"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’

A proven guide to building financial models from scratch The"Second Edition "of "Building Financial Models with Microsoft Excel+ CD-ROM" provides beginning and intermediate level computer userswith step-by-step instructions on building financial models usingMicrosoft Excel 2007-the most popular spreadsheet programavailable. The accompanying CD-ROM contains Excel worksheets thattrack the course of the book and allow you to build your ownfinancial models. This comprehensive resource also covers importanttopics such as the concepts of valuation, sensitivity analysis, andcontribution margin. Offers accessible guidance on buildingfinancial models using Excel 2007 Illustrates how to integratefinancial statements such as the balance sheet, income statement,and statement of cash flows Covers the basics of building and usinga Capitalization Table Discusses how to best present a financialmodel Incorporating financial models into business decisions hasbecome an essential element of good business practice, and thisbook

Diversification provides a well-known way of getting something close to a free lunch: by spreading money across different kinds of investments, investors can earn the same return with lower risk (or a much higher return for the same amount of risk). This strategy, introduced nearly fifty years ago, led to such strategies as index funds. What if we were all missing out on another free lunch that’s right under our noses? In Lifecycle Investing, Barry Nalebuff and Ian Ayres—two of the most innovative thinkers in business, law, and economics—have developed tools that will allow nearly any investor to diversify their portfolios over time. By using leveraging when young—a controversial idea that sparked hate mail when the authors first floated it in the pages of Forbes—investors of all stripes, from those just starting to plan to those getting ready to retire, can substantially reduce overall risk while improving their returns. In Lifecycle Investing, readers will learn How to figure out the level of