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Product Description
The Conscious Investor: Profiting from the Timeless Value Approach (Wiley Finance) (9780470604380): John Price: Books. The United States is experiencing the worst financial crisis since the 1930s, according to George Soros. But you don't need one of the world's greatest investors to tell you what you already know. What would be useful is knowing how it is that he and other astute investorsWarren Buffett, Benjamin Graham, and Peter Lynchmade a great portion of their profits during times of extreme economic uncertainty. The short answer is: successful investors know which stocks to buy and when, as well as when to hold and when to sell. How do they know these things? The Conscious Investor: Profiting from the Timeless Value Approach provides the answerstock valuation methods.As an investor, if you're unable to measure a stock's true value, then it's all but impossible to know whether your purchase is likely to prove profitable. Your unconscious investing makes your hope for a financially secure future just thata wish left to the whims of a fickle financial market. In The Conscious Investor, Dr. John Price describes the quantitative methods investors like Buffett use to determine value and, thus, whether or not an investment will make money. Dr. Price details: Intrinsic value and ways of measuring it Price-setting mechanisms and influences in the stock market, as well as the difference between pure price theories and fundamental data theories Real value as a combination of intrinsic value and price Accounting and the role of financial statements (balance sheet, income statement, cash flow statement, and equity statement) in providing data for valuation methods Offbalance sheet obligations Key financial ratios in analyzing and filtering companies Over 20 valuation methods, including each of their strengths and weaknessesDespite turbulence at the surface of the worst financial crisis since the 1930s, investors like Buffett, Soros, and Lynch understand that underneath the uncertainty, they're still dealing with real businesses with real products and services, and that it's possible to profitably invest in them using timeless valuation methods. With The Conscious Investor, you'll know how the great investors profit from uncertainty. You'll begin the process of transforming yourself from a speculative hopeful into a wealth winner.
Shipping Weight: 2 pounds
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