The Little Book of Valuation

In addition, The Little Book of Valuation: Includes illustrative case studies and examples that will help develop your valuation skills Puts you in a better position to determine which investments are on track to add real value to your ...

Author: Aswath Damodaran

Publisher: John Wiley & Sons

ISBN: 9781118064146

Category: Business & Economics

Page: 256

View: 543

An accessible, and intuitive, guide to stock valuation Valuation is at the heart of any investment decision, whether that decision is to buy, sell, or hold. In The Little Book of Valuation, expert Aswath Damodaran explains the techniques in language that any investors can understand, so you can make better investment decisions when reviewing stock research reports and engaging in independent efforts to value and pick stocks. Page by page, Damodaran distills the fundamentals of valuation, without glossing over or ignoring key concepts, and develops models that you can easily understand and use. Along the way, he covers various valuation approaches from intrinsic or discounted cash flow valuation and multiples or relative valuation to some elements of real option valuation. Includes case studies and examples that will help build your valuation skills Written by Aswath Damodaran, one of today's most respected valuation experts Includes an accompanying iPhone application (iVal) that makes the lessons of the book immediately useable Written with the individual investor in mind, this reliable guide will not only help you value a company quickly, but will also help you make sense of valuations done by others or found in comprehensive equity research reports.

The Little Book of Value Investing

Radio and television stations and newspapers were examples of businesses that
could generate enormous earnings with little in the way of physical assets and
thus had fairly low tangible book value. The ability to learn new ways to look at ...

Author: Christopher H. Browne

Publisher: John Wiley & Sons

ISBN: 0470105496

Category: Business & Economics

Page: 208

View: 739

There are many ways to make money in today’s market, but the one strategy that has truly proven itself over the years is value investing. Now, with The Little Book of Value Investing, Christopher Browne shows you how to use this wealth-building strategy to successfully buy bargain stocks around the world.

The Little Book of Alternative Investments

In the Little Book Big Profits series, the brightest icons in the financial world write
on topics that range from ... series include: The Little Book That Still Beats the
Market by Joel Greenblatt The Little Book of Value Investing by Christopher
Browne ...

Author: Ben Stein

Publisher: John Wiley & Sons

ISBN: 9781118075265

Category: Business & Economics

Page: 288

View: 188

Praise For THE LITTLE BOOK OF ALTERNATIVE INVESTMENTS "Ben and Phil have done it again. Another lucid, insightful book, designed to enhance your wealth! In today's stock-addled cult of equities, there is a gaping hole in most investors' portfolios...the whole panoply of alternative investments that can simultaneously help us cut our risk, better hedge our inflation risk, and boost our return. This Little Book is filled with big ideas on how to make these markets and strategies a treasured part of our investing toolkit." —Robert Arnott, Chairman, Research Affiliates "I have been reading Ben Stein for thirty-five years and Phil DeMuth since he joined up with Ben ten years ago. They do solid work, and this latest is no exception." —Jim Rogers, author of A Gift to My Children "If anyone can make hedge funds sexy, Stein and DeMuth can, and they've done it with style in this engaging, instructive, and tasteful how-to guide for investing in alternatives. But you should read this Kama Sutra of investment manuals not just for the thrills, but also to learn how to avoid the hazards of promiscuous and unprotected investing." —Andrew Lo, Professor and Director, MIT Laboratory for Financial Engineering

The Little Book of Bull s Eye Investing

Finding Value, Generating Absolute Returns, and Controlling Risk in Turbulent
Markets John Mauldin. Little Book Big Profits Series In the Little Book Big Profits
series, the brightest icons in the financial world write on topics that range from ...

Author: John Mauldin

Publisher: John Wiley & Sons

ISBN: 1118159136

Category: Business & Economics

Page: 187

View: 413

Looking back at the past decade, the author shares his key observations on such topics as "The Muddle Through Economy" and "Taking Stock (or Bonds or Hedge Funds)" and discusses how to adjust investments to the new economic reality.

