{"product_id":"investing-for-growth-second-edition","title":"Investing for Growth (Second Edition)","description":"\u003cp\u003e\u003cb\u003e'Britain's most popular stockpicker' – \u003ci\u003eFinancial Times\u003c\/i\u003e\u003c\/b\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003e'Buffett 2.0' – \u003ci\u003eInvestors' Chronicle\u003c\/i\u003e\u003cbr\u003e\u003cbr\u003e\u003cbr\u003eSecond edition of the celebrated guide to investing from renowned fund manager Terry Smith, with new content covering 2020–2025. Foreword by Lionel Barber, former editor of the FT.\u003cbr\u003e\u003cbr\u003eBuy good companies. Don't overpay. Do nothing.\u003c\/b\u003e\u003cbr\u003e\u003cbr\u003eSome people love to make successful investing seem more complicated than it really is. In \u003ci\u003eInvesting for Growth\u003c\/i\u003e, an anthology of essays and letters written between 2010–25, leading fund manager Terry Smith delights in debunking the many myths of investing – and making the case for simply buying the best companies in the world.\u003cbr\u003e\u003cbr\u003eThese are businesses that generate serious amounts of cash and know what to do with it. The result is a powerful compounding of returns that is almost impossible to beat. Even better, they aren't going anywhere. Most have survived the Great Depression and two world wars.\u003cbr\u003e\u003cbr\u003eWith his trademark razor-sharp wit, Smith not only reveals what these high-quality companies really look like and where to find them (as well as how to discover impostors), but also:\u003c\/p\u003e\u003cul\u003e\n\u003cli\u003eWhy you should avoid companies that abuse the English language\u003c\/li\u003e\n\u003cli\u003eHow share buybacks can destroy value\u003c\/li\u003e\n\u003cli\u003eHow to spot quality businesses and why you should invest in them\u003c\/li\u003e\n\u003cli\u003eWhat investors can learn from the Tour de France\u003c\/li\u003e\n\u003cli\u003eWhy leveraged ETFs are much riskier than most realise\u003c\/li\u003e\n\u003cli\u003eWhy you should avoid investing in bank shares\u003c\/li\u003e\n\u003cli\u003eHis ten golden rules for investment\u003c\/li\u003e\n\u003cli\u003eAnd much, much more.\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003e\u003cbr\u003eBacked up by the analytical rigour that made his name with the cult classic, \u003ci\u003eAccounting for Growth\u003c\/i\u003e, this book is a hugely enjoyable and eye-opening tour through some of the most important topics in the world of investing – as well as a treasure trove of practical insights on how to make your money work for you.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eNo investor's bookshelf is complete without it.\u003c\/b\u003e\u003c\/p\u003e","brand":"Harriman House Publishing","offers":[{"title":"Default Title","offer_id":56191743426904,"sku":"9781804093733","price":25.99,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0278\/1295\/4195\/files\/9781804093733_7c45a8c6-ed94-4952-b46f-92b4d4b46037.jpg?v=1778286631","url":"https:\/\/agendabookshop.com\/products\/investing-for-growth-second-edition","provider":"Agenda Bookshop","version":"1.0","type":"link"}