Overview

"As originally conceived by the legendary Benjamin Graham, traditional value investing involves purchasing relatively stable stocks and companies at a percentage below their intrinsic value. But this approach contains many hidden, U.S.-centric assumptions that simply don’t work well in today’s high-growth emerging markets. In this book, leading global value investor Jeffrey Towson extends and modernizes value investing, helping you apply its core principles while you access tremendous opportunities available in today’s fastest-growing markets.   Towson introduces the powerful Value Point system that grows out of his experience on the elite investing team selected by Prince Alwaleed, the ""Arabian Warren Buffett."" While retaining Graham’s relentless focus on price and quality, he shows how to integrate three crucial additional forms of value into your stock assessments: the value of political access in a government-infused investment world, the value of reputation in a world of colliding markets, actors and biases, and the value of capabilities in a multi-local world.   Building on these techniques, Towson presents a complete investment playbook for the next five years. Next, he shows how to invest for the next twenty years—successfully navigating the titanic market collisions that will batter investors who aren’t prepared for them."

Full Product Details

Author:   Jeffrey Towson
Publisher:   Pearson Education (US)
Imprint:   Financial TImes Prentice Hall
Dimensions:   Width: 16.20cm , Height: 2.40cm , Length: 23.40cm
Weight:   0.572kg
ISBN:  

9780132173230

ISBN 10:   0132173239
Pages:   320
Publication Date:   07 July 2011
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Out of Print
Availability:   In Print  
Limited stock is available. It will be ordered for you and shipped pending supplier's limited stock.

Table of Contents

Acknowledgments     xv About the Author     xvi Preface     xvii Chapter 1: Introduction     1 Chapter 2: Rethinking Value in a Global Age     17 Chapter 3: Value Point     45 Chapter 4: Investing in Politicized Markets     67 Chapter 5: How Political Access Adds Value     87 Chapter 6: The World Is Biased     107 Chapter 7: The Profits and Perils of Reputation     125 Chapter 8: Capability Deals in Theory     145 Chapter 9: Capability Deals in Practice     169 Chapter 10: Global Tycoons, Value Tanks, and Other “Go for the Jugular” Strategies     189 Chapter 11: It’s Still About Price and Quality     211 Chapter 12: A Global Investment Playbook     235 Chapter 13: After Markets Collide: The Next Twenty Years     265 Notes     281 Index     287

Reviews

Author Information

Jeffrey Towson is a specialist in global and cross-border investing, and is Managing Partner of the Towson Group, an investment firm based in New York, Dubai, and Shanghai. He previously served as Head of Direct Investments for Middle East North Africa and Asia Pacific for Prince Waleed, arguably the world’s first private global investor and nicknamed the “Arabian Warren Buffett” by Time Magazine.   Towson is a frequent writer and speaker on the topic of global investing (www.jeffreytowson.com). He is a Fellow at Cambridge University’s Judge School of Business and cohead of the Current Topics in Chinese Strategy and Investment Course at Peking University Guanghua Business School in Beijing.

Tab Content 6

Author Website:  

Customer Reviews

Recent Reviews

No review item found!

Add your own review!

Countries Available

All regions