Katsenelson The Little Book of Sideways Markets

How to Make Money in Markets that Go Nowhere
1. Auflage 2010
ISBN: 978-1-118-01035-8
Verlag: John Wiley & Sons
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 256 Seiten, E-Book

Reihe: Little Books. Big Profits

"It's hard to talk clearly about investing and make sense toordinary readers at the same time. Katsenelson gives a lucidexplanation of today's markets with sound advice about how to makemoney while avoiding the traps that the market sets for exuberantbulls and frightened bears alike."
-- Thomas G. Donlan, Barron's
"A thoroughly enjoyable read. Provides a clear framework forequity investing in today's 'sideways' and volatile marketsuseful to everyone. Clear thinking and clear writing are not oftenpaired - well done!"
-- Dick Weil, CEO, Janus Capital Group
"The bible for how to invest in the most tumultuous financialmarket environment since the Great Depression. A true guidebook forhow to build wealth prudently."
-- David Rosenberg, Chief Economist & Strategist,Gluskin Sheff + Associates Inc.
"A wonderful, grounded read for new and seasoned investorsalike, Katsenelson explains in plain English why volatility andsideways markets are a stock picker's best friend."
-- The Motley Fool, www.Fool.com
Praise for Active Value Investing
"This book reads like a conversation with Vitaliy: deep,insightful, inquisitive, and civilized."
-- Nassim Nicholas Taleb, author of The Black Swan
"Thoroughly enjoyable . . for the thoughtful and oftenentertaining way in which it is delivered. . . Katsenelson takeshis reader step by step into the mind of the value investor byrelating, in a fictional addendum to Fiddler on the Roof, the storyof Tevye's purchase of Golde, the cow. He also describes his ownbig-time gambling evening (he was willing to lose a maximum of $40)and that of a half-drunken, rowdy fellow blackjack player to stressthe importance of process. He then moves on to the fundamentalprinciples of active value investing. What differentiates this bookfrom so many others on value investing is that it describes,sometimes through the use of case studies, the thinking of a valueinvestor. Not just his models or his metrics but his assessments.Katsenelson is an empiricist who weighs facts, looks forcontraindications, and makes decisions. He makes value investingcome alive. This may be a little book, but it's packed withinsights for both novices and experienced investors. And it is adelight to read."
--Seeking Alpha

Autoren/Hrsg.

Katsenelson, Vitaliy N.

Inhaltsverzeichnis

Foreword.
Acknowledgments.
Introduction.
Chapter One Fasten Your Seat Belt.
Chapter Two A Sideways View of the World.
Chapter Three Don't Shoot the Messenger.
Chapter Four Tevye Was a Rich Man.
Chapter Five What We Can Learn from Gamblers.
Chapter Six Brought to You by the Letter "Q" (forQuality).
Chapter Seven Brought to You by the Letter "G" (forGrowth).
Chapter Eight Brought to You by the Letter "V" (ForValuation).
Chapter Nine Add it Up.
Chapter Ten Nip/Tuck.
Chapter Eleven The Born-Again Value Investor.
Chapter Twelve Applying Darwinism to the Sales Process.
Chapter Thirteen You Are Not As Dumb - or Smart - AsYou Think.
Chapter Fourteen On a Scavenger Hunt for Stocks.
Chapter Fifteen Farewell, Blissful Ignorance.
Chapter Sixteen Think Different.
Chapter Seventeen I Could Be Wrong, but I Doubt It.

Über Autor(innen)

VITALIY N. KATSENELSON, CFA, is Chief Investment Officer at Investment Management Associates. Whilehis primary focus is on discovering under-valued 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.