None of the masters rely on hot tips or superficial market commentary. Whether it was Peter Lynch visiting hundreds of companies a year, or Warren Buffett reading thousands of pages of corporate annual reports, deep fundamental due diligence is non-negotiable. 2. Emotional Detachment and Psychological Independence
If you meant a (e.g., a 2010s or 2020s edition), none exists. For a modern take, see The New Money Masters (John Train, 1989) or The Little Book of Value Investing .
While the investors profiled by Train had different tactics, they all shared core principles that modern traders can still use today. 1. Value Investing and the Margin of Safety money masters of our time john trainpdf updated
Analyze a company's using Philip Fisher's qualitative checklist.
First published in 2000, Money Masters of Our Time is often described as the definitive, updated edition of his widely acclaimed 1980 book, The Money Masters . While the original profiled nine great investors, this version is a significant , offering "new and updated appraisals" of proven winners while introducing a new generation of financial geniuses. Train aimed to answer the most fundamental questions for every investor: How do these masters reason? Where do they get their information? How much do they depend on fact and how much on psychology? What are their criteria for selecting a stock?. None of the masters rely on hot tips
The revised edition is a significant upgrade over the original "Nine Great Investors" version. Expanded Roster : Includes newer masters such as Julian Robertson Jim Rogers Michael Steinhardt
by John Train is a seminal financial work that profiles seventeen of the most successful investors in history, detailing the diverse strategies they used to achieve consistent market outperformance. Originally published as The Money Masters in 1980 and later expanded, the updated edition provides a comprehensive look at both classic value investors and modern aggressive strategists. Core Investment Philosophies 4. Patience and Discipline
: The book emphasizes investing in companies led by skilled, ethical executives dedicated to long-term shareholder value. 4. Patience and Discipline