Brandes on Value: The Independent Investor (Business Books)
| Author | : | |
| Rating | : | 4.47 (759 Votes) |
| Asin | : | B00O2A7IKY |
| Format Type | : | |
| Number of Pages | : | 366 Pages |
| Publish Date | : | 2017-01-15 |
| Language | : | English |
DESCRIPTION:
Five Stars A very interesting book on long term investing. Well written and very accessible.. "This books provides a practical application of Benjamin Graham's investment" according to Keith. This books provides a practical application of Benjamin Graham's investment philosophy and investment techniques by a Value Money Manager.. Two Stars A basic book at best only suitable for someone with a rudimentary understanding of investing.
Value investing isn't for everyone. Anyone can stumble onto bargains. Like practically everything in life, however, you can't know for sure until you’ve tried it and seen how, where, and especially when value investing can get results. But knowing whether the companies behind the cheapest stocks and bonds are the genuine articles for the long run is part science and part judgment.Brandes on Value is your opportunity to experience both sides of the equation. It also answers "how come" and "how now" in the modern investment world--one that is too often distracted by short-term thinking and short-lived trends.ON MARKET CYCLES and how boom-and-bust speculation lays the foundation for value investing opportunities that are often hidden in plain sight.ON INVESTOR PSYCHOLOGY and why behavioral biases work against the average investor and in favor of the patient, persistent value strategist.ON PRODUCT TRENDS and the trappings of old ineffective investments constantly repackaged into new ones.ON "MR. From the time-tested Graham-and-Dodd fundamentals introduced in the 1930s to the contemporary lessons of Japan's lost decades, the financial crisis of 2008-2009 and the rapid globalization of the investment arena, Brandes on Value is a modern take on a classic approach to a timeless discipline.Through real-world examples and time-tested perspectives on classic Graham-and-Dodd principles, Brandes on Value: The Independent
That is, if you're going to succeed at value investing over the long run, the opportunities are usually found where the flock doesn't fly.Brandes on Value is about this independent journey, not just for Charles Brandes, but for the many investors who attribute their success to the unwavering pursuit of value principles.. From the Back Cover"If you're not different in the way you think from the majority, it's harder to be successful." -- From Chapter 5Most people love a bargain. The allure of the "quick fix" from ETFs, alternatives, commodities, quant, risk-on risk-off, IPOs, and private equity certainly captures the investor's imagination more than l
Brandes often puts it, "changed my life."Following this sage advice, Mr. CHARLES BRANDES is the founder and Chairman of Brandes Investment Partners, L.P., and also a member of the firm's Investment Oversight Committee. Since he founded his eponymous firm, Brandes has never wavered from this straightforward Graham-and-Dodd approach, building portfolios one company at a time through the firm's equity and fixed-income strategies to help