The Focused Few

THE FOCUSED FEW by author Richard M. Rockwood, demonstrates that successful investing is about more than finances and the stock market. Focus investing involves not only an understanding of the markets but also history, science, psychology and mathematics. The "value investment" principles of Benjamin Graham, Warren Buffett, Charlie Munger, Seth Klarman, Philip Fisher and others are examined in depth in The Focused Few.

In this insightful and incisive book, which counters many of Wall Street's often mindless maxims, Richard Rockwood presents seven principles of focus investing, including:

  • Develop a Mental Framework
  • Purchase High-Quality Companies at Bargain-Bin Prices
  • Understand the Importance of Bubbles and Credit Cycles
  • Learn to Engage in Special-Situation Investing

Rockwood's seven principles explain how portfolio concentration and a multidisciplinary approach

The Focused Few sets the table with how to 'think' about investing. Examples of what can trip up investors are discussed, along with methods on how to be prepared for the next market curveball. Rich Rockwood provides a reasoned roadmap for investors.
(from the Foreword)

-Ken Skarbeck, President/Managing Director, Aldebaran Capital, LLC
Indianapolis, Indiana
 

MORE ABOUT THE AUTHOR

RICHARD M. ROCKWOOD of Fishers, Indiana, established FocusInvestor.com in January 2000 (the website has been recognized by Forbes.com) and currently serves as an equity research analyst. A seven-year veteran of the U.S. Air Force, Rockwood holds a B.S. in Finance (1999) from the Kelley School of Business at Indiana University, Bloomington. In 2004 he wrote The Focus Investor; this is the second (and greatly expanded) edition of that groundbreaking work.