"A fresh, value-based guide to making money in a stock market now dominated by tech stocks. Technological change is reshaping the economy in a way not witnessed since Henry Ford introduced the assembly line. A little more than ten years ago, only two of the ten most valuable publicly traded companies in the world were digital enterprises--today, they comprise eight of the top ten. Investors around the world are struggling to understand the Digital Age and how they can use the stock market to profit from it. Adam Seessel understands. Several years ago, he watched his old-school portfolio, built using traditional value investing principles, decline while the market, driven by "expensive" tech stocks, advanced. Determined to reverse course, he set off in search of a new value-investment paradigm, one that remained true to the discipline Benjamin Graham gave us a century ago while reflecting the new realities of the Digital Age. In Where the Money Is, Seessel introduces a refreshed value-based framework that any investor, professional or amateur, can use. Seessel explains what's driven the soaring FAANG stocks--Facebook, Amazon, Apple, Netflix, and Google--and shows how to evaluate and analyze any kind of tech company, large or small. Breaking down the stock-selection process to its most critical components, he shares specific techniques for identifying superior, wealth-building investments. Approaching tech this way, the economy's evolution and the rapid rise of tech stocks are not reasons to be frightened or disoriented--they're reasons to be excited. Infused with the same kind of optimism and common sense that inspired Benjamin Graham's The Intelligent Investor and Peter Lynch's One Up on Wall Street, Where the Money Is ushers in a new era of value investing" -- Provided by publisher.
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