An insider's look at security analysis and business valuation,as practiced by Wall Street, Corporate America, and internationalbusinesses Two major market crashes, numerous financial and accountingscandals, growth in private equity and hedge funds, Sarbanes Oxleyand related regulations, and international developments changedsecurity analysis and business valuation substantially over thelast fourteen years. These events necessitated a second edition ofthis modern classic, praised earlier by Barron's as a "welcomesuccessor to Graham and Dodd" and used in the global CFAexam. This authoritative book shows the rational, rigorous analysis isstill the most successful way to evaluate securities. It picks upwhere Graham and Dodd's bestselling Security Analysis - for decadesconsidered the definitive word on the subject - leaves off.Providing a practical viewpoint, Security Analysis on Wall Streetshows how the values of common stock are really determined intoday's marketplace. Incorporating dozens of
Are You Prepared for Another Lost Decade? "[Pring] seesanother 'lost decade,' but also ways to make it a winner". ("TheNew York Times"). Don't let the secular bear eat you. Prepare toearn steady profits in another decade of volatile and disappointingmarket returns. For more than four decades, Martin Pring has been aleading innovator and practitioner of financial and business cycleanalysis. In "Investing in the Second Lost Decade", Pring - alongwith seasoned portfolio managers Joe Turner and Tom Kopas - offersconclusive proof that we're only near the midway point of acontinued secular cycle of flat returns and deeply cyclicaleconomic conditions. To guide you through these uncertain times,Pring, Turner, and Kopas deliver a proven action plan for masteringthe realities facing today's investors. Using proprietary analysis,the authors explore the characteristics of long-term bear marketsalong with the looming dual threats of inflation and risinginterest rates - and outline positive steps you can take to cre
Regarded as one of the pioneers of modern investment theory, Philip A. Fisher's investment principles are studied and used by contemporary finance professionals including Warren Buffett. Fisher was the first to consider a stock's worth in terms of potential growth instead of just price trends and absolute value. His principles espouse identifying long-term growth stocks and their emerging value as opposed to choosing short-term trades for initial profit. First published in 1958, this investment classic is considered a must-read as the foundation for many of today's popular investment beliefs.
A practical, hands-on guide to building your mastery ofcandlestick charting and analysis Candlestick charting has become one of today’s most populartechnical analysis tools for both individual and professionalinvestors. And it’s much easier than you probably think. In fact,creating a candlestick chart demands no more information thantraditional charting requires. With candle pattern analysis, thepayoff is a deeper look into the minds of investors and a clearerview of supply and demand dynamics. In this companion volume to his bestselling Candlestick ChartingExplained, Gregory L. Morris delivers hands-on knowledge you needto make candlestick charting and analysis a key element of yourportfolio-building strategy. With this book you will be ableto: Identify candle patterns and quickly see what traders and investorsare thinking Use reversal patterns to enter or reverse your positions Identify continuation patterns to establish additionalpositions Utilize charting software to recognize patterns automatica
The strategies and techniques of THE investment legend Warren Buffett Wealth follows the world′s greatest investor fromthe beginning of his career, as he takes a 100–dollar investmentand turns it into one of the most successful multibillion–dollarcompanies in the world. By carefully detailing how Buffett beganhis career and discussing what he learned from Benjamin Graham,this book reveals the true secrets to Buffett′s success. Readerswill see how Buffett reached the pinnacle of his profession byfollowing certain key principles such as investing in old–styletraditional American companies, holding the companies forever, andhiring and keeping the same managers. Robert P. Miles (Tampa, FL) is a writer, speaker, and consultant.He is also the author of The Warren Buffett CEO (0–471–44259–3) and101 Reasons to Own the World′s Greatest Investment: WarrenBuffett′s Berkshire Hathaway (0–471–41123–X).
An updated edition of the bestselling collection of timeless wisdom from the world's greatest investor Readers of Warren Buffett's letters to Berkshire Hathaway shareholders have gained an enormously valuable informal education in the art of investing.
