sessions5_6_7

sessions5_6_7 - InvestmentFundamentals: HowtoChooseStocks...

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Investment Fundamentals:  How to Choose Stocks Wonseok Oh Class #5 Jan. 19th , 2010
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The Rich and Famous John Paulson $3,700 George Soros $2,900 James Simons $2,800 Philip Falcone $1,700 Kenneth Griffin $1,500 Steven Cohen $900 Timothy Barakett $750 Stephen Mandel Jr. $710 John Griffin $625 O. Andreas Halvorsen $520 John Arnold $480 James Dinan $470 Joseph DiMenna $450 David Slager $450 Seth Klarman $425 Lawrence Robbins $420 William von Mueffling $410 Charles (Chase) Payson Co $400 Raymond Dalio $400 Israel Englander $400                                                Top 20 earned over $20 B (Hedge fund, 2007) A list of legends 29% for 37 yrs. - George Soros 21% for 40 yrs. - Warren Buffett 29% for 18 yrs. - Eddie Lampert 29% for 18 yrs. - Peter Lynch 24% for 13 yrs. - Jim Cramer 15% for 20 yrs. - Benjamin Graham
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Warren Buffett Value investing or fundamental  analysis- generally involves buying  securities whose shares appear  underpriced by some form(s) of  fundamental analysis As examples, such securities may be  stock in public companies that trade  at discounts to book value or tangible  book value, have high dividend  yields, have low price-to-earning  multiples or have low price-to-book  ratios. What stocks does he hold?  http://en.wikipedia.org/wiki/Warren_Bu  
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John Paulson John Paulson's hedge fund, Paulson & Co., may have made as much as $67 million  faster than it takes to get a pizza delivered to your house The master of short-selling Wall Street's biggest beneficiary of the subprime crisis http://www.paulsonco.com/
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John Paulson (more) Paulson's gains came from  defying conventional wisdom , like so many others  before him: Warren Buffet for buying companies cheap in the 70's and Wilbur Ross,  who consolidated steel, and George Soros, famous of shorting the British pound and  making $1 billion in one day, in 1992. In 2006, many thought that housing industry and mortgage markets were rock solid  against any trouble, despite the loose lending standards in the markets. Paulson's strategy was all about having the right view as much as it was about timing.  He did not turn bearish too early, but waited for the correct technical moment. Many  other followers of the housing market invested a few years earlier against the market  only to have suffered painful losses waiting for a collapse that they finally closed their  bearish bets.
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sessions5_6_7 - InvestmentFundamentals: HowtoChooseStocks...

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