Deep value : why activists investors and other contrarians battle for control of losing corporations /

"The economic climate is ripe for another golden age of shareholder activismDeep Value: How Shareholder Activist Hedge Funds Battle for Control of The World's Leading Corporations is a must-read exploration of deep value investment strategy, describing the evolution of the theories of valu...

Πλήρης περιγραφή

Λεπτομέρειες βιβλιογραφικής εγγραφής
Κύριος συγγραφέας: Carlisle, Tobias E., 1979-
Μορφή: Ηλ. βιβλίο
Γλώσσα:English
Έκδοση: Hoboken, New Jersey : John Wiley and Sons, Inc., 2014.
Σειρά:Wiley finance series.
Θέματα:
Διαθέσιμο Online:Full Text via HEAL-Link
Περιγραφή
Περίληψη:"The economic climate is ripe for another golden age of shareholder activismDeep Value: How Shareholder Activist Hedge Funds Battle for Control of The World's Leading Corporations is a must-read exploration of deep value investment strategy, describing the evolution of the theories of valuation and shareholder activism from Graham to Icahn and beyond. The book combines engaging anecdotes with industry research to illustrate the principles and methods of this complex strategy, and explains the reasoning behind seemingly incomprehensible activist maneuvers. Written by an active value investor, Deep Value provides an insider's perspective on shareholder activist strategies in a format accessible to both professional investors and laypeople. The Deep Value investment philosophy as described by Graham initially identified targets by their discount to liquidation value. This approach was extremely effective, but those opportunities are few and far between in the modern market, forcing activists to adapt. Current activists assess value from a much broader palate, and exploit a much wider range of tools to achieve their goals. Deep Value enumerates and expands upon the resources and strategies available to value investors today, and describes how the economic climate is allowing value investing to re-emerge. Topics include: Target identification, and determining the most advantageous ends Strategies and tactics of effective activism Unseating management and fomenting change Eyeing conditions for the next M & A boom Activist hedge funds have been quiet since the early 2000s, but economic conditions, shareholder sentiment, and available opportunities are creating a fertile environment for another golden age of activism. Deep Value: How Shareholder Activist Hedge Funds Battle for Control of The World's Leading Corporations provides the in-depth information investors need to get up to speed before getting left behind"--
"This book seeks to describe the evolution of the theories of valuation and shareholder activism from Graham to Icahn and beyond. It is intended to be a practical guide that also canvases the academic and industry research and provides important details alongside engaging anecdotes. It will discuss how activists identify targets, and the strategies and tactics employed to unseat management or foment change"--
Περιγραφή τεκμηρίου:Machine generated contents note: Preface Acknowledgments About the Author Chapter 1: The Icahn Manifesto Chapter 2: Contrarians At the Gate Chapter 3: Warren Buffett: Liquidator to Operator Chapter 4: The Acquirer's Multiple Chapter 5: A Clockwork Market Chapter 6: Trading in Glamour: The Conglomerate Era Chapter 7: Catch a Falling Knife Chapter 8: The Art of the Corporate Raid Chapter 9: How Hannibal Profits From His Victories Chapter 10: Applied Deep Value Index.
Φυσική περιγραφή:1 online resource.
Βιβλιογραφία:Includes bibliographical references and index.
ISBN:9781118747995
1118747992
9781118747858
1118747852
1118747968
9781118747964
DOI:10.1002/9781118835005