A comprehensive look at the equity valuation process With the"Second Edition" of "Equity Asset Valuation, " the distinguishedteam of Jerald Pinto, Elaine Henry, Thomas Robinson, and JohnStowe, fully update information associated with this importantdiscipline. Blending theory with practice, they detail thecontemporary techniques used to determine the intrinsic value of anequity security, and show you how to successfully apply thesetechniques in both foreign and domestic markets. Unlike alternativeworks in this field, the "Second Edition "of "Equity AssetValuation" clearly integrates finance and accounting concepts intothe discussion-providing the evenness of subject matter treatment,consistency of notation, and continuity of topic coverage that isso critical to the learning process. Addresses essential issues inthis arena, including the equity valuation process, discounteddividend valuation, free cash flow valuation, and residual incomevaluation Each author brings his own unique experiences andperspecti
Comprehensive coverage of what it takes to be a responsible member of an investment committee In a clear, organized, and easy-to-understand manner, this handbook explains the responsibilities and expectations of investment committee fiduciaries for pension funds, endowment funds, and foundations. Emphasizing all the do's and don'ts to follow for prudent investment management, this invaluable resource covers topics ranging from investment policy, asset allocation, and risk assessment to understanding information presented at committee meetings, asking meaningful and productive questions, and voting on recommendations knowledgeably. This book will empower readers with all the knowledge they need to feel confident in the investment decisions they make for their organizations 作者简介:RUSSELL L. OLSON, a consultant on institutional investing, retired in 2000 as the director of pension investments worldwide for Eastman Kodak. He had overseen Kodak's pension funds since 1972. Over the last thirty yea
The Warren Buffett Way provided the first look into the strategies that the master uses to pick stocks. A New York Times bestseller, it is a valuable and practical primer on the principles behind the remarkable investment run of the famed oracle of Omaha. In this much-awaited companion to that book, author Robert Hagstrom takes the next logical step, revealing how to profitably manage stocks once you select them. THE WARREN BUFFETT PORTFOLIO will help you through the process of building a superior portfolio and managing the stocks going forward. Building a concentrated portfolio is critical for investment success. THE WARREN BUFFETT PORTFOLIO introduces the next wave of investment strategy, called focus investing. A comprehensive investment strategy used with spectacular results by Buffett, focus investing directs investors to select a concentrated group of businesses by examining their management and financial positions as compared to their stock prices. A strategy that has historically outperfor
Investors who've primarily purchased equity securities in the past have been looking for more secure investment alternatives; namely, fixed income securities. This book demystifies the sometimes daunting fixed income market, through a user-friendly, sophisticated, yet not overly mathematical format. Investing in Fixed Income Securities covers a wide range of topics, including the different types of fixed income securities, their characteristics, the strategies necessary to manage a diversified portfolio, bond pricing concepts, and more, so you can make the most informed investment decisions possible.
Morningstar has been helping investors make better investing decisions for more than 20 years with independent information and analysis. Morningstar people are passionate about helping you invest successfully. Paul Larson is the editor of the Morningstar Investing Workbook Series: Stocks. He is also one of Morningstar's Equities Strategists and editor of Morningstar StockInvestor. As editor, Larson manages the publication's two market-beating portfolios: Tortoise for conservative and Hare for aggressive investors.
A fascinating look at the top women at Berkshire Hathaway and how they got there Although proportionally women continue to lag far behind men as CEOs and board members at major institutions, there has been a marked uptick in the number of female business leaders in recent years. Looking at the changes that have happened at Berkshire Hathaway--Warren Buffett's holding company, The Women of Berkshire Hathaway: Lessons from Warren Buffett's Female CEOs and Directors provides a unique look at the gradual shattering of the glass ceiling at one of America's top firms. An influx of female leadership over the past few years--today there are four female CEOs, up from just one a decade ago--has invigorated Berkshire Hathaway with energy and unique female insight. Profiling these remarkable women, the book provides motivational and management information for a wide range of readers, from business students to Buffett fans.* Looks closely at the female board members of Berkshire Hathaway and the female managers who
Investors are becoming a lot more independent these days. With the stock market sinking and soaring from day to day, retirement plans becoming less certain, and a longer life expectancy in retirement, more people are looking for some control over their investments. If you’re one of them, Investing Online For Dummies, 6th Edition might be just what you’re looking for. The Internet brings a world of investment resources to your desktop, but how do you find your way through the dizzying array of investment possibilities? The Dummies Way, of course! This book helps you set reasonable expectations, assess your risk tolerance, choose an asset allocation, analyze and select investments, and maximize your financial success. You’ll discover how to Determine how much you can afford to invest Choose an online broker Research, trade, and track investments online Measure the potential return of a stock Maximize your investment knowledge and build a profitable portfolio
