Investors who succeed on Wall Street spend their career analyzing companies, and honing and refining their investment strategies. But they had to start somewhere.
Training for research analysts is basically nonexistent on Wall Street resulting in a "baptism by fire" that forces the new analyst to develop expertise on their own through an agonizing process of trial and error. To overcome this deficiency, Sonkin and Johnson have written the ultimate "survival" guide for someone embarking on a career as an investment professional. Arnie Ursaner, a sell side veteran, who retired after 43-years on Wall Street said, "I wish I had this book when I started in the business. I remember my early days being characterized by a lot of hits and misses. This book provides valuable shortcuts to experience more hits and fewer misses."
The single most important element in survival is having knowledge, as knowledge dispels fear, and on Wall Street, fortune favors the prepared mind. Pitch the Perfect Investment accelerates the learning process, giving the college or MBA student the edge they need to succeed, whether they are pitching a stock idea in a job interview, in a stock pitch competition, or for a student-run investment fund. Echoing this sentiment, Aswath Damodaran, a prolific author of over 20 books on valuation and a professor at New York University, said, "...this is a book that most of my students would have loved to have had before their first interview and job."
Sonkin and Johnson also seek to push the open-minded, seasoned investment professional out of their comfort zone and challenge them to think about familiar concepts differently. In an industry where even the most successful veterans must worry about younger managers snapping at their heels, Pitch the Perfect Investment equips the Chief Investment Officer and Director of Research with new tools, enabling them to tighten their analytical process and significantly improve communication and efficiency throughout their organization. As noted by Geoffrey Moore, author of several highly-acclaimed strategy books in the technology industry, "Much heartache will be avoided and faster decisions will be reached by any organization that adopts Sonkin and Johnson's recommendations."
Nicholas Galluccio, CEO of Teton Advisors, added, "In this era of hyper-competition on Wall Street, active portfolio management is under attack by ETFs and passive investment vehicles. In this new environment, beating the market is even more essential to the active portfolio manager and even the smallest edge can make the difference between success and failure. Pitch the Perfect Investment will give the professional investor that edge."
No other single resource will provide students, money managers, analysts, bankers, executives, salespeople, and individual investors with a faster way to improve their performance. Pitch the Perfect Investment is the essential guide to winning on Wall Street.
Questions? Email info@pitchtheperfectinvestment.com
0 有用 Mr. L 2018-05-05 08:22:42
不知为何读的过程中常想到勒庞的《乌合之众》。作者们给了一个有趣的例子,假设一万人来甄别4个披头士和一个冒牌货,每个人随机知道其中2个披头士,不知道另外两个,那么这些人中有三分之一能辨别出冒牌货,剩下四个披头士被错认的人数均为六分之一。每个人判错的概率是1/3,但集合所有人的意见,却几乎能毫无异议地得出正确的答案,是谓“群体的智慧”--群体的误差等于平均个体误差的均方误差与多样性项之差,多样性越强,... 不知为何读的过程中常想到勒庞的《乌合之众》。作者们给了一个有趣的例子,假设一万人来甄别4个披头士和一个冒牌货,每个人随机知道其中2个披头士,不知道另外两个,那么这些人中有三分之一能辨别出冒牌货,剩下四个披头士被错认的人数均为六分之一。每个人判错的概率是1/3,但集合所有人的意见,却几乎能毫无异议地得出正确的答案,是谓“群体的智慧”--群体的误差等于平均个体误差的均方误差与多样性项之差,多样性越强,越能减小平均个体误差的影响。但研究到这里不够。任何信息的传播离不开三个步骤:信息的扩散(有足够的受众),信息的处理(受众有足够的多样性,独立处理信息,不存在系统性偏见),信息的整合(受众能够以某种方式给予反馈),缺乏任何一项,都会导致“群体的智慧”失效。有意思的是失效的具体情形。 (展开)
0 有用 隐士谢六六 2024-02-14 11:32:33 江苏
入门与实战差异太大
0 有用 eve 2024-01-05 19:45:45 英国
*THE* best explanation of ROIC & competitive advantage, market efficiency, and the source of edge that I've ever read (I've not read a lot of these books though). Meant to be a textbook and it's more ... *THE* best explanation of ROIC & competitive advantage, market efficiency, and the source of edge that I've ever read (I've not read a lot of these books though). Meant to be a textbook and it's more practical than academic; does a great job of demystifying the profession. Recommended by Ran. 最后一节劝人好好穿衣服好好剪头发 如何manage老板 好的 谢谢老师们。 (展开)
0 有用 Snowskin 2018-10-09 00:24:19
讲的还是方法论,有点儿虚,入门级读物
0 有用 宝宝TWO 2018-01-17 08:55:37
反复强调自己写这本书多么的努力,自己的观点多么的正确,又是如此贫乏的一本书,真心是为出版界悲哀