Use the form below to calculate the missing value for a particular aspect ratio. This is useful, for example, when resizing photos or video.
Understanding the author is key to appreciating the book's depth. John Pell Coster Train (1928–2022) wasn't just a financial writer; he was a Renaissance man whose life spanned literature, public service, and high finance. A graduate of Harvard University and a founding editor of the prestigious literary journal The Paris Review , Train brought a writer's precision to his financial analysis. Professionally, he was the founder of Train, Smith Investment Counsel in New York, a highly regarded investment advisory firm. He also wrote several hundred columns for major publications like The Wall Street Journal , Forbes , and The New York Times . This rare combination of a literary background and Wall Street experience enabled him to profile financial masters with an elegance and insight rarely found in business literature.
A: Yes. Later editions and foreign translations often swap the article. The original 1980 US title is The Money Masters .
By following these tips and insights from "The Money Masters," individuals can take control of their financial lives and achieve financial freedom.
John Train was an investment advisor, author, and founder of Train, Smith Investment Counsel in New York. Over his career, he wrote hundreds of columns and several books on finance. His unique gift was his ability to look past market noise and analyze the exact behavioral traits and analytical methods of master investors. money masters of our time john trainpdf updated
Even in an era of algorithmic trading and crypto markets, Train’s lessons hold true. Volatility tests temperament; research still beats hype; and a clear investment process protects against panic. An updated edition might add newer masters (e.g., Ray Dalio, Howard Marks) but would likely reaffirm the same core principles.
Money Masters of Our Time is a comprehensive study of investment experts who have consistently outperformed the market over long periods. John Train, a successful money manager and investor himself, does not merely list stocks these masters bought; instead, he analyzes how they reason, where they get their information, and the psychology behind their decision-making.
Price famously mapped out the lifecycle of industries, warning investors to exit before a sector reached mature stagnation. Understanding the author is key to appreciating the
The tools of investing have evolved, but human psychology and market cycles have not. Today's investors face an information overload that the original Money Masters did not have to navigate.
Classic Principle (John Train) —> Modern Adaptation (2026 Market Landscape) ----------------------------------------------------------------------------------- In-depth corporate balance sheets —> Evaluating software-as-a-service (SaaS) metrics Physical scuttlebutt (site visits) —> Analyzing alternative data and online sentiment Focusing on industrial moats —> Assessing network effects and digital ecosystems The Rise of Intangible Assets
John Train's Money Masters of Our Time proves that techniques change, but human psychology does not. Whether analyzing a railroad company in 1950 or a cloud computing provider today, the foundational tenets of disciplined capital allocation, risk aversion, and independent analysis remain unchanged. For anyone searching for an updated reading of Train's work, the ultimate goal is clear: study the foundational thinkers to build a framework capable of navigating an unpredictable future. If you are looking to deepen your framework, let me know: Professionally, he was the founder of Train, Smith
Some popular online resources for accessing a free PDF updated version of "The Money Masters" include:
Your preferred (e.g., long-term value, high-growth, passive indexing)
Paul Cabot revolutionized institutional investing through fundamental research and absolute integrity.
Say you have a photo that is 1600 x 1200 pixels, but your blog only has space for a photo 400 pixels wide. To find the new height of your photo—while preserving the aspect ratio—you would need to do the following calculation:
(original height / original width) x new width = new height
(1200 / 1600) x 400 = 300