This text encapsulates the author's ability to discover investment trends, while clearly introducing them to the lay reader. By controversially debunking the conventional investment routes, Hagstrom uses research to identify an approach that goes against the grain of industry biases and tackles the status quo, overriding the long-term performance of active investing and indexes. The solution to mediocre returns, as he sees it, is in the practice of focus investing - a method that calls for the long-term optimisation of capital by concentrating on select businesses. Hagstrom shows readers how to identify these particular companies and why this method is most rewarding. He also outlines the strategies and philosophies of focus investing in detail, and shows readers how to implement them.
- ISBN10 0471247669
- ISBN13 9780471247661
- Publish Date 2 April 1999
- Publish Status Out of Stock
- Out of Print 31 May 2002
- Publish Country US
- Imprint John Wiley & Sons Inc
- Format Hardcover
- Pages 256
- Language English