In this title, two entrepreneurial Icons share experiences andinsights into creating and building successful businesses. Whatmakes some business owners wildly successful? What separates theentrepreneurs who build businesses from ones who just seem tocreate more work for themselves? How, exactly do the world's mostprominent business builders seem to hit home run after home run?The answer: They have the Midas Touch. Donald Trump and RobertKiyosaki believe the world needs more entrepreneurs. For the firsttime, two of the world's most successful and influentialentrepreneurs will share their own Midas Touch secrets. Secretsthat will both inspire you to find and fulfill your passion as wellas provide you with the hands-on guidance you need to besuccessful. Through their real life stories of success, failure,perseverance and purpose, you'll discover how they do it andwhether or not you have what it takes to drive your ownentrepreneurial success.
Use a master’s lost secret to pick growth companies bound forsuccess In 1948, legendary Columbia University professor BenjaminGraham bought a major stake in the Government Employees InsuranceCorporation. In a time when no one trusted the stock market, hechampioned value investing and helped introduce the world tointrinsic value. He had a powerful valuation formula. Now, in thisgroundbreaking book, long-term investing expert Fred Martin showsyou how to use value-investing principles to analyze and pickwinning growth-stock companies—just like Graham did when heacquired GEICO. Benjamin Graham and the Power of Growth Stocks isan advanced, hands-on guide for investors and executives who wantto find the best growth stocks, develop a solid portfolio strategy,and execute trades for maximum profitability and limited risk.Through conversational explanations, real-world case studies, andpragmatic formulas, it shows you step-by-step how this enlightenedtrading philosophy is successful. The secret lies in Graham’sv
Throughout history, mergers and acquisitions have been the major game played on Wall Street. These deals have had far-reaching effects, on the worlds of finance and industry - more than most commentators or financiers are publicly willing to admit. Deals of the Century captures this dynamic moment in history by taking an in-depth look at the most notable merger and acquisition deals of the twentieth of Carnegie Steel in 1901 to the creation of the former AOL Time Warner, renowned business historian and bestselling author Charles Geisst traces the deals that have had the most dramatic impact on the worlds of both finance and industry over the past century. Decade by decade, you'll be introduced to the personalities behind each event, as industries are built, dismantled, and reorganized by "professionals" driven mainly by the profits extracted from the deals themselves. Engaging and informative, Deals of the Century paints an exciting portrait of the incredible M&A journey and illustrates how many of
Professional and managerial guide to conducting mergers and acquisitions, featuring a collection of articles from leading business scholars. Topics covered include friendly acquisition, integration managers, trade-offs in acquisitions, and who stays and who goes. Softcover. DLC: DLC: Consolidation and merger of corporations.
Somewhat controversially, Gad makes the point that value and growth investing are much more similar than most investors think -- value investors look for growth in the companies in which they invest. He then walks readers through the pitfalls that most investors fall victim too -- most of which involve not really understanding the margin of safety and how it is applied. Gad sets the stage by presenting the core value framework for beginning to advanced investors and money managers. With the backdrop of evaluating businesses (and not stocks), The Business of Value Investing introduces a blueprint to successful value investing with a focus on six key Buffett strategies. These essential points are presented and backed up with real-world case studies.
From the jungles of the trading [loot to thecasinos of bas Vogas, The bia Short tells the outrageous story ofthe misfits, renegades and visionaries who saw tha.t the biggesteredit bubble of all time was about to burst, bet against thebanking system and made, a killing.
When it was first published, How to Make Money in Stocks hit the investing world like a jolt, providing readers with the first in-depth explanation of William J. O'Neil's innovative CAN SLIM investing method. Five years later, O'Neil, founder for the industry icon Investor's Business Daily, revised his classic text and provided readers with a newer glimpse on how the average investor can make money in the equities market. This third edition of How to Make Money in Stocks has been revised and updated with new chapters designed to help investors increase their performance. Like his international bestselling 24 Essential Lessons for Investment Success, which stayed on international business bestseller lists for close to 6 months in 2000, How to Make Money in Stocks is the best reference for the individual investor in how to stay afloat and ahead in the rocky and volatile equities markets of the 21st century.
