Authentic Vs Unauthentic Investment Books - What an Investor Should Select and Read?
Post by Sherin Dev of Money Hacker; Follow me in Twitter or Facebook
I
have collected and read considerable number of investment books and
yes, it is my best time pass too. Lots of them I own and some of them
through online. However, I always feel better whenever I get and read an
investment guide that is authentic. You may think why I used the word ‘Authentic’
to investment books. The word ‘authentic’ means original in all means.
An authentic investment guide thus means it is original from the
experience of an original investor than written by someone on someone
else. Do we have such books available in the market to buy? If yes, what
are those and what is the big difference between authentic investment
books with other investment books available in the market or library?
Here is the difference...
Authentic books best known as the books have reached to the market directly from an investor turned author who has proved his success through life and business. Best example for the same is Benjamin Graham. Graham, who known as the father of value investing and author of multiple best selling investment books that still investors around the globe considered as investment bible in their personal library!
An example for 'unauthentic' book is, 'The Warren Buffett Way' by Robert G. Hagstrom, explaining the methods Warren 'may' used to reach to the height of success. Such books are very good read and providing excellent information to investors to get success with investments, but still subjects inside such books have no authenticity. We never know whether Warren have read this book or not. We have also not known anything Warren said as positive or negative about this book. It means, we have an option to just trust the author and believe Warren done all those things what the author have written in this guide.
I
have collected and read considerable number of investment books and
yes, it is my best time pass too. Lots of them I own and some of them
through online. However, I always feel better whenever I get and read an
investment guide that is authentic. You may think why I used the word ‘Authentic’
to investment books. The word ‘authentic’ means original in all means.
An authentic investment guide thus means it is original from the
experience of an original investor than written by someone on someone
else. Do we have such books available in the market to buy? If yes, what
are those and what is the big difference between authentic investment
books with other investment books available in the market or library?
Here is the difference...Authentic books best known as the books have reached to the market directly from an investor turned author who has proved his success through life and business. Best example for the same is Benjamin Graham. Graham, who known as the father of value investing and author of multiple best selling investment books that still investors around the globe considered as investment bible in their personal library!
An example for 'unauthentic' book is, 'The Warren Buffett Way' by Robert G. Hagstrom, explaining the methods Warren 'may' used to reach to the height of success. Such books are very good read and providing excellent information to investors to get success with investments, but still subjects inside such books have no authenticity. We never know whether Warren have read this book or not. We have also not known anything Warren said as positive or negative about this book. It means, we have an option to just trust the author and believe Warren done all those things what the author have written in this guide.
Where to Look for Excellent Businesses
This is an article from Sherin Dev; Follow my in Twitter or FaceBook
Primary
step to invest in stock market is identifying excellent businesses to
invest. There are lots of homework required to get some of the companies
in our final list. One who looks for excellent businesses to invest
must know how to identify them and what the measures to do the same are.
This article tells you some of the best points and techniques to
identify excellent businesses to invest in right time (would write later
about how to understand the best time to buy).
So what an excellent business really mean? In a simple sentence, these are businesses which have solid fundamentals and underlying economics. Future earnings from such companies can be predicted easily. For example, companies that have products or services that creates consumer monopolies. When look for companies that have monopolies, remember to not add companies that have personal competitive advantages than services or products. Such companies may fall to deep troubles if the personal, to whom the advantage associated too, quit the company.
Management of excellent businesses is always rational by working for shareholders than self prosperity. Companies that have good management stick to their promises often considers as best to consider for investment. Whenever looks for a company to invest, identify the management is rational and investor friendly.
Primary
step to invest in stock market is identifying excellent businesses to
invest. There are lots of homework required to get some of the companies
in our final list. One who looks for excellent businesses to invest
must know how to identify them and what the measures to do the same are.
This article tells you some of the best points and techniques to
identify excellent businesses to invest in right time (would write later
about how to understand the best time to buy).So what an excellent business really mean? In a simple sentence, these are businesses which have solid fundamentals and underlying economics. Future earnings from such companies can be predicted easily. For example, companies that have products or services that creates consumer monopolies. When look for companies that have monopolies, remember to not add companies that have personal competitive advantages than services or products. Such companies may fall to deep troubles if the personal, to whom the advantage associated too, quit the company.
