Calgary Public Library

The manual of ideas, the proven framework for finding the best value investments, John Mihaljevic

eng

Includes bibliographical references and index

index present

non fiction

The manual of ideas

bibliographydictionaries

841187606

John Mihaljevic

the proven framework for finding the best value investments

Reveals the proprietary framework used by an exclusive community of top money managers and value investors in their never-ending quest for untapped investment ideas. Considered an indispensable source of cutting-edge research and ideas among the world's top investment firms and money managers, the journal The Manual of Ideas boasts a subscribers list that reads like a Who's Who of high finance. Written by that publication's managing editor and inspired by its mission to serve as an "idea funnel" for the world's top money managers, this book introduces you to a proven, proprietary framework for finding, researching, analyzing, and implementing the best value investing opportunitie

The Manual of Ideas: The Proven Framework for Finding the Best Value Investments; Copyright; Contents; Foreword; Preface; Chapter 1: A Highly Personal Endeavor: What Do You Want to Own?; Give Your Money to Warren Buffett, or Invest It Yourself?; Cast Yourself in the Role of Capital Allocator; Role versus Objective: A Subtle but Important Distinction; The Buck Stops Here; The Scale of Investments: How Much Is a Billion Dollars, Really?; Owner Mentality; Adopting the Right Mind-Set; Stock Selection Framework; Key Takeaways; NotesChapter 2: Deep Value: Ben Graham-Style Bargains: Inelegant but Profitable Strategy of Cigar Butt InvestingThe Approach: Why It Works; Track Record Dating Back to the Father of Security Analysis; Some Companies Are Worth More Dead Than Alive; Investors' Obsession with Income; Uses and Misuses of Ben Graham-Style Investing; The Rewards of Psychological Discomfort; Not a Low-Turnover, Long-Term-Oriented Investment Approach; Beware of Portfolio Concentration in the Land of Cigar Butts; Screening for Graham-Style Bargains; Ben Graham's Net Net Screen; Martin Whitman's Modified Net Net ScreenEnhanced Screening: Repurchases, Insider Buying, Shrinking Working Capital RequirementsBeyond Screening: Working through a List of Deep Value Candidates; Adjusting Balance Sheet Values in a Liquidation Scenario; Companies at Cyclical Lows versus Those in Secular Decline; Oxymoron or Opportunity: Net Nets with Non-Capital-Intensive Businesses; Asking the Right Questions of Graham-Style Bargains; Is Value Growing, Staying Flat, or Shrinking over Time?; Is Liquidation Value Really Much Higher Than Market Value?; What Is the Catalyst to Unlocking Value?; Key Takeaways; NotesChapter 3: Sum-of-the-Parts Value: Investing in Companies with Excess or Hidden AssetsThe Approach: Why It Works; Uses and Misuses of Investing in Companies with Overlooked Assets; Is an Identifiable Asset Really a Separate Asset?; What Is the Catalyst to Unlocking Noncore Value?; Is the Offer ""Buy One, Get One Free"" or ""Buy 10, Get One Free""?; Screening for Companies with Multiple Assets; Companies with Multiple Operating Businesses; Companies with Large Holdings of Net Cash; Companies with Investments in Other Companies; Companies with Large Real Estate HoldingsBeyond Screening: Proven Ways of Finding Hidden AssetsScrutinizing the Holdings of Smart Investor-Detectives; Combing through Areas of Specific Opportunity; Building a Watchlist of Companies with Hidden Value; Asking the Right Questions of Companies with Hidden Assets; To What Extent Are the Hidden Assets Really Overlooked?; What Is the Investment Case without the Noncore Assets?; What Is the Path to Value Capture?; Key Takeaways; Notes; Chapter 4: Greenblatt's Magic Search for Good and Cheap Stocks; The Approach: Why It Works; The Magic of Making Money; The Magic of a Low Price