Value Investing Hardcover - 2009 - 1st Edition

From the rear cover

Like sheep, we tend to follow a herd mentality--we flock to box office hits, buy the latest in fashion and gadgets--and buy and sell stocks based on the ebb and flow of financial pundits and mainstream investors.

Investing in the stock market is one place, though, where it pays to be a lone wolf. Turn on the TV or pick up a newspaper during times of market turbulence, and watch investors act like lemmings marching to sea. Unfortunately, they are also setting themselves up for failure--and devastating losses.

In Wisdom on Value Investing: How to Profit on Fallen Angels, seasoned investment adviser and popular broadcaster Gabriel Wisdom lays out a different kind of vision for investing in the stock market, or any other market--one that promises to put you on a unique path to success, far from the anguished cries of the investing masses. Wisdom makes the argument that, rather than following fashion, the smart investor stays calm and waits patiently for the incredible deals--the Fallen Angels--that are certain to come along.

Based on Wisdom's professional experience and his popular Fallen Angels investment strategy--which is part classic value investing and part behavioral finance--this wise, easy-to-follow guide reveals:

• How to maximize earnings and minimize losses in any type of market
• The habits of successful investors
• Why you should buy when everyone is complaining and sell when they are celebrating
• The importance of having an exit strategy
• Why we need to learn to live with stock market volatility

Preparing you to take advantage of others' mistakes, Wisdom on Value Investing clearly discusses how stocks with the most promise are ones that Wall Street has temporarily marked down without regard to their underlying value, and explains how this type of value discount provides a margin of safety during difficult times and substantial upside rewards for those who find them early enough.

With this tool for investors of all stripes--whether you have been at the game for a while or are just dipping your toes in the market for the first time--Gabriel Wisdom offers his time-tested, popular strategy to getting a leg up on the complex and difficult art of investing.