Expectations Investing
Expectations Investing Most investment books try to assess the attractiveness of a stock price by estimating the value of the company. Mauboussin and Alfred Rappaport suggest that an investor start…
Specifikacia Expectations Investing
Expectations Investing
Most investment books try to assess the attractiveness of a stock price by estimating the value of the company. Mauboussin and Alfred Rappaport suggest that an investor start with a known quantity, the stock price, and ask what it implies for future financial results. Expectations Investing provides a powerful and insightful alternative to identifying gaps between price and value.Michael J.
Their framework traces value creation from the triggers that shape a company's performance to the impact on the value drivers. After showing how to read expectations, Mauboussin and Rappaport provide a guide to rigorous strategic and financial analysis to help investors assess the likelihood of revisions to these expectations. This allows a practitioner of expectations investing to determine whether a stock is an attractive buy or sell candidate.Investors who read this book will