Reasons to Pass : : A Guide to Making Fewer and Better Investments / / Ralph Birchmeier.

Confidence and conviction are the keys to success in asset management. Analysts projecting these traits become more likely candidates for promotion; clients gravitate to portfolio managers who radiate assurance about future performance. However, these qualities do a disservice to optimal decision ma...

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Bibliographic Details
Superior document:Title is part of eBook package: De Gruyter Columbia University Press Complete eBook-Package 2023
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Place / Publishing House:New York, NY : : Columbia University Press, , [2023]
©2023
Year of Publication:2023
Language:English
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Physical Description:1 online resource :; 4 figures, 4 tables
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Table of Contents:
  • Frontmatter
  • Contents
  • 1. Principles and More
  • Introduction
  • 1. Reasons to Pass Investment Principles
  • 2. Main Street Versus Wall Street A Rigged Market?
  • 3. Fundamental Analysis in the Digital Age
  • 4. Indexing: A Viable Option
  • 2. Reasons to Pass
  • Introduction
  • 5. Minimum Market Capitalization
  • 6. Financial Leverage The Ultimate Killer
  • 7. High–Fixed Cost Businesses
  • 8. Accounting
  • 9. Regulatory Uncertainties
  • 10. Corporate Governance
  • 11. Asset Liability Mismatch
  • 12. Deep Cyclical Companies Near Cycle Peak
  • 13. High-Cost Commodity Businesses
  • 14. Cash Flow and Earnings Disconnect
  • 15. Structurally Declining Businesses
  • 16. Obsolescence Risk
  • 17. Valuation: A Critical Protector of Capital and Returns
  • 18. Lollapalooza Effect
  • 3. Reasons to Buy
  • Introduction
  • 19. Screening
  • 20. Growth Stocks
  • 21. Core Characteristics of Successful Investors
  • 22. Viable, and Buyable, Investment Opportunities
  • 23. Selling Discipline
  • Conclusion
  • Index