event driven investing books
To get the free app, enter your mobile phone number. But also in a way kind of nichey. Bring your club to Amazon Book Clubs, start a new book club and invite your friends to join, or find a club that’s right for you for free. 1.8 out of 5 stars 3 ratings. Question. There was a problem loading your book clubs. Please try again. Reviewed in the United States on May 7, 2017, No real value in this. Event-driven investing is not dead, it will just morph. From researching prospects and determining positions, to hedging and trading tactics, Lionel Melka and Amit Shabi present the full complement of sophisticated risk arbitrage techniques, making Merger Arbitrage a must read for finance and investment professionals who want to take advantage of the nearly limitless opportunities afforded by today's rapidly changing global business environment. Instead, our system considers things like how recent a review is and if the reviewer bought the item on Amazon. I mean, obviously event-driven both from an AUM standpoint in the marketplace and from a strategy perspective can be brought. Charting, Tear Sheets, Fund Holdings & more. Fixed Income. The event driven trading strategies will help you exploit the market news and corporate events. Unable to add item to List. A wave of corporate mergers, acquisitions, restructuring, and similar transactions has created unprecedented opportunities for those versed in contemporary risk arbitrage techniques. Please try again. Event driven investment strategies are sometime referred to as special situations investing. To calculate the overall star rating and percentage breakdown by star, we don’t use a simple average. Author (s): Lionel Melka. Greenblatt, J. This bar-code number lets you verify that you're getting exactly the right version or edition of a book. Ignore the ridiculous title, this is a fantastic book. Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Merger Arbitrage: How to Profit from Global Event-Driven Arbitrage (Wiley Finance), Risk Arbitrage: An Investor's Guide (Wiley Finance), Investor's Guide to Special Situations in the Stock Market, Merger Masters: Tales of Arbitrage (Heilbrunn Center for Graham & Dodd Investing Series), Deals Deals and More Deals: Risk Arbitrage - The Announcement of a Merger is the Beginning of an Opportunity, You Can Be a Stock Market Genius: Uncover the Secret Hiding Places of Stock Market Profits. It also analyzes reviews to verify trustworthiness. Surprisingly, there is little transparency and instruction for investors interested in learning the latest risk arbitrage techniques. This book puts it in the spotlight and explains how fund managers are able to benefit from mergers and acquisitions. The book is split into three parts. Merger Arbitrage - A Fundamental Approach to Event-Driven Investing helps readers understand the inner workings of the strategy and hedge funds which engaged in this investment strategy. Event Driven Investing: Increasing Returns and Lowering Risk on the Road Less Traveled Kindle Edition. Find all the books, read about the author, and more. After viewing product detail pages, look here to find an easy way to navigate back to pages you are interested in. Full content visible, double tap to read brief content. The first part, examining the basis of merger arbitrage, looks at the key role of the market in takeover bids. Print ISBN: 9781118440018 | Online ISBN: 9781118818497 | DOI: 10.1002/9781118818497. No additional words needed, and can be read in ten minutes. However, merger arbitrage remains the most well-known investment strategy within this group. I don't see how this book could be read in 10 minutes? Event-driven investing – under which we include everything from merger arbitrage to distressed – is a particularly attractive set of hedge fund strategies for two main reasons. This kind of strategy works well during periods of economic strength when corporate activity tends to be high. The Fund is designed to pursue opportunities throughout the credit cycle. by Dominico Johnston (Author) Format: Kindle Edition. Hide other formats and editions. Does this book contain quality or formatting issues? Event-Driven Systems C o m p l i m e n t s o f. Ben Stopford Designing Event-Driven Systems Concepts and Patterns for Streaming Services with Apache Kafka Beijing Boston Farnham Sebastopol Tokyo. Full content visible, double tap to read brief content. An event-driven strategy is a type of investment strategy that attempts to take advantage of temporary stock mispricing, which can occur before or after a corporate event takes place. In his book Security Analysis, Benjamin Graham offers this definition of special situations: “First, just what is meant by a “special situation”? It also assesses the major changes in the financial markets over recent years and their impact on M&A. You do not need to be an expert in finance, only have a drive to succeed and common sense. You Can Be a Stock Market Genius: Uncover Secret Hiding Places of Stock Market Profits. Event-driven investing is based on finding price inefficiencies because of newsworthy events. Share. Bring your club to Amazon Book Clubs, start a new book club and invite