Acknowledgements
caution
A testimonial from Peter Lynch - being compared to Anthony Bolton is the ultimate compliment.
Introduction - Invest Against the Current

Part 1: Principles and Practice of Legendary Investors

Chapter 1 - How to Distinguish Good Companies from Bad Companies
Chapter 2 - Good CEO vs.
bad CEO
Chapter 3 - Invest Only When You Have a Clear Reason
Chapter 4 - The Traits of a Successful Investor
Chapter 5 - How to Build a Stock Portfolio
Chapter 6 - Financial Assessment
Chapter 7 - How to Reduce Investment Risk
Chapter 8 - How to View Valuation
Chapter 9 - Selecting a Potential Acquisition Target
Chapter 10 - My Favorite Stock Style
Chapter 11 - How to Buy and Sell Wisely
Chapter 12 - Are Technical Analysis and Charts Necessary?
Chapter 13 - Develop an Eye for Useful Information
Chapter 14 - Actively Leverage Other People's Ideas
Chapter 15 - How to Timing Your Trades
Chapter 16 - How to Overcome Investment Failures
Chapter 17 - Twelve Qualities of a Great Investor

Part 2: Secret Notes from a Legendary Investor

Chapter 18 - Stocks that made money, stocks that made money
Chapter 19 - The Best and Worst Stocks of My Life
Chapter 20 - The Investment World: Yesterday and Today
Chapter 21 - Five Issues in the Investment World

Part 3 - The Truth and Lessons of Investing Revealed by a Legendary Investor

Details of funds managed by Anthony Bolton
A letter to Fidelity founder Johnson
References

Highly recommended and praised by domestic and international investment experts.
Anthony Bolton's clear investment advice: Achieve a cumulative return of 14,000% over 28 years!
"Invest against the trend"...
The Great Investor's Contrarian Investment Strategy

This book is a kind of investment memoir containing the investment life and secrets of successful investment of Anthony Bolton (former head of Fidelity Investments), a representative British fund manager who was selected by the influential British newspaper The Times as one of the 10 greatest investors in history, along with Warren Buffett and Benjamin Graham.
Anthony Bolton managed Fidelity's flagship fund, the Global Special Situations Fund, for 28 years before retiring from investment management in late 2007, achieving a cumulative return of a staggering 14,000%.
This corresponds to an annual average of 19.5%, and what is most surprising is that it has never once underperformed the market return in 28 years.
This is considered an exceptional case that breaks the financial world's established rule that "no investor can outperform the market average return over the long term in a rational and efficient market."


This is a truly remarkable record, considering that Peter Lynch, another prominent fund manager at Fidelity, unfortunately underperformed the market in two years during his 13-year career as a fund manager.
Peter Lynch, who wrote the foreword for this article, reflected this when he praised Anthony Bolton, saying, “To be compared to Anthony Bolton is the highest compliment.”
If an investor had put 10 million won into Anthony Bolton's fund when he started managing it, he would have had 1.4 billion won in his hands 28 years later.

What is the secret to the extraordinary returns of great investors?

So how did Anthony Bolton achieve such impressive investment performance? His investment philosophy can be summarized as a contrarian investment strategy: "Buy when the stock market is bleeding, sell when it's full of laughter."
The original title of this book is 'investing against the tide'.
His contrarian investing has already proven itself with a 14,000% return over 28 years, but his exceptional investment acumen shined even brighter during the worst market conditions.
He had the remarkable acumen to step back from investing in late 2006 and early 2007, when the shadow of the global financial crisis was slowly looming over investors, yet their cheers were overwhelming, warning that "the bull market was coming to an end."


And that's not all.
In early 2009, he delivered a message of hope to investors, declaring, "The global stock market bottomed in March and a new bull market has begun," displaying remarkable market forecasting prowess. (See Chosun Ilbo interview, May 9, 2009.) This animalistic investment instinct, however, actually stems from the principle of "contrarian investing."
It is about staying true to the principle of thinking differently from the crowd and investing separately from the crowd.
Of course, at its foundation is so-called value investing, which focuses thoroughly on the value of a company and invests when it is undervalued.

In this book, he rejects the investment method of simply timing trades based on trends, and instead shares his investment experience based on thorough fundamental analysis.
However, that does not mean that he completely ruled out technical analysis.
“Fundamental analysis becomes more meaningful when combined with technical analysis,” he explains.
Another strength of this book is that it offers a unique perspective on and application of technical analysis from a great value investor.


In this book, he shares his firsthand experience and practical know-how from his 30 years of investing, including how to select good companies, the qualities of a successful investor, how to buy and sell wisely, how to construct an optimal portfolio, how to determine the best trading timing, and how to overcome a slump when investments are not going well.
As he stated in the preface, "Standing on the shoulders of giants is truly a great investment," this is a valuable investment textbook that readers who have been thirsting for the know-how of great investors should not miss.