Eli Greenblat is a financial journalist who has followed the careers of Australia's young, talented moneymakers. This book is a fascinating insight into the investing strategies of a selection of money managers -- all extremely successful, all under 40 - and shares with readers the lifestyle this affords them.

The group of Australian 'market wizards' includes: Roger Montgomery, managing director and founder of Clime Asset Management; Tom Elliott, managing director of MM&E Capital; Peter Constable, chief investment officer of MMC Asset Management; Michael Norster; Lawrence Gozlan; Gabriel Radzyminski; Karl Siegling; Campbell McComb; Peter Wilmshurst; Angus Gluskie and Atul Lele.

Eli Greenblatt is a financial journalist who has followed the careers of Australias young, talented moneymakers. She is based in Melbourne and is a journalist with theAustralian Financial Review.

Acknowledgements vii

Foreword ix

Preface xi

1 Profit from takeovers: the secrets of corporate activity revealed Tom Elliott,MM&E Capital 1

2 Warren and me: an Australian approach to Warren Buffett Roger Montgomery,Clime Asset Management 17

3 Don't believe the hype: ignoring fads to build a better portfolio Angus Gluskie and Atul Lele,White Funds Management 39

4 Seven simple rules for investing in the sharemarket Karl Siegling,Cadence Asset Management 65

5 Making it big in small caps Campbell McComb,Armytage Private 83

6 The contrarian investor: ignoring popular delusions and the madness of crowds Peter Constable,MMC Asset Management 99

7 Everything you need to know about biotech stocks Lawrence Gozlan,Scientia Capital 125

8 Listed investment companies: the hidden gems of the investment world Gabriel Radzyminski,Centric Capital 151

9 How to look beyond the numbers and appreciate the true worth of a business Sam Baillieu and Dean Fergie,Opis Capital 173

10 The adventures of an entrepreneur Michael Norster,private investor 191

11 Think locally, buy globally: investing in Wall Street, Shanghai, London and beyond Peter Wilmshurst,Templeton Global Growth 209

Conclusion 227

Index 231