Ron′s Road to Wealth: Insights for the Curious Investor - Hardcover

Muhlenkamp, Ron

Hardcover

ISBN 10: 0470137525 ISBN 13: 9780470137529

Publisher: John Wiley & Sons, 2007

Synopsis

Praise for Ron's Road to Wealth "Long-term investors will learn much from Ron Muhlenkamp's thoughtful reflections on what he has learned about investing over a thirty-year period of successful practice." --Milton Friedman "Ron Muhlenkamp has thought long and hard and successfully about investments for many years. He has learned not to be misled by the distortions that inflation brings to normal returns. He has also learned the important understanding that volatility is not the risk that should concern long-term investors. His book will help readers to do better." --Allan H. Meltzer, Professor of Political Economy and Public Policy, Carnegie Mellon University "Ron Muhlenkamp has one of the most original, insightful minds in the financial world today. His record is superb. You will find his book a richly rewarding read." --Steve Forbes, President and Chief Executive Officer of Forbes and Editor in Chief of Forbes magazine "Conventional wisdom says that mutual fund managers can't beat the market; Ron Muhlenkamp's record proves that he can. Ron's Road to Wealth offers a bounty of snapshots of the insightful thinking that has allowed Muhlenkamp to better his peers with remarkable consistency. While many on Wall Street make their living adding to the confusion of the investment process, Muhlenkamp cuts through the clutter to reveal the commonsense logic underneath the surface. If you're tired of conventional investment results, you'll relish this book's unconventional wisdom." --Don Phillips, Managing Director of Morningstar, Inc. "Ron Muhlenkamp is virtually the only commentator in today's investment world who makes a compelling and commonsense case for active investment management. His principles have exactly what you look for in the investment world: they modestly underpromise and have an interesting history of overdelivering." --Bob Veres, Publisher and Editor of Inside Information

About this title

Synopsis:

A nationally recognized investment manager shares his thoughts and secrets to beating today's markets. In "Ron's Road to Wealth", Ron Muhlenkamp identifies the fundamental principles that govern intelligent investing. Drawing on 40 years of market experience, he answers the questions that all investors need to know, from "How do you figure out what a company is worth and how do you know what to pay for it?" to "When it comes to investing in stocks and bonds, what works and why?" Aimed at readers looking to invest more thoughtfully and successfully "Ron's Road to Wealth" addresses a wide range of topics, including market changes and misconceptions, personal finance, economics, and even politics. By sharing the lessons he's learned over the course of his long career, and taking a close look at fundamental market principles, Muhlenkamp encourages readers to weigh their experiences against his insights and ultimately draw conclusions of their own.Ron Muhlenkamp, CFA (Pittsburgh, PA) is the founder of Muhlenkamp and Company, Inc., established in 1977.

He is a nationally recognized, award-winning investment manager, frequent guest on CNBC and CNN, and author of a quarterly newsletter, "Muhlenkamp Memorandum". Muhlenkamp received a BS in engineering from MIT and an MBA from the Harvard Business School.

About the Author:

Ron Muhlenkamp, CFA, is the founder of Muhlenkamp & Company, Inc., established in 1977. He is a nationally recognized, award-winning investment manager, frequent guest on CNBC and CNN, and author of a quarterly newsletter, Muhlenkamp Memorandum. He has developed a proprietary method of evaluating both equities and fixed-income securities that continues to be employed by Muhlenkamp & Company. Mr. Muhlenkamp earned a BS in mechanical engineering from MIT and an MBA from the Harvard Business School. He and his wife Connie make their home on a farm near Pittsburgh but travel extensively to meet and talk with companies and clients around the country. Wendy Muhlenkamp Miller, as the youngest of Ron's four children, has had the advantage of being exposed to Ron's unique perspective on the economy and the markets from a very early age. She uses this background to frame Ron's ideas in a way that is both direct and insightful. Wendy holds a BS in mechanical engineering from MIT, worked several years in the aerospace industry, and is now a full-time mother of four.

About this edition

• Publisher: John Wiley & Sons
• Publication date: 2007
• ISBN 10: 0470137525
• ISBN 13: 9780470137529
• Binding: Hardcover
• Number of pages: 336
• Editor: Miller Wendy Muhlenkamp