101⁄2 Lessons from Experience

101⁄2 Lessons from Experience PDF Author: Paul Marshall
Publisher: Serpent's Tail
ISBN: 1782837892
Category : Business & Economics
Languages : en
Pages : 81

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Book Description
In 101⁄2 Lessons from Experience, Paul Marshall distils the experience of 35 years of investing, including over 20 years at Marshall Wace, the global equity hedge fund partnership. He describes the disconnect between academic theory and market practice, in particular the reality and persistence of 'skill' - the continuing ability of the best practitioners to beat the market. But he also underscores the prevalence of uncertainty and human fallibility, showing how a successful investment management business must steer a path which recognises both the persistence of skill and the pitfalls of cognitive bias, human fallibility and hubris.

101⁄2 Lessons from Experience

101⁄2 Lessons from Experience PDF Author: Paul Marshall
Publisher: Serpent's Tail
ISBN: 1782837892
Category : Business & Economics
Languages : en
Pages : 81

Get Book Here

Book Description
In 101⁄2 Lessons from Experience, Paul Marshall distils the experience of 35 years of investing, including over 20 years at Marshall Wace, the global equity hedge fund partnership. He describes the disconnect between academic theory and market practice, in particular the reality and persistence of 'skill' - the continuing ability of the best practitioners to beat the market. But he also underscores the prevalence of uncertainty and human fallibility, showing how a successful investment management business must steer a path which recognises both the persistence of skill and the pitfalls of cognitive bias, human fallibility and hubris.

Investing Against the Tide

Investing Against the Tide PDF Author: Anthony Bolton
Publisher: Pearson UK
ISBN: 027374707X
Category : Business & Economics
Languages : en
Pages : 168

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Book Description
This authoritative and accessible investment classic promises rare insight into what it really takes to run money in a top-performing investment fund. Anthony Bolton, the UK’s most successful stock market investor, tells the story of his contrarian approach to managing money. He provides invaluable lessons on the factors that really matter in picking a stock: the need to identify good managers, how to run a portfolio, the importance of value investing, reading charts and how to trade successfully. It’s not easy to continually buy low and sell high. This book gives clear directions for doing well in the stock market, and doing well consistently. Investing Against the Tide shows you how to make the right decisions at the right time. Anthony Bolton is considered the UK’s most successful stock market investor and fund manager. Over twenty five years he delivered a market-beating return of 20% in his Fidelity Special Situations Fund. How did he do it, and what can you learn from him? In Investing Against the Tide, Anthony Bolton tells the story of his contrarian approach to managing money. He provides invaluable lessons on the factors that really matter when investing: how to pick a stock, the need to identify good managers, how to run a portfolio, the importance of value investing, reading charts and how to trade successfully. In this account of financial accomplishment, Bolton reveals the secrets of his success. It’s not easy constantly to buy low and sell high and this book gives clear directions for doing well in the stock market, and doing well consistently. Chapter by chapter Investing Against the Tide shows you how to make the right decisions at the right time and featured key lessons show you how you really can learn from a life running money. Investing Against the Tideis an authoritative guide for investment professionals, offering them a rare insight into what it really takes to run money in a top-performing fund, as well as providing amateur investors the chance to learn the stock-picking strategies from a leading money-manager. About the author Anthony Bolton left Cambridge University with a degree in engineering to begin a career in the City. He started as a graduate trainee working for Keyser Ullmann in 1971 before taking up a full time position as an assistant in their investment department. In 1976 he moved to Schlesingers where he became, for the first time, an investment manager. In 1979, aged 29, he was recruited by Fidelity, the international fund management group, as one of its first London-based investment managers, a move that proved to be the launch of a long and successful career. In surveys of professional investors, he is regularly voted the fund manager most respected by his peers. He retired from full-time investment management at the end of 2007, but continues to work at Fidelity as a mentor of the analysts and younger fund managers as well as being involved in overseeing Fidelity’s investment process. His hobby is composing classical music. Anthony Bolton is married with three children and lives in West Sussex.

