The Forever Portfolio How to Pick Stocks That You Can Hold for the Long Run |
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Author:
| Altucher, James |
ISBN: | 978-1-59184-342-9 |
Publication Date: | |
Publisher: | Penguin Publishing Group
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Imprint: | Portfolio |
Book Format: | Paperback |
List Price: | AUD $19.95 |
Book Description:
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How to find companies with high long-term value by understanding key trends Warren Buffett once said that his favorite holding period for a stock is 'forever.' Now James Altucher shows how to find 'forever' stocks - ones you can safely buy and hold for at least twenty years. These companies will profit from broad demographic trends and can ride out any short-term market fluctuations. For instance, Altucher says it's smart to invest in- Obesity-...
More Description
How to find companies with high long-term value by understanding key trends
Warren Buffett once said that his favorite holding period for a stock is 'forever.' Now James Altucher shows how to find 'forever' stocks - ones you can safely buy and hold for at least twenty years. These companies will profit from broad demographic trends and can ride out any short-term market fluctuations.
For instance, Altucher says it's smart to invest in-
Obesity- 33 billion dollars are spent each year on services for the obese
Dirty Water- Developing countries are finding it much harder to deliver clean water to their growing populations, and companies that sell clean water treatment technologies will thrive
Luxury- The rich are recession-proof, and the stocks of luxury producers make a great hedge against any slowdown in the global economy
The Forever Portfolioshows investors how to build a strong, consistent, long-term portfolio, diversified enough to withstand the various cycles of the market.