Overview

"""LESSONS FROM MASTER INVESTOR ANTON TAGLIAFERRO"" Many investors find navigating the sharemarket a daunting task as the market continues through its unpredictable cycles. Each boom brings a new fad or theme that excites investors who are bombarded by hype in the media. During these times, some companies reach extreme valuations, as investors get caught up in the froth and bubble. Inevitably, these often-irrational booms are followed by sharp corrections as reality catches up. High-quality stocks are not immune to market corrections but good-quality businesses, generating real earnings, tend to recover better over time and as calm is restored to markets. Investors Mutual Limited's (IML) quality and value investment philosophy is based on the premise that a company's share price will reflect its underlying value over the long-term. IML employs an active research-driven approach to identify companies that meet IML's quality criteria and then determine an appropriate valuation. Following this approach since 1998, IML's funds have experienced returns that are more consistent and less volatile than the Australian sharemarket. The sharemarket will continue to evolve, and while this book is not meant to be a complete guide to investing in the sharemarket, hopefully, these lessons, which cover how IML has invested over the past 20 years, will be of value to investors over the next 20 years."

Full Product Details

9780648727903

Table of Contents

Reviews

LESSONS FROM MASTER INVESTOR ANTON TAGLIAFERRO The Weekend Australian writes From seemingly unending bull markets to the inevitable sharp corrections, Investors Mutual founder Anton Tagliaferro has seen all manner of market cycles in his distinguished career at the helm of one of Australia's best-known fund managers. His new book, 20 Lessons from 20 Years of Quality and Value Investing , gives retail investors an invaluable guide to the rules that have underpinned his success as an active fund manager. David Rogers (January 2020)

Author Information

Anton Tagliaferro is one of Australia's most highly respected value-style fund managers. Anton founded Investors Mutual Limited (IML) in 1998 with the purpose of creating a research-driven fund manager focused on building portfolios of companies that represent both 'quality and value'. Originally from the island-nation of Malta, Anton arrived in Australia as a Chartered Accountant in the 1980's and was soon drawn to the allure of the sharemarket at a time when high-flying entrepreneurs dominated the headlines. His passion for investing in the sharemarket has not waned and he continues to put his considerable experience and the important lessons learnt over the last three decades - many of which are contained in this book - to mentor the IML investment team and to deliver to IML's clients' expectations.

Tab Content 6

Countries Available