Monday, 9 January 2017
100 Baggers: Stocks That Return 100-to-1 and How To Find Them (Chirstopher W. Mayer)
Mayer is the founder of two investment newsletters and author of other books. This book is intended to be a spiritual successor to another book: 100 to 1 in the Stock Market authored by Thomas W. Phelps.
This book is a summary of 100-baggers by other authors, investors and research. Mayer builds the case with some inspirational stories before presenting evidence, and some how-to. I felt that the first half of the book can be skipped and some of the content has been repeated in other books. However, readers can tell that Mayer is widely read and he quotes from a staggering array of sources. I did not feel that I gained in terms of content, but I benefited from his list of sources more and will be reading up on other authors and ideas presented in this book. Readers can expect this book to be a distillation of ideas presented elsewhere, but thematically there is no central theme other than the title itself.
I am a giving thumbs-up because this book would be useful to neophytes as some sophisticated ideas are summarised here (such as the Kelly formula in investments).
Found in NLB: No (as of 9 Jan 2017)