Download or read book Intelligent Fanatics Project written by Sean Iddings and published by MicroCapClub Publication. This book was released on 2016-08-30 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: How does a great company sustain and grow profits for decades? Many people are familiar with Warren Buffett's analogy of a moat: various defenses to thwart competition. But moats are fleeting; they are here today and gone tomorrow. The more important question is, who builds and maintains moats? Intelligent fanatics do. These leaders build high-performance organizations that can dominate for decades. Intelligent Fanatics Project looks at the stories of eight intelligent fanatics who built dominant and enduring businesses. A $1,000 investment with each of these intelligent fanatics would, on average, have been worth $3.4 million thirty-seven years later--a 24.6% compounded annual return. They operated in a wide array of industries, in different time periods, on different continents, and against different economic backdrops, yet their leadership styles, strategies, corporate cultures, and values were similar. Intelligent fanatics are what every entrepreneur aspires to be and what every long-term investor dreams of finding and investing in early. Sean Iddings and Ian Cassel examine the common traits of these intelligent fanatics, to help both the investor and the entrepreneur generate extraordinary returns.
Download or read book Intelligent Fanatics Project written by Sean Iddings and published by MicroCapClub Publication. This book was released on 2016-08-12 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: How does a great company sustain, and grow, profits for decades? Most people call to mind Warren Buffett's analogy of a moat: various defenses to thwart competition. But moats are fleeting; they are here today and gone tomorrow. The more important question is who builds and maintains moats? Intelligent fanatics do. These leaders build high performance organizations that can dominate for decades. The Intelligent Fanatics Project uncovers the stories of eight intelligent fanatics who built dominant and enduring businesses. A $1,000 investment with each of these intelligent fanatics, on average, would have been worth $3.4 million thirty-seven years later, a 24.6% compounded annual return. They operated in a wide array of industries, in different time periods, different continents, and in different economic backdrops, yet their leadership styles, strategies, corporate cultures and values were similar. Intelligent fanatics are what every entrepreneur aspires to be and what every long-term investor dreams of finding and investing in early. Sean Iddings and Ian Cassel weave together the common traits amongst intelligent fanatics to help both the investor and entrepreneur generate extraordinary returns.
Download or read book Intelligent Fanatics written by Sean Iddings and published by Intelligent Fanatics Publication. This book was released on 2017-11-22 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: We help you accumulate and internalize the experiences of nine, relatively unknown, intelligent fanatic giants. We also contrast their leadership styles against less successful companies during the time period. The intelligent fanatic blueprint holds true across every time period, continent, and industry.
Download or read book The Intelligent Option Investor Applying Value Investing to the World of Options written by Erik Kobayashi-Solomon and published by McGraw Hill Professional. This book was released on 2014-08-29 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: HOW TO USE YOUR HUMAN ADVANTAGE TO OUTPERFORM ALGORITHMS IN THE OPTIONS MARKET If you're a value investor who wants to get your money into the lucrative options market, forget about day trading, chart patterns, and market timing. This systematic book lays out a path to long-term wealth by taking positions on companies with real intrinsic value--the kind Ben Graham and Warren Buffett would invest in. Leave the complex algorithms and "Greeks" for the floor traders. Erik Kobayashi-Solomon, former investment banker, hedge fund risk manager, and valuation consultant to the World Bank, gives you the knowledge and sophisticationto understand what options pricing reveals about the market's estimation of future stock prices. He then demonstrates how to find tremendous opportunity for low-risk, high-profit investments in the difference between the market's mechanized price ranges and ones madeby you, a thoughtful human being armed with the insight this book offers. Everything you need to make options a powerfulcontributor to your portfolio is inside, including: A thorough explanation of what options are and what their prices can tell you about the market's expectations for the future price of a stock A proven way to envision the risk/reward trade-off for stocks and options and a straightforward method to use theflexibility and directionality of options to tilt the risk/return balance in your favor A robust and intuitive framework for assessing the value of a company Strategies to avoid the most common behavioral pitfalls Tips for using the information on an