Jain Buffett Beyond Value

Why Warren Buffett Looks to Growth and Management When Investing
1. Auflage 2010
ISBN: 978-0-470-60895-1
Verlag: John Wiley & Sons
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 320 Seiten, E-Book

A detailed look at how Warren Buffett really invests
In this engaging new book, author Prem Jain extracts WarrenBuffett's wisdom from his writings, Berkshire Hathaway financialstatements, and his letters to shareholders and partners in hispartnership firms-thousands of pages written over the last fiftyyears. Jain uncovers the key elements of Buffett's approach thatevery investor should be aware of.
With Buffett Beyond Value, you'll learn that, contrary topopular belief, Warren Buffett is not a pure value investor, but aunique thinker who combines the principles of both value and growthinvesting strategies. You'll also discover why understanding CEOsis more important than studying financial metrics; and why you needan appropriate psychological temperament to be a successfulinvestor.
* Reveals Buffett's multifaceted investment principles
* Discusses how Buffett thinks differently from others aboutportfolio diversification, market efficiency, and corporategovernance
* Highlights how you can build a diverse and profitableinvestment portfolio
With this book as your guide, you'll learn how to successfullyinvest like Warren Buffett.

Autoren/Hrsg.

Jain, Prem

Jain, Prem C.

Inhaltsverzeichnis

Preface.
Acknowledgments.
Part One Introduction and Background.
Chapter 1 The Thrill of Investing in Common Stocks.
Chapter 2 1965-2009: Lessons from Significant Events inBerkshire History.
Part Two Buffett Investing = Value + Growth.
Chapter 3 Value Investing--It's Like Buying Christmas Cardsin January.
Chapter 4 Growth Investing.
Chapter 5 Intrinsic Value.
Chapter 6 Buffett Investing = Value + Growth.
Part Three Other People's Money.
Chapter 7 Insurance--Other People's Money.
Chapter 8 Reinsurance: More of Other People's Money.
Chapter 9 Tax Deferment: Interest-Free Loans from theGovernment.
Part Four Success in Retailing, Manufacturing, andUtilities.
Chapter 10 If You Don't Know Jewelry, Know YourJeweler.
Chapter 11 Compete Like Mrs. B.
Chapter 12 Why Invest in Utility Companies?
Chapter 13 High Profits in Honest-to-Goodness ManufacturingCompanies.
Part Five Risk, Diversification, and When toSell.
Chapter 14 Risk and Volatility: How to Think Profitably AboutThem.
Chapter 15 Why Hold Cash: Liquidity Brings Opportunities.
Chapter 16 Diversification: How Many Baskets Should YouHold?
Chapter 17 When to Sell.
Part Six Market Efficiency.
Chapter 18 How Efficient Is the Stock Market?
Chapter 19 Arbitrage and Hedge Funds.
Part Seven Profitability and Accounting.
Chapter 20 M = Monopoly = Money.
Chapter 21 Who Wins in Highly Competitive Industries?
Chapter 22 Property, Plant and Equipment: Good or Bad?
Chapter 23 Key to Success: ROE and Other Ratios.
Chapter 24 Accounting Goodwill: Is It Any Good?
Part Eight Psychology.
Chapter 25 How Much Psychology Should You Know?
Chapter 26 How to Learn from Mistakes.
Part Nine Corporate Governance.
Chapter 27 Dividends: Do They Make Sense in This Day andAge?
Chapter 28 Should You Invest in Companies That Repurchase TheirOwn Shares?
Chapter 29 Corporate Governance: Employees, Directors, andCEOs.
Chapter 30 Large Shareholders: They Are Your Friends.
Conclusion B = Baseball = Buffett.
Appendix A Summary of the Book.
Notes.
About the Author.
Index.

Über Autor(innen)

PREM C. JAIN is the McDonough Professor of Accounting and Finance at the McDonough School of Business, Georgetown University, in Washington, D.C. He has previously taught at the Wharton School of the University of Pennsylvania and the Freeman School of Business at Tulane University. His research has been published in many prestigious finance and accounting journals including the Journal of Finance and the Journal of Accounting Research. Jain received a doctorate from the University of Florida and a master's degree in applied economics from the University of Rochester. He is also a CPA in the state of Florida.