Investment Philosophies
Investment Philosophies is the ultimate guide for investors who want a better understanding of investment strategies that have stood the test of time. This thorough book covers different investment philosophies and reveals the beliefs that underlie each. It covers a wealth of strategies including indexing, passive, and activist value investing, growth investing, chart/technical analysis, market timing, arbitrage, and many more investment philosophies. This vital resource examines various investing philosophies and provides you with helpful online resources and tools to fully investigate each investment philosophy.
"Damodaran is a well-informed scholar with a gift for organized, clearly written syntheses of complex topics in modern finance. With Investment Philosophies he provides the uncensored facts about winning in the marketplace. If you are a fund manager, an investor, or simply a student of finance, you will want to read this book."
― Tom Copeland, Managing Director of Corporate Finance, Monitor
"Professor Damodaran has zeroed in on the most important missing element of many investment management processes: a clearly defined investment philosophy which can serve as a beacon in difficult markets. He offers a cornucopia of philosophies and strategies that have worked for many of the most successful investors, and which have stood the test of time."
― Rob Arnott, Chairman, First Quadrant, LP; Editor, Financial Analysts Journal
"As an investor, I always have to look back to my philosophy and strategy for taking risks and making money. This book is an invaluable aid for 'taking stock' before buying stock. It lays out the concepts and tools for understanding the basics of risk and return in the stock market, and presents a framework for any investor to construct his or her own investment philosophy."
― Mitch Julis, Managing Partner, Canyon Capital Advisors