In easy-to-follow terms,Getting Started in Options,Sixth Edition thoroughly demystifies the options markets,distinguishes the imagined risks from the real ones,and arms readers with the facts they need to make informed investment decisions. The accessible,step-by-step format of this guide includes the latest examples,charts,and additions to reflect the changing markets. It also includes new and updated discussions on other options issues,such as Long-Term Equity Anticipation Securities (LEAPS)and the intricacies of options taxation,as well as understandable instructions about how to master options terminology and concepts,read the market,utilize new online resources,and more. Filled with in-depth insights and practical advice,this straightforward resource shows readers how options work as well as where they can fit into anyone’s personal investment plan. 作者简介: Michael C. Thomsett is a financial writer who has written more than sixty books on investing,real es
In order to effectively employ portfolio strategies that can control interest rate risk and/or enhance returns, you must understand the forces that drive bond markets, as well as the valuation and risk management practices of these complex securities. In Advanced Bond Portfolio Management, Frank Fabozzi, Lionel artellini, and Philippe Priaulet have brought together more than thirty experienced bond market professionals to help you do just that. Divided into six comprehensive parts, Advanced Bond Portfolio Management will guide you through the state-of-the-art techniques used in the analysis of bonds and bond portfolio management. Topics covered include: General background information on fixed-income markets and bond portfolio strategies The design of a strategy benchmark Various aspects of fixed-income modeling that will provide key ingredients in the implementation of an efficient portfolio and risk management process Interest rate risk and credit risk management Risk factors
The Warren Buffett Way provided the first look into thestrategies that the master uses to pick stocks. A New York Timesbestseller, it is a valuable and practical primer on the principlesbehind the remarkable investment run of the famed oracle of Omaha.In this much-awaited companion to that book, author Robert Hagstromtakes the next logical step, revealing how to profitably managestocks once you select them. THE WARREN BUFFETT PORTFOLIO will helpyou through the process of building a superior portfolio andmanaging the stocks going forward. Building a concentratedportfolio is critical for investment success. THE WARREN BUFFETTPORTFOLIO introduces the next wave of investment strategy, calledfocus investing. A comprehensive investment strategy used withspectacular results by Buffett, focus investing directs investorsto select a concentrated group of businesses by examining theirmanagement and financial positions as compared to their stockprices. A strategy that has historically outperformed the market,focus
The Wall Street Waltz Introducing the new Fisher Investment SeriesComprised of engagingand informative titles written by renowned money manager andbestselling author Ken Fisher, this series offers essentialinsights into the worlds of investing and finance. Any investor who fails to read and heed Ken Fisher′s book willhave only himself (or herself) to blame if he loses his shirt inthe market. Using simple words and dramatic charts, Fisher packs awhole financial education into one neat package." James W. Michaels, Editor Emeritus and Group VicePresident–Editorial, Forbes, Inc. Ken′s book vividly presents a complete picture of the stockmarket′s history–a vital tool for the savvy investor." Charles R. Schwab, founder, Chairman, and CEO, The Charles SchwabCorporation If a picture is worth a thousand words, then these charts couldbe worth your life savings." William E. Donoghue, Chairman, W. E. Donoghue Co., Inc. Ken Fisher′s clear, insightful analy
Since the publication of the bestselling original Morningstar Guide to Mutual Funds, investors have confronted some challenging questions head-on. How do you find a mutual fund company you can trust? Are exchange-traded funds a viable alternative to traditional mutual funds? And perhaps a more fundamental question: Are mutual funds still worth investing in? Completely revised and updated to meet the needs of today's demanding investor, Morningstar Guide to Mutual Funds, Second Edition answers these questions and many more. Filled with commonsense advice that will help both the novice and seasoned investor, this book outlines the latest tools and techniques needed to select winning mutual funds, create a well-diversified portfolio, and help you reach your financial goals. It shares Morningstar's top mutual fund picks, provides sample portfolios for investors with short-, intermediate-, and long-term time horizons, and tells you how to avoid the pitfalls that trip up so many other investors. Most of all,
"This is destined to be the business world's Little Red Book that investors and managers will resort to over and over. David Clark and Mary Buffett have again captured the heart, soul, and ethos of Warren Buffett - giving us practical, lasting strategies we can use to improve our financial performance." 作者简介:MARY BUFFETT is an author and lecturer on investing and was married to Warren's son Peter for twelve years. She and DAV IDCLARK-a long-time friend of the Buffett family who is a portfolio manager, attorney, and lecturer on the subject of Buffettology--are the bestselling authors of the interna-tionally acclaimed investment books Buffettology, The New Buffettology, and The Buffettology Workbook.
The best investment guide money can buy, with over 1.5 millioncopies sold, now fully revised and updated.