Management of excellent businesses is always rational by working for shareholders than self prosperity. Companies that have good management stick to their promises often considers as best to consider for investment. Whenever looks for a company to invest, identify the management is rational and investor friendly.
Warren Buffett Interview 2010
Article by Sherin Dev; Follow me in Twitter or Facebook
Nell
Minow, Editor and Co-Founder of The Corporate Library, an independent
corporate governance research firm, interviewed billionaire investor
Warren Buffett for The Corporate Library's 2010 Public Funds Forum, held
in Laguna Beach, California, in September 2010.
An Interview With Warren Buffett: Part 1 of 9
In this segment, Mr. Buffett talks about his Billionaire Challenge and the Secret Millionaire's Challenge.
An Interview With Warren Buffett: Part 2 of 9
In this segment, Mr. Buffett talks about his experiences as Berkshire Hathaway's CEO.
An Interview With Warren Buffett: Part 3 of 9
In this segment, Mr. Buffett talks about avoiding bad businesses.
An Interview With Warren Buffett: Part 4 of 9
In this segment, Ms. Minow asks Mr. Buffett "the $60 Million Question."
An Interview With Warren Buffett: Part 5 of 9
In this segment, Mr. Buffett talks about why CEO pay got so out of control and what he looks for in a CEO.
An Interview With Warren Buffett: Part 6 of 9
In this segment, Mr. Buffett talks about compensation and audit committees, and what's really important for institutional investors to consider.
An Interview With Warren Buffett: Part 7 of 9
In this segment, Mr. Buffett talks about why his board doesn't have liability insurance.
An Interview With Warren Buffett: Part 8 of 9
In this segment, Mr. Buffett talks about what most investors look at that he doesn't. He also discusses the stock market crash of May 6.
An Interview With Warren Buffett: Part 9 of 9
In this segment, Mr. Buffett talks about removing distractions.
That's all for now. Sure, these videos have some good points for Buffett's followers to remember.
Nell
Minow, Editor and Co-Founder of The Corporate Library, an independent
corporate governance research firm, interviewed billionaire investor
Warren Buffett for The Corporate Library's 2010 Public Funds Forum, held
in Laguna Beach, California, in September 2010.An Interview With Warren Buffett: Part 1 of 9
In this segment, Mr. Buffett talks about his Billionaire Challenge and the Secret Millionaire's Challenge.
An Interview With Warren Buffett: Part 2 of 9
In this segment, Mr. Buffett talks about his experiences as Berkshire Hathaway's CEO.
An Interview With Warren Buffett: Part 3 of 9
In this segment, Mr. Buffett talks about avoiding bad businesses.
An Interview With Warren Buffett: Part 4 of 9
In this segment, Ms. Minow asks Mr. Buffett "the $60 Million Question."
An Interview With Warren Buffett: Part 5 of 9
In this segment, Mr. Buffett talks about why CEO pay got so out of control and what he looks for in a CEO.
An Interview With Warren Buffett: Part 6 of 9
In this segment, Mr. Buffett talks about compensation and audit committees, and what's really important for institutional investors to consider.
An Interview With Warren Buffett: Part 7 of 9
In this segment, Mr. Buffett talks about why his board doesn't have liability insurance.
An Interview With Warren Buffett: Part 8 of 9
In this segment, Mr. Buffett talks about what most investors look at that he doesn't. He also discusses the stock market crash of May 6.
An Interview With Warren Buffett: Part 9 of 9
In this segment, Mr. Buffett talks about removing distractions.
That's all for now. Sure, these videos have some good points for Buffett's followers to remember.
How to Find Real Estate Bargains
Editor's Note: This is a Guest Article from Bailey Harris
Everyone
likes a good bargain--especially when it comes to real estate. But if
you want to get a good price, you need to be a savvy shopper. Many
properties sell for thousands of dollars more than they should. You need
to know what you're looking for as well as where to look. Here are a
few tips that will help you get a good deal on your next real estate
purchase.
