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Summary of Scott Fearon & Jesse Powell's Dead Companies Walking
Everest Media
Availability:
Ebook in EPUB format. Available for immediate download after we receive your order
Ebook in EPUB format. Available for immediate download after we receive your order
Publisher:
Everest Media LLC
Everest Media LLC
DRM:
Watermark
Watermark
Publication Year:
2022
2022
ISBN-13:
9798822515574
Description:
Please note: This is a companion version & not the original book.
Sample Book Insights:
#1 I learned the basics of money management from Geoff Raymond, who ran the investment division at Texas Commerce Bank in Houston. He was a very deliberate person, and he believed in human-to-human contact rather than numbers to gauge a company’s future performance.
#2 I was very nervous about visiting the offices of Global Marine, a company I was considering buying. I was worried about the company's cyclical nature, and whether or not I could predict the bottom of a downturn. I decided to wait and buy it on the way up at $7 or $10.
#3 The oil services industry unraveled in Houston in the early 1980s, and utilization dropped from 70 percent to 25 percent. Global Marine’s stock was trading under $1 by mid-1985.
#4 People often learn from history, but only the recent past. They forget that the past is not a reliable predictor of the future. Investors frequently fail to look beyond the recent past, and this has gotten them into trouble.
Sample Book Insights:
#1 I learned the basics of money management from Geoff Raymond, who ran the investment division at Texas Commerce Bank in Houston. He was a very deliberate person, and he believed in human-to-human contact rather than numbers to gauge a company’s future performance.
#2 I was very nervous about visiting the offices of Global Marine, a company I was considering buying. I was worried about the company's cyclical nature, and whether or not I could predict the bottom of a downturn. I decided to wait and buy it on the way up at $7 or $10.
#3 The oil services industry unraveled in Houston in the early 1980s, and utilization dropped from 70 percent to 25 percent. Global Marine’s stock was trading under $1 by mid-1985.
#4 People often learn from history, but only the recent past. They forget that the past is not a reliable predictor of the future. Investors frequently fail to look beyond the recent past, and this has gotten them into trouble.
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