Little Book of Sideways Markets

• Utgivningsdatum: 2010-12-07
• Mått: 137 x 179 x 24 mm
• Vikt: 291 g
• Format: Inbunden
• Språk: Engelska
• Serie: Little Books. Big Profits
• Antal sidor: 256
• Förlag: John Wiley & Sons Inc
• ISBN: 9780470932933

• Finansiering

VITALIY N. KATSENELSON, CFA, is Chief Investment Officer at Investment Management Associates. While his primary focus is on discovering undervalued companies for his clients, he is also known for his uncommon common sense, which he has regularly expressed in articles in the Financial Times, Barron's, Bloomberg Businessweek, the Christian Science Monitor, Institutional Investor, and the New York Post, among other outlets. He speaks frequently to investment groups around the world, and was most recently profiled in Barron's in September 2009. Previously, he was an adjunct faculty member at the University of Colorado Graduate School of Business, and he is also the author of Active Value Investing. To read articles Katsenelson has written over the years, visit ActiveValueInvesting.com

"This is a book you can understand and have fun with no matter what level of experience you have. Even advanced investors have to refresh themselves in the basics once in awhile. Read it...." (Financial Tides and Seeking Alpha)"This book isn't about market timing. It's about winning in a flat market — the sort of knowledge that can make you a lot of money. In his book, Katsenelson reminds us that investing returns come in three ways: more earnings, more dividends, or a higher price-to-earnings ratio. I'm a dividend guy, so Katsenelson had me when he declared that 'the importance of dividends quadruples in sideways markets, where they historically represent more than 90% of total return.' Amen, brother! There are a lot of 'little books' out there, but The Little Book of Sideways Markets offers excellent advice, reads easily, and will help you sidestep a potentially frustrating market."(Motley Fool)"Offers guidance on the discipline of selecting stocks, as well as wisdom on the challenges of knowing when to sell. Does a masterful job of taking a highly technical subject and explaining it in easily understood terms. His explanation of discounted cash flow analysis to determine the right price for buying an asset is the best, and the most entertaining." (NAPFA Advisor)"Thoroughly enjoyable. . . for the thoughtful and often entertaining way in which it is delivered. . . Katsenelson takes his reader step by step into the mind of the value investor by relating, in a fictional addendum to Fiddler on the Roof, the story of Tevye's purchase of Golde, the cow. He also describes his own big-time gambling evening (he was willing to lose a maximum of $40) and that of a half-drunken, rowdy fellow blackjack player to stress the importance of process. He then moves on to the fundamental principles of active value investing. What differentiates this book from so many others on value investing is that it describes, sometimes through the use of case studies, the thinking of a value investor. Not just his models or his metrics but his assessments. Katsenelson is an empiricist who weighs facts, looks for contraindications, and makes decisions. He makes value investing come alive. This may be a little book, but it's packed with insights for both novices and experienced investors. And it is a delight to read." (Seeking Alpha)"... thoroughly enjoyable, easy-to-read ... makes value investing come alive...packed with insights for both novices and experienced investors...a delight to read." (UK-Analyst.com)"A thoroughly enjoyable read.... Useful to everyone." (Bullfax.com)

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