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Investing for Growth - How to make money by only buying the best companies in the world - An anthology of investment writing, 2010-20 (Hardcover)
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Investing for Growth - How to make money by only buying the best companies in the world - An anthology of investment writing, 2010-20 (Hardcover)
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Was R662
Loot Price R582
Discovery Miles 5 820
You Save R80 (12%)
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Buy good companies. Don't overpay. Do nothing. Some people love to
make successful investing seem more complicated than it really is.
In this anthology of essays and letters written between 2010-20,
leading fund manager Terry Smith delights in debunking the many
myths of investing - and making the case for simply buying the best
companies in the world. These are businesses that generate serious
amounts of cash and know what to do with it. The result is a
powerful compounding of returns that is almost impossible to beat.
Even better, they aren't going anywhere. Most have survived the
Great Depression and two world wars. With his trademark razor-sharp
wit, Smith not only reveals what these high-quality companies
really look like and where to find them (as well as how to discover
impostors), but also: - why you should avoid companies that abuse
the English language - how most share buybacks actually destroy
value - what investors can learn from the Tour de France - why ETFs
are much riskier than most realise - how ESG investors often end up
with investments that are far from green or ethical - his ten
golden rules for investment - and much, much more. Backed up by the
analytical rigour that made his name with the cult classic,
Accounting for Growth (1992), the result is a hugely enjoyable and
eye-opening tour through some of the most important topics in the
world of investing - as well as a treasure trove of practical
insights on how to make your money work for you. No investor's
bookshelf is complete without it.
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