Expectations Investing: Reading Stock Prices for Better Returns

Autori

• Alfred Rappaport
• Michael J. Mauboussin

Parametri

Pagine

256pagine

Tempo di lettura

9ore

• Commercio e vendita
• Economia
• Economia e affari
• Finanza
• Saggistica

Maggiori informazioni sul libro

The book introduces a novel approach to evaluating stocks by focusing on the expectations embedded in a company's stock price rather than solely forecasting cash flows. Rappaport and Mauboussin present an "expectations infrastructure" framework that connects economic forces to value creation, enabling investors to anticipate revisions in market expectations. This method equips investors and managers with tools to assess and communicate strategies effectively, fostering a deeper understanding of stock evaluation and enhancing investment success.

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Lingua: Inglese

Pubblicato: 2003

(In brossura)