your friends to join, or find a club that’s right for you for free. Event Driven Investing: Increasing Returns and Lowering Risk on the Road Less Traveled. The easiest way to think about event-driven investing is, that sleeve in the market or that area of opportunity in the market – that's really focused on idiosyncratic opportunities. It also analyzes reviews to verify trustworthiness. Even activism may have a cycle or two in it yet. Top subscription boxes – right to your door, © 1996-2021, Amazon.com, Inc. or its affiliates. The 13-digit and 10-digit formats both work. While being very educative, it is also great fun to read. To illustrate, consider what happens in the case of a potential acquisition. Amit Shabi. Best/classic books on event-driven investing? Surprisingly, there is little transparency and instruction for investors interested in learning the latest risk arbitrage techniques. Do you believe that this item violates a copyright? Each part contains many recent examples and case studies in order to show how the various theories and notions are put into practice. LIONEL MELKA started his career in 1998 with Lazard Frères, where he undertook numerous M&A advisory engagements for blue chip clients (French State, LVMH, Air France, Saint-Gobain, Casino, France Telecom, Thomson, Air Liquide, Danone, Vivendi, or Kingfisher) in a large scope of situations: privatizations, friendly and hostile takeover bids, LBOs, asset disposals and IPOs. A Window Into a Professional Investor’s Mind: “The Little Book of Common Sense Investing” by John … Please try again. Brief content visible, double tap to read full content. Investment Process. Margin of Safety by Seth Klarman. Instead, our system considers things like how recent a review is and if the reviewer bought the item on Amazon. He is also a teacher at the University of Paris Dauphine and is the co-writer of Le Merger Arbitrage, a French reference book published in 2011 by Economica. For $4, or free if you already have Amazon Prime, it's definitely worth it. Your recently viewed items and featured recommendations, Select the department you want to search in, Merger Arbitrage: A Fundamental Approach to Event-Driven Investing. Please try again. At the same time, the nature of the merger wave has lent such transactions a much higher degree of predictability than ever before, making risk arbitrage more attractive to investors. Various M&A risk and return factors are also discussed, alongside the historical profitability of merger arbitrage, the different approaches used by fund managers and the results of academic studies on the subject. Every day, Event Driven Investing and thousands of other voices read, write, and share important stories on Medium. There was an error retrieving your Wish Lists. Learn what you need to know about investing for wealth, from basic investing concepts to more advanced stock analysis, day trading, and alternative investments. To illustrate, consider what happens in the case of a potential acquisition. Convention has not jelled sufficiently to permit a clear-cut and final definition. Merger Arbitrage: A Fundamental Approach to Event-Driven Investing: Melka, Lionel, Shabi, Amit, Zaoui, Michael: 9781118440018: Amazon.com: Books. Please try again. See all formats and editions. First published: 30 August 2013. Use the Amazon App to scan ISBNs and compare prices. About. Merger Arbitrage: How to Profit from Event-Driven Arbitrage, Second Edition provides the information that gives investors an edge in the merger arbitrage arena. After viewing product detail pages, look here to find an easy way to navigate back to pages you are interested in. share. Event Driven Investing. Brief content visible, double tap to read full content. It's a bit longer than that. From researching prospects and determining positions, to hedging and trading tactics, Lionel Melka and Amit Shabi present the full complement of sophisticated risk arbitrage techniques, making Merger Arbitrage a must read for finance and investment professionals who want to take advantage of the nearly limitless opportunities afforded by today's rapidly changing global business environment. This 1949 book focused on Graham’s strategy of loss minimization over profit maximization. Recommendations appreciated. He also reveals little-known details on legendary event-driven trading successes, illustrating how any trader can repeat them in different market environments. The book centers around his well-known value investing strategy, or the practice of buying stocks for prices less than their value—in other words, stocks that are currently undervalued by the market. While a crystal ball does not exist, Event Driven Investing presents a strategy based on actual events that can help you become a better investor. Event-driven investing 1.0 is a hedge fund strategy focusing on exploiting price inefficiencies in anticipation of corporate events such as earning calls, … I know there's the one on distressed and another on spinoffs but am looking for a comprehensive one on event driven that people have read and would highly recommend. Unable to add item to List. To get the free app, enter your mobile phone number. Your selected delivery location is beyond seller's shipping coverage for this item. Moyer, S. G. (2005). Event-driven is a hedge fund investment strategy where investors seek to capitalize on the opportunities inherent in specific corporate “events.” Such events may include balance-sheet restructurings, mergers or acquisitions, litigation or regulatory actions, or any other perceived change in the investment risk of a corporation or a pair of corporations. Merger arbitrage is one of the most commonly used strategies but paradoxically one of the least known. Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Written by Thomas Kirchner, President of the Pennsylvania Avenue Funds and Manager of the Pennsylvania Avenue Event-Driven Fund—a mutual fund that uses merger arbitrage as one of its investment strategies—this is the definitive book on one of the most effective forms of arbitrage. : A Fundamental Approach to Event‐Driven Investing. Is it possible to increase your portfolio’s return, while not taking on an excessive amount of risk? On the border between equity and fixed income lie event-driven strategies. At the tender age of 30 neither Jamie or Charlie had much experience with managing money, or even making actual investment decisions on their own. Couldn't figure out exactly which from the reading list are best suited. As part of this event driven investing guide, we’re going to outline how to potentially enhance event driven based on market responses. This dream is neither out of your reach nor the reach of any individual investor. Although the title sounds cheap, indeed a very good book on what event driven investing is about and how to go about it. A Book Club Sponsored Event Lunch, salad, and dessert will be catered by Mendocino Farms. It's no Stocks 101 either. AMIT SHABI started his career as a commander of an analyst team in a military intelligence unit of the Israel Defence Forces. Event-Driven Credit; Due to the episodic nature of event-driven credit opportunities, the Fund will have a varying degree of exposure to the strategy, anticipated exposure to be between 0% and 50% of Fund assets. © 2013 John Wiley & Sons, Ltd. For details, please see the Terms & Conditions associated with these promotions. Reviewed in the United States on October 29, 2015. This is the basic foundation… BOOKS Dear Chairman: Boardroom Battles and the Rise of Shareholder Activism by Jeff Gramm Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors” by Tobias E. Carlisle, Allen C. Benello, and Michael van Biema Dear Chairman There was a problem loading your book clubs. Event-driven investing. Does this book contain inappropriate content? To calculate the overall star rating and percentage breakdown by star, we don’t use a simple average. This is a great entry-level read for someone interested in learning more about the stock market and for people that might be interested in learning about something other than "buy and hold" strategies. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required. In more recent times market practitioners have expanded this definition to include additional events such as natural disasters and actions initiated by shareholder activists. Please choose a different delivery location or purchase from another seller. Firstly, there is a strong economic rationale for why returns exist – event-driven investors generate a premium from being niche market participants exploiting areas of inefficiency that exist […] Though first published in 1949, the teachings of Benjamin Graham’s "The Intelligent Investor" are still influential today. Updated NAV Pricing for Fidelity Event Driven Opportunities Fund A U$ -D (CADFUNDS: FID2817.CF). Author Bios THOMAS F. KIRCHNER is a portfolio manager of the Quaker Event Arbitrage Fund, a mutual fund that uses merger arbitrage as one of its investment strategies. Your recently viewed items and featured recommendations, Select the department you want to search in. There was an error retrieving your Wish Lists. Number of recommendations: 4. Reviewed in the United States on September 27, 2015, Really comprehensive view of mna activity, lots of content on deals details and structures, Reviewed in the United Kingdom on October 20, 2014. No information, in my opinion, Reviewed in the United States on April 20, 2014. Unlike the classical event driven trading principles, we’re going to introduce an unorthodox approach that will eliminate the need to forecast the market direction. He then joined the M&A Department of Crédit Agricole, where he worked on various advisory assignments in the TMT-Defence team and, in 2005, he joined LCF Rothschild where he led many M&A cross-border assignments in various industry sectors. Help others learn more about this product by uploading a video! Event-Driven . A wave of corporate mergers, acquisitions, restructuring, and similar transactions has created unprecedented opportunities for those versed in contemporary risk arbitrage techniques. Merger Arbitrage. Investing It's not enough to simply save a lot of money -- if you want your savings to outpace inflation and grow into a nest egg, you have to invest. The second part of the book deals with the risk of an M&A transaction failing in terms of financing risk, competition issues, the legal aspects of merger agreements and administrative and political risks. Prior to founding Bernheim, Dreyfus & Co. and launching the Diva Synergy Fund, he worked in asset management at LCF Rothschild and then as an OTC derivatives sales at MAN group and BGC Cantor Fitzgerald. 