In a straightforward and accessible manner, The DhandhoInvestor lays out the powerful framework of value investing.Written with the intelligent individual investor in mind, thiscomprehensive guide distills the Dhandho capital allocationframework of the business savvy Patels from India and presents howthey can be applied successfully to the stock market. The Dhandhomethod expands on the groundbreaking principles of value investingexpounded by Benjamin Graham, Warren Buffett, and Charlie Munger.Readers will be introduced to important value investing conceptssuch as "Heads, I win! Tails, I don't lose that much!," "Few Bets,Big Bets, Infrequent Bets," Abhimanyu's dilemma, and a detailedtreatise on using the Kelly Formula to invest in undervaluedstocks. Using a light, entertaining style, Pabrai lays out theDhandho framework in an easy-to-use format. Any investor who adoptsthe framework is bound to improve on results and soundly beat themarkets and most professionals.
Growing up, the words finance, savings, and portfolio made Danielle Town’s eyes glaze over, and the thought of stocks and financial statements shut down her brain. The daughter of a successful investor and bestselling financial author of Rule #1, Phil Town, she spent most of her adult life avoiding investing—until she realized that her time-consuming career as lawyer was making her feel anything but in control of her life or her money. Determined to regain her freedom, vote for her values with her money, and deal with her fear of the unpredictable stock market, she turned to her father, Phil, to help her take charge of her life and her future through Warren Buffett-style value investing. Over the course of a year, Danielle went from avoiding everything to do with the financial industrial complex to knowing exactly how and when to invest in wonderful companies.
In Invested, Danielle shows you how to do the same: how to take command of your own life and finances by choosing companies with missions that match your values, using the same gold standard strategies that have catapulted Warren Buffet and Charlie Munger to the top of the Forbes 400. Avoiding complex math and obsolete financial models, she turns her father’s investing knowledge into twelve easy-to understand lessons.
In each chapter, Danielle examines the investment strategies she mastered as her increasing know-how deepens the trust between her and her father. Throughout, she streamlines the process of making wise financial decisions and shows you just how easy—and profitable—investing can be.
Capturing a warm, charming, and down-to-earth give and take between a headstrong daughter and her mostly patient dad, Invested makes the complex world of investing simple, straightforward, and approachable, and will help you formulate your own investment plan—and foster the confidence to put it into action.
“Charley Ellis has been one of the most influential investment writers for decades. This classic should be required reading for both individual and institutional investors.”
Burton Malkiel, author, A Random Walk Down Wall Street
“No one understands what it takes to be a successful investor better than Charley Ellis and no one explains it more clearly or eloquently. This updated investment classic belongs on every investor’s bookshelf.”
Consuelo Mack, Anchor and Managing Editor, Consuelo Mack WealthTrack
“A must-reread classic, refreshed and updated with the latest ‘lessons to be learned’ from the 2008-2009 market events.”
Martin Leibowitz, Managing Director, Morgan Stanley Research
“Winning the Loser’s Game has long been required reading for professional investors. . . . This elegant volume explores approaches for individuals such as relying on intellect rather than emotion, and building a personal portfolio by taking advantage of what other investors already know.”
Abby Joseph Cohen, Goldman Sachs & Co
“This is less a book about competition than about sound money management. Sounder than Charley Ellis they do not come.”
Andrew Tobias, author, The Only Investment Guide You’ll Ever Need
About the Book:
Peter Drucker referred to Winning the Loser's Game as “by far the best book on investment policy and management.” Now, in it's fifth edition, the investing classic has been updated and improved.
With refreshing candor, straight talk, and good humor, Winning the Loser’s Game helps individual investors succeed with their investments and control their financial futures. Ellis, dubbed “Wall Street’s Wisest Man” by Money magazine, has been showing investors for three decades how stock markets really work and what individuals can do to be sure they are long-term winners.
Applying wisdom gained from half a century of working with the leading investment managers and securities firms around the world, Ellis explains how to avoid common traps and get on the road to investment success.
Winning the Loser’s Game helps you set realistic objectives and develop a sensible strategy. You will learn how to:Create an investment program based on the realities of markets Use the “unfair” index fund to succeed, even in tumultuous markets Institute an annual review process to steer your investments well into the future Maximize investing success through five stages, from earning and saving through investing, estate planning, and giving
The need for a trustworthy investing guide has never been greater. Sixty million individuals with 401(k)s are now responsible for making important investment decisions. They know they’re not experts but don’t know whom to trust.
Winning the Loser’s Game explains why conventional investing is a loser’s game, and how you can easily make it a winner’s game!
The Florida Panhandle's most renowned top-gun entrepreneurs, The Dollar Bills, will teach you all the tricks of the trade to get rich fast and look great doing it:
--Learn "The 5 Cs of Credit" (Cancun, Convertibles, Cognac, Chinchilla Coats, Cuticles)
--Invest in exotic pets and floating assets (i.e., cigarette boats, pontoon boats, and other personal watercraft)
--Get to know Freddie Mac, and learn why he should be respected (he was the hard-hitting, two-time Pro Bowl safety for the Tampa Bay Buccaneers during the mid-‘80s)
Loaded!: Become a Millionaire Overnight and Lose 20 Pounds in 2 Weeks, or Your Money Back shares all these hot tips, and many, many more--from the investing pair with the Midas touch! Turn your life---and your bathroom fixtures---to 24-karat gold with The Dollar Bills!
*We're never giving you your money back.
In the world of investing, slow and steady wins the race. With this mantra in mind, trusted author and finance guru Eric Tyson is back with the latest edition of the #1 bestselling book, Investing For Dummies, to help you achieve your investment goals. Inside, he offers time-tested advice on how to develop a winning investment strategy that matches your abilities with your expectations — all the while ensuring you're slowly and steadily growing your portfolio.
No matter where you are in your investment planning, the recommendations and strategies in this popular and easy-to-follow reference offer everything you need to ramp up your portfolio. From the tax laws that affect investing decisions to the impact of the current political environment, this foolproof guide covers it all and gives you the confidence to invest like the pros.Develop and manage your portfolio in any marketChoose investments that match your goalsNavigate the world of online investing and robo advisors
Whether you're a millennial securing your first job, an employee rolling over a 401(k), a baby boomer looking to shore up your nest egg prior to retirement — or anywhere in between — all the sound investment advice you need is at your fingertips!