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Books > Money & Finance > Investment & securities
Timeless Investing Strategies for Any Economy For five decades, Warren Buffett has been making himself one of the wealthiest men in the world, amassing more than 30 billion dollars by investing in the stock market. Remarkably, he did it by spurning popular Wall Street trends, adhering instead to his own unique discipline, one the world has come to know as Buffettology. In The Buffettology Workbook, internationally acclaimed writer and lecturer Mary Buffett has again joined forces with David Clark, the world's leading authority on Warren Buffett's investment methods, to create an in-depth, step-by-step guide to the concepts and equations Warren Buffett uses to create fantastic wealth.
Here you will learn: - The difference between a great company and a great undervalued company
- How the short-sightedness of Wall Street pundits can work to your advantage
- Where to look for investments with long-term, consistent, and extraordinary growth potential
- To perform the same financial calculations Buffett uses, and apply them to stocks you'd like to buy
The long-awaited revised edition of the stock trading classic gets
you fully up to date on value investing, ESG investing, and other
important developments The definitive guide to stock trading,
Stocks for the Long Run has been providing the knowledge, insights,
and tools that traders need to beat the market for nearly 30 years.
This new edition brings you fully up to date on everything you need
to know to draw steady profits for yourself or your clients. It's
been updated with new chapters and content on: * The role of value
investing * The impact of
ESG-Environmental/Social/Governance-issues on the future of
investing * The current interest rate environment * Future returns
investors should expect in the bond and stock markets * The role of
international investing * The long-run risks on equity markets *
The role of black swan events, such as a pandemic You'll also get
in-depth discussions on the big questions investors face: Are we
seeing the eclipse of capitalism? What do global changes like
climate change mean for markets worldwide? Stocks for the Long Run
is essential reading for every investor and advisor who wants to
fully understand the market, including its behavior, past trends,
and future influences-in order to develop a prosperous long-term
portfolio that's both safe and secure.
With nearly a million copies sold, "Security Analysis" has been
continuously in print for more than sixty years. No investment book
in history had either the immediate impact, or the long-term
relevance and value, of its first edition in 1934. By 1951,
seventeen years past its original publication and more than a
decade beyond its revised and acclaimed 1940 second edition,
authors Benjamin Graham and David Dodd had seen business and
investment markets travel from the depths of Depression to the
heights of recovery, and had observed investor behavior during both
the calm of peacetime and the chaos of World War II.
The prescient thinking and insight displayed by Graham and Dodd
in the first two editions of "Security Analysis" reached new
heights in the third edition. In words that could just as easily
have been written today as fifty years ago, they detail techniques
and strategies for attaining success as individual investors, as
well as the responsibilities of corporate decision makers to build
shareholder value and transparency for those investors.
The focus of the book, however, remains its timeless guidance
and advice--that careful analysis of balance sheets is the primary
road to investment success, with all other considerations little
more than distractions. The authors had seen and survived the Great
Depression as well as the political and financial instabilities of
World War II and were now better able to outline a program for
sensible and profitable investing in the latter half of the
century.
"Security Analysis: The Classic 1951 Edition" marks the return
of this long-out-of-print work to the investment canon. It will
reacquaint you with the foundations of value investing--more
relevant than ever in tumultuous twenty-first century markets--and
allow you to own the third installment in what has come to be
regarded as the most accessible and usable title in the history of
investment publishing.
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