The Little Book of Investing Like the Pros

This volume provides a framework that will help you stay on track." —David Abrams, Founder, Abrams Capital Management "The two Joshes have produced a succinct investment guide.

Author: Joshua Pearl

Publisher: John Wiley & Sons

ISBN: 1118281403

Category: Business & Economics

Page: 320

View: 768

As you have probably noticed, there are quite a few investing books out there. Many of them were written by some of the world's greatest investors. So, why should you read our book? Stock investing is more prevalent than ever, whether directly or indirectly through brokerage accounts, exchange-traded funds, mutual funds, or retirement plans. Despite this, the vast majority of individual investors have no training on how to pick stocks. And, until now, there hasn't been a truly accessible, easy-to-understand resource available to help them. The Little Book of Investing Like the Pros was written to fill this void. We believe the simplicity and accessibility of our stock picking framework is truly unique. Using real-world examples and actual Wall Street models used by the pros, we teach you how to pick stocks in a highly accessible, step-by-step manner. Our goal is straightforward—to impart the skills necessary for finding high-quality stocks while protecting your portfolio with risk management best practices. Our practical approach is designed to help demystify the investing process, which can be intimidating. This training will help set you apart from others who are largely flying blind. Pilots require extensive training before receiving a license. Doctors must graduate medical school, followed by a multi-year residency. Even those providing professional investment advice require certification. But, anyone can buy a stock without any training whatsoever. While buying stocks on a hunch and a prayer may not endanger your life, it can certainly put your finances at risk.

The Little Book of Sideways Markets

What differentiates this book from so many others on value investing is that it describes, sometimes through the use of case studies, the thinking of a value investor. Not just his models or his metrics but his assessments.

Author: Vitaliy N. Katsenelson

Publisher: John Wiley & Sons

ISBN: 111801037X

Category: Business & Economics

Page: 256

View: 448

"It's hard to talk clearly about investing and make sense to ordinary readers at the same time. Katsenelson gives a lucid explanation of today's markets with sound advice about how to make money while avoiding the traps that the market sets for exuberant bulls and frightened bears alike." — Thomas G. Donlan, Barron's "A thoroughly enjoyable read. Provides a clear framework for equity investing in today's ‘sideways' and volatile markets useful to everyone. Clear thinking and clear writing are not often paired - well done!" — Dick Weil, CEO, Janus Capital Group "The bible for how to invest in the most tumultuous financial market environment since the Great Depression. A true guidebook for how to build wealth prudently." — David Rosenberg, Chief Economist & Strategist, Gluskin Sheff + Associates Inc. "A wonderful, grounded read for new and seasoned investors alike, Katsenelson explains in plain English why volatility and sideways markets are a stock picker's best friend." — The Motley Fool, www.Fool.com Praise for Active Value Investing "This book reads like a conversation with Vitaliy: deep, insightful, inquisitive, and civilized." — Nassim Nicholas Taleb, author of The Black Swan "Thoroughly enjoyable . . for the thoughtful and often entertaining way in which it is delivered. . . Katsenelson takes his reader step by step into the mind of the value investor by relating, in a fictional addendum to Fiddler on the Roof, the story of Tevye's purchase of Golde, the cow. He also describes his own big-time gambling evening (he was willing to lose a maximum of $40) and that of a half-drunken, rowdy fellow blackjack player to stress the importance of process. He then moves on to the fundamental principles of active value investing. What differentiates this book from so many others on value investing is that it describes, sometimes through the use of case studies, the thinking of a value investor. Not just his models or his metrics but his assessments. Katsenelson is an empiricist who weighs facts, looks for contraindications, and makes decisions. He makes value investing come alive. This may be a little book, but it's packed with insights for both novices and experienced investors. And it is a delight to read." —Seeking Alpha

The Little Book of Common Sense Investing

The Little Book of Common Sense Investing is a solid guidebook to your financial future. PRAISE FOR THE LITTLE BOOK OF COMMON SENSE INVESTING "Jack Bogle's remarkable career spans the spectrum from lonely iconoclast to celebrated rock star.

