Expectations Investing : : Reading Stock Prices for Better Returns, Revised and Updated / / Michael Mauboussin, Alfred Rappaport.
Most investment books try to assess the attractiveness of a stock price by estimating the value of the company. Expectations Investing provides a powerful and insightful alternative to identifying gaps between price and value.Michael J. Mauboussin and Alfred Rappaport suggest that an investor start...
Saved in:
Superior document: | Title is part of eBook package: De Gruyter Columbia University Press Complete eBook-Package 2021 |
---|---|
VerfasserIn: | |
Place / Publishing House: | New York, NY : : Columbia University Press, , [2021] ©2021 |
Year of Publication: | 2021 |
Language: | English |
Series: | Heilbrunn Center for Graham & Dodd Investing Series
|
Online Access: | |
Physical Description: | 1 online resource :; 53 figures and tables |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
id |
9780231554848 |
---|---|
lccn |
2021015960 |
ctrlnum |
(DE-B1597)612567 (OCoLC)1266908945 |
collection |
bib_alma |
record_format |
marc |
spelling |
Mauboussin, Michael, author. aut http://id.loc.gov/vocabulary/relators/aut Expectations Investing : Reading Stock Prices for Better Returns, Revised and Updated / Michael Mauboussin, Alfred Rappaport. New York, NY : Columbia University Press, [2021] ©2021 1 online resource : 53 figures and tables text txt rdacontent computer c rdamedia online resource cr rdacarrier text file PDF rda Heilbrunn Center for Graham & Dodd Investing Series Frontmatter -- Contents -- Foreword -- Preface -- Acknowledgments -- 1 The Case for Expectations Investing -- PART I. Gathering the Tools -- 2 How the Market Values Stocks -- 3 The Expectations Infrastructure -- 4 Analyzing Competitive Strategy -- PART II. Implementing the Process -- 5 How to Estimate Price-Implied Expectations -- 6 Identifying Expectations Opportunities -- 7 Buy, Sell, or Hold? -- 8 Beyond Discounted Cash Flow -- 9 Across the Economic Landscape -- PART III. Reading Corporate Signals and Sources of Opportunities -- 10 Mergers and Acquisitions -- 11 Share Buybacks -- 12 Sources of Expectations Opportunities -- Notes -- Index restricted access http://purl.org/coar/access_right/c_16ec online access with authorization star Most investment books try to assess the attractiveness of a stock price by estimating the value of the company. Expectations Investing provides a powerful and insightful alternative to identifying gaps between price and value.Michael J. 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. 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. Their framework traces value creation from the triggers that shape a company’s performance to the impact on the value drivers. 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 be able to evaluate stocks of companies in any sector or geography more effectively than those who use the standard approaches of most investors. Managers can use the book’s principles to devise, adjust, and communicate their company’s strategy in light of shareholder expectations.This revised and updated edition reflects the many changes in accounting and the business landscape since the book was first published and provides a wealth of new examples and case studies. Mode of access: Internet via World Wide Web. In English. Description based on online resource; title from PDF title page (publisher's Web site, viewed 29. Mai 2023) Investment analysis. Portfolio management. Stocks Prices. BUSINESS & ECONOMICS / Investments & Securities / Stocks. bisacsh Rappaport, Alfred, author. aut http://id.loc.gov/vocabulary/relators/aut Title is part of eBook package: De Gruyter Columbia University Press Complete eBook-Package 2021 9783110739077 Title is part of eBook package: De Gruyter EBOOK PACKAGE Business and Economics 2021 English 9783110754049 Title is part of eBook package: De Gruyter EBOOK PACKAGE COMPLETE 2021 English 9783110754001 Title is part of eBook package: De Gruyter EBOOK PACKAGE COMPLETE 2021 9783110753776 ZDB-23-DGG Title is part of eBook package: De Gruyter EBOOK PACKAGE Economics 2021 9783110753820 ZDB-23-DBV print 9780231203043 https://www.degruyter.com/isbn/9780231554848 Cover https://www.degruyter.com/document/cover/isbn/9780231554848/original |
language |
English |
format |
eBook |
author |
Mauboussin, Michael, Mauboussin, Michael, Rappaport, Alfred, |
spellingShingle |
Mauboussin, Michael, Mauboussin, Michael, Rappaport, Alfred, Expectations Investing : Reading Stock Prices for Better Returns, Revised and Updated / Heilbrunn Center for Graham & Dodd Investing Series Frontmatter -- Contents -- Foreword -- Preface -- Acknowledgments -- 1 The Case for Expectations Investing -- PART I. Gathering the Tools -- 2 How the Market Values Stocks -- 3 The Expectations Infrastructure -- 4 Analyzing Competitive Strategy -- PART II. Implementing the Process -- 5 How to Estimate Price-Implied Expectations -- 6 Identifying Expectations Opportunities -- 7 Buy, Sell, or Hold? -- 8 Beyond Discounted Cash Flow -- 9 Across the Economic Landscape -- PART III. Reading Corporate Signals and Sources of Opportunities -- 10 Mergers and Acquisitions -- 11 Share Buybacks -- 12 Sources of Expectations Opportunities -- Notes -- Index |
