The Winning Investment Habits of Warren Buffett & George Soros: Harness the Investment Genius of the World's Richest Investors

3,91 valoración promedio
( 262 valoraciones por Goodreads )
 
9780312358785: The Winning Investment Habits of Warren Buffett & George Soros: Harness the Investment Genius of the World's Richest Investors

Warren Buffett, Carl Icahn, and George Soros all started with nothing---and made billion-dollar fortunes solely by investing. But their investment strategies are so widely divergent, what could they possibly have in common?

As Mark Tier demonstrates in this insightful book, the secrets that made Buffet, Icahn, and Soros the world's three richest investors are the same mental habits and strategies they all practice religiously. However, these are mental habits and strategies that fly in the face of Wall Street's conventional mindset. For example:

-Buffett, Icahn, and Soros do not diversify. When they buy, they buy as much as they can.

-They're not focused on the profits they expect to make. Going in, they're not investing for the money at all.

-They don't believe that big profits involve big risks. In fact, they're far more focused on not losing money than making it.

-Wall Street research reports? They never read them. They're not interested in what other people think. Indeed, Buffett says he only reads analyst reports when he needs a laugh.

In The Winning Investment Habits of Warren Buffett & George Soros you can discover how the mental habits that guided your last investment decision stack up against those of Buffett, Icahn, and Soros. Then learn exactly how you can apply the wealth-building secrets of the world's richest investors to transform your own investment results.

"Sinopsis" puede pertenecer a otra edición de este libro.

From the Author:

While writing The Winning Investment Habits of Warren Buffett & George Soros, I got to know two highly successful investors very well. Part of my research was analyzing their investment habits to check the accuracy of my analysis.

I also met several novice investors, analyzing their poor investment habits to contrast with the successful ones.

I gave copies the manuscript to all of them, and asked them all for their comments.

Here's how I expected they would react:

  • The successful investors would come back and tell me where it sucked -- where I'd made mistakes, bloopers, and so on;
  • The novice investors would use it to improve their investment results.
Boy, was I wrong!

One point of clarification: just how successful were these two successful investors?

Both these men had achieved independent wealth through their investing. One, then in his sixties, was twenty when he arrived on Wall Street and became a millionaire before he turned thirty -- by investing on his own account, not hustling investments to others. The second started a bit later, but was also independently wealthy.

Both had made enough money from their investments to sit on their thumbs for the rest of their lives.

I had learnt from them -- what could they learn from me? Nothing at all, I assumed.

They both thought differently: 
  • "Here is a different way of looking at the investing process. Maybe I'll learn something."
They both went through all 23 Winning Investment Habits carefully, comparing my analysis with their own behaviors. They checked the 12 components of the successful investment system against their own approach.

One of them tweaked his exit strategy, based on my exposition.

This is, unquestionably, the greatest compliment I've ever received on this book.

Compare that reaction to that of "Henry," whose reaction was typical of several novice investors I talked with.

I spent enough time with Henry to get to know him reasonably well. In his early twenties, he had accumulated about $10,000 and had been investing on the stock market for about a year. His results weren't appalling, but he'd have done better if he'd left his money in a index fund. His reaction to the manuscript: "Interesting."

That's it!

Did he apply the habits, or attempt to?

No.

Did it make him think more deeply about his strategy or anything else related to his investments?

Not as far as I could tell.

id it make any difference to his life?

Aside from an enjoyable read, not in any discernable way.

A psychological attack on would-be traders?

A few reviews of The Winning Investment Habits of Warren Buffett & George Soros are rather, how shall I put it? -- decidedly uncomplimentary.

One (on Amazon.co.uk) describes The Winning Investment Habits as a "psychological attack on would-be traders."

As far as I can tell, all I did was point out that trading is far more stressful than investing.

When you're under pressure, you're more likely to make mistakes.

When the pressure is unrelenting, you can burn out.

Traders burn out; investors don't.

Even Soros burnt out; Buffett never has.

Soros learnt how to deal with stress, partly by delegating some or all of the responsibility to others and acting as "coach" rather than trader. The result: he can come back into the saddle when necessary, totally refreshed.

Which is exactly what he did in the middle of the financial crisis of 2008. He took back control of his Quantum Fund: while everyone else on Wall Street was losing their shirts, he was up over 30% for the year.

If you're so good, why write a book?

Fair question.

I wrote this book because I'm a writer. That's what I love to do. The best way for me to learn something is to write about it.

Writing this book was the end of a long quest for the keys to successful investing. In the process of identifying the 23 Winning Investment Habits I realized my problem wasn't a lack of knowledge; the problem was me. My own mental habits. I worked hard to change them. The result: the returns from my investments now pay the rent, send the kids to school, put food on the table, and so on.

Every morning, I can choose to do with my day whatever I wish (including sleeping in).

Mostly, I choose to write.

Wouldn't you like have a life like that?

If I can do it, so can you.

From the Back Cover:

"Peter Lynch, who produced an annual return of 29 percent during the years he ran the Fidelity Magellan Fund; legendary investors such as Bernard Baruch, Sir John Templeton, and Philip Fisher; and every one of dozens of other highly successful investors (and commodity traders) I've studied and worked with, all practice exactly the same mental habits as Buffet, Icahn, and Soros, without exception."--excerpt from The Winning Investment Habits of Warren Buffett & George Soros

"Sobre este título" puede pertenecer a otra edición de este libro.

Los mejores resultados en AbeBooks

1.

Tier, Mark
Editorial: St. Martin's Griffin
ISBN 10: 0312358784 ISBN 13: 9780312358785
Nuevos PAPERBACK Cantidad: 1
Librería
Your Online Bookstore
(Houston, TX, Estados Unidos de America)
Valoración
[?]

Descripción St. Martin's Griffin. PAPERBACK. Estado de conservación: New. 0312358784 Ships promptly. Nº de ref. de la librería HCI8684KWGG060117H0138

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 8,18
Convertir moneda

Añadir al carrito

Gastos de envío: GRATIS
A Estados Unidos de America
Destinos, gastos y plazos de envío

2.

Mark Tier
ISBN 10: 0312358784 ISBN 13: 9780312358785
Nuevos Cantidad: > 20
Librería
BWB
(Valley Stream, NY, Estados Unidos de America)
Valoración
[?]

Descripción Estado de conservación: New. Depending on your location, this item may ship from the US or UK. Nº de ref. de la librería 97803123587850000000

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 10,68
Convertir moneda

Añadir al carrito

Gastos de envío: GRATIS
A Estados Unidos de America
Destinos, gastos y plazos de envío

3.

Mark Tier
Editorial: MacMillan Publishers
ISBN 10: 0312358784 ISBN 13: 9780312358785
Nuevos Cantidad: > 20
Librería
INDOO
(Avenel, NJ, Estados Unidos de America)
Valoración
[?]

Descripción MacMillan Publishers. Estado de conservación: New. Brand New. Nº de ref. de la librería 0312358784

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 8,79
Convertir moneda

Añadir al carrito

Gastos de envío: EUR 3,01
A Estados Unidos de America
Destinos, gastos y plazos de envío

4.

Tier, Mark
ISBN 10: 0312358784 ISBN 13: 9780312358785
Nuevos Cantidad: > 20
Librería
Paperbackshop-US
(Wood Dale, IL, Estados Unidos de America)
Valoración
[?]

Descripción 2006. PAP. Estado de conservación: New. New Book. Shipped from US within 10 to 14 business days. Established seller since 2000. Nº de ref. de la librería VV-9780312358785

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 8,49
Convertir moneda

Añadir al carrito

Gastos de envío: EUR 3,43
A Estados Unidos de America
Destinos, gastos y plazos de envío

5.

Mark Tier
Editorial: Truman Talley Books, United States (2006)
ISBN 10: 0312358784 ISBN 13: 9780312358785
Nuevos Paperback Cantidad: 1
Librería
The Book Depository
(London, Reino Unido)
Valoración
[?]

Descripción Truman Talley Books, United States, 2006. Paperback. Estado de conservación: New. annotated edition. Language: English . Brand New Book. Warren Buffett, Carl Icahn, and George Soros all started with nothing---and made billion-dollar fortunes solely by investing. But their investment strategies are so widely divergent, what could they possibly have in common? As Mark Tier demonstrates in this insightful book, the secrets that made Buffet, Icahn, and Soros the world s three richest investors are the same mental habits and strategies they all practice religiously. However, these are mental habits and strategies that fly in the face of Wall Street s conventional mindset. For example: -Buffett, Icahn, and Soros do not diversify. When they buy, they buy as much as they can. -They re not focused on the profits they expect to make. Going in, they re not investing for the money at all. -They don t believe that big profits involve big risks. In fact, they re far more focused on not losing money than making it. -Wall Street research reports? They never read them. They re not interested in what other people think. Indeed, Buffett says he only reads analyst reports when he needs a laugh. In The Winning Investment Habits of Warren Buffett George Soros you can discover how the mental habits that guided your last investment decision stack up against those of Buffett, Icahn, and Soros. Then learn exactly how you can apply the wealth-building secrets of the world s richest investors to transform your own investment results. Nº de ref. de la librería AAS9780312358785

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 13,10
Convertir moneda

Añadir al carrito

Gastos de envío: GRATIS
De Reino Unido a Estados Unidos de America
Destinos, gastos y plazos de envío

6.

Mark Tier
Editorial: Truman Talley Books, United States (2006)
ISBN 10: 0312358784 ISBN 13: 9780312358785
Nuevos Paperback Cantidad: 1
Librería
The Book Depository US
(London, Reino Unido)
Valoración
[?]

