Defensive Value Investor:A Complete Step-By-Step Guide to Building a High-Yield, Low-Risk Share Portfolio John Kingham
Defensive Value Investor:A complete step-by-step guide to building a high-yield, low-risk share portfolio John Kingham
Find out About the Psychology of Investing in a Fraction of the Time It Takes to Read the Actual Book! This book announces early on that its purpose is to help an average person adopt and carry out an investment policy. Rather than focusing on analyzing securities, the book devotes itself to explaining investment principles and attitudes. Its history of republication and new editions certainly secures its place as a worthwhile listen for any serious investor. The fourth edition´s preface by Warren Buffett, in which he claims that this is the best investment book he has read, does not hurt either. In the introduction Benjamin Graham explains that the book presents principles for intelligent investing while warning that there are no foolproof ways to make money. He names two types of investors: the defensive and the enterprising. The defensive investor is passive; his chief purpose is to avoid making serious mistakes or losses while also putting in less effort and making less frequent decisions. The enterprising investor is active or even aggressive; he is more than willing to devote time and energy to selecting securities that are stable and more attractive than average. Graham explains that the enterprising investor may expect better returns for his extra effort over the course of a few decades, but Graham doubts that substantial gain is guaranteed for that investor. He also details examples of how investment professionals, the experts, can and have been wrong. For instance, many investment companies favored airline stocks because they foresaw the number of travelers rising; the premise for their faith in these stocks was true - the number of frequent fliers did rise. However, the airlines themselves struggled to be profitable. 1. Language: English. Narrator: Paul Dandridge. Audio sample: http://samples.audible.de/bk/acx0/057693/bk_acx0_057693_sample.mp3. Digital audiobook in aax.
The Intelligent Investor: The Definitive Book on Value Investing by Benjamin Graham, with commentary by Jason Zweig, is a thorough guide to the principles of portfolio creation, cost management, stock and bond picking, and stock ownership for the defensive, long-term investor.... Please note: These are key takeaways and an analysis of the book, not the original book. Inside this Instaread of The Intelligent Investor: Overview of the book Important people Key takeaways Analysis of key takeaways About the author: With Instaread, you can get the key takeaways and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways, and analyze them for your convenience. 1. Language: English. Narrator: Michael Gilboe. Audio sample: http://samples.audible.de/bk/acx0/045899/bk_acx0_045899_sample.mp3. Digital audiobook in aax.
Howard Marks, the chairman and cofounder of Oaktree Capital Management, is renowned for his insightful assessments of market opportunity and risk. After four decades spent ascending to the top of the investment management profession, he is today sought out by the world´s leading value investors, and his client memos brim with insightful commentary and a time-tested, fundamental philosophy. Now for the first time, all listeners can benefit from Marks´s wisdom, concentrated into a single volume that speaks to both the amateur and seasoned investor. Informed by a lifetime of experience and study, The Most Important Thing explains the keys to successful investment and the pitfalls that can destroy capital or ruin a career. Using passages from his memos to illustrate his ideas, Marks teaches by example, detailing the development of an investment philosophy that fully acknowledges the complexities of investing and the perils of the financial world. Brilliantly applying insight to today´s volatile markets, Marks offers a volume that is part memoir, part creed, with a number of broad takeaways. Marks expounds on such concepts as ´´second-level thinking´´, the price/value relationship, patient opportunism, and defensive investing. Frankly and honestly assessing his own decisions - and occasional missteps - he provides valuable lessons for critical thinking, risk assessment, and investment strategy. Encouraging investors to be ´´contrarian´´, Marks wisely judges market cycles and achieves returns through aggressive yet measured action. Which element is the most essential? Successful investing requires thoughtful attention to many separate aspects, and each of Marks´s subjects proves to be the most important thing. PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your My Library section along with the audio. 1. Language: English. Narrator: John FitzGibbon. Audio sample: http://samples.audible.de/bk/adbl/004006/bk_adbl_004006_sample.mp3. Digital audiobook in aax.
The highly anticipated ´´sequel´´ to one of our bestselling trading guides Building on the success of Alan S. Farley´s first book, ´´The Master Swing Trader,´´ this essential guide shows how to apply winning strategies to today´s market. Traders and investors who have taken a beating by recent events will learn how to find new market opportunities with reduced risk. A prescription for prospering in today´s economy, ´´The Master Swing Trader Toolkit´´ places sharp focus on ´´defensive trading,´´ which includes but is not limited to post-crash strategies.
In May of 2011, Columbia Business School Publishing published Howard Markss The Most Important Thing. Distilling the wisdom of Markss celebrated client memos into a single volume and, for the first time, making his time-tested investing philosophy available to general readers, the book was widely acclaimed by professional, casual, aspiring, and armchair investorsand became a business bestseller. Columbia Business School Publishing is announcing an innovative digital edition with a print version of Markss volume that allows readers to read the authors words alongside the comments, insights, and counterpoints of four renowned investors and investment educators: Christopher C. Davis (Davis Funds), Joel Greenblatt (Gotham Capital), Paul Johnson (Nicusa Capital), and Seth A. Klarman (Baupost Group). These experts lend insight into such concepts as second-level thinking, the price/value relationship, patient opportunism, and defensive investing. Marks also adds his own annotations, expanding on the books original themes and issues.
Become a magnet for prosperity simply by adopting the psychology of the mega-rich! You don´t have to sell your soul to be rich. Nor do you have to sacrifice your relationships in order to build wealth. You don´t even have to scrimp and save! Sure, you can get wealthy that way - but it´s no fun! Fabulously wealthy people have a much better strategy for having it all: money, harmonious relationships, the right connections, the right opportunities, and more. It´s not so much that they do things differently; it´s that they have a different psychology. Now you can get the tools you need so that you can replicate this psychology and achieve wealth beyond your wildest dreams, in Wealth Magnet: Principles of Wealth Attraction. This is breakthrough information that´s tested and measured - a system that can be applied by anyone. For instance, when Dolf de Roos, a successful real estate investor and author of the Wealth Magnet began teaching his real estate students the foundational beliefs that all rich people share, his student´s success rate went from 5 percent to over 80 percent! Now, in Wealth Magnet, you can apply this same knowledge to grow rich in any field. For example, you´ll learn: Why it´s crucial to get rid of destructive beliefs like ´´Money is the root of all evil,´´ ´´Money can´t buy you happiness,´´ and ´´Rich people get wealthy at the expense of the poor,´´ and replace them with empowering beliefs like ´´Money gives me choices´´, ´´I will make a ton of money, have fun doing it, and be generous with it´´. The critical difference between an abundance mentality and a scarcity mentality- and how to develop and apply an abundance mentality right away. Why scrimping and saving is a ´´defensive´´ strategy to grow wealth - and why it´s much better to expand your opportunities and create wealth in abundance. How your newfound ´´millionaire mindset´´ will make ever 1. Language: English. Narrator: Dolf De Roos. Audio sample: http://samples.audible.de/bk/ntgl/000422/bk_ntgl_000422_sample.mp3. Digital audiobook in aax.