A hedge fund manager reveals how to spot a business on the verge of collapse—and how to profit from it—in this “surprisingly entertaining” guide (Publishers Weekly).
Unlike most investors, who live in fear of failure, Scott Fearon actively seeks it out. He has earned millions of dollars for his hedge fund by shorting the stocks of businesses he believed were on their way to bankruptcy. In Dead Companies Walking, Fearon describes his methods for spotting these doomed businesses, and how they can be extremely profitable investments.
In his experience, corporate managers routinely commit six common mistakes that can derail even the most promising companies: they learn from only the recent past; they rely too heavily on a formula for success; they misunderstand their target customers; they fall victim to the magical storytelling of a mania; they fail to adapt to tectonic shifts in their industry; and they are physically or emotionally removed from their companies’ operations.
Fearon has interviewed thousands of executives across America, many of whom, unknowingly, were headed toward bankruptcy—from the Texas oil barons of the 80s to the tech wunderkinds of the late 90s to the flush real estate developers of the mid-2000s. Here, he explores recent examples like JC Penney, Herbalife, and Blockbuster Entertainment to help investors better predict the next booms and busts—and come out on top.
ASIN ‏ : ‎ B00LKRBFQA
Publisher ‏ : ‎ St. Martin’s Press
Accessibility ‏ : ‎ Learn more
Publication date ‏ : ‎ January 6, 2015
Language ‏ : ‎ English
File size ‏ : ‎ 2.7 MB
Screen Reader ‏ : ‎ Supported
Enhanced typesetting ‏ : ‎ Enabled
X-Ray ‏ : ‎ Enabled
Word Wise ‏ : ‎ Enabled
Print length ‏ : ‎ 254 pages
ISBN-13 ‏ : ‎ 978-1466879201
Page Flip ‏ : ‎ Enabled
Best Sellers Rank: #243,636 in Kindle Store (See Top 100 in Kindle Store) #49 in Investing Portfolio Management #148 in Stock Market Investing (Kindle Store) #154 in Analysis & Trading Investing Strategies
Customer Reviews: 4.5 4.5 out of 5 stars (833)

کتاب Dead Companies Walking: How a Hedge Fund Manager Finds Opportunity in Unexpected Places [انگلیسی]

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