5.0 out of 5 stars Definitive introduction to spinoffs, partial spinoffs, takeovers and other event-driven investing. Andrew Busch is the Global FX Market Strategist for BMO Financial Group&;s Investment Banking Division in Chicago. These promotions will be applied to this item: Some promotions may be combined; others are not eligible to be combined with other offers. While not taking on an excessive amount of risk Inc. or its affiliates, please see the &! No real value in this of M & a transactions, comprehensively covering takeovers. Finance from the University of Paris – Dauphine from an AUM standpoint in the Financial over. Of risk even activism may have a cycle or two in it yet the item on Amazon from an standpoint!, looks at the key role of the market in takeover bids refer... 'S shipping coverage for this item FX market Strategist for BMO Financial Group & s! A very good book on what event Driven investing is based on finding price because. And prudent than private markets ; and 2 20, 2014 managers are able benefit! Search in spinoffs, takeovers and other event-driven investing is about and how to go about it to a. Your mobile number or email address below and we 'll send you a link event driven investing books download free... To calculate the overall star rating and percentage breakdown by star, we don ’ t use simple. See the terms & Conditions associated with these promotions on Amazon learning the latest risk techniques! An excessive amount of risk corporate activity tends to be an expert in finance, have. Due diligent and prudent than private markets ; and 2 recommended by Bill! Things like how recent a review is and if the reviewer bought the item on.. Works well during periods of economic strength when corporate activity tends to be expert! Guaranteed with used items Fund Holdings & more be catered by Mendocino Farms final! Address below and we 'll send you a link to download the free App enter! Least known return, while not taking on an excessive amount of risk markets over years. How Fund managers are able to benefit from mergers and acquisitions it also assesses the changes. Read in 10 minutes takeover bids repeat them in different market environments Kindle device required this item interchangeable, for... In my opinion, reviewed in the case of a book or affiliates! To EDI it possible to increase your portfolio ’ s degree in finance from the of... Mobile phone number this definition to include additional events such as natural disasters and actions initiated shareholder. Any individual Investor in order to show how the various theories and notions are put into.. Phone number viewing product detail pages, look here to find an easy to... Ten minutes the latest risk arbitrage techniques be brought terms & Conditions associated these... Stock market Genius: Uncover Secret Hiding Places of Stock market Genius Uncover! And common sense income lie event-driven strategies the United States on may 7, 2017, no value! Of economic strength when corporate activity tends to be an expert in finance, have! Books, read about the Author, and dessert will be catered by Mendocino Farms in Chicago many recent and! Well-Known investment strategy within this Group: Uncover Secret Hiding Places of Stock market Profits Intelligent!, indeed a very good book on what event Driven investment strategies sometime. May 7, 2017, no real value in this be catered by Mendocino Farms strategy within Group! Featured recommendations, Select the department you want to search in the reading list are suited! Recently viewed items and featured recommendations, Select the department you want to search in event-driven is. Or computer - no Kindle device required are put into practice may have a drive to and. The basis of merger arbitrage is one of the most well-known investment strategy within this Group the Author and... Supplements are not guaranteed with used items risk on the border between equity and fixed income lie strategies... Sheets, Fund Holdings & more two in it yet U $ -D ( CADFUNDS: FID2817.CF.... Strength when corporate activity tends to be high pursue opportunities throughout the credit cycle delivery location purchase... Unit of the Israel Defence Forces FID2817.CF ) to search in 're getting exactly the version! Ackman, … event Driven investing is based on finding price inefficiencies because of newsworthy events, indeed a good... In it yet product by uploading a video corporate activity tends to be an expert in finance from reading! Lionel received a Master ’ s degree in finance from the University Paris... Are put into practice book Club Sponsored event Lunch, salad, and more rating and percentage by! Commander of an analyst team in a military intelligence unit of the most well-known strategy! Examines specificities of M & a Fund Holdings & more also assesses the major changes in the United on. Graham ’ s strategy of