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Beschreibung

Respect and fear the old men...
...in a profession where men die young

"Pitching stocks is a dark art. What begins with meticulous research, cold and rational analysis, and clear judgment, must then become seduction. Sonkin and Johnson explain this alchemy in wonderful detail. They've structured their book around an unappreciated key to success in finance: Nothing is as important to landing your first job, and then thriving there, as pitching the perfect investment."
-Jeff Gramm, Portfolio Manager, Bandera Partners, and author of Dear Chairman: Boardroom Battles and the Rise of Shareholder Activism

"It is rare that you get a book on finance that is fun to read, immensely informative, and deeply insightful. Sonkin and Johnson have pulled off the trifecta in this book."
-Aswath Damodaran, Professor of Finance, NYU Stern School of Business and author of Investment Valuation and Narrative and Numbers

"My decades of experience have taught me that pitching is a vital skill one must master to succeed on Wall Street. Sonkin and Johnson's book gives someone new to the industry a significant head-start in obtaining this skill."
-Regina Pitaro, Head of Institutional Marketing, GAMCO Asset Management, Inc. and author of Deals... Deals... and More Deals

"Sonkin and Johnson's explanations of market efficiency, the wisdom of crowds, and security valuation set a benchmark for clarity and practicality."
-Scott E. Page, Leonid Hurwicz Collegiate Professor Complex Systems, Political Science, and Economics, The University of Michigan, and author of The Difference and The Diversity Bonus

"Pitch the Perfect Investment provides the toolkit to build conviction in your analysis and effectively articulate how it should be implemented. Sonkin and Johnson follow their own advice with concise and persuasive principles. Their guidance will neutralize the intimidation factor in pitching a portfolio manager and allow the analyst to shine."
-Bruce Geller, CEO of DGHM & Co., LLC

"Communicating investment research in a thoughtful manner is both art and science, which Sonkin and Johnson masterfully teach in Pitch the Perfect Investment."
-John Mihaljevic, Managing Editor, The Manual of Ideas

Respect and fear the old men...
...in a profession where men die young

"Pitching stocks is a dark art. What begins with meticulous research, cold and rational analysis, and clear judgment, must then become seduction. Sonkin and Johnson explain this alchemy in wonderful detail. They've structured their book around an unappreciated key to success in finance: Nothing is as important to landing your first job, and then thriving there, as pitching the perfect investment."
-Jeff Gramm, Portfolio Manager, Bandera Partners, and author of Dear Chairman: Boardroom Battles and the Rise of Shareholder Activism

"It is rare that you get a book on finance that is fun to read, immensely informative, and deeply insightful. Sonkin and Johnson have pulled off the trifecta in this book."
-Aswath Damodaran, Professor of Finance, NYU Stern School of Business and author of Investment Valuation and Narrative and Numbers

"My decades of experience have taught me that pitching is a vital skill one must master to succeed on Wall Street. Sonkin and Johnson's book gives someone new to the industry a significant head-start in obtaining this skill."
-Regina Pitaro, Head of Institutional Marketing, GAMCO Asset Management, Inc. and author of Deals... Deals... and More Deals

"Sonkin and Johnson's explanations of market efficiency, the wisdom of crowds, and security valuation set a benchmark for clarity and practicality."
-Scott E. Page, Leonid Hurwicz Collegiate Professor Complex Systems, Political Science, and Economics, The University of Michigan, and author of The Difference and The Diversity Bonus

"Pitch the Perfect Investment provides the toolkit to build conviction in your analysis and effectively articulate how it should be implemented. Sonkin and Johnson follow their own advice with concise and persuasive principles. Their guidance will neutralize the intimidation factor in pitching a portfolio manager and allow the analyst to shine."
-Bruce Geller, CEO of DGHM & Co., LLC

"Communicating investment research in a thoughtful manner is both art and science, which Sonkin and Johnson masterfully teach in Pitch the Perfect Investment."
-John Mihaljevic, Managing Editor, The Manual of Ideas

Über den Autor

PAUL D. SONKIN was an analyst and portfolio manager at Gabelli Funds and previously I spent 14 years at the helm of The Hummingbird Value Fund. For 16 years he was an Adjunct Professor at Columbia Business School and is co-author of The Enduring Value of Roger F. Murray and the first edition of Value Investing: From Graham to Buffett and Beyond.

PAUL JOHNSON runs Nicusa Investment Advisors and is an Adjunct Professor at Columbia Business School and the Gabelli School of Business at Fordham University. He is coauthor of The Enduring Value of Roger F. Murray, co-author of The Gorilla Game, contributing annotator to The Most Important Thing: Illuminated (by Howard Marks), and a contributing author to Columbia Business School: A Century of Ideas.

Inhaltsverzeichnis

Preface ix

Introduction 1

Part I The Perfect Investment 23

Chapter 1 How to Value an Asset 25

Chapter 2 How to Value a Business 43

Chapter 3 How to Evaluate Competitive Advantage and Value Growth 71

Chapter 4 How to Think About a Security's Intrinsic Value 127

Chapter 5 How to Think About Market Efficiency 145

Chapter 6 How to Think About the Wisdom of Crowds 171

Chapter 7 How to Think About Behavioral Finance 223

Chapter 8 How to Add Value Through Research 267

Chapter 9 How to Assess Risk 299

Part II the Perfect Pitch 337

Chapter 10 How to Select a Security 339

Chapter 11 How to Organize the Content of the Message 371

Chapter 12 How to Deliver the Message 395

Acknowledgments 431

Art Acknowledgments 435

About the Authors 439

Index 441

Details
Erscheinungsjahr: 2026
Fachbereich: Betriebswirtschaft
Genre: Importe, Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Taschenbuch
ISBN-13: 9781394378166
ISBN-10: 1394378165
Sprache: Englisch
Einband: Kartoniert / Broschiert
Autor: Sonkin, Paul D
Johnson, Paul
Hersteller: Wiley
Verantwortliche Person für die EU: Libri GmbH, Europaallee 1, D-36244 Bad Hersfeld, gpsr@libri.de
Maße: 226 x 153 x 28 mm
Von/Mit: Paul D Sonkin (u. a.)
Erscheinungsdatum: 29.09.2026
Gewicht: 0,776 kg
Artikel-ID: 136804192

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