Author: John C. Bogle

Publisher: John Wiley & Sons

ISBN: 1119404509

Category: Business & Economics

Page: 304

View: 108

The best-selling investing "bible" offers new information, new insights, and new perspectives The Little Book of Common Sense Investing is the classic guide to getting smart about the market. Legendary mutual fund pioneer John C. Bogle reveals his key to getting more out of investing: low-cost index funds. Bogle describes the simplest and most effective investment strategy for building wealth over the long term: buy and hold, at very low cost, a mutual fund that tracks a broad stock market Index such as the S&P 500. While the stock market has tumbled and then soared since the first edition of Little Book of Common Sense was published in April 2007, Bogle’s investment principles have endured and served investors well. This tenth anniversary edition includes updated data and new information but maintains the same long-term perspective as in its predecessor. Bogle has also added two new chapters designed to provide further guidance to investors: one on asset allocation, the other on retirement investing. A portfolio focused on index funds is the only investment that effectively guarantees your fair share of stock market returns. This strategy is favored by Warren Buffett, who said this about Bogle: “If a statue is ever erected to honor the person who has done the most for American investors, the hands-down choice should be Jack Bogle. For decades, Jack has urged investors to invest in ultra-low-cost index funds. . . . Today, however, he has the satisfaction of knowing that he helped millions of investors realize far better returns on their savings than they otherwise would have earned. He is a hero to them and to me.” Bogle shows you how to make index investing work for you and help you achieve your financial goals, and finds support from some of the world's best financial minds: not only Warren Buffett, but Benjamin Graham, Paul Samuelson, Burton Malkiel, Yale’s David Swensen, Cliff Asness of AQR, and many others. This new edition of The Little Book of Common Sense Investing offers you the same solid strategy as its predecessor for building your financial future. Build a broadly diversified, low-cost portfolio without the risks of individual stocks, manager selection, or sector rotation. Forget the fads and marketing hype, and focus on what works in the real world. Understand that stock returns are generated by three sources (dividend yield, earnings growth, and change in market valuation) in order to establish rational expectations for stock returns over the coming decade. Recognize that in the long run, business reality trumps market expectations. Learn how to harness the magic of compounding returns while avoiding the tyranny of compounding costs. While index investing allows you to sit back and let the market do the work for you, too many investors trade frantically, turning a winner’s game into a loser’s game. The Little Book of Common Sense Investing is a solid guidebook to your financial future.

The Little Book That Builds Wealth Large Print 16pt

A practical handbook explains how to build an economic moat--or competitive advantage--that can be applied to any investment situation to find companies that possess good growth fundamentals as well as an attractive stock price.

Author: Pat Dorsey

Publisher: ReadHowYouWant.com

ISBN: 1459607155

Category: Business & Economics

Page: 208

View: 268

In The Little Book That Builds Wealth, author Pat Dorsey - the Director of Equity Research for leading independent investment research provider Morningstar, Inc. - reveals why competitive advantages, or economic moats, are such strong indicators of great long-term investments and examines four of their most common sources: intangible assets, cost advantages, customer-switching costs, and network economics. Along the way, he skillfully outlines this proven approach and reveals how you can effectively apply it to your own investment endeavors.

The Little Book of Behavioral Investing

In The Little Book of Behavioral Investing, expert James Montier takes you through some of the most important behavioral challenges faced by investors.

