You can listen to this audiobook in formats: FLAC, MPEG4, WMA, TTA, MP3, OGG, WAV (compression RAR, AZW3, ZIP, CAB)
Total pages original book: 224
Includes a PDF summary of 23 pages
Duration of the summary (audio): 16M28S (4.6 MB)
Description or summary of the audiobook: 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.
Other categories, genre or collection: Online Finance & Investing, Investment & Securities, Personal Finance
Download servers: Dropbox, Microsoft OneDrive, UsersCloud, Uploaded, EasyBytez, FreakShare. Compressed in RAR, AZW3, ZIP, CAB