option-pricing screen Thorough coverage of important option investment strategies, including "covered calls," "protective puts," and "collars" Regardless of your experience level with options, this versatile guide makes you a better investor. Beginners get a turnkey solution to growing wealth in options, experienced investors gain savvy guidance for fine-tuning their practices, and professional investors learn how to effectively incorporate options into a portfolio. Understanding valuation in this perceptive light lets you earn the consistent profi ts of The IntelligentOption Investor. The Intelligent Option Investor is the hands-on guide to using a cuttingedge valuation framework in the fast-paced options market to boost growth, protect gains, and generate income. It explains how to use your insightful human mind to recognize when mechanized options pricing undervalues a stock. Once you see an opportunity, you'll have all the tools you need to execute a fact-based decision about how and when to invest in the company. Have your money make the most for you with the potent blend of timehonored value investing strategies and hot options vehicles in The Intelligent Option Investor. PRAISE FOR THE INTELLIGENT OPTION INVESTOR: "The Intelligent Option Investor reflects Erik's keen understanding of how companies create value for their owners, which is essential to successful option investing. In addition to showcasing Erik's expertise in developing option investment strategies based on fundamental security analysis and a long-term time horizon, this book delivers the information in a way that’s accessible to individual investors, offering them the resources to use options to help them meet their financial goals." -- JOE MANSUETO, founder, chairman, and CEO, Morningstar, Inc. "Erik knows--and lays out here--that to use options successfully, you need to understand the underlying stock and its valuation first. This is one of few books onoptions that teaches this fruitful, combined approach. And that's why it works." -- JEFF FISCHER, advisor, Motley Fool Options
Download or read book Quality Investing written by Torkell T. Eide and published by Harriman House Limited. This book was released on 2016-01-05 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: Quality. We all make judgments about it every day. Yet articulating a clear definition of quality in an investing context is challenging. This book addresses the challenge, and distills years of practical investing experience into a definitive account of this under-explored investment philosophy. Finance theory has it that abnormal outcomes do not persist, that exceptional performance will soon enough become average performance. Quality investing involves seeking companies with the right attributes to overcome these forces of mean reversion and, crucially, owning these outstanding companies for the long term. This book pinpoints and explains the characteristics that increase the probability of a company prospering over time - as well as those that hinder such chances. Throughout, a series of fascinating real-life case studies illustrate the traits that signify quality, as well as some that flatter to deceive. The authors' firm, AKO Capital, has a strong track record of finding and investing in quality companies - helping it deliver a compound annual growth rate more than double that of the market since inception. Quality Investing sheds light on the investment philosophy, processes and tough lessons that have contributed to this consistent outperformance.
Download or read book Harnessing the Power of Intelligence Counterintelligence Surprise Events written by Alain Paul Martin and published by Professional Dev Inst Press. This book was released on 2002 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: Full of practical illustrations from business, government and the military, this book covers the organization, leadership, tools and culture of intelligence. It reveals new instruments, platforms and breakthrough concepts to address intelligence issues at national and corporate levels. It can help companies use intelligence to win customers and allies, and shield their assets from adversaries. Its focus is on detecting threats and opportunities, by legal and ethical means, and earlier than can be learned through reliable media. Readers will learn how to orchestrate and hitchhike on surprise events to create value. Based on Harvard University Global System? management road maps pioneered by the author, the book features extensive endnotes and Web sites, a bibliography, a book index and colorful Harvard road maps on strategy and risk. The book is suitable for general audiences. Technical terms are explained thoroughly. Some stories could be used to stimulate discussions and give college students a primer on intelligence. Real-life examples about people and important issues will be fun to read, talk about, both at work and at home. As Harvard Emeritus Professor William J. Bruns said: "Martin has created a framework and processes that anyone or any organization can adapt and use to create information and intelligence that will prevent or reduce unpleasant surprises in their lives or work."
