Invest Like a Dealmaker outlines an approach to investing that is far removed from what most investors have been conditioned to believe, but which has produced consistent profits for its practitioners decade after decade. While the concepts covered are not well known by the average investor, they are well appreciated by Wall Street insiders and dealmakers--particularly those who think about stocks as whole companies, as things with real assets, and cash flows that exist in the real world.
The author states that to be a dealmaker means to think of stocks as whole companies and as things with real assets and cash flows that exist in the real world. Many times stock valuations do not reflect what private buyers would pay for the entire companies based on their assets. The differences in prices between public and private markets create opportunities for great returns. Once the readers are aware that these types of opportunities exist, the author shows readers where to hunt for them. The first place to look is to observe what the great money managers are buying. Other hunting grounds are screens for net tangible asset values and special situations such as spin-offs. He even includes Greenblatt's "Magic Formula," which is simply a screen of companies with low valuation and high growth rates. This book is full of resources and ideas for investors. - Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market
Solid Read
Published by Thriftbooks.com User , 16 years ago
I enjoyed Mr. Mayer's insight and philosophies in "Invest Like A Deal Maker". Clearly Mr. Mayer's financial history is top notch and he dole's out numerous references for the avid financial historian. I am a firm believer that for as long as money has been around that smart investing hasn't really changed. Yet there are always the a latest investing trends. It helps me to think of investing like fashion. New fashions are just that, a flash in the pan. You buy into the trend but years later the clothes are in the back of closet and you never wear them again. Will you be wearing Crocs a decade from now? Doubt it. Classics, like black leather coats, solid jeans, khakis, etc never go out of style and are worth the investment. Mr. Mayer explains his "C.O.D.E." which is firmly rooted in basic, intelligent principles and is the black leather jacket of approaching investments. Success takes discipline and time.
Great book!
Published by Thriftbooks.com User , 17 years ago
I've been a happy subscriber to Chris' newsletter for years, and I think he's one of the best in the business. Reading this book will teach you his methods. Highly recommended!
one of the best ever
Published by Thriftbooks.com User , 17 years ago
As a long time investor and enthusiast I've read hundreds of books on investing. I put this right up there with the best of the best. With time and success for Chris, this could become another "Margin of Safety" in 20 years, selling for many multiples of it's current price. After reading it I'm actually buying a couple of additional copies. I've made money with Chris and love his methods and research, he is the best young talent I know of - and this will eventually be realized by the rest of the investment world. Keep up the good work Chris, you are right on with your methods and are destined for even greater success. Brian B.
Great book
Published by Thriftbooks.com User , 17 years ago
One of the best investors out there. I love his investing style and his way of analyzing companies. I encourage everyone to read this book and his financial newsletter as well. This guy is sharp.
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