Investing Against the Tide

<p>Contents</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Acknowledgements</p> <p>&nbsp;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Letter about Mr Johnson – (Fidelity’s Founder)</p> <p>&nbsp;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Anthony Bolton’s Portfolio Management Assignments</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>Part 1&nbsp; - Principles and practices from a life running money</p> <p>&nbsp;</p> <p>1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Companies – what makes a good one, and how to work with them</p> <p>&nbsp;</p> <p>2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Management – integrity and openness </p> <p>&nbsp;</p> <p>3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shares – looking at them and buying them</p> <p>&nbsp;</p> <p>4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; How to behave as an investor </p> <p>&nbsp;</p> <p>5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; How to hold and develop a portfolio</p> <p>&nbsp;</p> <p>6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Finance, risks and balance sheets </p> <p>&nbsp;</p> <p>7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Valuations, value growth, recovery and other favourite </p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mergers, acquisitions and why it’s good to have your shares bought out</p> <p>&nbsp;</p> <p>9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Trading and how to do it</p> <p>&nbsp;</p> <p>10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Technical information and the importance of charts</p> <p>&nbsp;</p> <p>11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Information and where to find it</p> <p>&nbsp;</p> <p>12.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The importance of brokers</p> <p>&nbsp;</p> <p>13.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; How the markets really work</p> <p>&nbsp;</p> <p>14.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Some Observations on Performance</p> <p>&nbsp;</p> <p>15.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; What makes a Good Fund Manager</p> <p>&nbsp;</p> <p>Part 2 – Experiences and reflections from a life running money</p> <p>&nbsp;</p> <p>16.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Some memorable company meetings</p> <p>&nbsp;</p> <p>17.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Some of my best and worst investments</p> <p>&nbsp;</p> <p>18.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; How the industry has changes</p> <p>&nbsp;</p> <p>19.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Some thoughts on the future of investment management</p> <p>&nbsp;</p> <p>&nbsp;</p>