Value Investing : Tools and Techniques for Intelligent Investment, Hardcover ...

by Value Investing

$37 · Offered by eBay · No longer available

Value Investing : Tools and Techniques for Intelligent Investment, Hardcover by Montier, James, ISBN 0470683597, ISBN-13 9780470683590, Brand New, Free shipping in the US As with his weekly column, James Montier s i Value Investing /i is a must read for all students of the financial markets. In short order, Montier shreds the efficient market hypothesis , elucidates the pertinence of behavioral finance, and explains the crucial difference between investment process and investment outcomes. Montier makes his arguments with clear insight and spirited good humor, and then backs them up with cold hard facts. Buy this book for yourself, and for anyone you know who cares about their capital! br / b #8212;Seth Klarman /b , President, The Baupost Group LLC p The seductive elegance of classical finance theory is powerful, yet value investing requires that we reject both the precepts of modern portfolio theory (MPT) and pretty much all of its tools and techniques. /p p In this important new book, the highly respected and controversial value investor and behavioural analyst, James Montier explains how value investing is the only tried and tested method of delivering sustainable long-term returns. /p p James shows you why everything you learnt at business school is wrong; how to think properly about valuation and risk; how to avoid the dangers of growth investing; how to be a contrarian; how to short stocks; how to avoid value traps; how to hedge ignorance using cheap insurance. Cruciall

• Publisher: Wiley & Sons, Incorporated, John
• Year: 2009
• Binding: Hardcover
• ISBN: 9780470683590
• Condition: Fine

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