Synopses & Reviews
How to find companies with high long-term value by understanding key trends
Warren Buffett once said that his favorite holding period for a stock is forever.” Now James Altucher shows how to find forever” stocksones you can safely buy and hold for at least twenty years. These companies will profit from broad demographic trends and can ride out any short-term market fluctuations.
For instance, Altucher says its smart to invest in:
Obesity: 33 billion dollars are spent each year on services for the obese
Dirty Water: Developing countries are finding it much harder to deliver clean water to their growing populations, and companies that sell clean water treatment technologies will thrive
Luxury: The rich are recession-proof, and the stocks of luxury producers make a great hedge against any slowdown in the global economy
The Forever Portfolio shows investors how to build a strong, consistent, long-term portfolio, diversified enough to withstand the various cycles of the market.
Altucher shows how to find forever stocks--ones investors can safely buy and hold for at least 20 years--in order to build a strong, long-term portfolio, and one that is diversified enough to withstand the various cycles of the market.
About the Author
James Altucher is president and founder of Stockpickr LLC, which runs a thriving Web site that has been called the MySpace for finance.” He is also a managing partner at the asset management firm Formula Capital, a columnist forThe Financial Times, a frequent guest on CNBC, and a nationally ranked chess master.