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Invest in the Best

Applying the principles of Warren Buffett for long-term investing success

By Keith Ashworth-Lord
Cover of Invest in the Best (Hardback) by Keith Ashworth-Lord Cover of Invest in the Best (Ebook - phone) by Keith Ashworth-Lord Cover of Invest in the Best (Ebook - tablet) by Keith Ashworth-Lord

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About the Author

Keith Ashworth-Lord

Keith Ashworth-Lord graduated with a BSc (Hons) degree in Astrophysics before studying for a Master's degree in Management Studies at Imperial College. His career spans over thirty years in equity capital markets, working in company investment analysis, corporate finance and fund management. He has been Head of Research at Henry Cooke, Lumsden and Daiwa Securities and for many years was Chief ... Read more on Keith Ashworth-Lord

Contents Listing

Introduction: Towards an Investment Philosophy

1. Business Perspective Investing
2. Growth is not always what it seems
3. Profitability of Capital
4. Economic Value Added
5. Cash is King
6. Predictability and Certainty
7. Ratio Analysis & Performance Indicators
8. Valuation
9. When to Sell
10. Synopsis
Introduction: Towards an Investment Philosophy

1. Business Perspective Investing
2. Growth is not always what it seems
3. Profitability of Capital
4. Economic Value Added
5. Cash is King
6. Predictability and Certainty
7. Ratio Analysis & Performance Indicators
8. Valuation
9. When to Sell
10. Synopsis

Jacket Text

This book concentrates on the investment style of Business Perspective Investing, as practiced by Benjamin Graham and Warren Buffett. It takes the reader through the realisation that the thought process involved when buying shares in a company is no different to buying the company in its entirety.

Beginning with how to assess the quality of a business, it explains and illustrates with examples what to look for in company accounts, how to determine the value drivers of a business, the strength of its franchise and how to interpret key financial ratios and performance indicators. It discusses the ideal characteristics of a business worthy of investment so that you will develop a mental checklist of what to look out for.

The book then sets out a number of valuation methods to determine the likely economic worth of a company. It is against this estimate that a judgement can be made as to whether a share price offers good value.

The book concludes with thoughts on portfolio construction, in particular Focus Investing, where a concentrated approach is taken, and legitimate reasons for deciding to sell a holding. Throughout, the emphasis is on the methodology used to manage the SDL UK Buffettology Fund.

Media Coverage

The Daily Telegraph

A fund that adopts Warren Buffett’s investment principles has almost doubled investors’ money since it launched five years ago.

ConBrio Sanford Deland UK Buffettology has returned 98pc, ...

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ValueWalk

Keith Ashworth-Lord is regarded as one of the foremost authorities on the investment philosophy of Warren Buffett and Charlie Munger and a keen student of the teachings of Benjamin Graham and Philip ...

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Master Investor

There are scores of books for sale about the life, successes and invest- ment philosophies of Warren Buf- fett. A quick search in the book sec- tion on amazon.co.uk for the Sage of Ohama's name ...

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Investing by the Books

The author of this text on stock selection is touted as the Warren Buffett of the UK. This is a bit unfair since, to me, Keith Ashworth-Lord displays a distinct investment personality of his own. ...

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Interactive Investor

VIDEO: Keith Ashworth-Lord, who runs a highly-respected Buffett-style fund, reveals the shares he'd own forever, his bullet-proof companies and possible takeover targets.

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MoneyLife Radio

Audio file of interview with Keith Ashworth Lord

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Value Walk

An interview With Keith Ashworth-Lord Author Of Invest In The Best

I know this is a broad question but what are the qualities investors should be looking for when trying to identify the best ...

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ShareSoc

Business perspective investing by a disciple of Warren Buffett.

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