The Psychology of Money

The Psychology of Money PDF Author: Morgan Housel
Publisher: Harriman House Limited
ISBN: 085719769X
Category : Business & Economics
Languages : en
Pages : 209

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Book Description
Doing well with money isn’t necessarily about what you know. It’s about how you behave. And behavior is hard to teach, even to really smart people. Money—investing, personal finance, and business decisions—is typically taught as a math-based field, where data and formulas tell us exactly what to do. But in the real world people don’t make financial decisions on a spreadsheet. They make them at the dinner table, or in a meeting room, where personal history, your own unique view of the world, ego, pride, marketing, and odd incentives are scrambled together. In The Psychology of Money, award-winning author Morgan Housel shares 19 short stories exploring the strange ways people think about money and teaches you how to make better sense of one of life’s most important topics.

Five Key Lessons from Top Money Managers - Chapter Three Custom Reprint

Five Key Lessons from Top Money Managers - Chapter Three Custom Reprint PDF Author: Kays
Publisher:
ISBN: 9780471785293
Category :
Languages : en
Pages : 32

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Book Description
Praise for Five Key Lessons from Top Money Managers "This book can help you implement and hone a successful investing strategy. Kays distills the strategies of some of the market's best thinkers and shows you how you can put their ideas to work for yourself. Novices and pros alike will find much of value here." -Don Phillips, Managing Director, Morningstar, Inc. "It is rare to find a book like this that is both advantageous for the adept, well-seasoned money manager as well as amateur investors seeking to build their own personal investment philosophies. Kays continues to prove his proficiency in financial insights with the analyses in this book." -Gene W. Henssler, PhD, President and CIO of The Henssler Financial Group Portfolio Comanager of The Henssler Equity Fund "An interesting, informative, and understandable book on investing that is ideal for both the novice and advanced investor. Kays provides a process for evaluating securities that every serious investor should be aware of if they want to improve their investing abilities." -Billy M. Williams, Chairman and founder of National Association of Investors Corporation (NAIC), Atlanta Chapter "Reading this book is like having a private audience with some of the best investment managers in the country. A practical how-to guide for developing a winning investment process." -Peter C. Speros, CFPr, Managing Director, Sullivan, Bruyette, Speros & Blayney, Inc. "A serious book for serious investors that deserves shelf space in your library. Read it and profit. You'll be a MUCH better investor." -Harold Evensky, Chairman, Evensky & Katz

How to Make Money in Stocks: A Winning System in Good Times or Bad

How to Make Money in Stocks: A Winning System in Good Times or Bad PDF Author: William J. O'Neil
Publisher: McGraw Hill Professional
ISBN: 007139480X
Category : Business & Economics
Languages : en
Pages : 282

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Book Description
William J. O'Neil's proven investment advice has earned him millions of loyal followers. And his signature bestseller, How to Make Money in Stocks, contains all the guidance readers need on the entire investment processfrom picking a broker to diversifying a portfolio to making a million in mutual funds. For self-directed investors of all ages and expertise, William J. O'Neil's proven CAN SLIM investment strategy is helping those who follow O'Neil to select winning stocks and create a more powerful portfolio. Based on a 40-year study of the most successful stocks of all time, CAN SLIM is an easy-to-use tool for picking the winners and reducing risk in today's volatile economic environment.

Payback Time

Payback Time PDF Author: Phil Town
Publisher: Crown Currency
ISBN: 0307461882
Category : Business & Economics
Languages : en
Pages : 290

