Cover image for Conscious Investor : Profiting from the Timeless Value Approach.
Conscious Investor : Profiting from the Timeless Value Approach.
Title:
Conscious Investor : Profiting from the Timeless Value Approach.
Author:
Price, John.
ISBN:
9780470910979
Personal Author:
Edition:
1st ed.
Physical Description:
1 online resource (383 pages)
Series:
Wiley Finance ; v.586

Wiley Finance
Contents:
The Conscious Investor: Profiting from the Timeless Value Approach -- Contents -- Acknowledgments -- Introduction -- What Is This Book About? -- Who Is This Book For? -- Chapter 1: What Is Intrinsic Value? -- Intrinsic Value -- Types of Intrinsic Value -- Chapter 2: Price Is What You Pay . . . -- From the Buttonwood Agreement to Mr. Market -- Charting and Technical Analysis -- Efficient Market Hypothesis -- Chapter 3: . . . Value Is What You Get -- Value and Stock Market Transactions -- Behavioral Biases -- The Selling Dilemma -- Chapter 4: Follow the Money -- A Basic Understanding of Accounting -- Balance Sheet -- Income Statement -- Statement of Cash Flows -- Equity Statement -- Chapter 5: Everything Is Number and Ratio -- Ratios Galore -- Management Performance Ratios -- Debt or Leverage Ratios -- Liquidity Ratios -- Return on Equity -- Price Ratios with Earnings and Dividends -- Ratios and Share Buybacks -- Chapter 6: Measuring Value by Taking Snapshots -- Book Value -- Liquidation Value -- Net Current Asset Value -- Other Balance Sheet Methods -- Replacement Value and Tobin's q-Theory -- Chapter 7: A Bird in the Hand -- Discounted Cash Flow -- Assumptions Required for DCF Methods -- DCF Methods and Value Ratios -- Three Bears' Valuation -- Strengths and Weaknesses of Discounted Cash Flow Methods -- One Final Comment -- Chapter 8: The Joy of Dividends -- Dividends and Dividend Ratios -- Dividend Discount Methods -- Dividend Discount Method via Return on Equity -- Dividend Discount Valuation via Residual Income Estimates -- Strengths and Weaknesses of Dividend Discount Methods -- Chapter 9: Don't Get Mad, Get Even -- Simple Calculation of the Payback Period -- Two-Stage Payback Calculations -- Payback Calculations Using Dividends and Return on Equity -- Strengths and Weaknesses of the Payback Period Method -- Chapter 10: PEG and Friends.

PEG Ratio -- PEGY Ratio -- Expectations Risk Index -- Chapter 11: What Rate of Return Can I Expect? -- Expected Return or Price Ratio Methods -- Making Forecasts -- Strengths and Weaknesses of Expected Return or Price Ratio Methods -- Chapter 12: Please, Sir, I Want Some More -- Graham's Intrinsic Value Formulas -- Abnormal Earnings Growth Method -- Assets, Earnings Power, and Profitable Growth Methods -- Benchmark Valuation Method -- Magic Formula, CAN SLIM, and other Filtering Methods -- Option-Pricing Methods of Valuation -- Chapter 13: Forecasting and the Three Most Important Words in Investing -- Analysis of Growth Rates -- Engineering and Margins of Safety -- Margins of Safety for Earnings Growth Rates -- Margins of Safety for P/E Ratios and Payout Ratios -- Chapter 14: Where Do We Go from Here? -- Free Access to Key Functions -- Being a Conscious Investor -- Appendix A: Relationship between Return on Equity and Growth of Earnings -- Appendix B: Calculations for Discount Methods -- Single-Stage Model -- Two-Stage Model -- Notes -- Glossary -- About the Author -- Disclaimer -- Index.
Abstract:
An intriguing look at the full range of value methods broughttogether for the first time The biggest block to success in the stock market is unconsciousinvesting, or following the crowd without asking the rightquestions such as: "What is it really worth?" Even more fundamentalis: "What rate of return can I confidently expect to get?" Withouthaving the methods to answer these questions is like trying to saila boat without a rudder. The Conscious Investor covers each of the main methodsused to calculate value or return in the stock market, along withdescriptions of how and when to use them, as well as theirstrengths and weaknesses. Interspersed throughout the methods arethe timeless investment principles of Benjamin Graham and WarrenBuffett. The book: Includes balance sheet methods, dividend discount methods,discounted cash flow methods, price ratio methods, and manyothersExplains the significance of viewing real value as acombination of a stock's price or market value and its intrinsicvalueComes with free access to key functions in the author'sConscious Investor software The Conscious Investor is indispensable reading foreveryone with an interest in investing in the stock market, fromnovices to experienced professionals. Using this book as yourguide, you'll quickly discover what it takes to be a consciousinvestor and gain more confidence in knowing what and when to buy,when to hold, and when to sell.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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