Top 8 best competition demystified 2018
Finding the best competition demystified suitable for your needs isnt easy. With hundreds of choices can distract you. Knowing whats bad and whats good can be something of a minefield. In this article, weve done the hard work for you.
1. Competition Demystified: A Radically Simplified Approach to Business Strategy
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PortfolioDescription
Bruce Greenwald, one of the nation?s leading business professors, presents a new and simplified approach to strategy that cuts through much of the fog that has surrounded the subject. Based on his hugely popular course at Columbia Business School, Greenwald and his coauthor, Judd Kahn, offer an easy-to-follow method for understanding the competitive structure of your industry and developing an appropriate strategy for your specific position.Over the last two decades, the conventional approach to strategy has become frustratingly complex. It?s easy to get lost in a sophisticated model of your competitors, suppliers, buyers, substitutes, and other players, while losing sight of the big question: Are there barriers to entry that allow you to do things that other firms cannot?
2. Summary: Competition Demystified: Review and Analysis of Greenwald and Kahn's Book
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The must-read summary of Bruce Greenwald and Judd Kahn's book: "Competition Demystified: A Radically Simplified Approach to Business Strategy".This complete summary of the ideas from Bruce Greenwald and Judd Kahn's book "Competition Demystified" shows that, despite what the experts and consultants say, business strategy is not the be-all and end-all of effective business planning. Nor is strategic planning the only available source of superior returns. Strategy does matter in the long run because if a firm pursues unrealistic strategic goals, poor business outcomes are virtually guaranteed. Strategy is not, however, the whole story. The best strategy in the world cannot offset the need for operational excellence or good management. This summary highlights that good strategy formulation always focuses on three main goals.
Added-value of this summary:
* Save time
* Understand key concepts
* Increase your business knowledge
To learn more, read "Competition Demystified" and formulate your business strategy efficiently.
3. The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful Investor (Columbia Business School Publishing)
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Columbia University PressDescription
Howard Marks's The Most Important Thing distilled the investing insight of his celebrated client memos into a single volume and, for the first time, made his time-tested philosophy available to general readers. In this edition, Marks's wisdom is joined by the comments, insights, and counterpoints of four renowned investors and investment educators: Christopher C. Davis (Davis Funds), Joel Greenblatt (Gotham Capital), Paul Johnson (Nicusa Capital), and Seth A. Klarman (Baupost Group).These experts lend insight into such concepts as "second-level thinking," the price/value relationship, patient opportunism, and defensive investing. Marks also adds his own annotations, expanding on his book's original themes and issues. A new chapter addresses the importance of reasonable expectations, and a foreword by Bruce C. Greenwald, called "a guru to Wall Street's gurus" by the New York Times, speaks on value investing, productivity, and the economics of information.
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Howard Marks, the chairman and cofounder of Oaktree Capital Management, is renowned for his insightful assessments of market opportunity and risk. After four decades spent ascending to the top of the investment management profession, he is today sought out by the world's leading value investors, and his client memos brim with insightful commentary and a time-tested, fundamental philosophy. Now for the first time, all readers can benefit from Marks's wisdom, concentrated into a single volume that speaks to both the amateur and seasoned investor.
Informed by a lifetime of experience and study, The Most Important Thing explains the keys to successful investment and the pitfalls that can destroy capital or ruin a career. Utilizing passages from his memos to illustrate his ideas, Marks teaches by example, detailing the development of an investment philosophy that fully acknowledges the complexities of investing and the perils of the financial world. Brilliantly applying insight to today's volatile markets, Marks offers a volume that is part memoir, part creed, with a number of broad takeaways.
Marks expounds on such concepts as "second-level thinking," the price/value relationship, patient opportunism, and defensive investing. Frankly and honestly assessing his own decisions--and occasional missteps--he provides valuable lessons for critical thinking, risk assessment, and investment strategy. Encouraging investors to be "contrarian," Marks wisely judges market cycles and achieves returns through aggressive yet measured action. Which element is the most essential? Successful investing requires thoughtful attention to many separate aspects, and each of Marks's subjects proves to be the most important thing.
"This is that rarity, a useful book."--Warren Buffett
4. Value Investing: From Graham to Buffett and Beyond
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John Wiley SonsDescription
From the "guru to Wall Street's gurus" comes the fundamentaltechniques of value investing and their applicationsBruce Greenwald is one of the leading authorities on valueinvesting. Some of the savviest people on Wall Street have takenhis Columbia Business School executive education course on thesubject. Now this dynamic and popular teacher, with somecolleagues, reveals the fundamental principles of value investing,the one investment technique that has proven itself consistentlyover time. After covering general techniques of value investing,the book proceeds to illustrate their applications through profilesof Warren Buffett, Michael Price, Mario Gabellio, and othersuccessful value investors. A number of case studies highlight thetechniques in practice.
