Pitch the Perfect Investment: The Essential Guide to Winning on Wall Street (Wiley Finance) BY PAUL D. SONKIN & PAUL JOHNSON
BOOK REVIEW: Pitch the Perfect Investment: The Essential Guide to Winning on Wall Street (Wiley Finance) BY PAUL D. SONKIN & PAUL JOHNSON
About the book
Research analysts usually learn on a trial and error basis. This is due to the fact that there is no actual training for research analysts before they get into the field. This is the primary reason why the authors have created a guide that will help all who are trying to get into the industry.
In this book, the authors reach the readers to encourage them to get out of their comfort zones and explore familiar ideas in a different light. This gives readers new ways of analytical processes and encourages better communication. This “survival” guide will help analysts, students, and even executives improve their performance.
Review
Finding a book on finance that not only informs you but also keeps you entertained is rare, which is why Pitch the Perfect Investment: The Essential Guide to Winning on Wall Street (Wiley Finance) is recommendable. It is insightful in the different areas of investing business and teaches how to pitch an idea successfully.
About the Author
PAUL D. SONKIN has more than twenty-five years of experience in research on nano-cap companies. He is a portfolio manager at GAMCO Investors / Gabelli Funds. He previously worked at The Hummingbird Value Fund and the Tarsier Nanocap Value Fund for fourteen years under the same position. He received his MBA from Columbia University Graduate School of Business.
PAUL JOHNSON launched Nicusa Investment Advisors, which is an advisory firm that assists CEOs and the Board of Directors in dealing with financial and operational strategy, among others. He uses thirty-five years of his experience as an investment professional and twenty-five years as a professor in business to help in critical strategic issues. He received his MBA in Finance from the Executive Program at the Wharton School of the University of Pennsylvania. He earned a degree in Economics from the University of California, Berkeley.
Table of Contents
Preface
Introduction
Part 1: The Perfect Investment
Chapter 1 How to Value an Asset
Chapter 2 How to Value a Business
Chapter 3 How to Evaluate Competitive Advantage and Value Growth
Chapter 4 How to Think About a Security’s Intrinsic Value
Chapter 5 How to Think About Market Efficiency
Chapter 6 How to Think About the Wisdom of Crowds
Chapter 7 How to Think About Behavioral Finance
Chapter 8 How to Add Value Through Research
Chapter 9 How to Assess Risk
Part 2: The Perfect Pitch
Chapter 10 How to Select a Security
Chapter 11 How to Organize the Content of the Message
Chapter 12 How to Deliver the Message
Acknowledgments
Art Acknowledgments
About the Authors Index
