Author – By: Stephen Clapham
In The Smart Money Method, the stock-picking techniques used by top industry professionals are laid bare for investors.
This is the inside track on how top hedge funds pick stocks and build portfolios to make outsize returns. Stephen Clapham is a retired hedge fund partner who now trains stock analysts at some of the world’s largest and most successful institutional investors. He explains step-by-step his research process for picking stocks and testing their market-beating potential. His methodology provides the tools and techniques to research new stock ideas, as well as maintain and eventually sell an investment.
From testing your thesis and making investment decisions, to managing your portfolio and deciding when to buy and sell, The Smart Money Methodcovers everything you need to know to avoid common pitfalls and invest with confidence. Unique insight is presented in several specific areas, including how to: -Find stock ideas -Assess the quality of any business -Judge management’s ability -Identify shady accounting and avoid dying companies -Value any business to find bargain shares -Navigate the consequences of COVID-19 And throughout, there are real-life investing examples and war stories from a 25-year career in stock markets.
The message is clear – you can beat the market. To do so, you need to learn and apply the insider secrets contained within this book.
Industry Reviews
A book crammed with a lifetime’s professional experience with practical advice you won’t find elsewhere. If you are picking stocks and you want to save time and money the best place to start is by buying this book.–Russell Napier, author, Anatomy of The Bear
A superb book by one of the acknowledged experts in the field. Clear, compelling and beautifully structured, this should be required reading for anyone who wishes to understand what makes a great investment – or a lousy one. Every young investor should read this and take careful note of Steve Clapham’s experience from a lifetime of investing.– Quintin Price, former Head of Equities and Credit, Blackrock
A very comprehensive book on the world of research and analysis. Steve doesn’t just guide you through analysis but also tutors you in how to ‘think’ like a professional, successful analyst. Moreover, the book integrates other all-important facets of investment such as approaches to communication with decision-makers and clients, and portfolio maintenance. This is no surprise to me since I first met Stephen 25 years ago when he was already a highly rated analyst and I was a client, and since then he has had a successful career in hedge fund management. Therefore, the approaches which hedge funds use but rarely discuss can be gleaned from this authoritative book. Packed with practical step-by-step advice it is chatty in tone when it needs to be to get important messages across, and thus is wonderfully easy to read. –Ajay Gambhir, former manager, RWC Samsara
An essential read. Leverage Stephen’s wealth of experience and become a better investor.–Jon Moulton, Founder and Managing Partner, Better Capital