The epic quest of the investment industry is to find investments that will generate superior returns with minimal risk. An individual investor, although they might not appreciate it, have a tremendous advantage over the institutional investors. You are not bound by some of the time constraints for holding shares and there is no mandate on when to sell when it reaches a certain proportion of your portfolio. This book shows how you can use those advantages using the quality shareholders framework.

The author has shown with ample research that for companies their high-quality shareholders often have longer horizons than an average investor and they are typically high conviction investors. This has an added benefit that during the times of duress in the financial markets, high quality shareholders will often hold the stock, and might even add to their positions thereby reducing shocks and the subsequent capital flight. This is a marvelous self-reinforcing mechanism that benefits companies with quality shareholders.

I would recommend this book because shareholders are an often overlooked factor with the rise of passive index funds.

A very good introductory/educational material for all interested in investing and understanding market behavior as well as personal behavior in the realm of investing and decision making of shareholder's behavior. also a great look on internal/external stimuli and understanding that markets do not act in isolation and rational world.