Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors - Rilegato

Benello, Allen C.

Rilegato

ISBN 10: 1119012023 ISBN 13: 9781119012023

Casa editrice: Wiley, 2016

Riassunto

Discover the secrets of the world's top concentrated value investors

Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors chronicles the virtually unknown—but wildly successful—value investors who have regularly and spectacularly blown away the results of even the world's top fund managers. Sharing the insights of these top value investors, expert author Michael van Biema unveils the strategies that make concentrated value investing incredibly profitable, while at the same time showing how to mitigate risk over time. Highlighting the history and approaches of four top value investors, Biema tells the fascinating story of the investors who dare to tread where few others have, and the wildly-successful track records that have resulted.

Turning the notion of diversification on its head, concentrated value investors pick a small group of undervalued stocks and hold onto them through even the lean years. The approach has been championed by Warren Buffett, the best known value investor of our time, but a small group of lesser-known investors has also used this approach to achieve outstanding returns.

• Discover the success of Lou Simpson, a former GEICO investment manager and eventual successor to Warren Buffett at Berkshire Hathaway
• Read about Kristian Siem, described as "Norway's Warren Buffett," and the success he has had at Siem Industries
• Find out how Richard Chandler turned $15 million into $5 billion without ever managing a single penny of other people's money
• Get the details of Leucadia National Corporation and the two men—Ian Cumming and Joe Steinberg—who turned it into a powerhouse of concentrated value investing

Concentrated Investing will quickly have you re-thinking the conventional wisdom related to diversification and learning from the top concentrated value investors the world has never heard of.

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Informazioni sull?autore

ALLEN C. BENELLO, CFA, is the Chairman of White River Investment Partners, LLC, a private investment firm in San Francisco.

MICHAEL VAN BIEMA is the founder and man- aging principal of van Biema Value Partners, LLC, and coauthor of Value Investing.

TOBIAS E. CARLISLE is the founder of Eyquem Investment Management, manager of the Eyquem Global Value Fund and the Eyquem Fund, and the author of the greenbackd.com blog.

Dalla quarta di copertina

DISCOVER THE SECRETS OF THE WORLD'S TOP CONCENTRATED VALUE INVESTORS

Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors chronicles the virtually unknown?but wildly successful?value investors who have regularly and spectacularly blown away results by top fund managers. This first-of-its-kind perspective shares the insights of these little-known value investors and unveils the proven techniques and disciplined mind-sets that make concentrated value investing an incredibly profitable way to mitigate risk over time. A crafted collection of illuminating profiles, it gives you the inspiration and technical insight to look at managing your assets with a value-investor's eye by seeing:

• How the types of clients these super-investors had influenced their investing outcomes
• A sophisticated, multi-perspective look at the concept of concentrated risk and how each super-investor approached it
• In-depth examinations connecting the dots to reveal information not extensively covered in other resources

If the frenetic swings of algorithmic trading aren't giving you the returns you want, look to Concentrated Investing and rediscover value in the market.

Dal risvolto di copertina interno

If you've studied value investing, some of the names in this book may be familiar, but the majority probably won't be. Nonetheless, they are a who's who in concentrated value investing, each with their own unique story, skillset, and philosophies that have gained them tremendous wealth and accomplishment while flying below the radar?until now. Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors takes you inside the ledgers and playbooks of this select group of history's elite value investors to uncover their secrets for the new generation of wealth builders.

Turning the practice of diversification on its head, concentrated value investors purchase a small group of undervalued stocks and hold them through the highs and lows of the long term. You will read a lot about the juggernaut of value investing, Warren Buffett, who amassed the legendary Berkshire Hathaway with this approach. But this motivating book shows you he wasn't the first or only one. This eye-opening examination will have you re-thinking conventional wisdom on asset allocation and emulating such concentrated value investors as:

• Lou Simpson, a former GEICO investment manager whom Buffett has named "a cinch to be inducted into the investment hall of fame"
• Kristian Siem, who grew Siem Industries at twenty-two percent annually over the past twenty-five years by following two key principles
• Edward Thorp and the formula he trusted to risk $662.5 million on to collect just $2.5 million in a rare opportunity

Trends, momentum, volatility, and volume all change day to day and create opportunities to pick up the undervalued stocks that grow into fortunes, as you'll see in Concentrated Investing.

Dettagli dell?edizione

• Editore: Wiley
• Data di pubblicazione: 2016
• Lingua: Inglese
• ISBN 10: 1119012023
• ISBN 13: 9781119012023
• Rilegatura: Copertina rigida
• Numero di pagine: 256
• Contatto del produttore: non disponibile
• Persona responsabile: non disponibile