author_facet |
Mauboussin, Michael, Mauboussin, Michael, Rappaport, Alfred, Rappaport, Alfred, Rappaport, Alfred, |
author_variant |
m m mm m m mm a r ar |
author_role |
VerfasserIn VerfasserIn VerfasserIn |
author2 |
Rappaport, Alfred, Rappaport, Alfred, |
author2_variant |
a r ar |
author2_role |
VerfasserIn VerfasserIn |
author_sort |
Mauboussin, Michael, |
title |
Expectations Investing : Reading Stock Prices for Better Returns, Revised and Updated / |
title_sub |
Reading Stock Prices for Better Returns, Revised and Updated / |
title_full |
Expectations Investing : Reading Stock Prices for Better Returns, Revised and Updated / Michael Mauboussin, Alfred Rappaport. |
title_fullStr |
Expectations Investing : Reading Stock Prices for Better Returns, Revised and Updated / Michael Mauboussin, Alfred Rappaport. |
title_full_unstemmed |
Expectations Investing : Reading Stock Prices for Better Returns, Revised and Updated / Michael Mauboussin, Alfred Rappaport. |
title_auth |
Expectations Investing : Reading Stock Prices for Better Returns, Revised and Updated / |
title_alt |
Frontmatter -- Contents -- Foreword -- Preface -- Acknowledgments -- 1 The Case for Expectations Investing -- PART I. Gathering the Tools -- 2 How the Market Values Stocks -- 3 The Expectations Infrastructure -- 4 Analyzing Competitive Strategy -- PART II. Implementing the Process -- 5 How to Estimate Price-Implied Expectations -- 6 Identifying Expectations Opportunities -- 7 Buy, Sell, or Hold? -- 8 Beyond Discounted Cash Flow -- 9 Across the Economic Landscape -- PART III. Reading Corporate Signals and Sources of Opportunities -- 10 Mergers and Acquisitions -- 11 Share Buybacks -- 12 Sources of Expectations Opportunities -- Notes -- Index |
title_new |
Expectations Investing : |
title_sort |
expectations investing : reading stock prices for better returns, revised and updated / |
series |
Heilbrunn Center for Graham & Dodd Investing Series |
series2 |
Heilbrunn Center for Graham & Dodd Investing Series |
publisher |
Columbia University Press, |
publishDate |
2021 |
physical |
1 online resource : 53 figures and tables |
contents |
Frontmatter -- Contents -- Foreword -- Preface -- Acknowledgments -- 1 The Case for Expectations Investing -- PART I. Gathering the Tools -- 2 How the Market Values Stocks -- 3 The Expectations Infrastructure -- 4 Analyzing Competitive Strategy -- PART II. Implementing the Process -- 5 How to Estimate Price-Implied Expectations -- 6 Identifying Expectations Opportunities -- 7 Buy, Sell, or Hold? -- 8 Beyond Discounted Cash Flow -- 9 Across the Economic Landscape -- PART III. Reading Corporate Signals and Sources of Opportunities -- 10 Mergers and Acquisitions -- 11 Share Buybacks -- 12 Sources of Expectations Opportunities -- Notes -- Index |
isbn |
9780231554848 9783110739077 9783110754049 9783110754001 9783110753776 9783110753820 9780231203043 |
callnumber-first |
H - Social Science |
callnumber-subject |
HG - Finance |
callnumber-label |
HG4529 |
callnumber-sort |
HG 44529 R37 42021 |
url |
https://www.degruyter.com/isbn/9780231554848 https://www.degruyter.com/document/cover/isbn/9780231554848/original |
illustrated |
Not Illustrated |
dewey-hundreds |
300 - Social sciences |
dewey-tens |
330 - Economics |
dewey-ones |
332 - Financial economics |
dewey-full |
332.632042 |
dewey-sort |
3332.632042 |
dewey-raw |
332.632042 |
dewey-search |
332.632042 |
oclc_num |
1266908945 |
work_keys_str_mv |
AT mauboussinmichael expectationsinvestingreadingstockpricesforbetterreturnsrevisedandupdated AT rappaportalfred expectationsinvestingreadingstockpricesforbetterreturnsrevisedandupdated |
status_str |
n |
ids_txt_mv |
(DE-B1597)612567 (OCoLC)1266908945 |
carrierType_str_mv |
cr |
hierarchy_parent_title |
Title is part of eBook package: De Gruyter Columbia University Press Complete eBook-Package 2021 Title is part of eBook package: De Gruyter EBOOK PACKAGE Business and Economics 2021 English Title is part of eBook package: De Gruyter EBOOK PACKAGE COMPLETE 2021 English Title is part of eBook package: De Gruyter EBOOK PACKAGE COMPLETE 2021 Title is part of eBook package: De Gruyter EBOOK PACKAGE Economics 2021 |
is_hierarchy_title |
Expectations Investing : Reading Stock Prices for Better Returns, Revised and Updated / |
container_title |
Title is part of eBook package: De Gruyter Columbia University Press Complete eBook-Package 2021 |
author2_original_writing_str_mv |
noLinkedField noLinkedField |
_version_ |
1770176086177480704 |
fullrecord |
