Superinvestors : Lessons from the greatest investors in history - from Jesse Livermore to Warren Buffett and beyond / Matthew Partridge.

Format:

Book

Author/Creator:

Partridge, Matthew (Financial journalist), author.

Language:

English

Subjects (All):

Capitalists and financiers--Biography.

Capitalists and financiers.

Individual investors--Attitudes.

Individual investors.

Investments.

Physical Description:

1 online resource (156 pages)

Edition:

First edition.

Place of Publication:

La Vergne : Harriman House, 2017.

Summary:

The ultimate guide to history's greatest ever investors Superinvestors lays bare the investing secrets of legendary investors - from early 20th-century figures such as Benjamin Graham and John Maynard Keynes, through to more modern names such as Anthony Bolton and Warren Buffett.Listen to a sample of the audiobook version of Superinvestors. The investors have been picked for a variety of criteria, including their investing excellence, the different ways in which they have made money - and above all for what they can teach individual investors.A wide range of investment styles are represented, ranging from David Ricardo (who made a fortune by correctly predicting the outcome of the Battle of Waterloo), to the patient value-orientated approach of Warren Buffett. The book also looks at some important innovators, including John Bogle and his development of index funds as a low-cost way of getting exposure to the market, and Edward O. Thorp and his data-driven approach which aims to avoid human emotion.The book looks at each of the investors' careers in depth. This includes their background, the strategies used to beat their peers, and an honest evaluation of their success, using a special star-rating system. Naturally, the main focus is on their best investments. However, sometimes failures can be extremely instructive - so the book also looks at those investments that didn't quite go to plan. Finally, each chapter concludes by detailing the lessons that ordinary investors can learn from the superinvestor.The result is a treasure trove of success stories, cautionary tales, legendary stock picks and world-beating strategies that will fascinate and inspire investors of every level. The audiobook version of the book has been created in collaboration with ShareRadio - Intelligent talk about money & investment Featuring: Jesse Livermore, David Ricardo, George Soros, Michael Steinhardt, Benjamin Graham, Warren Buffett, Anthony Bolton, Neil Woodford, Philip Fisher, T. Rowe Price, Peter Lynch, Nick Train, Georges Doriot, Eugene Kleiner and Tom Perkins, John Templeton, Robert W. Wilson, Edward O. Thorp, John Maynard Keynes, Jack Bogle, Paul Samuelson

Contents:

Intro

Contents

About the Author

Foreword - by Clive Moffatt

Introduction - Opportunities for Ordinary Investors

A world of highly paid coin-flippers?

Greatest investors

Rating the investors

1. Jesse Livermore - The Trend-Following Boy Plunger

A self-made man

From the farm to Wall Street via bucket shops

Reading the tape like a conductor

From rags to riches to rags

The man who brought down the market

Blowing money on other investments

What Livermore's story teaches us

2. David Ricardo - The Napoleonic Speculator

Introduction

How did he start out?

Taking advantage of hysteria

Small profits add up to a lavish lifestyle

Ricardo's Waterloo

Difference between investing and speculation

3. George Soros - The Alchemist Who Broke the Bank of England

Feared rather than loved

From immigrant to billionaire

Using reflexivity

Breaking the Bank of England

Mauled by the Russian bear

Lessons from George Soros

4. Michael Steinhardt - The Contrarian Hedge Funder

The sociology of the markets

From block trading to variant perception

The not so Nifty Fifty

The trades that didn't work out

Huge returns

Worthwhile, but difficult

5. Benjamin Graham - The Father of Value Investing

Buying value and smoking cigar butts

Graham-Newman Corporation

GEICO

Value matters

6. Warren Buffett - The Elder Statesman of Finance

From Omaha to Wall Street

From value to growth

Six decades of success

Picking up where Graham left off

What we can learn from Buffett

7. Anthony Bolton - The British Warren Buffett

From stock picker to 'Silent Assassin'

Three decades of success - both at home and abroad

Bolton's best calls

Bolton's turbulent Chinese experience.

The importance of value investing

8. Anthony Cross - Investing With an Economic Advantage

9. Philip Fisher - The Inventor of Growth Investing

Career break proved a hidden blessing

Finding fast-growing companies

Texas Instruments and Motorola

Companies for all seasons

10. T. Rowe Price - The Pragmatic Growth Investor

From chemistry to money management

Growth - but not at any price

Strong track record

High-flying stocks

Other lessons for investors

11. Peter Lynch - The Man Who Beat the Street

From the golf course to fund management

Bottom-up investing

Outpacing the bull

Liked the company, bought its shares, made a packet

Growth investing simplified

12. Nick Train - The Inactive Optimist

Apprentice becomes the master

Finding value in growth

Buying shares in good-tasting companies

Stocks - and stock markets - for the long run

Exceptional performance

What has worked…

…and what hasn't

Keeping it simple

13. Georges Doriot - The Venture Capital Pioneer

Buying a stake in a business

Short-term problems, long-term success

Doriot's best investment - Digital Electronic Corporation

Lessons from ARDC

14. Eugene Kleiner and Tom Perkins - The VCs of Silicon Valley

The refugee and the executive

Investing in edible dog food

Two big successes

What you can learn from Kleiner Perkins

15. John Templeton - The Global Investor

From poker player to star fund manager

Investing abroad - and against the herd

Getting Japan right, wrong and right again

Importance of overseas investing

16. Robert W. Wilson - The Short Seller

Putting his investing before his day job

Adding leverage to hedged investments.

Turning a nest egg into a large fortune

Success on both the long and short sides

Squeezed in Atlantic City

The eighth wonder of the world

17. Edward O. Thorp - The Revenge of the Quants

From blackjack to the stock market

Systematic and scientific investing

High returns, low risk

Other good investments

How to follow in Thorp's footsteps

18. John Maynard Keynes - The Stockpicking Economist

Combining academia and money-making

From asset allocation to stock picking

Mediocre speculator but outstanding stock picker

Mining shares and car companies

Importance of flexibility

19. John 'Jack' Bogle - The Founder of Index Investing

Poacher turned gamekeeper

Buying the dartboard

First they laugh at you, then they copy you

Does passive investing work?

Depressing or liberating?

20. Paul Samuelson - The Secret Investor

Random walk

Commodities Corporation

Private investments

Pretty efficient market

Conclusion - Lessons of the Superinvestors

1. The market can be beaten

2. There are many roads to investment success

3. Be flexible…

4. …but not too flexible

5. Successful investing requires an edge

6. When you do have an edge, bet big

7. Have an exit strategy

8. Ordinary investors have some advantages

9. Big isn't always beautiful

10. It's good to have some distance from the crowd

The best superinvestor?

Bibliography

A. Published books

B. Journal articles and working papers

C. Newspaper and magazine articles

D. Other sources

Thanks

Publishing details.

Notes:

Description based on print version record.

Other Format:

Print version: 1 Superinvestors

ISBN:

0-85719-598-0