Concentrated Investing
John Wiley & Sons Inc (Verlag)
978-1-119-01202-3 (ISBN)
Turning the notion of diversification on its head, concentrated value investors pick a small group of undervalued stocks and hold onto them through even the lean years. The approach has been championed by Warren Buffett, the best known value investor of our time, but a small group of lesser-known investors has also used this approach to achieve outstanding returns.
Discover the success of Lou Simpson, a former GEICO investment manager and eventual successor to Warren Buffett at Berkshire Hathaway
Read about Kristian Siem, described as "Norway's Warren Buffett," and the success he has had at Siem Industries
Concentrated Investing will quickly have you re-thinking the conventional wisdom related to diversification and learning from the top concentrated value investors the world has never heard of.
ALLEN C. BENELLO, CFA, is the chairman of White River Investment Partners, LLC, a private investment firm in San Francisco. MICHAEL VAN BIEMA is the founder and managing principal of van Biema Value Partners, LLC, and coauthor of Value Investing. TOBIAS E. CARLISLE is a partner at Carbon Beach Asset Management, LLC, and author of the books Deep Value and Quantitative Value and the Greenbackd.com blog.
Preface ix
Acknowledgments xiii
Introduction Concentrated Investing 1
Chapter 1 Lou Simpson: The Disciplined Investor 5
A Portrait of Concentration
Chapter 2 John Maynard Keynes: Investor Philosopher 35
The Economics of Concentration
Chapter 3 Kelly, Shannon, and Thorp: Mathematical Investors 71
Concentration Quantified
Chapter 4 Warren Buffett: The Kelly-Betting Value Investor 89
Portfolio Concentration for Value Investors
Chapter 5 Charlie Munger: Concentration’s Muse 109
Quality without Compromise
Chapter 6 Kristian Siem: The Industrialist 131
The Importance of Permanent Capital to the Long-Term Investor
Chapter 7 Grinnell College: The School of Concentration 159
Concentration and Long-Term Investing for Endowment
Chapter 8 Glenn Greenberg: The Iconoclast 177
Simple, Common Sense Research, and Tennis Shoes
Chapter 9 Conclusion 203
The Concentrated Investor’s Temperament
About the Authors 221
Index 223
Erscheint lt. Verlag | 17.6.2016 |
---|---|
Verlagsort | New York |
Sprache | englisch |
Maße | 163 x 236 mm |
Gewicht | 431 g |
Themenwelt | Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung |
ISBN-10 | 1-119-01202-3 / 1119012023 |
ISBN-13 | 978-1-119-01202-3 / 9781119012023 |
Zustand | Neuware |
Haben Sie eine Frage zum Produkt? |
aus dem Bereich