Download Quality Investing: Owning the Best Companies for the Long Term Writen By Lawrence A. Cunningham

Quality Investing: Owning the Best Companies for the Long Term

By : Lawrence A. Cunningham

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Book Synopsis :

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

Book Detail :

Author : Lawrence A. Cunningham

Pages : 224 pages

Publisher : Harriman House

Language : eng

ISBN-10 : 0857195123

ISBN-13 : 9780857195128

 
Supporting format: PDF, EPUB, Kindle, Audio, MOBI, HTML, RTF, TXT, etc.
Supporting : PC, Android, Apple, Ipad, Iphone, etc.
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