Quality Investing: Owning the best companies for the long term
| Author | : | |
| Rating | : | 4.84 (671 Votes) |
| Asin | : | 0857195123 |
| Format Type | : | paperback |
| Number of Pages | : | 224 Pages |
| Publish Date | : | 2013-08-16 |
| Language | : | English |
DESCRIPTION:
These are strong, predictable cash generation; sustainably high returns on capital; and attractive growth opportunities.. Perhaps through some combination of vision, scale, or business philosophy, these companies uncannily come out ahead.In our view, three characteristics indicate quality. For reasons that are not always evident, some end up doing the right things with better results than average. They may not appear to be savvier acquirers, more adept marketers, or bolder pioneers, yet they integrate new businesses better, launch products more successfully, and open new markets with fewer mishaps. People make judgments about it every day. They are not obviously smarter, smoother, richer, o
Replete with interesting lessons and insights relevant not just for investors, but for any business leader seeking to build an enduring, high-quality company, Quality Investing is an outstanding book and should be required reading for business leaders and MBA students as well as for investors.";- Henrik Ehrnrooth, President & CEO, KONE;"The book is a crisply-written mix of sound investment principles, insightful commercial patterns, and colorful business cases. Russo, Partner, Gardner, Russo & Gardner;"Quality Investing, fr
brendan said Shockingly good. Another reviewer complains that there's no "framework" here. Shockingly good.Another reviewer complains that there's no "framework" here. Thank God. Look, in some fields no matter how far you progress there's another framework - solid, concise, complex, interlocking body of knowledge - to be learned. Classical mechanics > electromagnetics > quantum, etc.More commonly in other fields there's some basic useful framework everyone should learn right away, but once that's mastered progress is all about filling your head with and deeply internalizing a huge number of relatively simple facts, stories, and patterns. (Of. Good Book on Quality Investing but No Framework It is a very good book on investing in quality companies. Investing is very difficult and there are so many exceptions to rules so there needs to breadth. Unfortunately, the only problem with the book is there is too much breadth and it is difficult to take away a framework that can be used for analyzing companies. It is a very good book that should be read and re-read. It is just written in a way that seems to have no linear path or a structure that can be used in analyzing companies.If you are interested in a framework for investing in quality compan. Solid Book The book was well written with plenty of examples. The book could have been a little deeper, but is good when taken at a high level.