Empower Your Investing: Adopting Best Practices From John Templeton, Peter Lynch, and Warren Buffett

by Scott A. Chapman, CFA

Overview

Empower Your Investing—Adopting Best Practices From John Templeton, Peter Lynch, and Warren Buffett integrates lasting insights from master investors built upon case studies of their winning stocks into an investment process that has a proven track record of success and can help you master your own financial future.

Investing is a life skill and, like any life skill, the key is to learn from those who have already done it well. Empower Your Investing offers a success-based mental framework, discipline, and toolkit for your investing success.

This book examines the best practices from masters of the investing world who’ve demonstrated success over many market cycles: Sir John Templeton, Peter Lynch, and Warren Buffett. The case studies of their winning picks blend the prevailing news and popular opinion at the time of their successful investments with their rationale for buying stocks as they explained in subsequent interviews.

“Just as athletes might study Michael Jordan, Mohammed Ali, and Babe Ruth, every investor should know and understand John Templeton, Peter Lynch, and Warren Buffett. Scott Chapman brilliantly showcases the investment world's Greatest of All Time (G.O.A.T.) so every stock market participant, from novice to seasoned professional, can learn the lessons of those who have reached the pinnacle of success. With a comprehensive step-by-step approach, Chapman provides a deep understanding of what it takes to be the best.” —Robert P. Miles, Author, The Warren Buffett CEO; Executive in Residence, University of Nebraska at Omaha

“Scott Chapman’s book is a clear read for any investor who wants to learn how to invest better. Scott is a successful long-term investor and educator who is someone all investors can learn from. He shares some of the best investment advice and actual experiences of three of the best investors in history—Peter Lynch, Warren Buffett, and Sir John Templeton. This book will help every person improve their investment skill from the beginning investor to professionally trained CFA analysts.” —Craig Braemer, CFA; Blossom Wealth Portfolio Manager and Founder of Braemer Asset Management, LLC.

Product Details

ISBN-13:	9781642932386
Publisher:	Post Hill Press
Publication date:	08/20/2019
Pages:	400
Product dimensions:	6.10(w) x 9.10(h) x 1.40(d)

About the Author

Scott A. Chapman, CFA is the CEO and Portfolio Manager of Chapman Investment Management, LLC. He has more than thirty years of experience managing investment portfolios and performing securities analysis with demonstrated outperformance.

Previous to founding Chapman Investment Management, Mr. Chapman was Managing Director and Portfolio Manager from 2002-2012 with Lateef Investment Management, during which time the firm's assets grew from $500 million to over $5.5 billion. Previous positions included Director of Large-Cap Growth Strategy and Research Director at Dreyfus Founders Asset Management, and Director of Growth Strategy at HighMark Capital Management. At HighMark, he designed and managed the investment strategy for the HighMark Growth mutual fund, which was awarded a top five-star performance rating by Morningstar rating agency.

He received his M.B.A. in Finance from Golden Gate University and his B.S. in Accounting from Santa Clara University and taught investment principles to CFA candidates in San Francisco for seven years. Mr. Chapman is married, has two children, two grandchildren and enjoys hiking, cycling, swimming, and the fulfillment of making a positive difference in building clients' capital.

Table of Contents

List of Figures ix

Introduction xi

Sir John M. Templeton 1

Chapter 1 Personal Background 3

Chapter 2 Investment Performance 13

Chapter 3 The Templeton Mental Model 17

Chapter 4 Templeton's Method of Investment Selection 37

Chapter 5 Portfolio Design 51

Chapter 6 Case Studies 59

Chapter 7 Reflections 74

Peter Lynch 77

Chapter 8 Personal Background 79

Chapter 9 Investment Performance 84

Chapter 10 Peter Lynch's Perspective on Investing 87

Chapter 11 Selecting Stocks 98

Chapter 12 Avoiding Mistakes and Selling Stocks 108

Chapter 13 Portfolio Design 122

Chapter 14 Case Studies 126

Chapter 15 Reflections 147

Warren Buffett 151

Chapter 16 Personal Background 153

Chapter 17 Investment Performance 161

Chapter 18 Influences and Perspectives on Investing 171

Chapter 19 Evolution of Buffett's Stock Selection Method 190

Chapter 20 Case Studies 215

Chapter 21 Ethics and Mindset 281

Chapter 22 Work Habits 310

Chapter 23 Reflections 332

Chapter 24 Similarities and Differences 337

Chapter 25 The Pyramid of Growth 350

References 365

Endnotes 367

Acknowledgments 385

Editorial Reviews

"Just as athletes might study Michael Jordan, Mohammed Ali, and Babe Ruth, every investor should know and understand John Templeton, Peter Lynch, and Warren Buffett. Scott Chapman brilliantly showcases the investment world's Greatest of All Time (G.O.A.T) so every stock market participant, from novice to seasoned professional, can learn the lessons of those who have reached the pinnacle of success. With a comprehensive step-by-step approach, Chapman provides a deep understanding of what takes to be the best."

Robert P. Miles

We appreciate you taking the time to talk to us and for sharing all your knowledge and all the hard work and effort... And the book is fantastic. It’s very easy to read and it comes across from a place of humbleness and learning. I enjoyed it.

Dave Ahern

"Are you unsure about how to select stocks and build a winning portfolio? Are you worried about investing in a volatile stock market? If so, Scott Chapman has written a masterpiece, bringing together in one book the lessons of three legendary investing Masters. Whether you are a novice or an investment professional, use these pages to put your investing approach firmly on the right path."

Thomas M. Arrington

"Scott Chapman's book is a clear read for any investor who wants to learn how to invest better. Scott is a successful long-term investor and educator who is someone all investors can learn from. He shares some of the best investment advice and actual experiences of three of the best investors in history—Peter Lynch, Warren Buffett, and Sir John Templeton. This book will help every person improve their investment skill from the beginning investor to professionally trained CFA analysts."

Craig Braemer

"I regularly receive free books to review and unfortunately, can’t study every title that arrives. But Empower Your Investing – Adopting Best Practices From John Templeton, Peter Lynch, and Warren Buffett by Scott Chapman, is unique. It reads like a biography and offers invaluable investment guidance. The book is scrupulously researched and and delves into the inner workings of three of the greatest investing minds and their backgrounds. If you want to be a successful investor, why not learn from the best?... I thoroughly enjoyed this book and heartily recommend it."

Barbara Friedberg

"An outstanding must-read book for all stock investors. Scott Chapman has artfully analyzed and summarized the success of the three great icons of stock investing. He has also given us the logic and approaches used by Sir John Templeton, Peter Lynch, and Warren Buffett, which have outperformed the market consistently over the long term. What a jewel of a book to read—with results to back up each investment philosophy.

Scott has unveiled methods of determining investment values that have resulted in his own track record of consistently outperforming the market and other fund managers. Enjoy reading this timeless book that will also enhance your understanding and appreciation of the successful methods used by the icons of stock investing."

Geoffrey Heathcock