Descripción Truman Talley Books, United States, 2006. Paperback. Estado de conservación: New. annotated edition. Language: English . Brand New Book. Warren Buffett, Carl Icahn, and George Soros all started with nothing---and made billion-dollar fortunes solely by investing. But their investment strategies are so widely divergent, what could they possibly have in common? As Mark Tier demonstrates in this insightful book, the secrets that made Buffet, Icahn, and Soros the world s three richest investors are the same mental habits and strategies they all practice religiously. However, these are mental habits and strategies that fly in the face of Wall Street s conventional mindset. For example: -Buffett, Icahn, and Soros do not diversify. When they buy, they buy as much as they can. -They re not focused on the profits they expect to make. Going in, they re not investing for the money at all. -They don t believe that big profits involve big risks. In fact, they re far more focused on not losing money than making it. -Wall Street research reports? They never read them. They re not interested in what other people think. Indeed, Buffett says he only reads analyst reports when he needs a laugh. In The Winning Investment Habits of Warren Buffett George Soros you can discover how the mental habits that guided your last investment decision stack up against those of Buffett, Icahn, and Soros. Then learn exactly how you can apply the wealth-building secrets of the world s richest investors to transform your own investment results. Nº de ref. de la librería AAS9780312358785

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 13,10
Convertir moneda

Añadir al carrito

Gastos de envío: GRATIS
De Reino Unido a Estados Unidos de America
Destinos, gastos y plazos de envío

7.

Tier, Mark
Editorial: St. Martin's Griffin
ISBN 10: 0312358784 ISBN 13: 9780312358785
Nuevos PAPERBACK Cantidad: > 20
Librería
Mediaoutlet12345
(Springfield, VA, Estados Unidos de America)
Valoración
[?]

Descripción St. Martin's Griffin. PAPERBACK. Estado de conservación: New. 0312358784 *BRAND NEW* Ships Same Day or Next!. Nº de ref. de la librería NATARAJB1FI835660

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 10,30
Convertir moneda

Añadir al carrito

Gastos de envío: EUR 3,43
A Estados Unidos de America
Destinos, gastos y plazos de envío

8.

Mark Tier
Editorial: Truman Talley Books, United States (2006)
ISBN 10: 0312358784 ISBN 13: 9780312358785
Nuevos Paperback Cantidad: 10
Librería
Book Depository hard to find
(London, Reino Unido)
Valoración
[?]

Descripción Truman Talley Books, United States, 2006. Paperback. Estado de conservación: New. annotated edition. Language: English . This book usually ship within 10-15 business days and we will endeavor to dispatch orders quicker than this where possible. Brand New Book. Warren Buffett, Carl Icahn, and George Soros all started with nothing---and made billion-dollar fortunes solely by investing. But their investment strategies are so widely divergent, what could they possibly have in common? As Mark Tier demonstrates in this insightful book, the secrets that made Buffet, Icahn, and Soros the world s three richest investors are the same mental habits and strategies they all practice religiously. However, these are mental habits and strategies that fly in the face of Wall Street s conventional mindset. For example: -Buffett, Icahn, and Soros do not diversify. When they buy, they buy as much as they can. -They re not focused on the profits they expect to make. Going in, they re not investing for the money at all. -They don t believe that big profits involve big risks. In fact, they re far more focused on not losing money than making it. -Wall Street research reports? They never read them. They re not interested in what other people think. Indeed, Buffett says he only reads analyst reports when he needs a laugh. In The Winning Investment Habits of Warren Buffett George Soros you can discover how the mental habits that guided your last investment decision stack up against those of Buffett, Icahn, and Soros. Then learn exactly how you can apply the wealth-building secrets of the world s richest investors to transform your own investment results. Nº de ref. de la librería BTE9780312358785

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 13,74
Convertir moneda

Añadir al carrito

Gastos de envío: GRATIS
De Reino Unido a Estados Unidos de America
Destinos, gastos y plazos de envío

9.

Mark Tier
ISBN 10: 0312358784 ISBN 13: 9780312358785
Nuevos Cantidad: 1
Librería
Castle Rock
(Pittsford, NY, Estados Unidos de America)
Valoración
[?]

Descripción Estado de conservación: Brand New. Book Condition: Brand New. Nº de ref. de la librería 97803123587851.0

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 14,26
Convertir moneda

Añadir al carrito

Gastos de envío: EUR 3,43
A Estados Unidos de America
Destinos, gastos y plazos de envío

10.

Mark Tier
Editorial: St. Martin's Griffin (2006)
ISBN 10: 0312358784 ISBN 13: 9780312358785
Nuevos Paperback Cantidad: 1
Librería
Ergodebooks
(RICHMOND, TX, Estados Unidos de America)
Valoración
[?]

Descripción St. Martin's Griffin, 2006. Paperback. Estado de conservación: New. Reprint. Nº de ref. de la librería DADAX0312358784

Más información sobre esta librería | Hacer una pregunta a la librería

Comprar nuevo
EUR 15,10
Convertir moneda

Añadir al carrito

Gastos de envío: EUR 3,43
A Estados Unidos de America
Destinos, gastos y plazos de envío

Existen otras copia(s) de este libro

Ver todos los resultados de su búsqueda