Download or read book Off Camera written by Ted Koppel and published by Vintage. This book was released on 2001-10-09 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of America's most admired TV anchors gives us an intimate chronicle of the final year of the twentieth century. In this engrossing narrative, a national bestseller, are all the most significant matters of that year--from Bill Clinton’s impeachment to Columbine, from the war in Kosovo to Y2K and the mass-marketing of Viagra. Here are the people who made the news--from Slobodan Milosevic to Hillary Rodham Clinton to Michael Jordan to John F. Kennedy Jr. The events of 1999 anticipate so many of the on-going challenges America faces today that Koppel’s account feels entirely prescient. Koppel's book moves on yet another level as events trigger memories of his own past, providing a more personal resonance to his telling of the history we all share. He takes us back to the England in which he lived until he was thirteen. He revisits his powerful experiences as an interviewer investigating prison abuses and probing the violence in our schools. He discusses the strengths and weaknesses of the media; he talks about racial intolerance, about brutality toward gay people, about the absence of political leadership. He also examines such cultural phenomena as our obsession with celebrity and the impact of great theater and overhyped movies. Here is the voice we knew so well from Nightline--intelligent, curious, opinionated, witty, concerned--reminding us in entertaining and thought-provoking ways that even the most public events reverberate in our private lives.
Download or read book The Book of the Damned written by Charles Fort and published by Library of Alexandria. This book was released on 2020-09-28 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Time travel, UFOs, mysterious planets, stigmata, rock-throwing poltergeists, huge footprints, bizarre rains of fish and frogs-nearly a century after Charles Fort's Book of the Damned was originally published, the strange phenomenon presented in this book remains largely unexplained by modern science. Through painstaking research and a witty, sarcastic style, Fort captures the imagination while exposing the flaws of popular scientific explanations. Virtually all of his material was compiled and documented from reports published in reputable journals, newspapers and periodicals because he was an avid collector. Charles Fort was somewhat of a recluse who spent most of his spare time researching these strange events and collected these reports from publications sent to him from around the globe. This was the first of a series of books he created on unusual and unexplained events and to this day it remains the most popular. If you agree that truth is often stranger than fiction, then this book is for you"--Taken from Good Reads website.
Download or read book Smartups written by Rob Ryan and published by Cornell University Press. This book was released on 2002 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ryan focuses on methods he has developed over the years for building a sustainable business that makes money. He shows how to turn an idea into real product.
Download or read book The Little Book of Sideways Markets written by Vitaliy N. Katsenelson and published by John Wiley & Sons. This book was released on 2010-12-07 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: "It's hard to talk clearly about investing and make sense to ordinary readers at the same time. Katsenelson gives a lucid explanation of today's markets with sound advice about how to make money while avoiding the traps that the market sets for exuberant bulls and frightened bears alike." — Thomas G. Donlan, Barron's "A thoroughly enjoyable read. Provides a clear framework for equity investing in today's ‘sideways' and volatile markets useful to everyone. Clear thinking and clear writing are not often paired - well done!" — Dick Weil, CEO, Janus Capital Group "The bible for how to invest in the most tumultuous financial market environment since the Great Depression. A true guidebook for how to build wealth prudently." — David Rosenberg, Chief Economist & Strategist, Gluskin Sheff + Associates Inc. "A wonderful, grounded read for new and seasoned investors alike, Katsenelson explains in plain English why volatility and sideways markets are a stock picker's best friend." — The Motley Fool, www.Fool.com Praise for Active Value Investing "This book reads like a conversation with Vitaliy: deep, insightful, inquisitive, and civilized." — Nassim Nicholas Taleb, author of The Black Swan "Thoroughly enjoyable . . for the thoughtful and often entertaining way in which it is delivered. . . Katsenelson takes his reader step by step into the mind of the value investor by relating, in a fictional addendum to Fiddler on the Roof, the story of Tevye's purchase of Golde, the cow. He also describes his own big-time gambling evening (he was willing to lose a maximum of $40) and that of a half-drunken, rowdy fellow blackjack player to stress the importance of process. He then moves on to the fundamental principles of active value investing. What differentiates this book from so many others on value investing is that it describes, sometimes through the use of case studies, the thinking of a value investor. Not just his models or his metrics but his assessments. Katsenelson is an empiricist who weighs facts, looks for contraindications, and makes decisions. He makes value investing come alive. This may be a little book, but it's packed with insights for both novices and experienced investors. And it is a delight to read." —Seeking Alpha