Author: James Montier

Publisher: John Wiley & Sons

ISBN: 9780470712030

Category: Business & Economics

Page: 236

View: 560

A detailed guide to overcoming the most frequently encountered psychological pitfalls of investing Bias, emotion, and overconfidence are just three of the many behavioral traits that can lead investors to lose money or achieve lower returns. Behavioral finance, which recognizes that there is a psychological element to all investor decision-making, can help you overcome this obstacle. In The Little Book of Behavioral Investing, expert James Montier takes you through some of the most important behavioral challenges faced by investors. Montier reveals the most common psychological barriers, clearly showing how emotion, overconfidence, and a multitude of other behavioral traits, can affect investment decision-making. Offers time-tested ways to identify and avoid the pitfalls of investor bias Author James Montier is one of the world's foremost behavioral analysts Discusses how to learn from our investment mistakes instead of repeating them Explores the behavioral principles that will allow you to maintain a successful investment portfolio Written in a straightforward and accessible style, The Little Book of Behavioral Investing will enable you to identify and eliminate behavioral traits that can hinder your investment endeavors and show you how to go about achieving superior returns in the process. Praise for The Little Book Of Behavioral Investing "The Little Book of Behavioral Investing is an important book for anyone who is interested in understanding the ways that human nature and financial markets interact." —Dan Ariely, James B. Duke Professor of Behavioral Economics, Duke University, and author of Predictably Irrational "In investing, success means¿being on the right side of most trades. No book provides a better starting point toward that goal than this one." —Bruce Greenwald, Robert Heilbrunn Professor of Finance and Asset Management, Columbia Business School "'Know thyself.' Overcoming human instinct is key to becoming a better investor.¿ You would be irrational if you did not read this book." —Edward Bonham-Carter, Chief Executive and Chief Investment Officer, Jupiter Asset Management "There is not an investor anywhere who wouldn't profit from reading this book." —Jeff Hochman, Director of Technical Strategy, Fidelity Investment Services Limited "James Montier gives us a very accessible version of why we as investors are so predictably irrational, and a guide to help us channel our 'Inner Spock' to make better investment decisions. Bravo!" —John Mauldin, President, Millennium Wave Investments

Investment Phil Investment Val Lb

A three-book set featuring stock and investment guides with tips and tools This book set is for anyone who wants a greater understanding of investment strategies and stock valuation.

Author: Aswath Damodaran

Publisher:

ISBN: 9781118452295

Category:

Page:

View: 471


The Warren Buffett Philosophy of Investment How a Combination of Value Investing and Smart Acquisitions Drives Extraordinary Success

... safety is sometimes viewed as a purchase at a discount to fair value (for
example, see Margin of Safety: Risk-Averse Value Investing Strategies for the
Thoughtful Investor [Klarman, 1991] or The Little Book of Value Investing [Browne
, 2006]).

Author: Elena Chirkova

Publisher: McGraw Hill Professional

ISBN: 0071819339

Category: Business & Economics

Page: 336

View: 339

Revealed! The secret behind Warren Buffett’s 20% return rate over 60 YEARS The Warren Buffett Philosophy of Investment reveals—for the first time—how the world’s #1 investor combines his trademark value investing with a unique approach to mergers and acquisitions. The huge interest in Warren Buffett stems from the challenge to understand his history of earning more than 20% on capital annually during the last 60 years. Modern financial theory does not allow for this degree of success, nor has anyone else been able to replicate it. The book argues that Buffett's secret can be explained only if one looks beyond the theory of investing. The author sees the major drivers of his success as the transformation of Mr. Buffett's name into a super-brand of mergers and acquisitions, as well as his hands-off policy with respect to the acquired companies. As a result, Buffett enjoys numerous opportunities to buy first-class companies at moderate prices and keeps the existing good managers responsible for further value creation. Elena Chirkova is a professor of finance in the Higher School for Economics in Moscow and was previously Head of Corporate finance for Deloitte’s office in Russia.

The Little Book of Real Estate Wisdom

It will take some time — perhaps five years or longer — for the market to advance
, pushing the value of that place above what was paid for it . With a resale home ,
things can be entirely different in a normal market . You will usually get a better ...

