The Empowered Investor [electronic resource] : 7 Principles for Strategic Wealth Creation in a New Financial World /
Puempin, Cuno.author.
Liechtenstein, Heinrich.author.
Hashemi, Fariba.author.
Hashemi, Brian.author.
Take control of your investment decisions The investment industry is in a state of inertia. Recent events highlight an overreliance on mathematical foundations and flawed investment models. Investors need to find new paths to effective wealth creation. The Empowered Investor provides a proven framework for wealth creation. Built around 7 key principles and practical real-world examples, the book provides insight into the limitations of traditional investment concepts, and illustrates how investors can take control of their investments. Instead of relying on often flawed financial advice, investors need to develop their own investment approach, drawing on their unique skill sets and experiences. This book: -Presents a practical strategy for wealth creation, based on practical experience and sound theoretical foundation; -Provides real world cases and excerpts from interviews with highly successful investors; -Demonstrates how investors can build on their core strengths, exploit opportunities and differentiate their investments; -Illustrates how to protect a portfolio from threats and risks This book will help you: -Build on your core strengths; -Identify and make the most of new opportunities; -Cultivate quality networks; -Differentiate your investments; -Protect yourself against threats and risks; -Understand and manage the time dimension; -Execute with efficiency. Written in a practical and straightforward manner, The Empowered Investor provides a robust strategic toolkit for investors, bringing the individual to the core of the investment strategy and creating new opportunities for wealth creation.
Description based upon print version of record.
Cover; Half-Title; Ttile; Copyright; CONTENTS; LIST OF FIGURES; LIST OF TABLES; Part I From Broken Investment Models to Sustainable Strategic Investing; 1 Perils of the Misguided Investor: Lessons from a CFO - Part 1; 2 Why Traditional Investment Models Don't Work; Th e truth about returns on stocks and bonds; Taxes, fees, and other costs; Th e temptation to follow simple graphs and the catastrophic eff ects of power laws; So is investing a bell curve game?; Th e tremendous impact of power law events; Why is the fi nancial services industry (still) promoting stocks and bonds?
Challenges facing near-term performanceConclusion: what to expect from traditional investment concepts; 3 Th e Investor Back at the Core of Investing : Lessons from a CFO - Part 2; 4 Th e Essence of Strategy; Th e battle of Salamis; Th e core elements of strategy; Strategic principles: universal laws of life; 5 Th e Empowered Investor: A New Paradigm of Investing; A framework for strategic wealth creation; Strengths: the investor at the core of investment strategy; Th e importance of strengths; Why are strengths neglected infinance literature?; How to build strengths
Where can strengths be built?Concentrate!; Assign resources; Focus on allocation of resources; Be aware of risks; Opportunities: sources of wealth creation; Opportunities in the fi nance industry; Pitfalls of the fi nance industry; Types of opportunities; Finding opportunities: chance or methodology?; Start with your strengths; Do your homework: scan the environment; Apply a long-term view; Pitfalls of opportunities; Networks: support of wealth creation; Networks in fi nance; Why are networks so important?; Guidelines for building networks; Th e heart of the network: core competences
Networks are a two-way streetStrong and weak ties; Building your network strategy; Diff erentiation: the path to uniqueness and competitive advantage; Successful diff erentiation: William's story; Prerequisites for successful differentiation; Building core competences for differentiation; Apply an indirect approach; Be innovative; Threats and risks: preventing losses; Continuous wealth creation without setbacks is not possible; How to deal with threats and risks; Rigorous analysis; Careful selection of the core competences to be built; Risk management by concentration of forces
Avoiding threats and risksUse of options and derivatives; Build networks; Don't over-leverage; Diversifi cation; Timing: limited strategic choices; Guidelines for successful timing: cycles; Apply the big picture; Clarify your investment horizon; Assure your strategic fl exibility; Be creative and courageous; Be patient; Effi ciency: a prerequisite for value creation; Fees can hamper wealth creation; Using networks eff ectively; Opportunity costs; Be selective; Th ree dimensions of efficiency; Making use of the framework of strategic investing; Strategic asset allocation
Part II How to Be a Successful Strategic Investor
Includes bibliographical references.
Take control of your investment decisions The investment industry is in a state of inertia. Recent events highlight an overreliance on mathematical foundations and flawed investment models. Investors need to find new paths to effective wealth creation. The Empowered Investor provides a proven framework for wealth creation. Built around 7 key principles and practical real-world examples, the book provides insight into the limitations of traditional investment concepts, and illustrates how investors can take control of their investments. Instead of relying on often flawed financial advice, investors need to develop their own investment approach, drawing on their unique skill sets and experiences. This book: -Presents a practical strategy for wealth creation, based on practical experience and sound theoretical foundation; -Provides real world cases and excerpts from interviews with highly successful investors; -Demonstrates how investors can build on their core strengths, exploit opportunities and differentiate their investments; -Illustrates how to protect a portfolio from threats and risks This book will help you: -Build on your core strengths; -Identify and make the most of new opportunities; -Cultivate quality networks; -Differentiate your investments; -Protect yourself against threats and risks; -Understand and manage the time dimension; -Execute with efficiency. Written in a practical and straightforward manner, The Empowered Investor provides a robust strategic toolkit for investors, bringing the individual to the core of the investment strategy and creating new opportunities for wealth creation.
Investment banking.
Securities.
Business enterprises-Finance.
Accounting.
Risk management.
Investments and Securities.
Business Finance.
Accounting/Auditing.
Risk Management.