Visit Realtor.com
The National Association of Realtors provides free access to the MLS (Multiple Listing Service) through their official website. This listing service will show you many of the homes that are for sale in your area. You may not be able to find foreclosures, new listings, or special listings on this site, but you could get an idea of what is for sale as well as asking prices.
Everyone
likes a good bargain--especially when it comes to real estate. But if
you want to get a good price, you need to be a savvy shopper. Many
properties sell for thousands of dollars more than they should. You need
to know what you're looking for as well as where to look. Here are a
few tips that will help you get a good deal on your next real estate
purchase.Visit Realtor.com
The National Association of Realtors provides free access to the MLS (Multiple Listing Service) through their official website. This listing service will show you many of the homes that are for sale in your area. You may not be able to find foreclosures, new listings, or special listings on this site, but you could get an idea of what is for sale as well as asking prices.
Five Ways To Save Money Throughout Your Day
Editor's Note: This is a Guest Article by Kate Willson
Do
you feel like saving money is just too hard to do? Do you sometimes
feel overwhelmed when you think about your financial situation? Do you
ever wish you could do something that was simple, yet effective in
helping you manage your money? Well, here's a little list of five things
you can do from the moment you wake up to the moment you fall asleep in
order to help yourself out money-wise. It's not meant to be the
ultimate solution to all your problems, but it just might be enough to
inspire you to change your money habits and be more financially
responsible.
Take A Shorter Shower
The first place you can save money is in the shower. If you cut down your shower time by five minutes, you can save around $10 of water for the year. This number is based on the national average cost of water in the United States, which is two dollars a gallon, as well as the average amount of water that comes out of our showerheads, which is around two and a half gallons of water a minute.
Skip The Expensive Coffee
If you get a coffee on the way to work every morning, you could stand to save a bundle of money by simply giving up that habit. If you pay $5 each morning for a coffee, multiply that by the number of weekdays there are in a year—around two hundred and forty—and you get $1,200 in savings. Still need coffee? Simply cutting it out once a week could save you $60 a year.
Do
you feel like saving money is just too hard to do? Do you sometimes
feel overwhelmed when you think about your financial situation? Do you
ever wish you could do something that was simple, yet effective in
helping you manage your money? Well, here's a little list of five things
you can do from the moment you wake up to the moment you fall asleep in
order to help yourself out money-wise. It's not meant to be the
ultimate solution to all your problems, but it just might be enough to
inspire you to change your money habits and be more financially
responsible.Take A Shorter Shower
The first place you can save money is in the shower. If you cut down your shower time by five minutes, you can save around $10 of water for the year. This number is based on the national average cost of water in the United States, which is two dollars a gallon, as well as the average amount of water that comes out of our showerheads, which is around two and a half gallons of water a minute.
Skip The Expensive Coffee
If you get a coffee on the way to work every morning, you could stand to save a bundle of money by simply giving up that habit. If you pay $5 each morning for a coffee, multiply that by the number of weekdays there are in a year—around two hundred and forty—and you get $1,200 in savings. Still need coffee? Simply cutting it out once a week could save you $60 a year.
5 Tools for Managing Your Finances Online
Editor's Note: This is a guest article from David
Thinking
about debt, savings and investments often fill people with a sense of
dread. Luckily there are several online services that simplify personal
and business finances. From creating a snapshot of where finances stand,
to creating and tracking savings goals, to making investments, the
following are five great finance services to suit anyone's needs and
simplify your life.
Mint.com - With the endorsements from publications such as Kiplinger's Magazine, PC Magazine and Money Magazine, Mint is an excellent free resource to begin tracking finances for both individuals and businesses. Simply enter your bank account, credit card and investment information, and Mint will track your balances to provide an easy-to-look-at profile of how your finances stand. Mint also has tools to create budgets to address common financial issues such as paying off student loans, credit card debt or saving for retirement or a new car. Mint also makes it easy to shop around for financial products such as credit cards, bank account or insurance with maximum benefits through their 'Find Savings' page.
