Reimagining value investing for the tech era

In his book, author and fund manager Adam Seessel makes a strong case for embracing the transformative power of technology stocks in order to stay ahead in the market

Where the money is: Value investing in the digital era

Author: Adam Seessel

Publisher: Simon & Schuster

Pages: 272

Price: Rs 1,534
 

On New Year’s Eve of 2014, Adam Seessel, a journalist-turned-fund manager, was staring gloomily at a printout of his fund’s performance for the year. The S&P 500 was up 13-14 per cent, but Mr Seessel’s fund was down 4-5 per cent. An underperformance of that magnitude has the potential to end an investment manager’s career. It forced Mr Seessel to reflect hard on his investment approach and ultimately led to a profound change of course.

Mr Seessel, the author of this book,