To get the free app, enter your email address or mobile phone number.
Just One Thing: Twelve of the World's Best Investors Reveal the One Strategy You Can't Overlook Hardcover – November 4, 2005
See the Best Books of the Month
Want to know our Editors' picks for the best books of the month? Browse Best Books of the Month, featuring our favorite new books in more than a dozen categories.
Frequently Bought Together
Customers Who Bought This Item Also Bought
The lessons which Mauldin has compiled in this thin, readable volume range widely. Some readers may enjoy the folksier tone of hedge fund manager Andy Kessler's piece, which analogizes investing to a hike up New England's Mt. Washington, on a foggy day. Other may prefer the approach of bond investor Gary Shilling, who argues for finding and developing a consistent and long-term narrative (or "story" about a market) around which to build investment picks. Yet others may find it most comforting to go with financial analyst Rob Arnott, who runs a multi-billion dollar fund for Pimco and who anchors his market analysis in deep skepticism and extensive quantitative analytics.
As with the larger market, Mauldin's group of 12 expert investors brings its own mix of philosophies, tactics, and personalities to investing, and in his notes between each selection, Mauldin is careful not to tip his hand favoring one or the other. Instead, quality for Mauldin rests in the survey of the masters, and the restriction of those masters to "just one thing" each. Mauldin should know: as the author of Bull's Eye Investing: Targeting Real Returns in a Smoke and Mirrors Market, as well as a weekly investment newsletter with readership over one million, he has seen his share of both charlatans and geniuses.
Mauldin's work can be taken a couple of different ways. For younger investors, it may provide a valuable survey of different investment philosophies, and the opportunity to learn just enough to undertake further research elsewhere. For more experienced investors it can provide the possibility of a new idea gleaned here or there, some new concept that may have been overlooked previously. Either way, both audiences will benefit from the diversity of perspectives included in this book. In an increasingly chaotic and noise-filled world, trusted sources which give such sure-handed perspective on the business of investments deserve high praise. --Peter Han
[Author interview in Offshore Engineer] “…few books have caused as much consternation…”
More About the Author
Top Customer Reviews
The highlights for me were Chapters 6, 8 by James Montier and Rob Arnott. One of these discussed the flaws of Mkt Cap Weight Indices and how non weighted should outperform them in the future. Since we money managers are benchmarked against these indices, the implications are very important.
The other highlight was James Montiers Guide to "Thinking about thinking." It explained many human behavioral traits and how they apply it to investing. There were some new ideas that I hadn't heard before.
The other chapters including John's chapter at the end were just more of the same things I've heard over and over. This may be because I've read many of these investor's other books and articles before so for somebody new to these investors, it may be different.
Below please find my most favorite saying in the whole book:-
Change is like a train. It can either run over you, or you can catch it to the future. pg 219
I would recommend this book to individuals that understand and have completed various investments to be able to take the investments to another level by diversification.
My favorite section was chapter 11 with "rich man, poor man" which summarized the book in a chapter. I also found chapter 12 to be a good view into the future for investments. I guess you would need to make your own decision once you read the book.
If you are not familiar with the work of the authors helming the 12 chapters than this book is an excellent place to start for getting a good introduction to a wide variety of important investing topics and non-traditional views on the market.
Additionally, the book is very easy to read and a majority of the authors do an excellent job of clearly and briefly explaining the key point they want to make.
Typical of the book is Mark Finn and Jonathan Finn's chapter on why previous performance is generally not the indicator you should focus on when choosing a money manager. Like many of the book's chapters, theirs takes a basic belief about investment management, explains why it's more myth than fact (the Finns label it "hope"), and then gives you a better methodology to use when making decisions about who should manage your money.
This book is a quick read that gets to the point; it will definitely make you rethink some of your investment ideas.
By relying on an expert in the field to do the screening and compilation, this book provides a very efficient way to cover a lot of ground quickly. You don't have to read twelve books. Readers can then choose to dig deeper into the investment principles and ideas they found the most appealing.
Most Recent Customer Reviews
I do not feel the book delivers on what it advertises. I feel like it promotes an investment strategy from twelve top investors. Their one nugget that every investor should know. Read morePublished 3 months ago by Online
Quite entertaining. Good concepts, but won't necessarily make you money this year. The book does help you see other perspectives. Chapters aren't too long.Published 18 months ago by Hillbilly
This is a book that every serious investor should read. I am always looking for new trends and ideas that will help me be a successful investor. Read morePublished on March 4, 2013 by William D. Jobe
I enjoyed Bull's Eye Investing, and generally enjoy Mauldin's commentary -- not that I agree with all of it, but he does provide an interesting and relevant take on economics. Read morePublished on April 21, 2012 by Scott Snyder
In this book, John Mauldin offers an incomparable shortcut to prosperity: the personal guidance of an outstanding group of recognised financial experts, each offering the single... Read morePublished on March 13, 2009 by Jusuf Hariman
After reading the other reviews, and then the book, i concur with the reviews. There are worthwhile nuggets of information - including the compounding table. Read morePublished on November 30, 2007 by Rabbit