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    1. Ekonomi och Ledarskap
    2. Företagsekonomi
    3. Redovisning och finansiering

    Value Investors

    Lessons from the World's Top Fund Managers

    AvRonald Chan

    Inbunden, Engelska, 2021

    388 kr

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    E-bok

    330 kr

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    E-bok

    423 kr

    E-bok

    423 kr

    Beskrivning

    The latest edition of the popular collection of in-depth portraits of extraordinary value investors, featuring new profiles and updatesThe second edition of The Value Investors presents a collection of investing legend profiles from around the world. Chapters explore the investors’ backgrounds, cultures, and personal stories, and reveal how life experiences have shaped their investment strategies and mindsets. This fascinating book shows you that value investing is a dynamic, constantly-changing strategy which, when properly implemented, can provide significant, sustainable benefits. Although the investors profiled come from a diverse range of geographic regions and socio-economic, cultural, and educational backgrounds, they share similar personality traits, temperaments, and investment philosophes.Thoroughly revised and expanded, the book provides relevant updates on the professional and personal experiences of the investors since the first edition's publication. Complementing the original profiles are several new chapters featuring established value investors including Howard Marks, as well as rising personalities and fund managers such as Álvaro Guzmán de Lázaro and Fernando Bernad Marrase. Author Ronald Chan, founder of Hong Kong-based investment management Chartwell Capital Limited, highlights how and why the value investors have consistently beaten the stock market through the years. This book: Covers multiple generations, geographies, and value investing stylesPresents updated profiles of notable value investors such as Walter Schloss, Irving Kahn and Thomas Kahn, Jean-Marie Eveillard, Mark Mobius, and Teng Ngiek LianProfiles international fund and asset managers from the North America, Europe and AsiaIncludes a chapter on the making of a successful value investorThe Value Investors: Lessons from the World's Top Fund Managers, 2nd Edition is a must-read for investors looking to diversify their portfolios across different asset classes or geographic areas, finance professionals and students, and general readers with interest in value investing.

    Produktinformation

    • Utgivningsdatum:2021-04-05
    • Mått:150 x 221 x 33 mm
    • Vikt:454 g
    • Format:Inbunden
    • Språk:Engelska
    • Antal sidor:352
    • Upplaga:2
    • Förlag:John Wiley & Sons Inc
    • Medarbetare:BruceC. Greenwald
    • ISBN:9781119617068

    Utforska kategorier

    • Redovisning och finansiering inom Ekonomi och Ledarskap

    Mer om författaren

    RONALD W. CHAN is Chief Investment Officer of Chartwell Capital Limited, an investment management company based in Hong Kong. He is a frequent contributor to financial newspapers and magazines in the Asia-Pacific region, and is the author of Behind the Berkshire Hathaway Curtain: Lessons from Warren Buffett’s Top Business Leaders. He holds Bachelor of Science degrees in Finance and Accounting from the Stern School of Business at New York University.

    Innehållsförteckning

    • Foreword xiiiPreface xvChapter 1 Master of the Market Cycle 1Howard Marks, Oaktree Capital ManagementFrom Equity to Credit 6A Priority on Avoiding Losses 10The Pendulum Swing 14The Negative Art of Investing 17Nobody Knows 20Chapter 2 Free to Choose in Value Land 24Walter Schloss, Walter & Edwin Schloss AssociatesLiving through the Great Depression 28The Meaning of Survival 31Net-Nets 32Setting the Right Pace 36Know Thyself 39Chapter 3 Once Upon a Time on Wall Street 42Irving Kahn, Kahn Brothers GroupBecoming Graham’s Disciple 48Preaching Value 51A Centenarian Diet 56Chapter 4 The Making of a Contrarian 59Thomas Kahn, Kahn Brothers GroupA Modified Graham Approach 64The Case for Obscure Securities 69Market Reflection 72Chapter 5 On the Shoulders of Value Giants 75William Browne, Tweedy, Browne CompanyA Valuable Detour 81Statistics and Beyond 82Setting a Global Standard 85The Social Science of Investing 88The Market Ahead 91Chapter 6 A Journey to the Center of Value 94Jean-Marie Eveillard, First Eagle FundsValley of Tears 99The Inefficient Market 101The Meaning of Value 105The Courage to Say No 108Seeking Protection 110Chapter 7 The Self-Taught Value Spaniard 114Francisco García Paramés, Cobas Asset ManagementOn a Solo Value Hunt 119Investing Made Simple 122Austrian Economics and the Market 125A Global Rebalancing 129Chapter 8 The Law of Value Attraction 133Álvaro Guzmán de Lázaro and Fernando Bernad Marrase, AzValor Asset ManagementA Value Cross-Path 137A Value Reunion 141The Art of Concentration 144The A to Z of Value 148Chapter 9 The Odyssey of a Value Broker 151Philip Best, Quaero Capital S.A.Establishing the Best Contacts 157Acquiring the Best Techniques 162Investing Off the Beaten Path 164A Sustainable Investment Platform 168Chapter 10 The Income-Conscious Englishman 173Anthony Nutt, Jupiter Asset ManagementA Victorian Mindset 178Finding the Right Investment Culture 181Trusting Only Tangible Income 184The Courage to Keep Going 188Chapter 11 The Frequent Value Traveler 190Mark Mobius, Mobius Capital PartnersReading between the Minds 195Thinking Big and Small 197Trouble is Opportunity 200Feeling the Market 205Chapter 12 The Value-Oriented Businessman 208Teng Ngiek Lian, Target Asset ManagementLearning the Numbers 211The Art of Contrary Thinking 214Targeting Good Businesses in Asia 217The Relativity of Valuation 219A Value Lifestyle 222Chapter 13 Value Investing in the Lost Decade 225Shuhei Abe, SPARX GroupA Musical Beginning 230Breaking the Language Barrier 232Learning from the West 232The Evolution of SPARX 235Building a Westernized Asia 238Searching for Value 239Chapter 14 Eternal Sunshine of the Value Mind 243V-Nee Yeh, Value Partners GroupA Multidisciplinary Path 246Seeking a Comfortable Price 250Finding a Value Partner 251Spotting Value Minds 255Becoming a Man of Value 257Chapter 15 The Formless Value Deal Maker 260Kin Chan, Argyle Street Management Ltd.Navigating in the Slum 266Specializing in Distressed Investing 269An Atypical Investment Structure 271The Rise of the “Can’t Do” Spirit 276Chapter 16 The Accidental Value Investor 279Cheah Cheng Hye, Value Partners GroupStarting an Investment Hobby Shop 286Building a Value Temple 288An Industrialized Process 291A Value March Forward 295Chapter 17 The Making of a Value Investor 298Investment Stewardship 301Intellectual Humility 303Developing Your Own Rhythm 306Be Unconventional 308The Balance Between Diversification and Concentration 309Temperament is Above All 311Acknowledgments 313About the Author 316Index 317