Book description
In The 52-Week Low Formula: A Contrarian Strategy that Lowers Risk, Beats the Market, and Overcomes Human Emotion, wealth manager Luke L. Wiley, CFP examines the principles behind selecting the outstanding companies and great investment opportunities that are being overlooked.
Along the way, Wiley offers a melding of the strategies used by such investment giants as Warren Buffett, Howard Marks, Michael Porter, Seth Klarman, and Pat Dorsey. His proven formula helps investors get the upper hand by identifying solid companies that are poised for growth but have fallen out of the spotlight.
Shows you how to investigate companies and identify opportunities
Includes detailed discussions of competitive advantage, purchase value, return on invested capital, and debt levels
Presents several case studies to examine companies that have overcome obstacles by trading around their 52-week lows
The 52-Week Low Formula is a must-read for investors and financial advisors who want to break through conventional strategies and avoid common mistakes.
Table of contents
- Introduction
- Foreword
- Acknowledgments
- Chapter 1: The 52-Week Formula
- Chapter 2: Herding and the Bandwagon Effect
- Chapter 3: Filter 1: Competitive Advantage
- Chapter 4: Five Common Mistakes Investors Make
- Chapter 5: Filter 2: Free Cash Flow Yield
- Chapter 6: The Power of Fear and Decision Fatigue
- Chapter 7: Filter 3: Return on Invested Capital
- Chapter 8: This Time Is Never Different
- Chapter 9: Filter 4: Long-Term Debt to Free Cash Flow Ratio
- Chapter 10: The Sunk-Cost Bias and Pride and Regret
- Chapter 11: Filter 5: The 52-Week Low Formula and My Journey Trying to Disprove It
- Chapter 12: The Importance of Embracing a Trailing 12-Month Return of −25 Percent
- Chapter 13: The Problem with Selective Perception and Confirmation Basis
- Chapter 14: Putting It All Together
- Afterword
- About the Companion Website
- About the Author
- Index
- End User License Agreement
Product information
- Title: The 52-Week Low Formula: A Contrarian Strategy that Lowers Risk, Beats the Market, and Overcomes Human Emotion
- Author(s):
- Release date: April 2014
- Publisher(s): Wiley
- ISBN: 9781118853474
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