InDinero - InDinero manages the finances of your business. Enter the information for all your accounts, and inDinero will create a profile of your finances that can be viewed at a glance. Offering up-to-date information about the cash flow of your business, inDinero.com uses your business's projected spending habits to send alerts when your business may face cash flow gaps, and recommends short-bridge loans. InDinero can save your company hours of data entry, your account information is automatically updated from your accounts and can be easily exported to Microsoft Excel or Quickbooks. They have three plans, the New Entrepenuer plan is free with 50 monthly transactions, the 'Small Business' plan is $29.95 per month with 500 monthly transactions and the 'Enterprise' plan offers unlimited access at $99.95 per month.
Thinking
about debt, savings and investments often fill people with a sense of
dread. Luckily there are several online services that simplify personal
and business finances. From creating a snapshot of where finances stand,
to creating and tracking savings goals, to making investments, the
following are five great finance services to suit anyone's needs and
simplify your life.Mint.com - With the endorsements from publications such as Kiplinger's Magazine, PC Magazine and Money Magazine, Mint is an excellent free resource to begin tracking finances for both individuals and businesses. Simply enter your bank account, credit card and investment information, and Mint will track your balances to provide an easy-to-look-at profile of how your finances stand. Mint also has tools to create budgets to address common financial issues such as paying off student loans, credit card debt or saving for retirement or a new car. Mint also makes it easy to shop around for financial products such as credit cards, bank account or insurance with maximum benefits through their 'Find Savings' page.
InDinero - InDinero manages the finances of your business. Enter the information for all your accounts, and inDinero will create a profile of your finances that can be viewed at a glance. Offering up-to-date information about the cash flow of your business, inDinero.com uses your business's projected spending habits to send alerts when your business may face cash flow gaps, and recommends short-bridge loans. InDinero can save your company hours of data entry, your account information is automatically updated from your accounts and can be easily exported to Microsoft Excel or Quickbooks. They have three plans, the New Entrepenuer plan is free with 50 monthly transactions, the 'Small Business' plan is $29.95 per month with 500 monthly transactions and the 'Enterprise' plan offers unlimited access at $99.95 per month.
9 Tested Methods to Keep Babies Safe
Editor's Note: This is a Guest article by B. M. Ryan
A note from Sherin Dev:
Kids are our most valuable assets. Each parent required to protect them
form possible risks to not shrink the Budget to a great extend. Here
are 9 tested solutions which help moms and dads avoid the undetectable
risks that keep babies unsafe.
Did you know how you can distinguish the "Musts" from the "Shoulds" for your child safety equipment?
Maybe you have made your list? Here are the actual baby-proofing items that should be at the must-have tippy top.
I recognize that we don't all have hundreds of dollars in order to throw down the all-essential childproofing budget gap. To help the protection of the serious yet monetarily fainthearted, I've labeled them into the "musts", meaning that you should not care where you buy them, but good parenting requires them.
When you have more than one kid (or are often distracted), consider the more distractions you have in your house, the more distractable you are, the more important your baby-proofing is.
The following (in order of importance) 9 baby proofing things you "must" have to keep your baby safe:
1. A Good Gate: Even if you live in a ranch-style home or even an apartment with no stairways, there will be rooms or areas you won't want your baby walking into, so a good gate is definitely a must-have baby-proofing purchase.
A note from Sherin Dev:
Kids are our most valuable assets. Each parent required to protect them
form possible risks to not shrink the Budget to a great extend. Here
are 9 tested solutions which help moms and dads avoid the undetectable
risks that keep babies unsafe.Did you know how you can distinguish the "Musts" from the "Shoulds" for your child safety equipment?
Maybe you have made your list? Here are the actual baby-proofing items that should be at the must-have tippy top.
I recognize that we don't all have hundreds of dollars in order to throw down the all-essential childproofing budget gap. To help the protection of the serious yet monetarily fainthearted, I've labeled them into the "musts", meaning that you should not care where you buy them, but good parenting requires them.
When you have more than one kid (or are often distracted), consider the more distractions you have in your house, the more distractable you are, the more important your baby-proofing is.
The following (in order of importance) 9 baby proofing things you "must" have to keep your baby safe:
1. A Good Gate: Even if you live in a ranch-style home or even an apartment with no stairways, there will be rooms or areas you won't want your baby walking into, so a good gate is definitely a must-have baby-proofing purchase.
No comments:
Post a Comment