James Montier, GMO. James is a member of GMO’s Asset Allocation team. Prior to joining GMO in , he was co-head of Global Strategy at Société Générale. James Montier’s book Value Investing is essential reading for value investors. With markets falling due to fears over China’s economy – the. “”As with his weekly column, James Montier’s Value Investing is a must read for all students of the financial markets. In short order, Montier shreds the ‘efficient.

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In short order, Montier shreds the ‘efficient market hypothesis’, elucidates the pertinence of behavioral finance, and explains the crucial difference between investment process and investment outcomes. The Education of a Value Investor: I hope I can use this knowledge in the real world.

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In his view, vaue successful long-term value investor must by definition be eccentric, willing to be different from the crowd to achieve different results. James Montier’s book, Value Investing, provides a broad review of successful value-oriented investment methods plus a few common offsetting behavioral pitfalls. Cycles matter Tenet VII: Share Recommendations Professional Members.

A nit with the editor more than anybody.

Preview — Value Investing by James Montier. I should also point out that Montier, though sometimes insightful, at other times just doesn’t make sense. The book can be divided into two themes: Product details File Size: The seductive elegance of classical finance theory is powerful, yet value investing requires that we reject both the precepts of modern portfolio theory MPT and pretty much all of its tools and techniques.


He has been the top rated strategist in the annual extel survey for most of the last decade. James Montier is a member of GMO’s asset allocation team.

Value Investing: Tools and Techniques for Intelligent Investment by James Montier

However, the charts can be obtrusive and hard to follow, as they do not align with the text well and rarely have labeled axes. The Little Book of Behavioral Investing: I learned for more from this book than I did from Corporate Finance. There’s a problem loading this menu right now.

Harry Hart rated it really liked it Aug 20, To get the free app, enter your mobile phone number. It has practical real world examples that don’t requireadvanced mathematics to comprehend.

This is montirr a collection of articles, with no real effort made to put them together in a cohesive way.

The following passage summarizes Montier’s behavioral advice and shows his sense of humor: To fight these tendencies, a read of this book may help.

This invewting just about the worst thing you could do. Never under-estimate the value of doing nothing. A few other topics were covered, but I didn’t find anything useful or insightful.

This book or rather, anthology of articles published by the author for the SG Group was a helpful blend of concrete evidence and advice for value investing as well as a guide of behavioral finance.


Thaler, Kahneman, Shiller, and Tversky.

James Montier | Value Invest

Moses Soussis rated it it was amazing Jul 29, Get fast, free shipping with Amazon Prime. Also, Montier has a middle school girl’s infatuation for the exclamation point! In this book James shares his tried and tested techniques and provides the latest and most cutting edge tools you will need to deploy the value approach successfully.

I wanted to like this more, but the prose vaoue like a textbook in a total snooze fest.

Minor frustrations, though, over what is an otherwise names and noteworthy book. Please try again later. Want to Read saving….

From my point of view the key negative with this book, is that it consists mostly of a collection of the regular research pieces Montier previously wrote when working at Societe General and Dresdner Kleinwort, of which I had read most before.

For example, he spills quite a bit of ink telling the reader not to forecast.

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