{"product_id":"investing-for-growth-second-edition-by-terry-smith-9781804093733","title":"Investing for Growth (Second Edition)","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003e\u003cem\u003eInvesting for Growth (Second Edition)\u003c\/em\u003e by Terry Smith offers a succinct and strategic approach to successful investing: Buy good companies. Don't overpay. Do nothing.\u003c\/p\u003e\n\n\u003cp\u003eToo often, people make investing seem needlessly complex. In this anthology of essays and letters penned between 2010-2020, renowned fund manager Terry Smith takes pleasure in dismantling the various myths of investing, advocating for the straightforward strategy of acquiring the world's best companies.\u003c\/p\u003e\n\n\u003cp\u003eThese are businesses that generate significant cash flow and utilise it effectively. The outcome is a powerful compounding of returns that is nearly unbeatable. Moreover, these companies are time-tested, having endured the Great Depression and two world wars.\u003c\/p\u003e\n\n\u003cp\u003eWith his distinctive razor-sharp wit, Smith not only identifies what these high-quality companies look like and where to locate them (and how to detect impostors), but also discusses:\u003c\/p\u003e\n\n\u003cul\u003e\n  \u003cli\u003eWhy you should avoid companies that abuse the English language\u003c\/li\u003e\n  \u003cli\u003eHow most share buybacks actually destroy value\u003c\/li\u003e\n  \u003cli\u003eWhat investors can learn from the Tour de France\u003c\/li\u003e\n  \u003cli\u003eWhy ETFs are much riskier than most realise\u003c\/li\u003e\n  \u003cli\u003eHow ESG investors often end up with investments that are far from green or ethical\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\n\n\u003cp\u003eSupported by the analytical rigour that established his reputation with the cult classic, \u003cem\u003eAccounting for Growth\u003c\/em\u003e (1992), \u003cem\u003eInvesting for Growth\u003c\/em\u003e provides an engaging and enlightening journey through critical investing topics, enriched with practical insights to make your money work for you.\u003c\/p\u003e\n\n\u003cp\u003eNo investor's bookshelf is complete without it.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Macmillan Publishers New Zealand Ltd","offers":[{"title":"Default Title","offer_id":47071841747180,"sku":"9781804093733","price":49.0,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/8951633482830.jpg?v=1765055535","url":"https:\/\/bookhero.live\/products\/investing-for-growth-second-edition-by-terry-smith-9781804093733","provider":"Book Hero","version":"1.0","type":"link"}