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
Since the first hedge fund was launched in 1949 by Alfred Winslow lones,the industry has grown impressively.In 2005 it reached the record size of 1.3 trillion dollars and 8000 hedge funds.Responsible for a big slice of the daily trading volumes of financial markets,hedge funds are among the top clients for brokers,given the level of trading fees they generate. The hedge fund world is a very heterogeneous one: there are hedge funds that encompass only a few people and those with trading floors bigger than soccer fields.The hedge fund world seems to be the place where the ability to generate positive uncorrelated returns resides,even though performances are not publicly disclosed. And still,this remarkable phenomenon is surrounded by an aura of mystery.Using real-life examples and case studies,this book provides an intensive learning experience,and helps readers understand the investment strategies of hedge funds showing them how they can invest to make money in an uncorrelated way with financial market
Jim Mellon and Al Chalabi demystify the process of investment and let you in on a few of their BigIdeas - whilst you work out a few of your own: Real Estate – can the hot housing markets really continue to generate 20% annual increases? Stocks & Mutual Funds – the hardest of all investment classes to operate in, so where are the opportunities? Bonds & Cash – not as boring as you may think, and with the capacity to make you a lot of money! The ‘BRIC’ Economies – how do the emerging economies of Brazil, Russia, India and China stack up against the four key determinates of growth? Commodities & Collectables – learn the five reasons why commodities are an investment vehicle set to grow and grow. ‘Green’ Investments – how can we turn the challenges of green and eco-needs into monetary returns on investment? Given a bit of strategic thinking and proper planning these BigIdeas can turn into MoneyFountains, meaning your financial worries for the future ar
Investment Administration has a key role to play in the many and varied investment products and services that are available in the retail investment marketplace. Kevin Rothwell’s Handbook of Investment Administration provides a comprehensive and readable source of both background and practical information for the practitioner. The Handbook takes the main aspects of investment administration and drills down into the detail of these from a retail perspective. It covers areas that are unique to the private client business such as trusts. It explains the background on why processes are undertaken providing as essential reference aid for the practitioner. Key features include: A full range of Investment Administration functions from New Business to Settlement through to Corporate Actions. Specialist areas such as Trusts and Charities are covered in depth. Concise introduction to each subject providing interesting background information, followed by a detailed review. Esse
Now, in Quantitative Investment Analysis Workbook, SecondEdition, they offer you a wealth of practical information andexercises that will further enhance your understanding of thisdiscipline. This essential study guide––which parallels the mainbook chapter by chapter––contains challenging problems and acomplete set of solutions as well as concise learning outcomestatements and summary overviews.
Owning a home has always been the American Dream, and in The Automatic Millionaire Homeowner , David Bach shows thatbuying a home and investment properties is not only possible, it isstill the surest way to reach your seven-figure dreams on anordinary income. Whether you are a renter or already own a home,Bach’s book offers a lifelong strategy for real estate based ontimeless wisdom that is tried and true—in any market. He includeseverything you need to know, with step-by-step instructions,including phone numbers and web sites, so you can get started rightaway. As long as you’re alive, you have to live somewhere. Why notlet where you live make you financially secure and ultimately rich?David Bach will show you how.
The Hedge Fund Compliance and Risk Management Guide provides you with a broad examination of the most important compliance and risk management issues associated with today’s hedge funds. Straightforward and accessible, this invaluable resource covers everything from how hedge funds continue to generate lucrative returns to why some use sophisticated instruments and financial engineering to get around fundamental regulatory laws.
Does your current work situation bother you? Do things beyond the ordinary, day-to-day issues of working in a business environment—such as lack of input into important company decisions and compensation—continue to frustrate you? If you're tired of working for someone else and have contemplated striking out on your own, Starting Your Own Practice: The Independence Guide for Professional Service Providers can help make the transition as smooth as possible. Written from the perspective of successful entrepreneur and investment advisor, Robert Fragasso, Starting Your Own Practice has been designed to help professionals who provide skilled personal service—especially those who already have experience as investment advisors, brokers, consultants, attorneys, and accountants, as well as insurance and real estate agents—make the right choices as they pursue their independent business endeavors. But, the principles contained here are also readily transferable to a much wider segment of the service sector,
In Investors and Markets, Nobel Prize-winning financial economist William Sharpe shows that investment professionals cannot make good portfolio choices unless they understand the determinants of asset prices. But until now asset-price analysis has largely been inaccessible to everyone except PhDs in financial economics. In this book, Sharpe changes that by setting out his state-of-the-art approach to asset pricing in a nonmathematical form that will be comprehensible to a broad range of investment professionals, including investment advisors, money managers, and financial analysts. Bridging the gap between the best financial theory and investment practice, Investors and Markets will help investment professionals make better portfolio choices by being smarter about asset prices. Based on Sharpe's Princeton Lectures in Finance, Investors and Markets presents a method of analyzing asset prices that accounts for the real behavior of investors. Sharpe makes this technique accessible through a new, one-of-a-k
The Bogleheads’ Guide to Investing is a slightly irreverent, straightforward guide to investing for everyone. The book offers sound, practical advice, no matter what your age or net worth. Bottomline, become a Boglehead and prosper! Originally just the chat-line ruminations of Boglehead founder Taylor Larimore, and Morningstar forum leading cohorts Mel Lindauer and Michael LeBoeuf, their trusted advice has been brewed and distilled into an easy-to-use, need-to-know, no frills guide to building up your own financial well-being – so you can worry less and profit more from the investments you make. Invest like a Boglehead, and let their grassroots investment wisdom guide you down the path of long-term wealth creation and happiness, without all the worries and fuss of stock pickers and day traders. If you face a financial crisis or problem, or simply want to know what is prudent to do with the money you save, the Bogleheads will have the answers you need to help you gain your financial footing and keep it.