Bruce C. N. Greenwald (New York, NY) is the Robert HeilbrunnProfessor of Finance and Asset Management at Columbia University.Judd Kahn, PhD (New York, NY), is a member of Morningside ValueInvestors. Paul D. Sonkin (New York, NY) is the investment managerof the Hummingbird Value Fund. Michael van Biema (New York, NY) isan Assistant Professor at the Graduate School of Business, ColumbiaUniversity.
5. Competition Demystified (text only) by B. C. Greenwald by J.Kahn
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Competition Demystified: A Radically Simplified Approach to Business Strategy [Paperback] Bruce C. Greenwald (Author), Judd Kahn (Author)6. Inside the Investments of Warren Buffett: Twenty Cases (Columbia Business School Publishing)
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Columbia University PressDescription
Since the 1950s, Warren Buffett and his partners have backed some of the twentieth century's most profitable, trendsetting companies. But how did they know they were making the right investments? What did Buffet and his partners look for in an up-and-coming company, and how can others replicate their approach?A gift to Buffett followers who have long sought a pattern to the investor's success, Inside the Investments of Warren Buffett presents the most detailed analysis to date of Buffett's long-term investment portfolio. Yefei Lu, an experienced investor, starts with Buffett's interest in the Sanborn Map Company in 1958 and tracks nineteen more of his major investments in companies like See's Candies, the Washington Post, GEICO, Coca-Cola, US Air, Wells Fargo, and IBM. Accessing partnership letters, company documents, annual reports, third-party references, and other original sources, Lu pinpoints what is unique about Buffett's timing, instinct, use of outside knowledge, and postinvestment actions, and he identifies what could work well for all investors in companies big and small, domestic and global. His substantial chronology accounts for broader world events and fluctuations in the U.S. stock market, suggesting Buffett's most important trait may be the breadth of his expertise.
7. Accounting for Value (Columbia Business School Publishing)
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Accounting for Value teaches investors and analysts how to handle accounting in evaluating equity investments. The book's novel approach shows that valuation and accounting are much the same: valuation is actually a matter of accounting for value.Laying aside many of the tools of modern financethe cost-of-capital, the CAPM, and discounted cash flow analysisStephen Penman returns to the common-sense principles that have long guided fundamental investing: price is what you pay but value is what you get; the risk in investing is the risk of paying too much; anchor on what you know rather than speculation; and beware of paying too much for speculative growth. Penman puts these ideas in touch with the quantification supplied by accounting, producing practical tools for the intelligent investor.
Accounting for value provides protection from paying too much for a stock and clues the investor in to the likely return from buying growth. Strikingly, the analysis finesses the need to calculate a "cost-of-capital," which often frustrates the application of modern valuation techniques. Accounting for value recasts "value" versus "growth" investing and explains such curiosities as why earnings-to-price and book-to-price ratios predict stock returns. By the end of the book, Penman has the intelligent investor thinking like an intelligent accountant, better equipped to handle the bubbles and crashes of our time. For accounting regulators, Penman also prescribes a formula for intelligent accounting reform, engaging with such controversial issues as fair value accounting.
8. The Value Investors: Lessons from the World's Top Fund Managers
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WileyDescription
Investing legend Warren Buffett once said that success ininvesting doesnt correlate with I.Q. once youre abovethe level of 125. Once you have ordinary intelligence, what youneed is the temperament to control the urges that get other peopleinto trouble in investing.
In an attempt to understand exactly what kind of temperamentBuffett was talking about, Ronald W. Chan interviewed 12value-investing legends from around the world, learning how theirpersonal background, culture, and life experiences have shapedtheir investment mindset and strategy. The Value Investors:Lessons from the Worlds Top Fund Managers is theresult.
From 106-year-old Irving Kahn, who worked closely withfather of value investing Benjamin Graham and remainsactive today, and 95-year-old Walter Schloss (described by WarrenBuffett as the super-investor fromGraham-and-Dodsville), to the co-founders of Hong Kong-basedValue Partners, Cheah Cheng Hye and V-Nee Yeh, and FranciscoGarca Params of Spains Bestinver AssetManagement, Chan chose investment luminaries to help him understandthe international appeal and success of valueinvesting. All of these men became strong advocates of the approachdespite considerable age and cultural differences. Chan finds outwhy.
In The Value Investors, readers will also discover howthese investors, each of whom has a unique value perspective, haveconsistently beaten the stock market over the years. Do they sharea trait that allows this to happen? Is there a winning temperamentthat turns the ordinary investor into an extraordinary one? Thisbook answers these questions and more.
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