You know what happened during the financial crisis … now it istime to understand why the financial system came so close tofalling over the edge of the abyss and why it could happen again.Wall Street has been saved, but it hasn’t been reformed. What isthe problem? Suzanne McGee provides a penetrating look at the forces thattransformed Wall Street from its traditional role as acapital-generating and economy-boosting engine into a behemothoperating with only its own short-term interests in mind and withreckless disregard for the broader financial system and those whorelied on that system for their well being and prosperity. Primary among these influences was “Goldman Sachs envy”: theself-delusion on the part of Richard Fuld of Lehman Brothers,Stanley O’Neil of Merrill Lynch, and other power brokers (egged onby their shareholders) that taking more risk would enable theircompanies to make even more money than Goldman Sachs. Thathubris—and that narrow-minded focus on maximizing their
The best investment guide money can buy, with over 1.5 millioncopies sold, now fully revised and updated.
"This book deserves a place on every serious investor’sshelf." –FINANCIAL TIMES "A must-read for all disciples of value investing. In 1934,Graham and Dodd created fundamental security analysis. Greenwaldreinforces the worth of this approach, incorporates new advances,and takes their work into the twenty-first century." –Mario J. Gabelli, Chairman, Gabelli Asset Management, Inc. "The new title most deserving of your time is Value Investing . .. . Its authors aim to place their work next to Benjamin Graham’s1950 classic, The Intelligent Investor. My 1986 edition came withWarren Buffett’s endorsement–‘by far the best book on investingever written.’ Value Investing is better." –Robert Barker, BusinessWeek "Greenwald is an economist (PhD from MIT) who caught the valuebug. He has updated and expanded Graham’s ideas, and his summerseminars ($2,900 for two days) have become popular with everyonefrom well-known money managers to Columbia MBAs who couldn’
In The Little Book of Bull Moves , popular author andeconomic advisor, Peter Schiff, takes a new look at America's bullmarkets of the 1920's, 1960's, and 1990's, and the bear marketsthat followed. Analyzing similarities and differences from both aneconomic and political perspective, Schiff discusses investmentstrategies that worked then and explains how those sameconservative approaches to investing can be applied in today'smarket. Provides detailed advice on the techniques and strategies thatcan help investors maintain and even build wealth now and in theturbulent times that lie just ahead Filled with insightful commentary, inventive metaphors, andpre*ive advice Other titles by Schiff: Crash Proof: How to Profit From theComing Economic Collapse, and The Little Book of Bull Movesin Bear Markets Written by a seasoned Wall Street prognosticator, TheLittle Book of Bull Moves shows readers how to make money underadverse market conditions by using conservative, nontraditionalinvestment
YOU WANT LESS. You want fewer distractions and less on yourplate. The daily barrage of e-mails, texts, tweets, messages, andmeetings distract you and stress you out. The simultaneous demandsof work and family are taking a toll. And what's the cost?Second-rate work, missed deadlines, smaller pay cheques, fewerpromotions-and lots of stress. AND YOU WANT MORE. You want moreproductivity from your work. More income for a better lifestyle.You want more satisfaction from life, and more time for yourself,your family, and your friends. NOW YOU CAN HAVE BOTH-LESS AND MORE.In The ONE Thing, you'll learn to cut through the clutter achievebetter results in less time build momentum toward your goal dialdown the stress overcome that overwhelmed feeling revive yourenergy stay on track master what matters to you The ONE Thing isthe New York Times bestseller which delivers extraordinary resultsin every area of your life-work, personal, family, and spiritual.WHAT'S YOUR ONE THING?
Through every type of market, William J. O'Neil's nationalbestseller, How to Make Money inStocks, has shown over 2 millioninvestors the secrets to successful investing. O'Neil'spowerful CANSLIM~ Investing Systemma proven seven-step process for minimizingriskand maximizing gains--has influenced generations ofinvestors.Based on a major study of all the greatest stock marketwinners from 1880 to 2009, thisexpanded edition gives you: