CAN SLIM investing method. Five years later, O'Neil, founder for the industry icon Investor's Business Daily, revised his classic text and provided readers with a newer glimpse on how the average investor can make money in the equities market. This third edition of How to Make Money in Stocks has been revised and updated with new chapters designed to help investors increase their performance. Like his international bestselling 24 Essential Lessons for Investment Success, which stayed on international business bestseller lists for close to 6 months in 2000, How to Make Money in Stocks is the best reference for the individual investor in how to stay afloat and ahead in the rocky and volatile equities markets of the 21st century.
According to author Prem Jain, Warren Buffett's investment strategy can be succinctly classified as a combination of value and growth investment styles.?To accomplish growth while maintaining value, he emphasizes the importance of the people who manage companies rather than the companies themselves. In this book, Jain expands upon Buffett's annual letters to Berkshire shareholders (thousands of pages over the last 43 years) and uncovers the key elements that every爄nvestors should know. Readers will learn that, contrary to popular beliefs, Warren Buffett is not a pure value investor - Buffett's strategy includes principles of both value and growth strategies.燭hey will learn why CEOs and others managing companies are more important than financial metrics or industry affiliations, as well as爓hy appropriate psychological temperament is necessary to be a successful investor. They also will learn how Buffett thinks differently from others about portfolio diversification, market efficiency, and corporate
Michael Moe was one of the first research analysts to identifyStarbucks as a huge opportunity following its IPO in 1992. And formore than fifteen years, he has made great calls on many otherstocks, earning a reputation as one of today’s most insightfulmarket experts. Now he shows how winners like Dell, eBay, and Home Depot couldhave been spotted in their start-up phase, and how you can findWall Street’s future giants. He forecasts the sectors with thegreatest potential for growth, and explains his four Ps of futuresuperstars: great people, leading product, huge potential, andpredictability. Moe also includes interviews with some of the biggest names inbusiness—like Howard Schultz, Bill Campbell, and Michael Milken—whoreveal their own insights into how they discover the stars oftomorrow.
Is your investment in that new Internet stock a sign of stockmarket savvy or an act of peculiarly American speculative folly?How has the psychology of investing changed--and not changed--overthe last five hundred years? Edward Chancellor examines the natureof speculation--from medieval Europe to the Tulip mania of the1630s to today's Internet stock craze. A contributing writer to The Financial Times and The Economist , Chancellorlooks at both the psychological and economic forces that drivepeople to "bet" their money in markets; how markets are made,unmade, and manipulated; and who wins when speculation runsrampant. Drawing colorfully on the words of such speculators as SirIsaac Newton, Daniel Defoe, Ivan Boesky, and Hillary RodhamClinton, Devil Take the Hindmost is part history, partsocial science, and purely illuminating: an erudite and hugelyentertaining book that is more timely today than ever before.
The strategies and techniques of THE investment legend Warren Buffett Wealth follows the world′s greatest investor fromthe beginning of his career, as he takes a 100–dollar investmentand turns it into one of the most successful multibillion–dollarcompanies in the world. By carefully detailing how Buffett beganhis career and discussing what he learned from Benjamin Graham,this book reveals the true secrets to Buffett′s success. Readerswill see how Buffett reached the pinnacle of his profession byfollowing certain key principles such as investing in old–styletraditional American companies, holding the companies forever, andhiring and keeping the same managers. Robert P. Miles (Tampa, FL) is a writer, speaker, and consultant.He is also the author of The Warren Buffett CEO (0–471–44259–3) and101 Reasons to Own the World′s Greatest Investment: WarrenBuffett′s Berkshire Hathaway (0–471–41123–X).
Are You Prepared for Another Lost Decade? "[Pring] seesanother 'lost decade,' but also ways to make it a winner". ("TheNew York Times"). Don't let the secular bear eat you. Prepare toearn steady profits in another decade of volatile and disappointingmarket returns. For more than four decades, Martin Pring has been aleading innovator and practitioner of financial and business cycleanalysis. In "Investing in the Second Lost Decade", Pring - alongwith seasoned portfolio managers Joe Turner and Tom Kopas - offersconclusive proof that we're only near the midway point of acontinued secular cycle of flat returns and deeply cyclicaleconomic conditions. To guide you through these uncertain times,Pring, Turner, and Kopas deliver a proven action plan for masteringthe realities facing today's investors. Using proprietary analysis,the authors explore the characteristics of long-term bear marketsalong with the looming dual threats of inflation and risinginterest rates - and outline positive steps you can take to cre
Regarded as one of the pioneers of modern investment theory, Philip A. Fisher's investment principles are studied and used by contemporary finance professionals including Warren Buffett. Fisher was the first to consider a stock's worth in terms of potential growth instead of just price trends and absolute value. His principles espouse identifying long-term growth stocks and their emerging value as opposed to choosing short-term trades for initial profit. First published in 1958, this investment classic is considered a must-read as the foundation for many of today's popular investment beliefs.
