Common Stocks and Common Sense

Common Stocks and Common Sense

Author: Edgar Wachenheim, III

Publisher: John Wiley & Sons

Published: 2016-03-25

Total Pages: 140

ISBN-13: 1119259932

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Deep insight and candid discussion from one of Wall Street's best investors Common Stocks and Common Sense provides detailed insight into common stock investing, using a case-study approach based on real-world investments. Author Edgar Wachenheim is the 28-year CEO of Greenhaven Associates, boasting an average annual portfolio comparable to Warren Buffet's. In this book, he shares his knowledge and experiences by providing detailed analyses of actual investments made by himself and other investors. The discussion covers the entire investment process, including the softer, human side, with candid insight into the joys and frustrations, intensities and pressures, and risks and uncertainties. The unique emphasis on behavioral economics and real-world cases set this book apart from the herd—but it's Wachenheim himself and his deeply-examined perspective that elevates the book beyond a mere investing guide. Between 1990 and 2014, a typical portfolio managed by Wachenheim enjoyed an average annual return in excess of 18%, achieved using relatively conservative stocks and no financial leverage. As a proponent of evidence and example, his analysis of real cases serve as a valuable education for anyone looking to improve their own investment practices. Understand investment through the lens of a Wall Street leader Dig into the details of real-world common stock investing Learn how to invest creatively and minimize risk Go beyond theory to study strategy on a case-by-case basis Investment principles and strategies are easy to find—entire libraries have been written about theories and methods and what 'should' happen. But this book goes beyond the typical guide to show you how these ideas are applied in the real world—and what actually happened. Investors seeking real insight, real expertise, and a proven track record will find Common Stocks and Common Sense a uniquely useful resource.


Common Sense

Common Sense

Author: Edwin Glasscock

Publisher: iUniverse

Published: 2004-12

Total Pages: 164

ISBN-13: 0595334156

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This helped hundreds to make better choices in their lives…


Common Sense Leadership

Common Sense Leadership

Author: Roger Fulton

Publisher:

Published: 1995

Total Pages: 127

ISBN-13: 9780898157437

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Just as his first book, COMMON SENSE SUPERVISION (now in its fifth printing), helped the new manager to come to grips with new responsibilities, this book will help that manager with the next most important task—leadership. With the same easy manner and reliance on keeping things simple and clear, Roger Fulton prepares the new manager for the first role that leadership plays and explains how to master the principles that can make one effective.


The Value Proposition: Sionna's Common Sense Path to Investment Success

The Value Proposition: Sionna's Common Sense Path to Investment Success

Author: Kim Shannon

Publisher: Sionna Investment Managers Inc.

Published: 2013-12-21

Total Pages: 136

ISBN-13: 0991836618

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If you're looking for advice on how to make a fast buck and get an adrenalin high from investing, this book is not for you. If you're looking to build wealth over time, Kim Shannon covers a common sense approach that Sionna Investment Managers uses to manage money on behalf of its clients. Shannon and her investment team follow a path well-established by the most successful value investors: Benjamin Graham, David L. Dodd, Sir John Templeton, Peter Lynch and the "world's greatest investor," Warren Buffett. However, Sionna has a unique take on value — one that addresses the idiosyncrasies of concentrated markets — like those within Canada. Despite proven success, value investing struggles for respect, particularly during bubbles and declines when investors take cues from headlines instead of reason and experience. Shannon discusses the psychological impulses underlying mispriced stocks that become unmoored from their intrinsic value. Citing examples, she endorses understanding investment psychology and using relative value to buy illogically discounted shares. Suited for investors at all levels, The Value Proposition reveals Sionna's quantitative and qualitative processes and a "Sherlock Holmes" orientation to reading financial statements and assessing a company's management. After 30 successful years in the hard knocks investment world, Shannon views herself fortunate to have found her calling managing money for institutions and individuals. She describes the unlikely journey that led to an industry that has only recently attracted women. Her account of influential mentors, the merits of staying independent and her creation of a strong Sionna culture make for an engaging and informative read.


Disability is Natural

Disability is Natural

Author: Kathie Snow

Publisher:

Published: 2001

Total Pages: 646

ISBN-13:

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In this user-friendly book, parents learn revolutionary common sense techniques for raising successful children with disabilities. When we recognize that disability is a natural part of the human experience, new attitudes lead to new actions for successful lives at home, in school and in communities. When parents replace today's conventional wisdom with the common sense values and creative thinking detailed in this book, all children with disabilities (regardless of age or type of disability) can live the life of their dreams. Readers will learn how to define a child by his or her assets - instead of a disability-related "problem," and how to create new and improved partnerships with educators, health care professionals, family and friends


Success Secrets

Success Secrets

Author: Merrill Douglass

Publisher:

Published: 1997

Total Pages: 260

ISBN-13: 9781562921897

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"Outstanding success is now within your reach, according to author Merrill Douglass. This book gives you all the powerful, life-changing guidance and direction you need to reach full potential in your personal and professional life.


Common Sense Supervision

Common Sense Supervision

Author: Roger Fulton

Publisher: National Geographic Books

Published: 1988-11-01

Total Pages: 0

ISBN-13: 0898152585

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COMMON SENSE SUPERVISION is a practical manual for people who are new or experienced in supervisory positions. Written in a clear non-nonsense style, the book outlines the responsibilities of a supervisor and shows how to make the workday work.


Common Sense Forestry

Common Sense Forestry

Author: Hans W. Morsbach

Publisher: Chelsea Green Publishing

Published: 2002

Total Pages: 250

ISBN-13: 1931498210

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Common Sense Forestry relates thirty years' experience of an environmentally conscious woodland owner. Much of the book is devoted to starting a forest and how to maintain it. It answers such questions as: What seedlings to buy? Should your forest be monoculture or a mixed forest? What is the payback for planting and maintaining a forest? Is seeding a good way to start a forest? What kind of seeds work best? Does it pay to hire a consultant? What should he/she do for you? Does it pay to do much maintenance in your forest? How should I prune? Is timberland improvement worthwhile? How, when and whether to thin? How to herbicide and when? Can the damage done to nature by chemicals be justified by the benefits to your seedlings? What are the economics of woodland ownership? The success and history of German forestry methods is discussed and suggests what can be learned from these age-old practices. It will tell you how to file your income taxes, what equipment to buy, what works--and does not work--and why. It also provides guidance on how to deal with state and federal programs. Although intended for private woodland owners, the book is used as a classroom text in universities. The book is more practical than technical, yet still imparts knowledge of basic forestry, explaining terms such as succession and shade tolerance and how to apply these concepts in practice. Even sophisticated concepts are covered in plain, non-technical terms. Hans Morsbach, the author, believes that forestry is an art more than a science. Competent foresters may apply different methods of managing their forests and achieve comparable results. Still, it is important to be guided by natural forest principles. Doing nothing may sometimes be a better course of action than doing too much. The book suggests ways to gauge your involvement with your woodland to time available and your personal preference. It is most important that you enjoy your forest.