Book Description
The world’s savviest investors are those who can recognize when the herd is running headlong in the wrong direction and can take advantage of their fear and confusion. That’s never been truer than it is right now. Now, there’s a book that will show you how to earn the same outside returns these savvy value investors do. Buying at the Point of Maximum Pessimism will help you uncover enormous value opportunities that keep on emerging even as the economic crisis keeps spreading. Lauren Templeton Capital Management principal D. Scott Phillips, Jr., co-author of the best-seller Investing the Templeton Way, has systematically updated the proven techniques of value investing for today’s radically new markets. Phillips carefully identifies crucial changes underway in the financial system and investing landscape, and offers investing solutions that respond to today’s crucial new risks. You’ll learn how to invest in markets facing an increased government role and lower access to capital; manage growing risk of inflation spikes; scavenge for profits in distressed sectors; find winning opportunities overseas; and much more. Every market offers opportunity to those who can find value where others aren’t looking. Today, there’s no more important investing skill and Buying at the Point of Maximum Pessimism is the one book that will teach it to you.
About the Author
D. Scott Phillips, Jr. is a portfolio manager and principal with Lauren Templeton Capital Management, LLC, an alternative and traditional asset management firm. Before joining Lauren Templeton Capital Management, LLC, in 2007 Scott spent four years as a research analyst and consultant to Green Cay Asset Management, where he was the lead research analyst on the Siebels Hard Asset Fund, a long/short equity hedge fund focused on hard assets and commodities. With Lauren C. Templeton, he co-authored Investing the Templeton Way. He currently authors a quarterly newsletter, The Maximum Pessimism Report, which is distributed globally.
Book Details
- Hardcover: 288 pages
- Publisher: FT Press; 1 edition (May 21, 2010)
- Language: English
- ISBN-10: 0137038496
- ISBN-13: 978-0137038497