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27-10-2012, 08:47 PM
hey is this book available in the library?
by the way, value investing is a positive sum game cos when u invest and hold the right companies, u earn dividends and the share price increases as a result of increased earnings (assuming same p/e). U do not depend on other traders to increase a valuation of your company. all shareholders gain, therefore positive sum.
if you do trading, for one who gains, another person loses, therefore zero sum
[/quote]
i'm not sure, i got a copy from a friend of mine
it's out of print and i heard costs 1k plus on ebay!
but def recommended reading, good luck
by the way, value investing is a positive sum game cos when u invest and hold the right companies, u earn dividends and the share price increases as a result of increased earnings (assuming same p/e). U do not depend on other traders to increase a valuation of your company. all shareholders gain, therefore positive sum.
if you do trading, for one who gains, another person loses, therefore zero sum
[/quote]
i'm not sure, i got a copy from a friend of mine
it's out of print and i heard costs 1k plus on ebay!
but def recommended reading, good luck