Invest Like a Guru: How to Generate Higher Returns At Reduced Risk With Value Investing

Praise for Invest Like a Guru

"Charlie Tian has provided in Invest Like a Guru a valued checklist that derives lessons from a lifetime spent observing great investors at work. Dr. Tian provides tools that show how paying fair prices for businesses capable of reinvestment at high rates of return over time provides tax–advantaged, long–term compound investment returns."
Thomas A. Russo, Managing Member, Gardner Russo & Gardner LLC

"Invest Like a Guru is a valuable resource for any aspiring stock picker, and an engaging read for novice and seasoned investors alike. Charlie Tian skillfully dissects the methods of legends like Warren Buffett and Peter Lynch, as well as those of lesser–known but equally successful figures."
Scott Fearon, author of Dead Companies Walking: How a Hedge Fund Manager Finds Opportunity in Unexpected Places

"If you want to invest like a guru, read this book. It is full of insights and reminders of dos and don′ts."
Vitaliy N. Katsenelson, CIO, Investment Management Associates, Inc., and author of The Little Book of Sideways Markets

"Dr. Tian has read everything the best value investors have written and packaged this sage wisdom in Invest Like a Guru. Aspiring value investors should read it!"
Wesley R. Gray, PhD, CEO, Alpha Architect, and coauthor of Quantitative Value

Acknowledgments

Introduction

Chapter 1: The Gurus

Chapter 2: Deep–Value Investing and Its Inherent Problems

Chapter 3: Buy Only Good Companies!

Chapter 4: Again, Buy Only Good Companies!

Chapter 5: Buy Good Companies at Fair Prices

Chapter 6: Buy Good Companies: The Checklist

Chapter 7: Failures, Errors, and Value Traps

Chapter 8: Passive Portfolios, Cash Level, and Performance

Chapter 9: How to Evaluate Companies

Chapter 10: Market Cycles and Valuations

Epilogue

Notes

About the Author

Index

Charlie Tian, PhD, is the founder and CEO of the value–investing website GuruFocus.com. He is the creator of the website′s value screeners, strategies, and research tools, which are used by more than half a million investors monthly, as well as professors and students from more than 100 universities worldwide.