Mike Kwatinetz and Danielle Kwatinetz Wood, a father-daughter team, have written a readable volume of investment advice that will impress you with its fundamental soundness, if it does not dazzle you with buzzwords and newfangled formulas. With advice that flies in the face of the mantra of portfolio diversification, Mr. Kwatinetz shows how to narrow your portfolio and thereby compete with Wall Street professionals. The authors warn you away from the minefields sown by short-term thinking and guide you toward making that big stock-market score you’ve been hoping to achieve. The volume’s Q & A sessions with stock market gurus are interesting, but appear to be afterthoughts. getAbstract.com recommends this book to regular investors and Wall Street insiders alike.
In this summary, you will learn
- Why following conventional investment wisdom, especially with regard to diversification, can dampen performance;
- How to evaluate companies and their stocks in terms of long-term management potential, and
- How to identify companies with competitive advantages that might lead to increases in stock price.
About the Authors
Dr. Mike Kwatinetz is a founding partner of Azure Capital Partners, an investment advisory firm focused on technology, and the former head of Credit Suisse First Boston’s Equity Technology Research Group. He was named the No. 1 PC Hardware Analyst by the Wall Street Journal and by Institutional Investor for four out of the past five years. Danielle Kwatinetz Wood is Dr. Mike Kwatinetz’s daughter and partner.