An accessible, and intuitive, guide to stock valuation Valuation is at the heart of any investment decision, whetherthat decision is to buy, sell, or hold. In The Little Book ofValuation, expert Aswath Damodaran explains the techniques inlanguage that any investors can understand, so you can make betterinvestment decisions when reviewing stock research reports andengaging in independent efforts to value and pick stocks. Page by page, Damodaran distills the fundamentals of valuation,without glossing over or ignoring key concepts, and develops modelsthat you can easily understand and use. Along the way, he coversvarious valuation approaches from intrinsic or discounted cash flowvaluation and multiples or relative valuation to some elements ofreal option valuation. Includes case studies and examples that will help build yourvaluation skills Written by Aswath Damodaran, one of today's most respectedvaluation experts Includes an accompanying iPhone application (iVal) that makes
When it comes to investing in the stock market, investors have plenty of options: 1. They can do it themselves. Trillions of dollars areinvested this way. (Of course, the only problem here is that most people have no ideahow to analyze and choose individual stocks. Well, not reallythe only problem. Most investors have no idea how toconstruct a stock portfolio, most have no idea when to buy andsell, and most have no idea how much to invest in the firstplace.) 2. They can give it to professionals to invest. Trillions of dollars are invested this way. (Unfortunately most professionals actually underperform the market averages over time. In fact,it may be even harderto pick good professional managers than it is to pick goodindividual stocks.) 3. They can invest in traditional index funds. Trillions of dollars are also invested this way.(The problem isthat investing this way is seriously flawed--and almost a guaranteeof subpar investment returns over time.) 4. They can read The Big Secret for the
Graham and Dodd's Security Analysis is hands-down the most influential investment book in history. The classic 1951 edition is the first edition of the bestselling investment bible that was written during a time of economic stability and prosperity. It provides investors with techniques and strategies for profitable investing in an economic environment that most resembles today. Security Analysis: The Classic 1951 Edition features a far more contemporary focus on the wisdom and legitimacy of common stocks for individual investors. This essential addition to any investment library features: Graham and Dodd's original words and insights, unvarnished and still compelling Timeless methods for measuring asset values and cash flows, still a centerpiece of value investing worldwide Income statements and balance sheets moved to the front of the book for ease of use
This book was written to offer encouragement and basicinformation to the individual investor. Who knew it would gothrough thirty printings and sell more than one million copies? Asthis latest edition appears eleven years beyond the first, I'mconvinced that the same principles that helped me perform well atthe Fidelity Magellan Fund still apply to investing in stockstoday. It's been a remarkable stretch since One Up on Wall Street hit thebookstores in 1989. I left Magellan in May, 1990, and pundits saidit was a brilliant move. They congratulated me for getting out atthe right time -- just before the collapse of the great bullmarket. For the moment, the pessimists looked smart. The country'smajor banks flirted with insolvency, and a few went belly up. Byearly fall, war was brewing in Iraq. Stocks suffered one of theirworst declines in recent memory. But then the war was won, thebanking system survived, and stocks rebounded. Some rebound! The Dow is up more than fourfold since October, 1990,from the 2,400 lev
Somewhat controversially, Gad makes the point that value and growth investing are much more similar than most investors think -- value investors look for growth in the companies in which they invest. He then walks readers through the pitfalls that most investors fall victim too -- most of which involve not really understanding the margin of safety and how it is applied. Gad sets the stage by presenting the core value framework for beginning to advanced investors and money managers. With the backdrop of evaluating businesses (and not stocks), The Business of Value Investing introduces a blueprint to successful value investing with a focus on six key Buffett strategies. These essential points are presented and backed up with real-world case studies.
In The Little Book That Still Beats the Market, JoelGreenblatt expands the successful strategy from the originalbestseller to show investors how to profit in any market. Throughentertaining anecdotes and practical pearls of wisdom, the bookexplores the basic principles of successful stock market investingand then reveals a magic formula that makes buying good companiesat bargain prices automatic. It also ties into Greenblatt's latesteffort that allows investors to either manage their own accounts orhave their accounts professionally managed by someone onGreenblatt's team. Either way, the magic formula still holds: thenew web site just makes it that much easier. For example, if aninvestor chooses to manage his or her own account, a list of magicformula stocks is provided from which to pick with a click of abutton, and alerts are sent automatically when it is time toconsider selling a security. The formula has been tested over hundreds of different periodsand thousads of stock picks and has been pr
Marquee private equity firms such as Blackstone Group, CarlyleGroup, and Kohlberg Kravis Roberts have grown bigger and morepowerful than ever. They have also become the nation's largestemployers through the businesses they own. Journalist Josh Kosmanexplores private equity's explosive growth and shows how its baronswring profits at the expense of the long-term health of theircompanies. He argues that excessive debt and mismanagement willlikely trigger another economic meltdown within the next fiveyears, wiping out up to two million jobs. He also explores the links between the private equity elite andWashington power players, who have helped them escape governmentscrutiny. The result is a timely book with an important warning forus all.