The Little Book of Sideways Markets by Vitaliy N. Katsenelsonm is the 15th book in the “Little Book, Big Profits” series that began with Joel Greenblatt’s The Little Book That Beats the Market in 2005.
It is a worthy addition, a variation of active value investing.
Reviews:
“It’s hard to talk clearly about investing and make sense to ordinary readers at the same time. Katsenelson gives a lucid explanation of today’s markets with sound advice about how to make money while avoiding the traps that the market sets for exuberant bulls and frightened bears alike.” — Thomas G. Donlan, Barron’s
“A thoroughly enjoyable read. Provides a clear framework for equity investing in today’s ‘sideways’ and volatile markets useful to everyone. Clear thinking and clear writing are not often paired – well done!” — Dick Weil, CEO, Janus Capital Group
“The bible for how to invest in the most tumultuous financial market environment since the Great Depression. A true guidebook for how to build wealth prudently.” — David Rosenberg, Chief Economist & Strategist, Gluskin Sheff + Associates Inc.
“A wonderful, grounded read for new and seasoned investors alike, Katsenelson explains in plain English why volatility and sideways markets are a stock picker’s best friend.” — The Motley Fool, www.Fool.com
“This book reads like a conversation with Vitaliy: deep, insightful, inquisitive, and civilized.” — Nassim Nicholas Taleb, author of The Black Swan
Chapter exerpt after the jump
