[内容简介]
Praise for The Conscious Investor"The Conscious Investor is an extraordinarily comprehensive and intensive study of valuation methods. John Price lays out all the approaches to identifying mispriced stocks and systematically details their comparative strengths and weaknesses. The result is a book of exceptional practical value for serious investors."
—Martin Fridson, Global Credit Strategist, BNP Paribas Asset Management; coauthor, Financial Statement Analysis: A Practitioner's Guide"Every once in a while someone takes the trouble to step back from the noise of investing to renew our perspective. In providing us with the tools to answer the question 'what is it really worth?' John Price has done just that. His advice is not only as timeless as the value-based approach he advocates, it's also refreshingly insightful."
—James O'Loughlin, CEO, JOL Consulting; author, The Real Warren Buffett: Managing Capital, Leading People
[目次]
Acknowledgments.
Introduction.
Chapter 1 What Is Intrinsic Value?
Chapter 2 Price Is What You Pay. . . .
Chapter 3 . . . Value Is What You Get.
Chapter 4 Follow the Money.
Chapter 5 Everything Is Number and Ratio.
Chapter 6 Measuring Value by Taking Snapshots.
Chapter 7 A Bird in the Hand.
Chapter 8 The Joy of Dividends.
Chapter 9 Don’t Get Mad, Get Even.
Chapter 10 PEG and Friends.
Chapter 11 What Rate of Return Can I Expect?
Chapter 12 Please, Sir, I Want Some More.
Chapter 13 Forecasting and the Three Most Important Words in Investing.
Chapter 14 Where Do We Go from Here?
Appendix A Relationship between Return on Equity and Growth of Earnings.
Appendix B Calculations for Discount Methods.
Notes.
Glossary.
About the Author.
Disclaimer.
Index.