Description
Book SynopsisPower through the ups and downs of the market with the Value Investing Model.
Stock prices fluctuate unpredictably. But company values stay relatively steady. This insight is the basis of value investing, the capital management strategy that performs best over the long term.
With Good Stocks Cheap, you can get started in value investing right now. Longtime outperforming value investor, professor, and international speaker Kenneth Jeffrey Marshall provides step-by-step guidance for creating your own value investing success story. Youâll learn how to:
âMaster any company with fundamental analysis
âDistinguish between a companyâs stock price from its worth
âMeasure your own investment performance honestly
âIdentify the right price at which to buy stock in a winning company
âHold quality stocks fearlessly during market swings
âSecure the fortitude necessary to make the right choices and take the right act
Table of Contents
Preface
Acknowledgements
Introduction
Part I: FOUNDATIONS
Chapter 1: The Quiet Outperformer
Chapter 2: Why Stocks?
Chapter 3: Price and Value are Different
Chapter 4: Measuring Performance
Part II: THE VALUE INVESTING MODEL
Chapter 5: Understanding the Business
Chapter 6: Accounting is a Language
Chapter 7: Capital Employed
Chapter 8: Operating Income
Chapter 9: Free Cash Flow
Chapter 10: Book Values and Shares
Chapter 11: Past Performance
Chapter 12: Future Performance
Chapter 13: Shareholder-Friendliness
Chapter 14: Inexpensiveness
Chapter 15: Price Drives Risk
Chapter 16: Misjudgment and Misaction
Part III: MAINTENANCE
Chapter 17: Portfolios and Selling
Chapter 18: Endurance
Chapter 19: Generating Ideas
Chapter 20: Differences Among Value Investors
Chapter 21: Preservation
Glossary
Bibliography
Notes
Index
