The Guru Investor: How to Beat the Market Using History's Best Investment Strategies

ISBN-13: 9780470377093 / Angielski / Twarda / 2009 / 336 str.

John Reese

Opis

Today's investor is faced with a myriad of investment options and strategies. Whether you are seeking someone to manage your money or are a self-directed investor deciding to tackle the market on your own, the options can be overwhelming.

In an easy-to-read and simple format, this book will dissect the strategies of some of Wall Street's most successful investment gurus and teach readers how to weed through the all of the choices to find a strategy that works for them. The model portfolio system that author John Reese developed turns each strategy into an actionable system, addressing many of the common mistakes that doom individual investors to market underperformance. This book will focus on the principles behind the author's multi-guru approach, showing how investors can combine the proven strategies of these legendary "gurus" into a disciplined investing system that has significantly outperformed the market.

Gurus covered in the book are: Benjamin Graham; John Neff; David Dreman; Warren Buffett; Peter Lynch; Ken Fisher; Martin Zweig; James O'Shaughnessy; Joel Greenblatt; and Joseph Piotroski.

Spis treści

Acknowledgements.

Introduction.

Part One: Why You Need this Book.

Chapter 1 Learn from the Worst.

Chapter 2. The Cavalry Arrives.

Part Two: The Value Legends.

Chapter 3: Benjamin Graham: The Granddaddy of the Gurus.

Chapter 4: John Neff: The Investor′s Investor.

Chapter 5: David Dreman: The Great Contrarian.

Chapter 6: Warren Buffett: The Greatest Guru.

Part Three: The Growth Legends (With a Value Twist).

Chapter 7: Peter Lynch: The Star "GARP" Manager.

Chapter 8: Kenneth L. Fisher: The Price/Sales Pioneer.

Chapter 9: Martin Zweig: The Conservative Growth Investor.

Part Four: The Pure Quants.

Chapter 10: James O′Shaughnessy: The Quintessential Quant.

Chapter 11: Joel Greenblatt: The Man with the Magic Formula.

Chapter 12: Joseph Piotroski: The Undiscovered Academic.

Part Five: From Theory to Practice.

Chapter 13: Putting It Together: The Principles of Guru Investing.

Chapter 14: The Missing Piece: Knowing When To Sell.

Conclusion: Time To Take The Wheel.

Appendix A: Performance of Guru–Based 10– and 20–Stock Model Portfolios.

Appendix B: Guru Yearly Track Record Comparison (Actual or Back–Tested Returns).

References.

About the Authors.

Index.

O autorze

John P. Reese, MBA, is the founder and CEO of Validea.com and Validea Capital Management. He is also portfolio manager for the Omega American and International Consensus mutual funds offered in the Canadian market. He is a regular columnist for Forbes.com, RealMoney.com, and Israel′s Globes newspaper. He holds two patents in the area of automated stock analysis and is a graduate of Harvard Business School and the Massachusetts Institute of Technology.

Jack M. Forehand, CFA, is President of Validea.com and cofounder of Validea Capital Management, LLC. Working in conjunction with John Reese, Forehand led the development of Validea′s investment models as well as the quantitative testing that led to the creation of Validea Capital Management′s consensus portfolios. He graduated from the honors program of the University of Connecticut with a BA in economics and is a CFA charterholder.

Blurb

The Guru Investor

A detailed look at the successful strategiesused by some of the world′s best investors

What can we learn from those rare investors who have consistently generated outstanding returns over the long haul? In an easy–to–read and simple format, The Guru Investor dissects strategies from ten of Wall Street′s greatest investment "gurus" and shows exactly how to implement those strategies to improve your own long–term investment results.

This book offers a step–by–step guide to the investment methodologies of Warren Buffett, Peter Lynch, Joel Greenblatt, James O′Shaughnessy, David Dreman, John Neff, Benjamin Graham, Ken Fisher, Joseph Piotroski, and Martin Zweig. Based on the model portfolio system that the author has developed, each strategy is turned into an actionable system that systematically addresses many of the common mistakes that hurt individual investors′ long–term investment results.

In addition, The Guru Investor shows how you can combine the proven strategies of these legendary gurus into a disciplined investing system for building and managing portfolios including the author′s key rules for when to buy, when to hold, and when to sell.