The Defensive Value Investor: A Complete Step-by-step Guide To Building A High-yield, Low-risk Share Portfolio
by John Kingham /
2016 / English / EPUB
692.4 KB Download
The Defensive Value Investor is a complete step-by-step guide to
building a high-yield, low-risk share portfolio.
The Defensive Value Investor is a complete step-by-step guide to
building a high-yield, low-risk share portfolio.
Defensive investing focuses on strong, steady companies that
produce decent rates of income and capital growth, but with risk
often coming from a lofty share price. Value investing on the other
hand is focused on buying companies on the cheap, but cheap
companies often deserve to be cheap because they are high risk and
unlikely to grow. Defensive Value combines the two and involves
buying relatively defensive companies at value for money
prices.
Defensive investing focuses on strong, steady companies that
produce decent rates of income and capital growth, but with risk
often coming from a lofty share price. Value investing on the other
hand is focused on buying companies on the cheap, but cheap
companies often deserve to be cheap because they are high risk and
unlikely to grow. Defensive Value combines the two and involves
buying relatively defensive companies at value for money
prices.
John Kingham explains how to screen for shares with the best
combination of quality, value, income and growth, how to conduct a
thorough qualitative analysis, when to buy, when to sell, and how
to combine your investments into an easy to manage portfolio which
reduces risk and increases returns. He also illustrates the method
throughout with the help of real-life examples.
John Kingham explains how to screen for shares with the best
combination of quality, value, income and growth, how to conduct a
thorough qualitative analysis, when to buy, when to sell, and how
to combine your investments into an easy to manage portfolio which
reduces risk and increases returns. He also illustrates the method
throughout with the help of real-life examples.
Each step of the process has a simple "rule of thumb" to make it
easy to remember what you should do. When these rules of thumb are
put together they provide a checklist of straightforward,
actionable statements for the Defensive Value Investor to
follow.
Each step of the process has a simple "rule of thumb" to make it
easy to remember what you should do. When these rules of thumb are
put together they provide a checklist of straightforward,
actionable statements for the Defensive Value Investor to
follow.
You may choose to adopt the full Defensive Value approach, or you
may prefer to adopt a number of the techniques for use in your own
share analysis. Either way, this comprehensive book is an essential
addition to the library of every investor.
You may choose to adopt the full Defensive Value approach, or you
may prefer to adopt a number of the techniques for use in your own
share analysis. Either way, this comprehensive book is an essential
addition to the library of every investor.