| Author | : Brian McNiven |
| File Size | : 45,6 Mb |
| Publisher | : John Wiley & Sons |
| Language | : English |
| Release Date | : 12 May 2016 |
| ISBN | : 9781118320341 |
| Pages | : 226 pages |
Concise Guide to Value Investing by Brian McNiven Book PDF Summary
The business performance creates the value -- the price createsthe OPPORTUNITY. No-one likes to pay too much for something. We all like to thingthat what we buy is ' good value'. It's not different when wepurchase a share in company listed on the stock market. In the Concise Guide to Value Investing, Brian McNivenreveals how to calculate the true value of a company to find outwhether you are paying a fair price. This fascinating bookexplores: 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® valuation formula. Two of the world's most successful investors, Warren Buffett andCharlie Munger, are self-confessed value investors. McNiven oftendraws on their wisdom to support his approach to valueinvesting,which he defines as buying a share at a price lower thanits calculated value. Only investors who have the ability tocalculate value can call themselves 'value investors'.