Download or read book Fanatics Fools written by Arianna Huffington and published by Miramax. This book was released on 2004-04-14 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: As America's leaders fight pre-emptive wars abroad and ordinary Americans fight to keep their heads above water here at home, Arianna Huffington offers a no-holds-barred account of where we stand and a clear and remarkable vision of where we should be headed. Taking aim at the ruthless fanatics in the Bush White House and the feckless fools in the all-too-compliant Democratic opposition, the best-selling author of Pigs at the Trough paints a scathing picture of our contemporary political landscape -- peopled with scoundrels and cowards, and awash in the constant and corrosive flow of dirty money. But the book doesn't stop there. Over the course of her run for governor of California, Arianna Huffington learned that criticism and outrage are not enough. She lays out her game plan for winning back America from our not-so-compassionately-conservative president, now firmly and happily in the grip of right-wing radicals like Dick Cheney, Karl Rove, and John Ashcroft. With the 2004 election fast approaching, Arianna Huffington sees fire in the ashes of the Democratic Party and reason for hope that this can be the year that the people finally take back control of their government and their country. Fearless, funny, in full command of the facts, and ever passionate, Arianna Huffington offers not just a chapter-and-verse diagnosis of the fanaticism that drives the Bush White House but a bold vision of New Responsibility for rebuilding our broken democracy. If you want to know what you can do to restore America to the promise and moral greatness envisioned by our greatest leaders, from Abraham Lincoln and Teddy Roosevelt to FDR and Bobby Kennedy, this book is required reading. These are big dreams, but, as Arianna argues, anything smaller guarantees the reelection of George Bush. Book jacket.
Download or read book Command Of The Air written by General Giulio Douhet and published by Pickle Partners Publishing. This book was released on 2014-08-15 with total page 620 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the pantheon of air power spokesmen, Giulio Douhet holds center stage. His writings, more often cited than perhaps actually read, appear as excerpts and aphorisms in the writings of numerous other air power spokesmen, advocates-and critics. Though a highly controversial figure, the very controversy that surrounds him offers to us a testimonial of the value and depth of his work, and the need for airmen today to become familiar with his thought. The progressive development of air power to the point where, today, it is more correct to refer to aerospace power has not outdated the notions of Douhet in the slightest In fact, in many ways, the kinds of technological capabilities that we enjoy as a global air power provider attest to the breadth of his vision. Douhet, together with Hugh “Boom” Trenchard of Great Britain and William “Billy” Mitchell of the United States, is justly recognized as one of the three great spokesmen of the early air power era. This reprint is offered in the spirit of continuing the dialogue that Douhet himself so perceptively began with the first edition of this book, published in 1921. Readers may well find much that they disagree with in this book, but also much that is of enduring value. The vital necessity of Douhet’s central vision-that command of the air is all important in modern warfare-has been proven throughout the history of wars in this century, from the fighting over the Somme to the air war over Kuwait and Iraq.
Download or read book Principles of Management written by David S. Bright and published by . This book was released on 2023-05-16 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Black & white print. Principles of Management is designed to meet the scope and sequence requirements of the introductory course on management. This is a traditional approach to management using the leading, planning, organizing, and controlling approach. Management is a broad business discipline, and the Principles of Management course covers many management areas such as human resource management and strategic management, as well as behavioral areas such as motivation. No one individual can be an expert in all areas of management, so an additional benefit of this text is that specialists in a variety of areas have authored individual chapters.
