Lessons from the Legends of Wall Street: How Warren Buffet, Benjamin Graham, Phil Fisher, T. Rowe Price, and John Templeton Can Help You Grow Rich

by Ross, Nikki

• ISBN13: 9780793137152
• ISBN10: 0793137152
• Format: Hardcover
• Copyright: 2000-06-19
• Publisher: Kaplan

Summary

For the first time, investors will discover how to apply three vital investment steps for today's markets along with time-tested strategies for acquiring wealth and keeping it. Nicki Ross profiles five legends, revealing how they gather and evaluate information and make informed investment decisions. The personalities profiled include Warren Buffett, Phil Fisher, Benjamin Graham, T. Rowe Price and John Marks Templeton. The author's inside contacts with this who's who collection of the greatest names in the investing arena will find interested audiences at all levels of investors. The book not only explains the proven methods of these investors, but translates their strategies so they can be combined and applied to any investing plan. Special bonus sections in the book feature Martin Zweig's lessons and forms for estimating future potential investment returns.

Table of Contents

Preface	ix
Part I. The Super Combination Investor
Warren Buffett
Buffett's Success Strategies: Building Real Wealth with Commonsense Investment Rules and Compound Returns	5	(7)
Buffett Applies the 3 Steps: Getting Insights from Annual Reports	12	(8)
Buffett Applies the 3 Steps (continued): Getting Insights from Stock Research Reports	20	(12)
GEICO Revisited	32	(6)
Applying Buffett's Strategies for Different Types of Investors	38	(2)
The Ultimate Annual Meeting	40	(3)
The Life and Career of Warren Buffett	43	(8)
Part II. The Value Numbers Investor
Benjamin Graham
Graham's Success Strategies: The Cornerstones of Investing	51	(6)
Graham and His Followers Apply the 3 Steps: Going Bargain Hunting for Undervalued Stocks	57	(17)
21st-Century Value Investing with John Spears and Mason Hawkins	74	(8)
Applying Graham's Strategies for Different Types of Investors	82	(2)
The Life and Career of Benjamin Graham	84	(9)
Part III. The Investigative Growth Stock Investor
Phil Fisher
Fisher's Success Strategies: Evaluating a Company's People, Products, and Policies	93	(2)
Fisher Applies the 3 Steps: Getting the Scuttlebutt	95	(11)
Motorola Revisited	106	(7)
Applying Fisher's Strategies for Different Investment Types	113	(4)
Thorns and Roses: Learning from Investment Mistakes	117	(2)
The Life and Career of Phil Fisher	119	(10)
Part IV. The Visionary Growth Investor
Thomas Rowe Price
Price's Success Strategies: Think Like a Business Owner, but Be Aware That ``Change Is the Investor's Only Certainty''	129	(3)
Price Applies the 3 Steps: Examining the Growth and Life Cycles of Companies	132	(16)
Applying Price's Strategies for Different Types of Investors	148	(13)
Current and Future Investment Trends: Technology, Health Care, and Financial Services	161	(3)
The Life and Career of Thomas Rowe Price	164	(13)
Part V. The Spiritual Global Investor
John Templeton
Templeton's Success Strategies: Foresight, Patience, and the Contrarian View	177	(3)
Templeton Applies the 3 Steps: Worldwide Comparison Shopping for Stocks	180	(7)
Templeton's 15 Commonsense Rules for Investment Success	187	(7)
The Evolution and Importance of Global Investing	194	(7)
Applying Templeton's Strategies for Different Types of Investors	201	(3)
Templeton's Positive View: The Future of Free Enterprise and the Stock Market	204	(4)
The Life and Career of John Templeton	208	(5)
Part VI. Creating Your Own Wealth Plan
How You Can Apply a Composite Version of the 3 Steps and Project Potential Investment Returns	213	(13)
How You Can Build and Preserve Real Wealth	226	(25)
Endnotes	251	(8)
Index	259