Develop a sound investment philosophy based on lessons from history
Trailblazers, Heroes, and Crooks: Stories to Make You a Smarter Investor is a highly entertaining and insightful look into key stories from history, teaching lessons about sound principles of investing, and controlling emotions and bias when managing your investment portfolio to help you become a stronger, more intelligent investor. Written by author and finance professor Stephen R. Foerster, this book spans from before the Middle Ages to the 2020s.
Some of the stories in this book include:
Cristiano Ronaldo taking two bottles of Coke off a table at a press conference, and ostensibly causing Coca-Cola's stock value to plunge $4 billion Harry Markopolos trying to develop a strategy similar to Bernie Madoff's, realizing his strategy was bogus, and spending a decade proving his case A hostage crisis in twelfth century Venice involving trumped-up charges, conflict, deceit, a plague, and an angry mob, leading to the birth of government bonds A salad oil swindle almost destroying American Express, prompting Warren Buffett to make one of the best stock investments ever
For both experienced and novice investors, Trailblazers, Heroes, and Crooks: Stories to Make You a Smarter is a fun, accessible, and informative guide that through history shows, not tells, you how to develop an investment philosophy of guiding principles, and become a better investor.
By:
Stephen R. Foerster (University of Western Ontario Canada)
Imprint: John Wiley & Sons Inc
Country of Publication: United States
Dimensions:
Height: 231mm,
Width: 160mm,
Spine: 28mm
Weight: 454g
ISBN: 9781394275922
ISBN 10: 1394275927
Pages: 256
Publication Date: 16 September 2024
Audience:
General/trade
,
ELT Advanced
Format: Hardback
Publisher's Status: Active
Preface vii Chapter 1 Did Ronaldo Move the Stock Market? 1 Chapter 2 Masterly Inactivity: the Art of Not Acting 13 Chapter 3 Opportunity Cost: Why Pay Bonilla Not to Play Baseball 23 Chapter 4 Madoff’s Ponzi Scheme: Trust, but Verify Before Investing 35 Chapter 5 How Investor Fomo Cost Newton a Fortune 53 Chapter 6 Hetty Green, the Queen of Value Investing 67 Chapter 7 Greed and Fear: Buffett and the Great Salad Oil Swindle 91 Chapter 8 The Blank-check Company Scam 109 Chapter 9 A Tennis Book and the Index Revolution 123 Chapter 10 Why Swiss Bankers Bet on Young Lives 137 Chapter 11 Bre-x: All That Glitters Isn’t Gold 153 Chapter 12 Autopilots Gone Wrong 173 Chapter 13 A Hostage Crisis and the Birth of Government Bonds 187 Chapter 14 A Revolutionary Innovation to Fight Inflation 203 Chapter 15 A Market Crash, Recovery, and Conspiracy Theories 219 Acknowledgments 235 About the Author 239 Index 241
STEPHEN R. FOERSTER is an author and finance professor at the Ivey Business School at Western University in London, Ontario, Canada. He has a PhD from the Wharton School, University of Pennsylvania and a Chartered Financial Analyst designation. His previous books include Financial Management: A Primer; Financial Management: Concepts and Applications; and In Pursuit of the Perfect Portfolio: The Stories, Voices, and Key Insights of the Pioneers who Shaped the Way We Invest (with Andrew W. Lo), which won the Axiom Personal Finance category silver medal. His next project: writing the authorized biography of William Sharpe, 1990 recipient of the Nobel Prize in Economics.
