
Learning insights from Wall Street’s best portfolio managers is incredibly smart for any investor, and R.J. Shook provides an excellent conduit through The Winner’s Circle. It makes perfect sense to see what the great investors have done. In every other field of endeavor, from the arts to medicine to sports, people turn to the best practitioners to learn how they succeeded.
The irony is that when it comes to investments, university classes teach
the theory of investing—that markets are efficient and you can’t beat
them.This is the equivalent of saying that there are rules of literature, and if you don’t follow them, you can’t write a great novel. The managers profiled in this book have long-term track records—many of them through
multiple bear and bull markets—that have stood the test of time.
R.J. Shook is essentially providing readers a unique opportunity to
spend a day with 14 outstanding portfolio managers and learn how they
think and how they process information to make their investment decisions.
Discovering how these managers invest, the mistakes they have made
and since learned from, how they think, and what they have studied over
time is extremely relevant to individual investors.
Of course, individual investors have more freedom than the typical
money manager. The professionals have to worry about their quarterly
performances, whether their track record will fall off and hurt their rankings, and so on. But individuals can emulate these professional money managers—even by picking and choosing investing styles and ideas—and Shook has selected the crème de la crème from which to choose.
Link
http://rapidshare.com/files/69867792/The_Winner_s_Circle_-_R.J._SHOOK.rar.html
