“This book isn’t about market timing. It’s about winning in a flat market — the sort of knowledge that can make you a lot of money. In his book, Katsenelson reminds us that investing returns come in three ways: more earnings, more dividends, or a higher price-to-earnings ratio. I’m a dividend guy, so Katsenelson had me when he declared that ‘the importance of dividends quadruples in sideways markets, where they historically represent more than 90% of total return.’ Amen, brother! There are a lot of ‘little books’ out there, but The Little Book of Sideways Markets offers excellent advice, reads easily, and will help you sidestep a potentially frustrating market.”(Motley Fool)
“Offers guidance on the discipline of selecting stocks, as well as wisdom on the challenges of knowing when to sell. Does a masterful job of taking a highly technical subject and explaining it in easily understood terms. His explanation of discounted cash flow analysis to determine the right price for buying an asset is the best, and the most entertaining.” (NAPFA Advisor)
“Thoroughly enjoyable . . for the thoughtful and often entertaining way in which it is delivered. . . Katsenelson takes his reader step by step into the mind of the value investor by relating, in a fictional addendum to Fiddler on the Roof, the story of Tevye’s purchase of Golde, the cow. He also describes his own big-time gambling evening (he was willing to lose a maximum of $40) and that of a half-drunken, rowdy fellow blackjack player to stress the importance of process. He then moves on to the fundamental principles of active value investing. What differentiates this book from so many others on value investing is that it describes, sometimes through the use of case studies, the thinking of a value investor. Not just his models or his metrics but his assessments. Katsenelson is an empiricist who weighs facts, looks for contraindications, and makes decisions. He makes value investing come alive. This may be a little book, but it’s packed with insights for both novices and experienced investors. And it is a delight to read.” (Seeking Alpha)
With the stock market turning into a roller-coaster ride of all-time highs and stomach-churning lows, where does that leave your portfolio? Pretty much back where you started in 2000. Which may be fine for visitors to Six Flags, but for your retirement, savings, and investments, you'd like to actually get somewhere.
In The Little Book of Sideways Markets, respected value investor and author Vitaliy Katsenelson shows you how to survive a stagnant market that's neither bull nor bear but instead what he calls a cowardly lionit displays occasional bursts of bravado but is ultimately overcome by fear.
Katsenelson, known for the commonsense principles he has written frequently about in the Financial Times, Bloomberg Businessweek and elsewhere, decodes the theories and cuts to the chase with practical and timely strategies for how you can survive and thrive during a sideways marketa state of affairs, by the way, we should expect for the next decade. He'll show you:
Making progress in a sideways market is difficult, but the lively and entertaining Little Book of Sideways Markets will help you triumph even when the market is stalled.
Although written for value investors, I believe this to be an excellent read for all investors. Having read Buffets letters, WSJ, IBD, Lynch, Greenblatt, Motley Fool and others,... Read morePublished 4 months ago by estrogen
Got this copy from vitaily. Easy to understand, free flowing without too much of technical jargon. Definitely a good book for an investor - beginner or otherwise. Read morePublished 4 months ago by R Varadharajan
Vitaliy carefully crafted this little gem of investing. I have known from experience, how things can go wrong, and how fast. Read morePublished 6 months ago by amehta
It's another perspective on investing and tips to ponder for markets that don't seem to be going anywhere fast. An easy read.Published 10 months ago by blink5
There's not really much in here that will come as news to a sophisticated value investor. The author's discussion of the likelihood of a sideways market is the best part of the... Read morePublished 19 months ago by Lincott
In his second book, The Little Book of Sideways Markets one of the most successful young and upcoming value investors - Vitaliy Katsenelson - joins the many prominent writers in... Read morePublished 19 months ago by investingbythebooks
I'm a growth stock investor; but this has some compelling ideas that enable me to make money in a "sideways" market as I wait for the herd to come to its senses.Published 21 months ago by Ellis Traub
The title of this book seemed misleading. The marketing on the cover emphasized sideway trading as the key topic. Actually the book should be described in 2 parts. Read morePublished on August 23, 2012 by Jack Young
1. In 1993 total debt as a percent of Gross Domestic Product was 299.8%
2. In 2010 total debt as a percent of GDP was 372.1%
3. Read more