The Barefoot Investor,Scott Pape,shows how getting your financial act together can be downright sexy,allowing you to achieve the things that mean the most to you - regardless of your income. Scott shows you how to manage your money to do the things you want:whether it’s to quit the job you hate to make a career of what you love;buy a cool apartment;go backpacking around the world;or build a wealth portfolio for the future. By following the Barefoot Plan you can make your money work for you.The five Barefoot steps show you how to save it,invest it and let it do thehard work for you so you can tread your own path. At 26,Scott is a successful stockbroker and media commentator.He runs his own weekly finance radio show,chooses to drive a wreck and lives a full and rich life.His radio program has been described as finance for people who don’t do finance.He makes money funky;your money can look after you once you learn how to look after it.
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.
comprehensive, no-nonsense guide to preparing for a comfortable retirement. Written specifically for Australians in their 40s, 50s and 60s, but relevant to anyone who has been putting off planning for retirement, this handbook contains valuable wealth-creating strategies for saving, investing, superannuation, tax and, most importantly, getting started. Authors Trish Power, lan Murdoch and Jamie Nemtsas are experienced investors who also spend their working lives advising or educating Australians about money and investing. 作者简介: Trish Power LLB, BCom, DipArts (Prof Writ & Ed), is a financial journalist and long-time independent investor. She is the author of Superannuation for Dummies and Superannuation: Choosing a Fund for Dummies.
For more than thirty years, The Only InvestmentGuide You’ll Ever Need has been a favorite finance guide,earning the allegiance of more than a million readers across theUnited States. Now even more indispensable, this completely revisedand updated edition will show readers how to use money to theirbest advantage in the wake of epochal change on Wall Street, nomatter how much or how little they may have.
If I had read this book in my formative years I would now be the Oonald Trump of Tootgarook. I would have collected land like Madonna collects Manolo Blahniks. I would have negatively geared with such finesse that my dog would haw
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.
Based on the popular public television series MoneyTrack, The MoneyTrack Method offers you the principles, techniques, and approaches that allow real people of all incomes to become successful investors. Steering you away from the get-rich-quick mentality that sinks so many, this book shows you how patience and planning pay off, as well as how good investing habits lead to better overall financial health. Filled with in-depth insights and real-world examples, The MoneyTrack Method outlines the time-tested principles of smart investing, and shows you how others have already applied them. 作者简介: Pam Krueger is executive producer, co-anchor, and creator of the national public television MoneyTrack series. With a passion for economics and the stock market, Krueger worked as a stockbroker for nine years before leaving her "day job" to become a full-time television reporter and producer. She was a co-anchor and producer on ABC-TV's Emmy Award–winning program, Marketplace in San Francisco, and a rep
When I was a boy, my father often pulled me aside to convey lessons intended to build what we generally refer to as 'character'. Often his advice was very simple -- work hard, think for yourself, do right by others -- but I believe those lessons provided the foundation for everything that has followed in my life. Now that I'm a dad myself, I wanted to put them down in one place, with examples of my own experiences, as a guide to life, adventure, and investing, both for my young daughters and for anyone seeking success in his or her chosen field. I hope that parents will be inspired to give this book to their children, and vice versa, as many of the lessons that I have learned apply not just to young people but to all adults -- for example, question everything, never follow the crowd, and beware of boys -- A Gift to My Children .
Hailed by financial professionals worldwide as the single best guide of its kind, Valuation, Fourth Edition with CD-ROM combines is thoroughly revised and expanded to reflect business conditions in today’s volatile global economy. Valuation provides up-to-date insights and practical advice on how to create, manage, and measure an organization’s value. Along with all-new case studies that illustrate how valuation techniques and principles are applied in real-world situations, this comprehensive guide has been updated to reflect the events of the Internet bubble and its effect on stock markets, new developments in academic finance, changes in accounting rules (both U. S. and IFRS), and an enhanced global perspective. This package contains a solid framework that managers at all levels, investors, and students have come to trust.
As an approach to research,technical analysis has suffered because it is a "discipline" practiced without discipline.In order for technical analysis to deliver useful knowledge that can be applied to trading,it must evolve into a rigorous observational science. Over the past two decades,numerous articles in respected academic journals have approached technical analysis in a scientifically rigorous and intellectually honest manner,and now,Evidence-Based Technical Analysis looks to continue down this path.Organized into two parts,this valuable resource first establishes the methodological,philosophical,and statistical foundations of evidenced-based technical analysis (EBTA),and then demonstrates this approach—by using twenty-five years of historical data to test 6,400 binary buy/sell rules on the S&P 500. Evidence-Based Technical Analysis examines how you can apply the scientific method,and recently developed statistical tests,to determine the true effectiveness of technical trading signals.Throughout
Offering a straightforward, non-intimidating approach tolearning investing, this book gives beginner investors theknowledge they need to understand documentation and investingconcepts--from key terms to complicated interest-bearingaccounts.