Charlie Munger

The Complete Investor
Erscheinungsjahr 2017
ISBN: 978-0-231-17099-4
Verlag: Columbia University Press

Buch, Englisch, 224 Seiten, Print PDF, Format (B × H): 142 mm x 221 mm, Gewicht: 286 g

Reihe: Columbia Business School Publishing

Charlie Munger, Berkshire Hathaway's visionary vice chairman and Warren Buffett's indispensable financial partner, has outperformed market indexes again and again, and he believes any investor can do the same. His notion of "elementary, worldly wisdom"—a set of interdisciplinary mental models involving economics, business, psychology, ethics, and management—allows him to keep his emotions out of his investments and avoid the common pitfalls of bad judgment.
Munger's system has steered his investments for forty years and has guided generations of successful investors. This book presents the essential steps of Munger's investing strategy, condensed here for the first time from interviews, speeches, writings, and shareholder letters, and paired with commentary from fund managers, value investors, and business-case historians. Derived from Ben Graham's value-investing system, Munger's approach is straightforward enough that ordinary investors can apply it to their portfolios. This book is not simply about investing. It is about cultivating mental models for your whole life, but especially for your investments.

Autoren/Hrsg.

Griffin, Tren

Fachgebiete

• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Anlagen & Wertpapiere

Inhaltsverzeichnis

Introduction
1. The Basics of the Graham Value Investing System
2. The Principles of the Graham Value Investing System
3. Worldly Wisdom
4. The Psychology of Human Misjudgment
5. The Right Stuff
6. The Seven Variables in the Graham Value Investing System
7. The Right Stuff in a Business
Berkshire Math
Moats
Value Investing vs. Factor Investing
Notes
Glossary
Bibliography

Über Autor(innen)

Tren Griffin works at Microsoft. Previously, he was a partner at Eagle River, a private equity firm controlled by Craig McCaw, with investments in the telecommunication and software industries, including McCaw Cellular, Nextel, Nextel Partners, XO Communications, Teledesic, and many start-up firms. His early career included five years working and living as a business consultant in Korea and Australia. Tren blogs about investing and other topics at 25iq.com. He is the author of The Global Negotiator: Building Strong Business Relationships Anywhere in the World; Korea, The Tiger Economy; Taiwan's Economy; Ah Mo: Legends from the Northwest; and More Ah Mo.