Profitable investing is easy. Research and observation of 100s of years of market data tell you exactly what you should do to profit. So why is the advice you get so wrong?
I have been following Shailesh for a while now and he send me over a copy of his book for a pre-review. What I like about it is he challenges your beliefs and makes you consider alternative realities.
By no means is this book for beginners, your need to have a little experience in the market and investing strategies for this to challenge you and not go over your head.
Well worth the read.
Well, this book is not for everyone. If you want to follow the herd and stick all of your money in an index fund, or pay someone to "actively manage" and over-diversify your investments, keep walking. This book is for people who question the intentions and advice of the financial industry and want to make decisions for themselves. Kumar presents a well-researched, experience-based rationale for buying and holding small companies - and includes valuable resources for further reading and next steps. He doesn't just want you to act - he wants you to understand. The sign of a true advisor.
Great explanation on why small cap value stocks present best profit opportunities compared to other stocks/products and how to identify/realize them. Myths are highly informative and explained in detail. Valuable advice provided. Definitely, the author is a small cap value stocks expert.
Succintly put, the reader gets the very essence of value investing in a language a layman can understand. I enjoyed reading it and would highly recommend anyone interested in value investing to pick this up!
Practical, easy to read and follow. Helps you drown out the misguided information that some industries push to sell their narrative, and ultimately their products.
A must read for someone who wants to take responsibility for their own finances and get a good grasp of the philosophy required to be a successful investor.
I have been following Shailesh's work for about 5 years now. He has consistently outperformed the market, and is superb at finding value plays in this erratic market. This book is short, easy to read, easy to understand, and is a great introduction to value investors. I very much recommend this to anyone looking to introduce themselves to value investing, and even for experienced investors.