Click & Collect
from 2 Hours*
Last Christmas
delivery dates
Free UK Standard Delivery On all orders over £25 Order in time for Christmas 19th December 2nd Class |
21st December by 3pm 1st Class
Free Click & Collect to shops From 2 hours after you order*
Value Investing - Tools and Techniques for Intelligent Investment (Hardback)
  • Value Investing - Tools and Techniques for Intelligent Investment (Hardback)

Value Investing - Tools and Techniques for Intelligent Investment (Hardback)

Hardback 424 Pages / Published: 23/10/2009
  • In stock
  • Free UK delivery

Usually dispatched within 48 hours

  • This item has been added to your basket
Your local Waterstones may have stock of this item. Please check by using Click & Collect
"As with his weekly column, James Montier's Value Investing 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!" -Seth Klarman, President, The Baupost Group LLC 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. 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. 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. Crucially he also gives real time examples of the principles outlined in the context of the 2008/09 financial crisis. In this book James shares his tried and tested techniques and provides the latest and most cutting edge tools you will need to deploy the value approach successfully. It provides you with the tools to start thinking in a different fashion about the way in which you invest, introducing the ways of over-riding the emotional distractions that will bedevil the pursuit of a value approach and ultimately think and act differently from the herd.

Publisher: John Wiley & Sons Inc
ISBN: 9780470683590
Number of pages: 424
Weight: 785 g
Dimensions: 244 x 170 x 24 mm

'Any disciple of value investing will benefit greatly from reading this book.' (UK, May 2011).

You may also be interested in...

Reminiscences of a Stock Operator
Added to basket
Dark Pools
Added to basket
Smarter Investing
Added to basket
Intelligent Investor
Added to basket
Rich Dad's Guide to Investing
Added to basket
One Up On Wall Street
Added to basket
Fooled by Randomness
Added to basket
The Stock Market Explained
Added to basket
A Mathematician Plays the Market
Added to basket
Investing for Dummies 4th UK edition
Added to basket

Please sign in to write a review

Your review has been submitted successfully.