Details

The Warren Buffetts Next Door

The World's Greatest Investors You've Never Heard Of and What You Can Learn From Them
1. Aufl.

von: Matthew Schifrin
19,99 €
Verlag:	Wiley
Format:	PDF
Veröffentl.:	05.10.2010
ISBN/EAN:	9780470915288
Sprache:	englisch
Anzahl Seiten:	224

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Beschreibungen

Titelbeschreibung

A practical guide for investors who are ready to take financial matters into their own hands The Warren Buffetts Next Door profiles previously unknown investors, with legendary performance records, who are proving every day that you don't need to work for a hedge fund or have an Ivy League diploma to consistently beat the best performing Wall Street professionals. These amazing individuals come from all walks of life, from a globe drifting college dropout and a retired disc jockey to a computer room geek and a truck driver. Their methods vary from technical trading and global macro-economic analysis to deep value investing. The glue that holds them together is their passion for investing and their ability to efficiently harness the Internet for critical investment ideas, research, and trading skills. <ul> <li>The author digs deep to find the best of the best, even finding those who are making money during these turbulent times</li> <li>Contains case studies that will explain to you how these great individual investors find and profit from stocks and options.</li> <li>Shows you how to rely on your own instincts and knowledge when making important investment decisions</li> </ul> In an era when the best professional advice has cracked many investor nest eggs and Madoff-style frauds have shattered investor trusts, the self-empowered investors found in The Warren Buffetts Next Door offer an inspiring and educational tale.

Inhaltsverzeichnis

Foreword xiii Acknowledgments xv Introduction: Thou Shalt Covet Thy Neighbor’s Portfolio xvii Chapter 1 Vagabond Value 1 Tangible Tactics 3 Who Is Chris Rees? 6 Rees’s Rules of Investing 10 Case Study: Abatix Corp (OTC: ABIX) 11 Rees: In His Own Words 12 Reflecting on the Financial Meltdown of 2008 12 Chapter 2 Options Apostle 15 Sell Options, Have Fun, and Make Money 18 Who Is Bob Krebs? 20 Krebs’s Rules of Investing 24 Case Study: Annaly Mortgage (NYSE: NLY) 29 Krebs: In His Own Words 32 On Avoiding the Big Loss 32 A Silver Lining to the Crash of 2008 33 Chapter 3 Lady’s Man 35 Knife Catching 37 Who Is Mike Koza? 42 Koza’s Rules of Investing 46 Case Study: Radian Group (NYSE: RDN) 48 Koza: In His Own Words 50 On Comparing the Market to Whitewater Rafting 50 On Professional Money Management 51 Chapter 4 The Sorcerer’s Apprentice 53 Magpie Investing 56 Who Is Kai Petainen? 60 Petainen’s Rules of Investing 63 Case Study: Ternium, S.A. (NYSE:TX) 65 Petainen: In His Own Words 67 On Jim Cramer, John Stewart, Stock Analysts, and “Sisu” 67 Chapter 5 Network Miner 69 Peer-to-Peer Profi ts 71 Who Is Alan Hill? 77 Hill’s Rules of Investing 79 Case Study: China Energy Corp. (OTCBB: CHGY) 80 Hill: In His Own Words 83 On China’s Emergence 83 On Change 83 Chapter 6 Ramblin’ Jack 85 Buying Hiccups 87 Who Is Jack Weyland? 93 Weyland’s Rules of Investing 96 Case Study: Iomai 98 Weyland: In His Own Words 100 On Health Care versus Other Sectors 100 On His Approach to Investing 100 Chapter 7 The Oracle of Manitoba 101 Warren Buffett Meets Sir John Templeton 102 Who Is Randy McDuff? 104 McDuff’s Rules of Investing 107 Case Study: Companhia Brasileira de Distribuicao (NYSE: CBD) 111 McDuff: In His Own Words 114 On Utilities and Recession-Resistant Stocks 114 Post–2008 Crash Investing 114 On Retirement Investing 115 On New Money versus Old Money 115 Chapter 8 Mexican Gold 117 From Detective to Deal Maker 120 Who Is Andrew Swann? 124 Swann’s Rules of Investing 129 Case Study: OceanaGold (TSE: OGC.CA) 131 Swann: In His Own Words 133 On Owning Physical Gold 133 On Whether He Is a Speculator or Investor 133 On Living in Mexico 133 Chapter 9 Stock Angler 135 Do as I Do, Not as I Say 138 Who Is Justin Uyehara? 142 Uyehara’s Rules of Investing 143 Case Study: Medivation (NASDAQ: MDVN) 145 Uyehara: In His Own Words 147 On His Goal of Becoming a Money Manager 147 On Price-Earnings Multiples 147 On the Market’s Strong Rebound from 2008 147 Chapter 10 Bear Market Hero 149 Bear Tracking 151 Who Is John Navin? 157 Navin’s Rules of Investing 160 Case Study: PowerShares DB U.S. Dollar Index Bullish (NYSE: UUP) 162 Navin: In His Own Words 163 On Playing Blackjack and Investing 163 On Technical Analysis versus Fundamental Analysis 164 On the Goldman Sachs Scandal Fallout 164 Chapter 11 Legendary Investor Incubators 165 Marketocracy (www.marketocracy.com) 166 ValueForum.com (www.valueforum.com) 168 Value Investors Club (www.valueinvestorsclub.com) 170 Motley Fool Caps (http://caps.fool.com) 171 Covestor (www.covestor.com) 172 kaChing.com (www.kaching.com) 173 RiskGrades (www.riskgrades.com) 174 Investor’s Business Daily (www.investors.com) 175 American Association of Individual Investors (www.aaii.com) 176 FundAlarm (www.fundalarm.com) 177 StockCharts.com (www.stockcharts.com) 178 Other Sites to Bookmark 179 Notes 183 About the Author 187 Index 189

