
Synopsis
Paul Mumford is a noted stock-picker with over 50 years' experience in the markets – first as a stock broker and then as a star fund manager. In The Stock Picker, Mumford takes a deeply personal look back at his time investing: exploring not only the secrets of his successful approach to the markets and how to find great shares but reminiscing about the changes that have taken place in the investing world since the early 1960s.
This book is not an investing how-to: instead it is a financial history straight from the horse's mouth. While there is much for investors to learn from, it is an also evocative window into a vanished City of stock jobbers, messenger boys, luncheon vouchers and ledger-keepers – not to mention financial crises, booms and busts, and the life and death of companies great and small.
Mumford also covers how his own personal life has influenced his stock-picking approach: from running his own bookmaking business as a schoolboy to an ill-fated attempt at oil painting at night school (not to mention the vibrant music scene of the late 1950s).
The Stock Picker is a charming and readable autobiography that pulls no punches – ideal for any investor interested in what has made a leading fund manager tick, or who simply wants to spend some time nostalgically looking back at how the investing and wider world has changed over the years.
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Reviews
A fascinating life of kaleidoscopic colour and a wonderful anthropological study that confirms how those formative years shape the way we are as adults.Colin Morrison, Investment Performance Consultant
As his clients will attest, Paul Mumford is no ordinary investor and, as I know from trying to maintain a semblance of control chairing conferences, he is no ordinary speaker. So it should come as no surprise that, with this entertaining and insightful blend of personal and professional experience, he has produced no ordinary investment book.Julian Marr, editor, Professional Adviser
Paul Mumford is a wise and engaging guide taking you through his five decades in the City: booms, bear markets, rogues, successes and fads are all here. So too is a rich store of ideas for those who are serious about successful long-term investing.Mark Colegate, Asset TV
Paul Mumford's wealth of experience and accumulated knowledge as a stock picker over many years of turmoil is worth its weight in gold!David Buik MBE, Panmure Gordon & Co