The art of value investing : how the world's best investors beat the market / John Heins, Whitney Tilson.

Format:

Book

Author/Creator:

Heins, John.

Contributor:

Tilson, Whitney, 1966-

Series:

Wiley Finance

Wiley finance series

Language:

English

Subjects (All):

Investments.

Investment analysis.

Physical Description:

1 online resource (336 p.)

Place of Publication:

Hoboken, N.J. : John Wiley & Sons, Inc., 2013.

Language Note:

English

Summary:

Says Bill Ackman of Pershing Square Capital Management about The Art of Value Investing: ""I learned the investment business largely from the work and thinking of other investors. The Art of Value Investing is a thoughtfully organized compilation of some of the best investment insights I have ever read. Read this book with care. It will be one of the highest-return investments you will ever make."" Based on interviews with the world's most-successful value investors, The Art of Value Investing offers a comprehensive set of answers to the questions every equ

Contents:

The Art of Value Investing; Contents; Introduction; Chapter 1 ""All Sensible Investing Is Value Investing""; What It Means to Be a Value Investor; Does Quality Matter?; The Value of Growth; The Value Mindset; Part One Field of Play; Chapter 2 Circle of Competence; The Right Size; Industry Preference; Where in the World?; Chapter 3 Deficient Market Hypothesis; The Human Element; It's a Matter of Time; Chapter 4 Fertile Ground; In Search of Uncertainty; Special Situations; Operating Turnarounds; Chapter 5 Generating Ideas; Behind the Screen; Follow the Lead; Reliable Sources

Part Two Building the CaseChapter 6 Cutting Through the Noise; Second-Level Thinking; Macro versus Micro; Business First; What Quality Means; Crunching the Numbers; What Could Go Wrong?; From the Top; How Important Is Management?; Handicapping the Jockeys; Red Flags; Catalysts; Getting It Done; Organizing Principles; Chapter 7 Getting to Yes; Cash (Flow) Is King; Multiple Angles; The Informed Buyer; Model Behavior; Playing the Odds; Theories of Relativity; Pulling the Trigger; Part Three Active Management; Chapter 8 The Portfolio; Concentration versus Diversification; The Size That Fits

Cognizance of CorrelationChapter 9 Playing the Hand; Trading Mentality; Dealing with Adversity; Taking a Stand; Attracting Activists' Attention; Chapter 10 Guarding Against Risk; Margin of Safety; Building a Position; Cash Management; Midas Touch; Hedging Bets; To Short or Not to Short?; Value Destroyers; Portfolio Hedging; Is Shorting Inherently Evil?; Chapter 11 Making the Sale; Why to Sell; Selling by the Numbers; Getting the Timing Right; Sale Process; Part Four Of Sound Mind; Chapter 12 Of Sound Mind; Competitive Spirit; Independent Thought; Perpetual Student; To Err Is Human

Be Ever So HumbleThe Final Word; About the Authors; Index

Notes:

Includes index.

ISBN:

9781118233962

1118233964

9781119205685

1119205689

9781299475489

1299475485

9781118220290

1118220293