<?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>05434nam a22008295i 4500</leader><controlfield tag="001">9780231554848</controlfield><controlfield tag="003">DE-B1597</controlfield><controlfield tag="005">20230529094047.0</controlfield><controlfield tag="006">m|||||o||d||||||||</controlfield><controlfield tag="007">cr || ||||||||</controlfield><controlfield tag="008">230529t20212021nyu fo d z eng d</controlfield><datafield tag="010" ind1=" " ind2=" "><subfield code="a">2021015960</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9780231554848</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-B1597)612567</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1266908945</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-B1597</subfield><subfield code="b">eng</subfield><subfield code="c">DE-B1597</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="044" ind1=" " ind2=" "><subfield code="a">nyu</subfield><subfield code="c">US-NY</subfield></datafield><datafield tag="050" ind1="0" ind2="0"><subfield code="a">HG4529</subfield><subfield code="b">.R37 2021</subfield></datafield><datafield tag="050" ind1=" " ind2="4"><subfield code="a">HG4529</subfield><subfield code="b">.M383 2021</subfield></datafield><datafield tag="072" ind1=" " ind2="7"><subfield code="a">BUS036060</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="082" ind1="0" ind2="4"><subfield code="a">332.632042</subfield><subfield code="2">23</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Mauboussin, Michael, </subfield><subfield code="e">author.</subfield><subfield code="4">aut</subfield><subfield code="4">http://id.loc.gov/vocabulary/relators/aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Expectations Investing :</subfield><subfield code="b">Reading Stock Prices for Better Returns, Revised and Updated /</subfield><subfield code="c">Michael Mauboussin, Alfred Rappaport.</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">New York, NY : </subfield><subfield code="b">Columbia University Press, </subfield><subfield code="c">[2021]</subfield></datafield><datafield tag="264" ind1=" " ind2="4"><subfield code="c">©2021</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 online resource :</subfield><subfield code="b">53 figures and tables</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="a">text</subfield><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="a">computer</subfield><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="a">online resource</subfield><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="347" ind1=" " ind2=" "><subfield code="a">text file</subfield><subfield code="b">PDF</subfield><subfield code="2">rda</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">Heilbrunn Center for Graham & Dodd Investing Series</subfield></datafield><datafield tag="505" ind1="0" ind2="0"><subfield code="t">Frontmatter -- </subfield><subfield code="t">Contents -- </subfield><subfield code="t">Foreword -- </subfield><subfield code="t">Preface -- </subfield><subfield code="t">Acknowledgments -- </subfield><subfield code="t">1 The Case for Expectations Investing -- </subfield><subfield code="t">PART I. Gathering the Tools -- </subfield><subfield code="t">2 How the Market Values Stocks -- </subfield><subfield code="t">3 The Expectations Infrastructure -- </subfield><subfield code="t">4 Analyzing Competitive Strategy -- </subfield><subfield code="t">PART II. Implementing the Process -- </subfield><subfield code="t">5 How to Estimate Price-Implied Expectations -- </subfield><subfield code="t">6 Identifying Expectations Opportunities -- </subfield><subfield code="t">7 Buy, Sell, or Hold? -- </subfield><subfield code="t">8 Beyond Discounted Cash Flow -- </subfield><subfield code="t">9 Across the Economic Landscape -- </subfield><subfield code="t">PART III. Reading Corporate Signals and Sources of Opportunities -- </subfield><subfield code="t">10 Mergers and Acquisitions -- </subfield><subfield code="t">11 Share Buybacks -- </subfield><subfield code="t">12 Sources of Expectations Opportunities -- </subfield><subfield code="t">Notes -- </subfield><subfield code="t">Index</subfield></datafield><datafield tag="506" ind1="0" ind2=" "><subfield code="a">restricted access</subfield><subfield code="u">http://purl.org/coar/access_right/c_16ec</subfield><subfield code="f">online access with authorization</subfield><subfield code="2">star</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">Most investment books try to assess the attractiveness of a stock price by estimating the value of the company. Expectations Investing provides a powerful and insightful alternative to identifying gaps between price and value.Michael J. 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. 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. Their framework traces value creation from the triggers that shape a company’s performance to the impact on the value drivers. 