Eli Greenblat is a financial journalist who has followed the careers of Australia's young, talented moneymakers. This book is a fascinating insight into the investing strategies of a selection of money managers -- all extremely successful, all under 40 - and shares with readers the lifestyle this affords them. The group of Australian 'market wizards' includes: Roger Montgomery, managing director and founder of Clime Asset Management; Tom Elliott, managing director of MMaE Capital; Peter Constable, chief investment officer of MMC Asset Management; Michael Norster; Lawrence Gozlan; Gabriel Radzyminski; Karl Siegling; Campbell McComb; Peter Wilmshurst; Angus Gluskie and Atul Lele.I do think with smaller companies (and this applies to private companies as well) that cash flow is very, very important. ... time you are pretty much guaranteed a loss because stocks are cyclical, especially small-cap stocks which can be illiquid.
|Title||:||Young Guns on the Sharemarket|
|Publisher||:||John Wiley & Sons - 2011-12-30|