The Forever Portfolio: How to Pick Stocks That You Can Hold for the Long Run
How to find companies with high long-term value by understanding key trendsWarren Buffett once said that his favorite holding period for a stock is “forever.” Now James Altucher shows how to find “forever” stocks—ones you can safely buy and hold for at least twenty years. These companies will profit from broad demographic trends and can ride out any short-term market fluctuations.
For instance, Altucher says it’s smart to invest in:
• Obesity: 33 billion dollars are spent each year on services for the obese
• Dirty Water: Developing countries are finding it much harder to deliver clean water to their growing populations, and companies that sell clean water treatment technologies will thrive
• Luxury: The rich are recession-proof, and the stocks of luxury producers make a great hedge against any slowdown in the global economy
The Forever Portfolio shows investors how to build a strong, consistent, long-term portfolio, diversified enough to withstand the various cycles of the market.
Product Details
Editorial Reviews
About the Author
James Altucher is president and founder of Stockpickr LLC, which runs a thriving Web site that has been called the “MySpace for finance.” He is also a managing partner at the asset management firm Formula Capital, a columnist for The Financial Times, a frequent guest on CNBC, and a nationally ranked chess master.
Customer Reviews
Interesting premise, poor execution
The premise of the book is quite interesting---what are fundamental trends with significant tail wind? And, indeed, the author throws out some interesting ideas, like varicose vein treatments in response to obesity problems. That said, the book is horribly written---the author has about 20 pages of interesting content interspersed with 200 pages of random digressions, about his love of computer games and the longest words in the English language.
Looking for honesty in a cesspool financial system 
I have the opinion that James Altucher is honest and intelligent. He has been burnt like many of us. He knows the system is so rigged that an ordinary investor has a minute chance against the PhD mathematics, computers, inside information, derivatives, short selling, options, etc, etc of the greedy elite. James tries to tackfully steer us to solid companies that still derive thier value from solid business principal of growth and dividend yield. I think the book is a great read to try to get your mind clear and refocused if necessary to reality. James is trying to help the average person and he is not trying to fill his own pockets at your expense. Refreshing and ethical.
Not painful but not as good as I had hoped
I like the basic idea of the book that time is one advantage individual investors have. Unfortunately, I found the book superficial. The author is on to something but does not develop his thoughts well enough for the reader to take away a truly useful framework for investing.
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