On the Hunt for Great Companies
An Investor's Guide to Evaluating Business Quality and Durability
1. Auflage Oktober 2024
336 Seiten, Hardcover
Wiley & Sons Ltd
Essential guide for detailed evaluation of business quality aimed at investors in both public and private markets
A practical tool for investment analysis, On the Hunt for Great Companies: An Investor's Guide to Evaluating Business Quality and Durability helps readers analyze target companies in relation to 17 traits of business quality, as well as the nuances within them.
Readers will learn how to empirically evaluate the traits of a good business, including passionate management, staying power, abnormal reinvestment options, low dependency risk, and to identify emerging quality.
This book is supported by a wealth of real-world examples, both contemporary and historical, detailed original illustrations, and true business stories and anecdotes from investor and former comedian Simon Kold. In this book, readers will learn about:
* Practical guidelines for research into 17 nuances of business quality
* Methods to formulate falsifiable test statements and empirically test those predictions, rather than relying on heuristics or box-checking
* Incorporates memorable investment advice through Kold's trademark humorous style
Detailed, sophisticated, and highly actionable, On the Hunt for Great Companies is an essential for professional investors of all sizes, in all industries, in both public and private markets.
Kold's book is a must read for all serious investors and will certainly take its place alongside other greats - especially other practically oriented books - like the Outsiders by Thorndike and Margin of Safety by Seth Klarman."
--Guy Spier, author of The Education of a Value Investor
-"Kold provides an excellent framework to help investors navigate the treacherous path toward investment success. This book will help both sophisticated professional investors and beginners achieve their investment objectives."
--Brian C. Rogers, Retired Chairman and CIO of T. Rowe Price
"Long-term fundamental value investing in high quality companies is the best way to generate consistent returns. Simon Kold has the track record to shed light on the key elements of this strategy."
--Kasim Kutay, CEO of Novo Holdings
"Having personally worked with Simon Kold, I can attest to his investment acumen and the analytical rigor displayed in this sophisticated yet entertaining investment book."
--Bjarne Graven Larsen, Founder of Qblue Balanced and former CIO of ATP and Ontario Teachers' Pension Plan
"I've read (and written) my fair share of dry, technical tomes on finance. 'On the Hunt for Great Companies' is an inspiring, very practical and wonderful written book on identifying 'alpha return' companies."
--Thomas Plenborg, Professor at Copenhagen Business School & Chairman of DSV
"On the Hunt for Great Companies is not only a thoughprovoking and refreshing take on the arduous journey of the true value investor, it is a reflection of what I have seen Simon Kold practice throughout the years I've known him."
--Salah Saabneh, Partner at Manikay Partners and former Chairman of Tel Aviv Stock Exchange
