Value Investing has been pioneered and is used by the world'smost famous investors, including Warren Buffett, Ben Graham, JohnTempleton, Joel Greenblatt, Bruce Greenwald and many more. Itoffers tried and tested techniques to making money out of buyingunderpriced shares and securities. In this important new book, the highly respected andcontroversial value investor and behavioural analyst, James Montierexplains how value investing is the only tried and tested method ofdelivering sustainable long-term returns. This begs the questionwhy isn't everyone a value investor? In part, it is because valueinvesting requires a different mindset and the methods, approachand conclusions of value investing are very different from thosetaught in business schools and finance courses. In this book Jamesshares his tried and tested techniques and provides the latest andmost cutting edge tools and techniques you will need to deploy thevalue approach successfully. James shows you why everything you learnt at busi
Mergers and acquisitions represent a successful growthstrategy for many companies, but, while potentially profitable,M A transactions are complex and often risky. Covering thelatest trends, developments, and best practices for the post-Madoffera, this comprehensive, hands-on resource walks readers throughevery step of the process, offering practical advice for keepingdeals on track and ensuring postclosing integration success. Filledwith case studies and war stories illustrating what works and why,the third edition of "Mergers and Acquisitions from A to Z" offersvaluable tools, checklists, and sample documents, providing crucialguidance on: preparing for and initiating the deal; regulatoryconsiderations; due diligence; deal structure; valuation andpricing; and financing even during turbulent market conditions.M A transactions can quickly spell a company's doom if they arenot conceived and executed carefully, legally, and sensibly. Thisis the classic guide to mergers and acquisitions, now completelyupda
The Heretics of Finance provides extraordinary insight intoboth the art of technical analysis and the character of thesuccessful trader. Distinguished MIT professor Andrew W. Lo andresearcher Jasmina Hasahodzic interviewed thirteen highlysuccessful, award-winning market professionals who credit theirsubstantial achievements to technical analysis.The result is thestory of technical analysis in the words of the people who know itbest; the lively and candid interviews with these gurus oftechnical analysis. The first half of the book focuses on the technicians'careers: How and why they learned technical analysis What market conditions increase their chances of makingmistakes What their average workday is like To what extent trading controls their lives Whether they work on their own or with a team How their style of technical analysis is unique The second half concentrates on technical analysis andaddresses questions such as these: Did th
The first authoritative history of hedge funds-from their rebel beginnings to their role in defining the future of finance. Based on author Sebastian Mallaby's unprecedented access to the industry, including three hundred hours of interviews, More Money Than God tells the inside story of hedge funds, from their origins in the 1960s and 1970s to their role in the financial crisis of 2007- 2009. Wealthy, powerful, and potentially dangerous, hedge fund moguls have become the It Boys of twenty-first century capitalism. Ken Griffin of Citadel started out trading convertible bonds from his dorm room at Harvard. Julian Robertson staffed his hedge fund with college athletes half his age, then he flew them to various retreats in the Rockies and raced them up the mountains. Paul Tudor Jones posed for a magazine photograph next to a killer shark and happily declared that a 1929- style crash would be "total rock-and-roll" for him. Michael Steinhardt was capable of reducing underlings to sobs. "All I want to
A user-friendly guide to the tricky art of short selling Most investing books focus on when to buy and when to sell stocks. But often, selling short selling shares of a stock you don't yet own in the hope of buying it back at a lower price can be a key tool for survival in a volatile market. Selling short is a skill few investors have mastered. In such bestsellers as How to Make Money in Stocks, investing guru William O'Neil has helped individual investors master the basic principles of sound investing. Now he introduces ordinary investors to short selling. Filled with simple, straightforward guidance, helpful charts and examples, and a quick-take short-selling checklist, here is the real know-how readers need to successfully incorporate short selling into their investing strategy. William J. O'Neil (Los Angeles, CA) has distinguished himself as a champion of the individual investor by providing to the average investor innovative, sound, and effective tools and methods necessary for investment success.
Jesse Livermore was a loner, an individualist-and the most successful stock trader who ever lived. Written shortly before his death in 1940, How to Trade Stocks offered traders their first account of that famously tight-lipped operator's trading system. Written in Livermore's inimitable, no-nonsense style, it interweaves fascinating autobiographical and historical details with step-by-step guidance on: Reading market and stock behaviors;Analyzing leading sectors;Market timing;Money management;Emotional control. In this new edition of that classic, trader and top Livermore expert Richard Smitten sheds new light on Jesse Livermore's philosophy and methods. Drawing on Livermore's private papers and interviews with his family, Smitten provides priceless insights into the Livermore trading formula, along with tips on how to combine it with contemporary charting techniques. Also included is the Livermore Market Key, the first and still one of the most accurate methods of tracking and recording market pa
Use a master’s lost secret to pick growth companies bound forsuccess In 1948, legendary Columbia University professor BenjaminGraham bought a major stake in the Government Employees InsuranceCorporation. In a time when no one trusted the stock market, hechampioned value investing and helped introduce the world tointrinsic value. He had a powerful valuation formula. Now, in thisgroundbreaking book, long-term investing expert Fred Martin showsyou how to use value-investing principles to analyze and pickwinning growth-stock companies—just like Graham did when heacquired GEICO. Benjamin Graham and the Power of Growth Stocks isan advanced, hands-on guide for investors and executives who wantto find the best growth stocks, develop a solid portfolio strategy,and execute trades for maximum profitability and limited risk.Through conversational explanations, real-world case studies, andpragmatic formulas, it shows you step-by-step how this enlightenedtrading philosophy is successful. The secret lies in Graham’sv