Payback Time: Eight Steps to Outsmarting the System That Failed You and Getting Your Investments Back on Track

Non ho mai apprezzato i libri che danno un metodo di investimento con la promessa di un milione in x mesi. Phil Town però è un’eccezione, il suo è un sistema semplice ma con solide basi scientifiche, molto pratico e con pochi giri di parole usa i p/e e I peg in modo impeccabile! Ampia analisi qualitativa dei business. Focalizzato esclusivamente su investimento in company (azioni) e valutazione (non di altri asset: etf, ecc., ne di concetti generici: diversificazione, ecc). Ottimo testo acquisto consigliato

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Buen libro, cumple con su función

There is not a lot of new information here than what was presented in Mr. Town's previous book, "Rule #1" It's the same basic underlying technique to find and evaluate great companies, but the Pacback Time method focuses more on finding and holding them(and buying more when the time is right), where Rule #1 was more focused on actively trading them. The buy and hold approach appeals much more to me personally as a long-term investor. That said, this is an excellent book and and a very powerful strategy. It is very well explained in layman's terms, and you don't need any finance or economics training to see the potential here. I recommend this book over Rule #1, if for no other reason than it's more updated and better reflects the current state of the economy. It also has updated information on the free resources on the web to find financial data, and doesn't advocate buying any third-party (and very expensive) financial software.

An excellent how-to and easy to read guide book to achieve great gains for those interested in the craft of (Value) Investing and multiplying your personal wealth over time! Yes, I wrote 'craft', as Value Investing financial success will take time to achieve and perfect. For those who are diligent and willing enough to dedicate the time and effort it will take to make a difference in their financial legacy, this book is among those that must be read. An excellent follow-up book that expands upon Phil Town's original "Rule #1". Again, another among the must be reads.