Concise Guide to Value Investing: How to Buy Wonderful Companies at a Fair Price - Couverture souple

McNiven, Brian

Couverture souple

ISBN 10 : 0731407938 ISBN 13 : 9780731407934

Editeur : John Wiley & Sons Australia Ltd, 2010

Synopsis

The business performance creates the value -- the price creates the OPPORTUNITY.

No-one likes to pay too much for something. We all like to thing that what we buy is ' good value'. It's not different when we purchase a share in company listed on the stock market.

In the Concise Guide to Value Investing, Brian McNiven reveals how to calculate the true value of a company to find out whether you are paying a fair price. This fascinating book explores:

• value investing versus speculation
• the difference between price and value
• variable values of a dollar of earnings
• accounting misrepresentation
• the characteristics of a wonderful business
• the StockVal^(R) valuation formula.

Two of the world's most successful investors, Warren Buffett and Charlie Munger, are self-confessed value investors. McNiven often draws on their wisdom to support his approach to value investing, which he defines as buying a share at a price lower than its calculated value. Only investors who have the ability to calculate value can call themselves 'value investors'.

A propos du livre

À propos de l'auteur

Brian McNiven is the author of Stock Valuation, A Wonderful Company at a Fair Price and Market Wise. He makes his living investing on the Australian stock market and is the developer of StockVal^(c), a stock valuation program.

Détails de l'édition

• Éditeur: John Wiley & Sons Australia Ltd
• Date d'édition: 2010
• Langue: anglais
• ISBN 10: 0731407938
• ISBN 13: 9780731407934
• Reliure: Broché
• Nombre de pages: 232
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible