Quality Investing - Owning the Best Companies for the Long TermPevná vazba
Quality Investing - Owning the Best Companies for the Long TermPevná vazba Quality. Yet articulating a clear definition of quality in an investing context is challenging. We all make judgments about…
Specifikacia Quality Investing - Owning the Best Companies for the Long TermPevná vazba
Quality Investing - Owning the Best Companies for the Long TermPevná vazba
Quality. Yet articulating a clear definition of quality in an investing context is challenging. We all make judgments about it every day.
Finance theory has it that abnormal outcomes do not persist, that exceptional performance will soon enough become average performance. This book addresses the challenge, and distills years of practical investing experience into a definitive account of this under-explored investment philosophy. 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.
Investing for the Long Term
Owning the Street
Investing for Growth
Investing for Dummies
Owning the Earth
Owning the Sun