Investment Philosophies: Successful Strategies and the Investors Who Made Them Work - Couverture rigide

Damodaran, Aswath

Couverture rigide

ISBN 10 : 0471345032 ISBN 13 : 9780471345039

Editeur : John Wiley & Sons, 2003

Synopsis

Book by Damodaran Aswath

A propos du livre

Quatrième de couverture :

"Damodaran is a well–informed scholar with a gift for organized, clearly written syntheses of complex topics in modern finance. With Investment Philosophies he provides the uncensored facts about winning in the market place. If you are a fund manager, an investor, or simply a student of finance, you will want to read this book."
–Tom Copeland
Managing Director of Corporate Finance, Monitor Group

"Professor Damodaran has zeroed in on the most important missing element of many investment management processes: a clearly defined investment philosophy which can serve as a beacon in difficult markets. He offers a cornucopia of philosophies and strategies that have worked for many of the most successful investors, and which have stood the test of time."
–Rob Arnott
Chairman, First Quadrant, LP; Editor, Financial Analysts Journal

"As an investor, I always have to look back to my philosophy and strategy for taking risk and making money. This book is an invaluable aid for ′taking stock′ before buying stock. It lays out the concepts and tools for understanding the basics of risk and return in the stock market, and presents a framework for any investor to construct his or her own investment philosophy."
–Mitch Julis
Managing Partner, Canyon Capital Advisors

Choosing an investment philosophy is the heart of successful investing. To make the choice, though, you need to look within before you look outside. In Investment Philosophies: Successful Strategies and the Investors Who Made Them Work, Aswath Damodaran will help you do this by going beyond the simple explanations of traditional and alternative investment strategies, to discuss the individual underlying philosophies that support these techniques.

Investment Philosophies explores many of the time–tested strategies that have allowed investors to reap rewards over the years, including value investing, growth investing, technical analysis, market timing, arbitrage, and indexing.

Présentation de l'éditeur :

The philosophy behind the best investment strategies of all time
Investment philosophies are as unique as the individuals who practice them. In his latest endeavor, investment expert and NYU Stern School of Business professor Aswath Damodaran goes beyond investment strategies and looks at the individual underlying philosophies that support these techniques. He explores all of the time–tested investment philosophies that have worked over the long run, and discusses the greatest investors who made these philosophies so famous. Investment Philosophies will expose readers to a wide range of investment philosophies so as to give them a sense of what drives investors in each philosophy, how they attempt to put these philosophies into practice, and what determines ultimate success. In doing this, Damodaran provides an unbiased forum for the presentation of different investment philosophies, while supplying the tools–the definition and measurement of risk, the notion of market efficiency and how to test for inefficiencies, and the components and determinants of trading costs–and the empirical evidence for readers to make their own judgments on the investment philosophy that fits their specific investment goals and views of how markets work. Filled with valuable insights and expert advice, this book reveals various investment philosophies to a general audience of investors, not purely to professional investors.
Aswath Damodaran (New York, NY) is Professor of Finance at New York University′s Leonard N. Stern School of Business. He is the author of Applied Corporate Finance (Wiley: 0–471–33042–6) and Investment Valuation (Wiley: 0–471–41488–3).

À propos de cette édition

• Éditeur: John Wiley & Sons
• Date d'édition: 2003
• ISBN 10: 0471345032
• ISBN 13: 9780471345039
• Reliure: Relié
• Nombre de pages: 512