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Book Description
Don’t get mad, get even… Phil Town’s first book, the #1 New York Times bestseller Rule #1, was a guide to stock trading for people who believe they lack the knowledge to trade. But because many people aren’t ready to go from mutual funds directly into trading without understanding investing—for the long term – he created Payback Time. Too often, people see long-term investing as “mutual fund contributing” – otherwise known as “long-term hoping.” But the sad truth is that mutual fund investors are, to a stunning degree, pinning their hopes on an institution that is hopeless. It turns out that only 4% of fund managers consistently beat the S&P 500 index over the long term, which means that 96% of fund investors see a smaller return on their nest egg than a chimpanzee who simply buys stocks in the 500 biggest companies in America and watches what happens. But it’s worse than that. The net effect of hitching your wagon to mutual funds is that over a lifetime they’ll fritter away as much 60% of your nest egg in fees. Once you understand how funds engineer this, you’ll rush to invest on your own. Payback Time’s risk-free approach is called “stockpiling” and it’s how billionaires get rich in bad markets. It’s a set of rules for investing (not trading but investing) in the right businesses at the right time -- rules that will ensure you make the big money.

Fresh Perspectives: Business management: UJ Custom Publication

Fresh Perspectives: Business management: UJ Custom Publication PDF Author:
Publisher: Pearson South Africa
ISBN: 9781770253230
Category : Industrial management
Languages : en
Pages : 520

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Book Description


A Trader's Money Management System

A Trader's Money Management System PDF Author: Bennett A. McDowell
Publisher: John Wiley & Sons
ISBN: 0470428597
Category : Business & Economics
Languages : en
Pages : 228

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Book Description
Money management may very well be the most important piece of the trading puzzle. In A Trader's Money Management System, expert Bennett McDowell provides time-tested techniques that can turn a losing trader into a winning one?and take the winning trader to an entirely new level. In revealing his personal approach to staying out of trouble in the financial markets and maximizing profits, he offers comprehensive insights into: The psychology of risk control as well as the finer aspects of setting stop-loss exits The value of managing trade size and consistent record keeping The process of putting together your own personal money management system Unlike other books that focus on the complex mathematical theories behind money management, this book presents its system in straightforward, easy-to-understand terms that will allow you to quickly see how these concepts work and immediately benefit from the value of effectively managing risk.

The Little Book of Main Street Money

The Little Book of Main Street Money PDF Author: Jonathan Clements
Publisher: John Wiley & Sons
ISBN: 0470473231
Category : Business & Economics
Languages : en
Pages : 224

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Book Description
"A gem from one of the most brilliant minds in personal finance." Ben Stein, author, actor, TV personality, and New York Times columnist In a financial world gone mad, you still need to manage your money, put your kids through college, and save for retirement. To the rescue comes Jonathan Clements with 21 easy-to-follow rules to help you secure your financial future. Clements has spent a quarter century demystifying Wall Street for ordinary, real people on Main Street, including more than thirteen years as the Wall Street Journal's hugely popular personal-finance columnist. In The Little Book of Main Street Money, Clements brings us back to basics, with commonsense suggestions for intelligent money management. Chock-full of financial guidance that will stand up in any market, the book also reflects a financial philosophy that Clements has developed over a lifetime of watching Wall Street and writing about money and that is even more important in the current volatile market. From the big picture (home, retirement, financial happiness) to the micro (taxes, inflation, investment costs), he offers clear-cut advice for taking control of your financial life, detailing the strategies needed to thrive in today's tough economic times. The 21 truths outlined throughout this book are a guiding light for everyone, young and old, whether starting out or soon retiring. Each chapter reads like a Clements column clear, pithy, and feisty. From the obvious to the counterintuitive, the truths will bolster your returns, cut your costs, and give you financial peace of mind. Collectively, the 21 truths show you how to think about your entire financial life not just stocks and bonds, but your home, your debts, your financial promises to your children, your income-earning ability, and so much more. They will help you not only survive today's treacherous financial terrain, but also prepare you for success tomorrow. Renowned for his spirited writing and shrewd investment guidance, Clements is the sane voice investors need to stay grounded in the midst of so much financial insanity.

Die with Zero

Die with Zero PDF Author: Bill Perkins
Publisher: Mariner Books
ISBN: 0358099765
Category : Business & Economics
Languages : en
Pages : 243

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Book Description
"A startling new philosophy and practical guide to getting the most out of your money-and out of life-for those who value memorable experiences as much as their earnings"--