The founder of a very successful mutual fund shares his insightful ways of spotting the economic, social, and technological trends that move markets and explains how to find investments that will move with them
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Wanger has managed the highly successful Acorn mutual fund for over 25 years, investing in undervalued but financially sound smaller companies with superior growth potential. Because there are so many stocks to evaluate, Wanger first looks for growth themes and then identifies specific companies. He doesn't believe in market timing and considers mutual funds to be the best option for most investors. Like Peter Lynch and John Rothchild's One Up on Wall Street (S. & S., 1989), this book does a good job of explaining the basics of investing in a nontechnical and often amusing manner, though it is largely limited to Wanger's own investing experience. Recommended for general and informed readers interested in investing.?Lawrence Maxted, Gannon Univ., Harborcreek, Pa.
Copyright 1997 Reed Business Information, Inc.
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