Overview of The Little Book of Sideways Markets


With the stock market turning into a roller-coaster ride of all-time highs and stomach-churning lows, where does that leave your portfolio? Pretty much back where you started in 2000. Which may be fine for visitors to Six Flags, but for your retirement, savings, and investments, you’d like to actually get somewhere.

In The Little Book of Sideways Markets, respected value investor and author Vitaliy Katsenelson shows you how to survive a stagnant market that’s neither bull nor bear but instead what he calls a cowardly lion—it displays occasional bursts of bravado but is ultimately overcome by fear.

Katsenelson, known for the commonsense principles he has written frequently about in the Financial Times, Bloomberg Businessweek and elsewhere, decodes the theories and cuts to the chase with practical and timely strategies for how you can survive and thrive during a sideways market—a state of affairs, by the way, we should expect for the next decade. He’ll show you:

  • Why your investments will stall in neutral and what to do about it
  • Why, despite its place as the Rodney Dangerfield of investing, you should treat mean reversion with respect
  • Why Tevye was a rich man—and what you can learn from his purchase of Golde, the cow
  • How the dire state of economic affairs in China and Japan will impact your investments, and what to do about it
  • The three crucial concepts of value investing—Quality, Growth, and Valuation
  • How focus on process, boring as it may sound, leads to success
  • Why you should become a born-again value investor
  • How to break bad habits and find, buy and sell stocks in a sideways market

Making progress in a sideways market is difficult, but the lively and entertaining Little Book of Sideways Markets will help you triumph even when the market is stalled.

Table of Contents


Foreword by John Mauldin
Acknowledgments
Introduction
Chapter One – Fasten Your Seat Belt
Chapter Two – A Sideways View of the World
Chapter Three – Don’t Shoot the Messenger
Chapter Four – Tevye Was a Rich Man
Chapter Five  – What We Can Learn from Gamblers
Chapter Six – Brought to You by the Letter “Q” (for Quality)
Chapter Seven – Brought to You by the Letter “G” (for Growth)
Chapter Eight – Brought to You by the Letter “V” (for Valuation)
Chapter Nine – Add It Up
Chapter Ten – Nip/Tuck
Chapter Eleven – The Born-Again Value Investor
Chapter Twelve – Applying Darwinism to the Sales Process
Chapter Thirteen – You Are Not As Dumb—or Smart As You Think
Chapter Fourteen – On a Scavenger Hunt for Stocks
Chapter Fifteen – Farewell, Blissful Ignorance
Chapter Sixteen – Think Different
Chapter Seventeen – I Could Be Wrong, but I Doubt It

Recently Commented

  • Capitalistic: Great article.
  • Mike Derbyshire: With respect to your last line – yes – anyone can make a mistake – however –...
  • jason klein: Good article. Your book rocks.
  • David: Vitaliy, As a firm that currently does not own AAPL for clients, I thought this was an excellent article....
  • goatwig: Great piece except the part about “short run stock movements are random and require no skill to...