Présentation de l'éditeur
Investing legend Warren Buffett once said that success in investing doesn t correlate with I.Q. once you re above the level of 125. Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing.
In an attempt to understand exactly what kind of temperament Buffett was talking about, Ronald W. Chan interviewed 12 value–investing legends from around the world, learning how their personal background, culture, and life experiences have shaped their investment mindset and strategy. The Value Investors: Lessons from the World s Top Fund Managers is the result.
From 106–year–old Irving Kahn, who worked closely with father of value investing Benjamin Graham and remains active today, and 95–year–old Walter Schloss (described by Warren Buffett as the super–investor from Graham–and–Dodsville ), to the co–founders of Hong Kong–based Value Partners, Cheah Cheng Hye and V–Nee Yeh, and Francisco García Paramés of Spain s Bestinver Asset Management, Chan chose investment luminaries to help him understand the international appeal and success of value investing. All of these men became strong advocates of the approach despite considerable age and cultural differences. Chan finds out why.
In The Value Investors, readers will also discover how these investors, each of whom has a unique value perspective, have consistently beaten the stock market over the years. Do they share a trait that allows this to happen? Is there a winning temperament that turns the ordinary investor into an extraordinary one? This book answers these questions and more.
Revue de presse
September 26, 2012
The Rational Walk
Book Review: The Value Investors by Ronald Chan
September 11, 2012
Seeking Alpha
Book Review: Ronald W. Chan′s The Value Investors
September 3, 2012
bobmorris.biz
The Value Investors: A book review by Bob Morris
"The book is an informative, easy and enjoyable read and I personally would recommend it to anyone who is interested in investment strategies and in money management. (Financial Markets and Portfolio Management,February 2014)
Quatrième de couverture
INTERVIEWS WITH: Mark Mobius William Browne Francisco García Paramés Shuhei Abe Irving Kahn Thomas Kahn Anthony Nutt V–Nee Yeh Walter Schloss Jean–Marie Eveillard Teng Ngiek Lian Cheah Cheng Hye
Praise for The Value Investors
"Ronald Chan′s book contains two of my favorite subjects investing and biographies. Seeing them combined in such a flowing format is very enjoyable."
Donald Yacktman, President and Co–Chief Investment Officer, Yacktman Asset Management Co.
"With wisdom, perspective, insight, pragmatism, and emotional intelligence, Ronald Chan delivers invaluable and timeless guidance that individual and institutional investors all over the world can effectively apply to improve their investment performance."
David M. Darst, CFA, Managing Director and Chief Investment Strategist, Morgan Stanley Smith Barney
"Ronald Chan′s interviews with leading value investors bring forth outstanding investing insights. The investors explain their successful approaches and provide examples to learn from. I recommend this book to all investors, small or large, novice or experienced."
Prem C. Jain, McDonough Professor of Accounting and Finance, Georgetown University, and author of Buffett Beyond Value
Biographie de l'auteur
Ronald W. Chan is the founder of Chartwell Capital Limited, an investment manage– ment company based in Hong Kong. He is a frequent contributor to financial newspapers and magazines in the Asia–Pacific region, and is the author of Behind the Berkshire Hathaway Curtain: Lessons from Warren Buffett′s Top Business Leaders (Wiley). Chan received bachelor of science degrees in finance and accounting from the Stern School of Business at New York University.