Forever Investing: The Investment Strategy of History's Greatest Investors - Softcover

Nowacki, Michael T.

Softcover

ISBN 10: 0692769412 ISBN 13: 9780692769416

Publisher: Michael T. Nowacki, 2016

Synopsis

Over the last fifty years, the average holding period of a stock in the United States has plummeted. In the 1960s, it was eight years; now it’s just several days. And yet historically many of America’s most successful investors have been forever investors—buying ownership in companies with the goal of keeping those assets indefinitely, if not forever.

In this insightful, easy-to-read guide, author Michael T. Nowacki challenges current thinking about stock holding and investing. He proposes that today’s investors take their cues from business titans of the past and present. He advises adopting a more long-term approach to choosing, making, and holding stock market purchases. In short, rather than seeing yourself as a stock owner, he recommends you see yourself as a business owner.

In Forever Investing, Nowacki examines the strategies of some of the greatest investors in history, including John D. Rockefeller Sr., Andrew Carnegie, Shelby Cullom Davis, the Koch brothers, and Warren Buffett. Then, drawing on these luminaries’ practices, he explains how you can get into a forever investing mind-set. Once you accomplish that, you will make better, more stable, and more productive investment decisions.

About this title

About the Author

Michael T. Nowacki received a bachelor’s degree in economics from The Ohio State University and a master’s degree in financial economics from Ohio University.

He is the co-founder and owner of Forever Investing and Thrifty Investing. His interests include the American Revolution, Gilded Age, and golf architecture.

About this edition

• Publisher: Michael T. Nowacki
• Publication date: 2016
• ISBN 10: 0692769412
• ISBN 13: 9780692769416
• Binding: Paperback
• Number of pages: 152