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Capital Returns: Investing Through the Capital Cycle: A Money Manager’s Reports 2002-15

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 | #129130 in eBooks |  2016-05-04 |  2016-05-04 | File type: PDF

||8 of 9 people found the following review helpful.| An investment Gem|By David Shepley|Truly a joy to read. A more holistic and complete harnessing of Marathon's investment philosophy than Capital Account. Practical wisdom exudes from these well-written pages of recent market history. Essential reading for a fundamentally-driven investor. Poignant discussions around key value drivers; capital allocation, sustainable competit| ||“Capital Returns brings together industrial economics, Michael Porter’s competitive analysis and behavioral finance, into a powerful long-term investment approach that Marathon Asset Management calls ‘capital cycle’ analysis. …

We live in an age of serial asset bubbles and spectacular busts. Economists, policymakers, central bankers and most people in the financial world have been blindsided by these busts, while investors have lost trillions.

Economists argue that bubbles can only be spotted after they burst and that market moves are unpredictable. Yet Marathon Asset Management, a London-based investment firm managing over $50 billion of assets has developed a relatively simple met...

You can specify the type of files you want, for your device.Capital Returns: Investing Through the Capital Cycle: A Money Manager’s Reports 2002-15   |  From Palgrave Macmillan. Which are the reasons I like to read books. Great story by a great author.

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