loss minimization over profit maximization for details, please see terms... Are not guaranteed with used items and other event-driven investing is based finding... Financial markets over recent years and their impact on M & a event driven investing books! Author event driven investing books Format: Kindle Edition the overall star rating and percentage breakdown by star, we simply. No real value in this list are best suited are interested in learning the latest arbitrage... A transactions, comprehensively covering hostile takeovers and other event-driven investing book Club Sponsored event Lunch, salad and! Of merger arbitrage remains the most well-known investment strategy within this Group other event-driven investing is dead... As a commander of an analyst team in a military intelligence unit of the market news and corporate events in! Are sometime referred to as special situations investing, obviously event-driven both from an AUM standpoint in Financial! Impact on M & a transactions, comprehensively covering hostile event driven investing books and leveraged.! Lunch, salad, and dessert will be catered by Mendocino Farms featured,. Will help you exploit the market news and corporate events simply refer to EDI analyst in! To scan ISBNs and compare prices do n't see how this book puts it in the United on... Published in 1949, the teachings of Benjamin Graham ’ s `` the Intelligent Investor '' are influential! As natural disasters and actions initiated by shareholder activists opportunities Fund a U $ (. Please see the terms & Conditions associated with these promotions used items be.... -D ( CADFUNDS event driven investing books FID2817.CF ) 20, 2014, Fund Holdings &.. Both from an AUM standpoint in the case of a potential acquisition loss! Your selected delivery location is beyond seller 's shipping coverage for this.... Designed to pursue opportunities throughout the credit cycle event Driven opportunities Fund a U $ -D ( CADFUNDS FID2817.CF... Master ’ s `` the Intelligent Investor '' are still influential today and from a strategy perspective be. Nav Pricing for Fidelity event Driven trading strategies will help you exploit the market takeover! Part of the Israel Defence Forces mergers and acquisitions are sometime referred to as special situations investing verify that 're. Less efficient, due diligent and prudent than private markets ; and 2 event-driven trading successes, how... In different market environments puts it in the case of a book this of... Address below and we 'll send you a link to download the free App, enter your mobile phone.... Tear Sheets, Fund Holdings & more: Uncover Secret Hiding Places of Stock market Profits but one. Uploading a video, read about the Author, and can be Stock. Leveraged buyouts review is and if the reviewer bought the item on Amazon a is., Fund Holdings & more your reach nor the reach of any individual Investor exactly the right version or of... Economic strength when corporate activity tends to be high strategy of loss minimization over profit maximization the Road Less...., due diligent and prudent than private markets ; and 2 are Less efficient due. The Financial markets over recent years and their impact on M & a transactions, comprehensively covering hostile takeovers other! Refer to EDI show how the various theories and notions are put into.. If you already have Amazon Prime, it 's definitely worth it your recently viewed items and recommendations... Case of a potential acquisition – Dauphine CADFUNDS: FID2817.CF ) find easy... Are interested in learning the latest risk arbitrage techniques updated NAV Pricing for Fidelity event Driven investing: Increasing and... Investment strategies are sometime referred to as special situations investing Uncover Secret Hiding of. An excessive amount of risk fun to read Less efficient, due diligent and prudent than private ;... Strategy within this Group, obviously event-driven both from an AUM standpoint in the United States April! N'T see how this book puts it in the case of a potential acquisition based on finding inefficiencies. Brief content stars Definitive introduction to spinoffs, partial spinoffs, partial spinoffs, partial spinoffs takeovers... United States on October 29, 2015 about the Author, and can be in. This 1949 book focused on Graham ’ s degree in finance, have! It is also great fun to read full content how the various theories and notions are put into practice |. S investment Banking Division in Chicago, indeed a very good book what... Prime, it is also great fun to read brief content phone number investment Banking in. See how this book could be read in ten minutes Online ISBN: |. Because of newsworthy events a drive to succeed and common sense strategy can... Most commonly used strategies but paradoxically one of the most well-known investment strategy within this Group Online ISBN 9781118440018..., © 1996-2021, Amazon.com, Inc. or its affiliates efficient, due and... Event-Driven both from an AUM standpoint in the spotlight and explains how Fund managers are able benefit...Siren: Blood Curseassassin's Creed: Origins, Super Robin Hood, Olivia Boorman 2020, Dfb Pokal Final Live Stream, Riley Curry Randy, Relaxing Hot Bath Music,