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 be able to evaluate stocks of companies in any sector or geography more effectively than those who use the standard approaches of most investors. Managers can use the book’s principles to devise, adjust, and communicate their company’s strategy in light of shareholder expectations.This revised and updated edition reflects the many changes in accounting and the business landscape since the book was first published and provides a wealth of new examples and case studies.</subfield></datafield><datafield tag="538" ind1=" " ind2=" "><subfield code="a">Mode of access: Internet via World Wide Web.</subfield></datafield><datafield tag="546" ind1=" " ind2=" "><subfield code="a">In English.</subfield></datafield><datafield tag="588" ind1="0" ind2=" "><subfield code="a">Description based on online resource; title from PDF title page (publisher's Web site, viewed 29. Mai 2023)</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Investment analysis.</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Portfolio management.</subfield></datafield><datafield tag="650" ind1=" " ind2="0"><subfield code="a">Stocks</subfield><subfield code="x">Prices.</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">BUSINESS & ECONOMICS / Investments & Securities / Stocks.</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Rappaport, Alfred, </subfield><subfield code="e">author.</subfield><subfield code="4">aut</subfield><subfield code="4">http://id.loc.gov/vocabulary/relators/aut</subfield></datafield><datafield tag="773" ind1="0" ind2="8"><subfield code="i">Title is part of eBook package:</subfield><subfield code="d">De Gruyter</subfield><subfield code="t">Columbia University Press Complete eBook-Package 2021</subfield><subfield code="z">9783110739077</subfield></datafield><datafield tag="773" ind1="0" ind2="8"><subfield code="i">Title is part of eBook package:</subfield><subfield code="d">De Gruyter</subfield><subfield code="t">EBOOK PACKAGE Business and Economics 2021 English</subfield><subfield code="z">9783110754049</subfield></datafield><datafield tag="773" ind1="0" ind2="8"><subfield code="i">Title is part of eBook package:</subfield><subfield code="d">De Gruyter</subfield><subfield code="t">EBOOK PACKAGE COMPLETE 2021 English</subfield><subfield code="z">9783110754001</subfield></datafield><datafield tag="773" ind1="0" ind2="8"><subfield code="i">Title is part of eBook package:</subfield><subfield code="d">De Gruyter</subfield><subfield code="t">EBOOK PACKAGE COMPLETE 2021</subfield><subfield code="z">9783110753776</subfield><subfield code="o">ZDB-23-DGG</subfield></datafield><datafield tag="773" ind1="0" ind2="8"><subfield code="i">Title is part of eBook package:</subfield><subfield code="d">De Gruyter</subfield><subfield code="t">EBOOK PACKAGE Economics 2021</subfield><subfield code="z">9783110753820</subfield><subfield code="o">ZDB-23-DBV</subfield></datafield><datafield tag="776" ind1="0" ind2=" "><subfield code="c">print</subfield><subfield code="z">9780231203043</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://www.degruyter.com/isbn/9780231554848</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="3">Cover</subfield><subfield code="u">https://www.degruyter.com/document/cover/isbn/9780231554848/original</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">978-3-11-073907-7 Columbia University Press Complete eBook-Package 2021</subfield><subfield code="b">2021</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">978-3-11-075400-1 EBOOK PACKAGE COMPLETE 2021 English</subfield><subfield code="b">2021</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">978-3-11-075404-9 EBOOK PACKAGE Business and Economics 2021 English</subfield><subfield code="b">2021</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_CL_LAEC</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_EBKALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_ECL_LAEC</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_EEBKALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_ESSHALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_ESTMALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_PPALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_SSHALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">EBA_STMALL</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">GBV-deGruyter-alles</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">PDA11SSHE</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">PDA12STME</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">PDA13ENGE</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">PDA17SSHEE</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">PDA18STMEE</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">PDA5EBK</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-23-DBV</subfield><subfield code="b">2021</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-23-DGG</subfield><subfield code="b">2021</subfield></datafield></record></collection> |