Author: Garth Turner

Publisher:

ISBN: 9781552635186

Category: Real estate investment

Page: 128

View: 401

Canadians have always had a love affair with real estate, but in the aftermath of September the 11th, the affair has turned into an obsession. Multiple offers, competing bids, rising demand and soaring prices are all evidence that the market has entered a new phase that few, if any predicted. In his important new book, best-selling author and financial guru Garth Turner provides buyers and sellers with important insights into this vibrant market, that's being fuelled by cheap money, rising investor confidence and a surprising economic recovery. How long will the boom last, and could it turn into a bubble, with disastrous consequences? What strategies should buyers use to protect themselves from overpaying in a hot market? How should you borrow to take advantage of today's interest rates and yet not be exposed to future changes? The Little Book of Real Estate Wisdom gives readers the classic rules of successful real estate buying and investing, as well as the additional tools and strategies that Canadians need to know in the current, volatile environment. Written in his trademark direct, plain-speaking style, this is a book that entertains, motivates and inspires while it educates. As always with Turner, reading at its most profitable.

Narrative and Numbers

Aswath Damodaran, finance professor and experienced investor, argues that the power of story drives corporate value, adding substance to numbers and persuading even cautious investors to take risks.

Author: Aswath Damodaran

Publisher: Columbia University Press

ISBN: 0231542747

Category: Business & Economics

Page: 288

View: 168

How can a company that has never turned a profit have a multibillion dollar valuation? Why do some start-ups attract large investments while others do not? Aswath Damodaran, finance professor and experienced investor, argues that the power of story drives corporate value, adding substance to numbers and persuading even cautious investors to take risks. In business, there are the storytellers who spin compelling narratives and the number-crunchers who construct meaningful models and accounts. Both are essential to success, but only by combining the two, Damodaran argues, can a business deliver and sustain value. Through a range of case studies, Narrative and Numbers describes how storytellers can better incorporate and narrate numbers and how number-crunchers can calculate more imaginative models that withstand scrutiny. Damodaran considers Uber's debut and how narrative is key to understanding different valuations. He investigates why Twitter and Facebook were valued in the billions of dollars at their public offerings, and why one (Twitter) has stagnated while the other (Facebook) has grown. Damodaran also looks at more established business models such as Apple and Amazon to demonstrate how a company's history can both enrich and constrain its narrative. And through Vale, a global Brazil-based mining company, he shows the influence of external narrative, and how country, commodity, and currency can shape a company's story. Narrative and Numbers reveals the benefits, challenges, and pitfalls of weaving narratives around numbers and how one can best test a story's plausibility.

The Solicitors Journal and Weekly Reporter

The Solicitor's Journal.—“We advise every lawyer who is not well acquainted with
the principles of valuation to consult this little book before dealing with the
evidence of expert valuers. LIGHT HND Pll R. A Text-book in Tabulated Form ...

Author:

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Category: Law

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View: 164


Big Little Books

Author: Larry Jacobs

Publisher:

ISBN:

Category: Antiques & Collectibles

Page: 175

View: 162

Larry Jacobs has one of the largest collections of Big Little Books in the world. His easy-to-use book has over 800 items listed and photographed in full color. Also included is a detailed history, where to purchase, value, storage, and care tips.

The Railroad Telegrapher

... According to a recent report , a government appraiser visited a farm in order to
list all the property and put a valuation upon it . He had a little book of instructions
, telling him how to estimate on all the different classes of animals and articles .

Author:

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ISBN:

Category: Communication and traffic

Page:

View: 357


The Little Data Book on External Debt 2011

Gross national income (GNI) is the sum of value added by all resident producers
plus any product taxes (less subsidies) not included in the valuation of output,
plus net receipts of primary income (compensation of employees and property ...

