- By Michael Kemp Scott Pape

Uncommon Sense: Investment Wisdom Since the Stock Market's Dawn

  • Title: Uncommon Sense: Investment Wisdom Since the Stock Market's Dawn
  • Author: Michael Kemp Scott Pape
  • ISBN: null
  • Page: 413
  • Format: Kindle Edition
  • Uncommon Sense Investment Wisdom Since the Stock Market s Dawn Question everything and become a better investor in the process Uncommon Sense takes readers on a four century journey from the dawn of public share ownership in right up to today But this is not

    Question everything and become a better investor in the process Uncommon Sense takes readers on a four century journey from the dawn of public share ownership in 1602 right up to today But this is not simply a history book It s a book for serious investors Along the way it reveals the fascinating stories, the market characters and the important financial developmenQuestion everything and become a better investor in the process Uncommon Sense takes readers on a four century journey from the dawn of public share ownership in 1602 right up to today But this is not simply a history book It s a book for serious investors Along the way it reveals the fascinating stories, the market characters and the important financial developments that have sculpted the thinking behind the value investor s craft Blended throughout the narrative Kemp delivers an array of interesting anecdotes and rock solid logic regarding what works when investing in the stock market, what doesn t, and why Early in the 20th Century, Charles Dow remarked of Wall Street Operators that the they actually know, the less confident they become Continuing in the tradition of that simple, elegant statement, this enlightening and entertaining book will have you thinking, acting and succeeding on your own in your investment endeavours Learn to question conventional wisdom at every turn and develop a healthy skepticism as you plan your own investment strategies Develop a rich understanding of the stock valuation process Discover the methods that have been used by successful investors from the dawn of the modern stock market in 1602 right up to today Learn how to interact simply and successfully with markets that are vastly complex and largely inexplicable Uncommon Sense will have you questioning and doubting much that s stated about stock market investing, then developing your own winning strategy based on reason and understanding.

    1 thought on “Uncommon Sense: Investment Wisdom Since the Stock Market's Dawn

    1. UNLIKE MOST MARKETS THE SUPPLY OF STOCKS DOESNT CHANGE MUCH SO ITS REALLY THE DEMAND FOR STOCKS THAT MOVES PRICES. IF DEMAND FALLS YOU CANT REDUCE SUPPLY MUCH TO COMPENSATE SO THERE ARE LARGE SWINGS IN PRICES.Being contrarian doesnt mean always running against the crowd, it means questioning the actions of the majority.I havent met a good investor who wasnt driven by the need to learn and to keep learning.John Keynes managed the endowment of Kings College at Cambridge University. His part of the [...]

    2. An enlightening read. In this book, Mike Kemp will show you why Warren Buffett said that the only job of economic forecasters is to make fortune tellers look good. When buying individual stocks, focus on the micro because the macro is pretty much unpredictable. Carefully analysing the micro aspects of a company and buying with a margin of safety will ensure that your downside is protected in the event of short term macro meltdowns. A must read for those who follow the Value Investing philosophy. [...]

    3. I love the historical aspects which are drawn into this book. Great read if you like investing and financial history.

    4. Uncommon Sense is an uncommon book written by an uncommonly successful investor. One that has beaten the (Australian) market over the last three decades.Unlike many finance authors, Michael Kemp promises you no market-beating formulas or “time-tested” trading algorithms. The book will teach you two important lessons to become a successful investor: The value of a business, and the mentality of the market.The first part of book took you through the 400-plus-year history of the share market to [...]

    5. An interesting historical journey which is well written and referenced, but fails to deliver the potential market street smarts ones suspects the writer has in abundance.

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