Download or read book Outsmarting the Crowd written by Bogumil Baranowski and published by Createspace Independent Publishing Platform. This book was released on 2015-12-01 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: WE ARE WIRED TO FAIL WITH MONEY AND INVESTING. Do You Have $1 on You? BEFORE YOU START READING, please reach for your wallet. Take out a one-dollar bill. Do you have it? Look at it, hold it up, put it in front of you. Now imagine you save $1 each month (which few do). Imagine that your $1 earns 7% annually on average over thirty years. At the end of the thirty years you will have almost $1,200. Needless to say, if you put away $1,000 each month, you'd have almost $1.2 million in thirty years. It's secondary if you are just starting your family fortune--or if you already have it and want to keep it and grow it. If you do nothing with that dollar, inflation will eat away at its value. It will be worth less than two quarters in twenty-five years and less than a single quarter in fifty years and a nickel in one hundred years. Can you afford to do nothing? Do I have your attention? Most books misinform, or intimidate the reader, and often are not backed by real life experience. This book is a one of a kind, comprehensive, straightforward, and easy to follow guide to investing. It's written by an experienced investor trained in the value investing, Buffett-Graham school of thought. Like no other book, it covers both the intellectual and emotional discipline needed to be a successful investor. It provides the proper philosophy, shows the path, and emphasizes the principles required to keep and grow your wealth over a lifetime. "Over more than a decade, Bogumil has assiduously assembled a set of rules from the writings and the speeches of the world's most lastingly successful investors: these rules have become his chosen investment discipline. [...] He has written a great road map for young investors as well as a thoughtful and very readable guide to spare older neophytes the most common investment mistakes." - Francois D. Sicart, Founder and Chairman of Tocqueville Asset Management. "Now comes his book. Obviously, Bogumil was augmenting what we were teaching him over the years about the investment process with extensive readings by the great thinkers on this subject. Unlike some of these tomes, however, Bogumil's "Outsmarting the Crowd" is an easily digestible, common sense approach to a subject that is too often wrapped in jargon made to make it appear more difficult and less intuitive than it actually is." - Robert W. Kleinschmidt, President, Chief Executive Officer and Chief Investment Officer of Tocqueville Asset Management. "
Download or read book Nietzsche Daybreak written by Friedrich Nietzsche and published by Cambridge University Press. This book was released on 1997-11-13 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new edition of this important work of Nietzsche's 'mature' philosophy.
Download or read book Ayn Rand Nation written by Gary Weiss and published by Macmillan. This book was released on 2012-02-28 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thirty years after her death in March 1982, Ayn Rand's ideas have never been more important. In "Ayn Rand Nation," Weiss explores the people and institutions that continue to be heavily influenced by Rand's work, particularly in the current political and economic climate.
Download or read book Capital Returns written by Edward Chancellor and published by Springer. This book was released on 2016-05-04 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: We live in an age of serial asset bubbles and spectacular busts. Economists, policymakers, central bankers and most people in the financial world have been blindsided by these busts, while investors have lost trillions. Economists argue that bubbles can only be spotted after they burst and that market moves are unpredictable. Yet Marathon Asset Management, a London-based investment firm managing over $50 billion of assets has developed a relatively simple method for identifying and potentially avoiding them: follow the money, or rather the trail of investment. Bubbles whether they affect a whole economy or merely a single industry, tend to attract a splurge of capital spending. Excessive investment drives down returns and leads inexorably to a bust. This was the case with both the technology bubble at the turn of the century and the US housing bubble which followed shortly after. More recently, vast sums have been invested in mining and energy. From an investor's perspective, the trick is to avoid investing in sectors, or markets, where investment spending is unduly elevated and competition is fierce, and to put one's money to work where capital expenditure is depressed, competitive conditions are more favourable and, as a result, prospective investment returns are higher. This capital cycle strategy encourages investors to eschew the simple 'growth' and 'value' dichotomy and identify firms that can deliver superior returns either because capital has been taken out of an industry, or because the business has strong barriers to entry (what Warren Buffett refers to as a 'moat'). Some of Marathon's most successful investments have come from obscure, sometimes niche operations whose businesses are protected from the destructive forces of the capital cycle. Capital Returns is a comprehensive introduction to the theory and practical implementation of the capital cycle approach to investment. Edited and with an introduction by Edward Chancellor, the book brings together 60 of the most insightful reports written between 2002 and 2014 by Marathon portfolio managers. Capital Returns provides key insights into the capital cycle strategy, all supported with real life examples from global brewers to the semiconductor industry - showing how this approach can be usefully applied to different industry conditions and how, prior to 2008, it helped protect assets from financial catastrophe. This book will be a welcome reference for serious investors who looking to maximise portfolio returns over the long run.