Author: World Bank

Publisher: World Bank Publications

ISBN: 9780821388587

Category: Business & Economics

Page: 152

View: 277

'The Little Data Book on External Debt' provides a quick reference for users interested in external debt stocks and flows, major economic aggregates, key debt ratios, and the currency composition of long-term debt for all countries reporting through the Debtor Reporting system. A pocket edition of 'Global Development Finance 2011, Summary and Country Tables', it contains statistical tables for 135 countries as well as summary tables for regional and income groups.

Strategic Value Investing Practical Techniques of Leading Value Investors

Warren Buffett uses it to make millions for his investors. It’s called value investing, and you can make it work wonders for your portfolio. All you need is money to invest, a little patience—and this book.

Author: Stephen Horan

Publisher: McGraw Hill Professional

ISBN: 0071781676

Category: Business & Economics

Page: 320

View: 642

Benjamin Graham referred to it as his “margin of safety.” Seth Klarman favors it over all other investment methods. Warren Buffett uses it to make millions for his investors. It’s called value investing, and you can make it work wonders for your portfolio. All you need is money to invest, a little patience—and this book. Strategic Value Investing reveals everything you need to know to build a world-class portfolio using value investing as your north star. Written by experts on valuation and financial analysis, this comprehensive guide breaks it all down into an easy-to-implement process. The authors explain the ins and outs of determining when a stock is undervalued, then purchasing it and selling it for a profit when the rest of the world learns what you knew all along. With Strategic Value Investing, you’ll learn how to: Distinguish between the various measures of value, including going concern, replacement value, fair market value, book value, and intrinsic value Identify undervalued companies before everyone else, and know what to look for, what to avoid, when to buy, and when to sell The authors teach you how to establish a dispassionate value investing philosophy tailored to your needs. Equally important, they provide the tools you need to adhere to this often contrarian approach regardless of your emotions or crowd sentiment. Get in before the crowd—and get out when the price is right with Strategic Value Investing. Praise for Strategic Value Investing “A book that has much the same character as a good value investor: calm, disciplined, with a grasp both of broad theory and of how to apply it.” —JOHN AUTHERS, senior investment columnist, Financial Times “This comprehensive look at valuation techniques is not only insightful, but can be easily put to use by individual and professional investors alike.” —CHARLES ROTBLUT, CFA, Vice President, the American Association of Individual Investors “Offers a sound fundamental perspective for those looking to deepen their analysis around stocks. A great resource for all types of value investors.” —HEATHER BRILLIANT, CFA, global head of equity research at Morningstar and member of the CFA Institute Board of Governors “This book is of Real Value! It updates the pioneering work of Ben Graham and Phillip Fisher, blending the valuation techniques of the masters (such as Warren Buffett) and provides institutional and individual investors the A to Z of value investing from a practitioner perspective.” —JOHN MAGINN, CFA, EVP & CIO, Mutual of Omaha (retired) and coeditor of Managing Investment Portfolios “An actionable road map for implementing a disciplined value investing strategy. Very much in the Ben Graham style. The sophisticated individual investor will find this comprehensive digest a continual and timeless reference.” —WALLACE FORBES, CFA, President of Forbes Investors Advisory Institute, Division of Forbes magazine “Many books propose to help you learn how to become a better value investor. This one, which is bound to become a staple of every value investor’s library, delivers on its promise.” —ROBERT POWELL, editor of Retirement Weekly and columnist of “MarketWatch”

The Westminster Review

Take , for instance , one of the most important parts of the bookthe theory of
interest . ... as we have maintained , the imputation of gross return and the
imputation of net return , we have at once a clear and simple principle for the
valuation of capital . ... In passing on to Professor Commons ' little book on the
Distribution of Wealth " we may at once quote the opening words , in which he
shows his own ...

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Bazaar Exchange and Mart and Journal of the Household

This book , which versing a triplet , where three notes take the place of only of
trifling value . has not maintained its price ... This little book A copy of the
catalogue is to be seen at the Reading booksellers ask about 30s . for a clean
copy as ...

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