Autorenportrait

MATTHEW SCHIFRIN is Vice President and Investing Editor at Forbes Media LLC. He oversees money, investing, and personal finance content in Forbes magazine and on Forbes.com, including its Intelligent Investing and Financial Adviser Network. Schifrin also manages Forbes Newsletter Group and Forbes iConferences, and was the founding editor of Forbes.com's Best of the Web. As an investigative reporter, his articles have been featured on the cover of Forbes magazine dozens of times and he has been a finalist for an American Society of Magazine Editors National Magazine Award. Schifrin is a frequent speaker at investor conferences and has appeared numerous times on radio and television.

Back cover copy

"Good investors are constantly trying to learn. Matt Schifrin has detailed the investment journey of a talented group of investors that we can all learn something from. Enjoy the trip." — JOEL GREENBLATT From February 2001 through March 2010, an investment in a well-run index fund like Vanguard Total Stock Market would have earned you an annual return of less than 2%. The same investment in Warren Buffett's Berkshire Hathaway would have netted 6.25% on average per year. Had you invested in Mike Koza's portfolio, your total return would have averaged 34% per year. Who's Mike Koza? He's a civil engineer for the Sacramento County Department of Waste Management. He's also one of a growing number of armchair investors taking control of their investment portfolios and routinely beating the Street's biggest names. The Warren Buffetts Next Door is Mike Koza's story, and the stories of nine others like him. And it's your guidebook should you decide to take control of your financial future. In The Warren Buffetts Next Door: The World's Greatest Investors You've Never Heard of and What You Can Learn from Them, Forbes's Matthew Schifrin provides case studies of ten successful investors—everyday people—who are investing in themselves, and in the process, experiencing extraordinary returns. Schifrin details their personal stories, along with their investment strategies, trading philosophies, and rules for investing. You'll learn about: <ul> <li>CHRISTOPHER REES, who spent close to thirty years of his life roaming from one town to the next working at any job that would pay him enough to continue his travels. Since October 2000, his investments have seen an average annual return of 25% versus 0.21% for the S&P 500</li> <li>JACK WEYLAND, a former truck driver whose average annual return since July 2002 is 36% vs. 7% for the S&P 500</li> <li>ALAN T. HILL, a retired educational software executive whose cumulative return since July 2005 is 1,026% vs. 28% for the S&P 500</li> </ul> There are more than fifty million online investors. Many of these "amateurs" are achieving professional results without the professional commissions. Their names may never be on the level of a Buffett or a Bogle, but people like Koza, Rees, Weyland, and Hill aren't out to make a name for themselves. They're out to make enough money to enjoy a lifestyle of their choosing. And that's exactly what they're doing. And with The Warren Buffetts Next Door, it's what you can do, as well. The only real prerequisite to becoming a good investor is committing the time to educate yourself. The Warren Buffetts Next Door offers timeless advice and inspiration for any investor hoping to profit by investing in themselves.